Key stats
About Global X Social Media ETF
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Inception date
Nov 14, 2011
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.
SOCL is the first ETF on the market that focuses on social media companies. This vanilla fund caps the weights of pure-play social media companies at 10% and the weights of non-pure play companies at 4.75%. Notably, SOCL underweights US companies relative to its global technology peers, as it excludes several US tech giants. Instead, the fund has significant exposure on other countries such as China. SOCL also favors software firms and excludes semiconductors and computer companies. Overall, the fund's performance history unsurprisingly deviates significantly from that of the broad technology sector. The funds index is reviewed semi-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
Stocks99.87%
Technology Services89.79%
Commercial Services8.29%
Consumer Services0.90%
Communications0.74%
Retail Trade0.16%
Bonds, Cash & Other0.13%
Cash0.13%
Stock breakdown by region
Asia54.38%
North America36.31%
Europe8.71%
Middle East0.60%
Latin America0.00%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history