About FINX ETF
Overview: 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. FINX enables investors to access high growth potential through companies that are applying technological innovations to disrupt and improve delivery of financial services. About the Fund Manager: Founded in 2008, Global X Funds is a New York based provider of exchange-traded funds that facilitates access to investment opportunities across the global markets. It has more than $8.5 billion in managed ETF assets, across more than 60 different products. Sector: Technology (77%), Financials (11%), Other (8%), Healthcare (4%) Geography: North America (72%), Europe (17%), Asia-Pacific (10%), Asia (1%) Investment Strategy: 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. The FinTech themes that are eligible for inclusion into the index are mobile payments, peer-to-peer and marketplace lending, enterprise solutions, crowd-funding, blockchain and alternative currency developers, and personal finance software, automated wealth management and trading. Recommended for: Growth Additional Information: 1. Fund Factsheet
Returns
| Performance | YTD | 1Y | 3Y |
|---|---|---|---|
| Global-X Fintech ETF | 0.92% | 84.57% | 27.63% |
Asset Class
Asset type breakdown
FINX Holdings - Top 10
| Namei | Weightage (%) | |
|---|---|---|
| Square, Inc | 9.48% | |
| Afterpay Limited | 6.58% | |
| Adyen N.V | 6.27% | |
| PayPal Holdings, Inc | 5.94% | |
| Intuit Inc | 5.34% | |
| Xero Limited | 4.91% | |
| Bill.com Holdings, Inc | 4.80% | |
| StoneCo Ltd | 4.78% | |
| Fiserv, Inc | 4.68% | |
| Lufax Holding Ltd | 4.22% |
FINX Sectors/Industry Breakdown
| Sectori | % of market value | |
|---|---|---|
| Technology | 80.78% | |
| Financial Services | 17.31% | |
| Healthcare | 1.91% |
FINX Countries
| Countryi | % of market value | |
|---|---|---|
| North America | 56.10% | |
| Europe Developed | 16.09% | |
| Australasia | 13.42% | |
| Latin America | 8.20% | |
| Asia Emerging | 5.26% | |
| Africa/Middle East | 0.63% | |
| Japan | 0.29% |
Projected Returns
Returnsbased on historic SIP returns of 16.31% per annum
FINX Summary Data
| Total Net Assets | $ | i |
| Average Mkt Cap Mil | $ | i |
| Symbol | FINX | |
| Exchange | XNAS | |
| ISIN | US37954Y8140 |
| Cat. Benchmark | MSCI ACWI NR USD | |
| Asset class | Equity | |
| Category | Technology | |
| Country | US |
FINX Portfolio Data & Volatility Analysis
| Net Expense Ratio | 0.68 | i |
| Beta | 1.32 | i |
| Valuations Rates Portfolio PE | 44.8873 | i |
| 3 Year Standard Deviation | 27.78 | i |
Fund Strategy
Global X FinTech ETF operates as an exchange-traded fund issued in the USA. The fund focuses on to track the investment result of the Indxx Global FinTech Thematic Index. The fund invests at least 80% of its total assets in the securities of the underlying index.
FINX Fact Sheets & Reports
About Global X
Global X is a global provider of ETFs based in America. Founded in 2008, Global X aims to provide a line-up that spans disruptive tech, equity income, commodities, and hard-to-access emerging markets. The ETF issuer and manager is widely known for its thematic growth, income and international product suites, in addition to its core, commodities and alpha strategies. In 2018, Global X was acquired by Mirae Asset.
