Key stats
About GLOBAL X FDS FINTECH ETF
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Inception date
Sep 12, 2016
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Global X Management Co. LLC
Distributor
SEI Investments Distribution Co.
FINX offers cross-sector exposure to the emerging financial technology (FinTech) theme. The fund specifically includes developed markets securities with significant exposure to at least one of six FinTech themes: mobile payments, marketplace lending, crowdfunding, enterprise solutions, blockchain and alternative currencies, and personal finance software and automated wealth management services. Since the stocks straddle the line between financials and technology, they can benefit from but are also susceptible to sector-wide shocks to either sector. FINX aims to hold up to 100 FinTech companies, selected and weighted by market-cap. Constituents are then constrained such that no individual security exceeds 6% weight and the aggregate weight of securities with over 5% allocation is capped at 40% weight of the portfolio. The index rebalances and reconstitutes annually.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Commercial Services
Finance
Stocks99.92%
Technology Services45.71%
Commercial Services31.44%
Finance22.77%
Bonds, Cash & Other0.08%
Cash0.08%
Stock breakdown by region
North America77.91%
Europe12.99%
Oceania5.75%
Asia2.21%
Latin America0.77%
Middle East0.36%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FINX invests in stocks. The fund's major sectors are Technology Services, with 45.71% stocks, and Commercial Services, with 31.44% of the basket. The assets are mostly located in the North America region.
FINX top holdings are Intuit Inc. and Coinbase Global, Inc. Class A, occupying 7.19% and 6.69% of the portfolio correspondingly.
FINX last dividends amounted to 3.48 MXN. Six months before that, the issuer paid 1.06 MXN in dividends, which shows a 69.45% increase.
Yes, FINX pays dividends to its holders with the dividend yield of 0.74%. The last dividend (Jan 7, 2025) amounted to 3.48 MXN. The dividends are paid semi-annually.
FINX shares are issued by Mirae Asset Global Investments Co., Ltd. under the brand Global X. The ETF was launched on Sep 12, 2016, and its management style is Passive.
FINX expense ratio is 0.68% meaning you'd have to pay 0.68% of your investment to help manage the fund.
FINX follows the Indxx Global Fintech Thematic Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FINX invests in stocks.
and its yearly performance shows a 32.77% increase. See more dynamics on FINX price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 12.47% over the last month, showed a −11.27% decrease in three-month performance and has increased by 37.64% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 12.47% over the last month, showed a −11.27% decrease in three-month performance and has increased by 37.64% in a year.
FINX trades at a premium (2.10%) meaning the ETF is trading at a higher price than the calculated NAV.