| NAV | $21.34 | Daily Change | $0.14 | 0.66% |
| Market Price | $21.35 | Daily Change | $0.22 | 1.04% |
In 2020, the number of active online banking users was approaching 1.9bn worldwide. Forecasts suggest that number could reach 2.5bn by 2024, highlighting the vast reach in just one segment of this theme.1
FinTech is a global theme, poised to benefit as expanding broadband and mobile internet penetration coincide with a rising middle class in developing markets, historically under-served by traditional financial services.
While FinTech companies have historically catered to the digital preferences of younger consumers, they are increasingly competing on cost and convenience across a range of more established industries like lending and insurance.
1Statista, Mar 2021
| Inception Date | 09/12/16 |
| Total Expense Ratio | 0.68% |
| Net Assets | $335.18 million |
| NAV | $21.34 |
| Fact Sheet | View the document |
The Global X FinTech ETF (FINX) seeks to invest in companies on the leading edge of the emerging financial technology sector, which encompasses a range of innovations helping to transform established industries like insurance, investing, fundraising, and third-party lending through unique mobile and digital solutions.
The Global X FinTech ETF (FINX) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global FinTech Thematic Index.
| Ticker | FINX |
| Bloomberg Index Ticker | IFINXNT |
| CUSIP | 37954Y814 |
| ISIN | US37954Y8140 |
| Primary Exchange | Nasdaq |
| Shares Outstanding | 15,710,000 |
| Number of Holdings | 61 |
| 30-Day Median Bid-Ask Spread | 0.37% |
| 30-Day SEC Yield | -0.02% |
| Distribution Frequency | Semi-Annually |
| NAV | $21.34 | Daily Change | $0.14 | 0.66% |
| Market Price | $21.35 | Daily Change | $0.22 | 1.04% |
|
As of recent (09/30/23)
As of recent (09/30/23)
|
Fund NAV | Market Price | Index |
|---|---|---|---|
| 1 Year | -0.80% | -0.45% | -0.60% |
| 3 Years | -17.50% | -17.53% | -17.21% |
| 5 Years | -5.77% | -5.76% | -5.34% |
| Since Inception | 5.08% | 5.08% | 5.62% |
| 1 Year | -12.14% | -12.20% | -11.92% |
| 3 Years | -18.24% | -18.32% | -17.95% |
| 5 Years | -4.63% | -4.65% | -4.19% |
| Since Inception | 3.96% | 3.94% | 4.50% |
| Year-to-Date | 5.36% | 4.87% | 5.54% |
| 1 Month | -7.44% | -7.23% | -7.42% |
| 3 Months | -8.79% | -8.74% | -8.66% |
| Since Inception | 41.79% | 41.78% | 47.03% |
| Year-to-Date | -1.97% | -2.58% | -1.74% |
| 1 Month | -6.95% | -7.10% | -6.90% |
| 3 Months | -24.31% | -24.31% | -24.24% |
| Since Inception | 31.94% | 31.72% | 36.88% |
Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.
| Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
|---|---|---|---|---|---|---|
| 8.67 | INTU | INTUIT INC | 2459020 | 564.07 | 52,111 | 29,394,251.77 |
| 7.04 | COIN | COINBASE GLOBA-A | BMC9P69 | 115.54 | 206,597 | 23,870,217.38 |
| 6.61 | FI | FISERV INC | 2342034 | 125.80 | 178,218 | 22,419,824.40 |
| 5.34 | FIS | FIDELITY NATIONA | 2769796 | 55.50 | 326,448 | 18,117,864.00 |
| 5.06 | ADYEN NA | ADYEN NV | BZ1HM42 | 1,174.51 | 14,594 | 17,140,861.19 |
| 4.70 | SQ | BLOCK INC | BYNZGK1 | 59.65 | 267,282 | 15,943,371.30 |
| 4.69 | GPN | GLOBAL PAYMENTS INC | 2712013 | 112.63 | 141,282 | 15,912,591.66 |
| 4.63 | PYPL | PAYPAL HOLDINGS INC | BYW36M8 | 55.76 | 281,497 | 15,696,272.72 |
| 4.36 | SSNC | SS&C TECHNOLOGIE | B58YSC6 | 55.84 | 264,405 | 14,764,375.20 |
| 3.82 | JKHY | JACK HENRY | 2469193 | 153.80 | 84,267 | 12,960,264.60 |
| 3.44 | NEXI IM | NEXI SPA | BJ1F880 | 7.70 | 1,514,011 | 11,660,508.31 |
| 3.38 | WISE LN | WISE PLC - A | BL9YR75 | 9.69 | 1,182,394 | 11,460,034.68 |
| 3.35 | XRO AU | XERO LTD | B8P4LP4 | 65.58 | 173,403 | 11,370,913.20 |
| 2.71 | GWRE | GUIDEWIRE SOFTWARE INC | B7JYSG3 | 97.28 | 94,576 | 9,200,353.28 |
| 2.31 | BILL | BILL HOLDINGS INC | BKDS4H5 | 63.85 | 122,884 | 7,846,143.40 |
| 2.17 | SOFI | SOFI TECHNOLOGIES INC | BM8J4C2 | 6.86 | 1,071,696 | 7,351,834.56 |
| 2.09 | AFRM | AFFIRM HOLDINGS INC | BMF9NM8 | 26.23 | 270,135 | 7,085,641.05 |
| 2.03 | TEMN SW | TEMENOS AG - REG | 7147892 | 79.36 | 86,520 | 6,865,872.43 |
| 1.98 | HQY | HEALTHEQUITY INC | BP8XZL1 | 68.49 | 97,771 | 6,696,335.79 |
| 1.71 | TOST | TOAST INC-CLASS A | BP6D7B7 | 14.19 | 407,566 | 5,783,361.54 |
| 1.58 | 377300 KS | KAKAOPAY CORP | BP8ZCS3 | 34.60 | 154,763 | 5,354,834.16 |
| 1.39 | STNE | STONECO LTD-A | BGKG6M3 | 14.50 | 324,160 | 4,700,320.00 |
| 1.15 | FOUR | SHIFT4 PAYMENT-A | BLF0L75 | 63.80 | 61,215 | 3,905,517.00 |
| 1.13 | NCNO | NCINO INC | BMC8TD1 | 29.97 | 128,202 | 3,842,213.94 |
| 1.00 | ACIW | ACI WORLDWIDE INC | 2889155 | 26.22 | 129,747 | 3,401,966.34 |
| 0.96 | DLO | DLOCAL LTD | BKVF490 | 17.43 | 187,019 | 3,259,741.17 |
| 0.83 | FLYW | FLYWIRE CORP-VOTING | BMBP1Q0 | 23.23 | 120,539 | 2,800,120.97 |
| 0.71 | ENV | ENVESTNET INC | B474ZK7 | 37.60 | 63,868 | 2,401,436.80 |
| 0.71 | LU | LUFAX HOLDING LTD-ADR | BNDK6G5 | 0.91 | 2,639,933 | 2,389,403.36 |
| 0.69 | RIOT | RIOT PLATFORMS INC | BD9F675 | 12.02 | 193,211 | 2,322,396.22 |
| 0.66 | UPST | UPSTART HOLDINGS INC | BL53QN5 | 23.73 | 93,979 | 2,230,121.67 |
| 0.66 | PAGS | PAGSEGURO DIGI-A | BFWK4R7 | 9.66 | 230,624 | 2,227,827.84 |
| 0.66 | PAYO | PAYONEER GLOBAL INC | BLSPX60 | 5.49 | 404,480 | 2,220,595.20 |
| 0.61 | VIRT | VIRTU FINANCIA-A | BWTVWD4 | 18.00 | 115,294 | 2,075,292.00 |
| 0.58 | HUB AU | HUB24 LTD | BD4T5X1 | 21.35 | 92,406 | 1,973,181.48 |
| 0.52 | MLNK | MERIDIANLINK INC | BMV7CG3 | 18.79 | 93,495 | 1,756,771.05 |
| 0.48 | SPNS | SAPIENS INTL | BFYZGX0 | 25.56 | 63,655 | 1,627,021.80 |
| 0.45 | VERX | VERTEX INC - CLASS A | BMX6DM1 | 27.90 | 54,921 | 1,532,295.90 |
| 0.44 | MARA | MARATHON DIGITAL | BLR7B52 | 11.41 | 131,922 | 1,505,230.02 |
| 0.43 | NVEI CN | NUVEI CORP-SUB V | BMFNHJ5 | 19.98 | 73,499 | 1,468,196.77 |
| 0.43 | AVTA | AVANTAX INC | B8L2DV2 | 26.00 | 55,637 | 1,446,562.00 |
| 0.39 | LMND | LEMONADE INC | BMGNTQ5 | 16.90 | 77,887 | 1,316,290.30 |
| 0.34 | HYQ GR | HYPOPORT SE | B28XLF6 | 147.58 | 7,752 | 1,144,040.78 |
| 0.29 | LEON SW | LEONTEQ AG | B7Y4738 | 45.42 | 21,278 | 966,359.24 |
| 0.28 | 9923 HK | YEAHKA LTD | BL58D39 | 1.90 | 504,714 | 959,787.19 |
| 0.27 | LPRO | OPEN LENDING CORP | BMTD3M6 | 6.33 | 142,330 | 900,948.90 |
| 0.24 | IRE AU | IRESS LTD | 6297497 | 3.87 | 207,263 | 801,334.30 |
| 0.23 | PGY | PAGAYA TECHNOL-A | BQ5J6B6 | 1.37 | 570,984 | 782,248.08 |
| 0.23 | PSFE | PAYSAFE LTD | BPCPXY2 | 11.37 | 68,120 | 774,524.40 |
| 0.20 | GLXY CN | GALAXY DIGITAL HOLDINGS | BD5H1G9 | 5.95 | 115,162 | 684,969.00 |
| 0.20 | LC | LENDINGCLUB CORP | BK95GR4 | 5.61 | 119,775 | 671,937.75 |
| 0.18 | 7342 JP | WEALTHNAVI INC | BMC6VV7 | 11.18 | 55,878 | 624,541.91 |
| 0.17 | MITK | MITEK SYSTEMS INC | 2597072 | 11.22 | 49,937 | 560,293.14 |
| 0.16 | IIIV | I3 VERTICALS INC-CLASS A | BF2G4D1 | 20.37 | 25,878 | 527,134.86 |
| 0.15 | 9959 HK | LINKLOGIS INC-CLASS B | BKSCMF6 | 0.22 | 2,251,000 | 502,581.08 |
| 0.13 | HUT CN | HUT 8 MINING CORP | BF11385 | 1.93 | 218,679 | 422,839.96 |
| 0.11 | PAY | PAYMENTUS HOLDINGS INC-A | BMBP1P9 | 16.78 | 21,799 | 365,787.22 |
| 0.09 | BLND | BLEND LABS INC-A | BP8K987 | 1.27 | 242,139 | 307,516.53 |
| 0.07 | TREE | LENDINGTREE INC | BV8TD84 | 16.23 | 13,636 | 221,312.28 |
| 0.06 | ZIP AU | ZIP CO LTD | BPP1Y77 | 0.24 | 809,897 | 194,704.73 |
| 0.04 | BKKT | BAKKT HOLDINGS INC | BMQ7FW5 | 1.88 | 78,908 | 148,347.04 |
| 0.03 | OTHER PAYABLE & RECEIVABLES | 1.00 | 107,789 | 107,788.53 | ||
| 0.02 | CASH | 1.00 | 63,005 | 63,004.64 | ||
| 0.00 | AUSTRALIAN DOLLAR | 0.66 | 540 | 355.67 | ||
| 0.00 | CANADIAN DOLLAR | 1.00 | 0 | -0.01 |
| Sector | Weight (%) | |
|---|---|---|
| Information Technology | 50.7 | |
| Financials | 39.3 | |
| Industrials | 4.6 | |
| Communication Services | 3.1 | |
| Health Care | 2.4 |
| Industry | Weight (%) | |
|---|---|---|
| Packaged Software | 35.7 | |
| Data Processing Services | 23.9 | |
| Information Technology Services | 18.6 | |
| Miscellaneous Commercial Services | 7.2 | |
| Internet Software/Services | 5.6 | |
| Finance/Rental/Leasing | 3.1 | |
| Investment Managers | 2.9 | |
| Investment Banks/Brokers | 1.5 | |
| Financial Conglomerates | 1.2 | |
| Property/Casualty Insurance | 0.3 |
| Country | Weight (%) | |
|---|---|---|
| United States | 75.8 | |
| New Zealand | 4.0 | |
| Britain | 3.5 | |
| Netherlands | 3.3 | |
| Italy | 3.0 | |
| Switzerland | 2.4 | |
| Brazil | 1.6 | |
| South Korea | 1.3 | |
| China | 1.3 | |
| Uruguay | 1.1 | |
| Australia | 0.9 | |
| Other | 1.8 |
All Sector, Industry and Geographic breakdowns, where provided, are based on equity positions held by the ETF and exclude cash, currencies, and other holdings.
Investing involves risk, including the possible loss of principal. The investable universe of companies in which FINX may invest may be limited. The Fund invests in securities of companies engaged in Information Technology which can be affected by rapid product obsolescence, and intense industry competition. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. FINX is non-diversified.
Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Beginning October 15, 2020, market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share. Prior to October 15, 2020, market price returns were based on the midpoint between the Bid and Ask price. NAVs are calculated using prices as of 4:00 PM Eastern Time. The returns shown do not represent the returns you would receive if you traded shares at other times. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.
Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.
Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by Indxx, nor does Indxx make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with Indxx.