FINX


FinTech ETF

Reasons to Consider FINX

High Growth Potential

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

Global Tailwinds

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.

Changing Consumer Preferences

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

Key Information As of 03/01/24

Inception Date 09/12/16
Total Expense Ratio 0.68%
Net Assets $371.83 million
NAV $26.75

ETF Summary

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.

ETF Objective

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.

Trading Details As of 03/01/24

Ticker FINX
B3 Trading Code BFNX39
Bloomberg Index Ticker IFINXNT
CUSIP 37954Y814
ISIN US37954Y8140
Primary Exchange Nasdaq
Shares Outstanding 13,900,000
Number of Holdings 60
30-Day Median Bid-Ask Spread 0.40%

Distributions As of 03/01/24

30-Day SEC Yield -0.18%
Distribution Frequency Semi-Annually

ETF Prices As of 03/01/24

NAV $26.75 Daily Change $0.20 0.75%
Market Price $26.72 Daily Change $0.22 0.83%

Performance History

Cumulative Returns (as of 02/29/24)
1 Month 6 Months YTD 12 Months 24 Months Since Inception Inception Date
Return FINX 9.67% 21.99% 3.75% 27.04% -16.34% 86.94% 09/12/16
Returns (as of 02/29/24)
Return FINX Return Index
Since Inception 86.94% 94.36%
12 Months 27.47% 28.36%
24 Months -16.27% -16.82%
Last 60 Trading Days 15.49% 15.81%
Last 75 Trading Days 33.66% 34.09%
Monthly Returns (through 02/29/24)
Return FINX Return Index
Mar 2024 0.00% 0.00%
Feb 2024 9.67% 9.81%
Jan 2024 -5.39% -5.29%
Dec 2023 14.39% 14.46%
Nov 2023 19.35% 19.34%
Oct 2023 -6.95% -6.91%
Sep 2023 -7.45% -7.48%
Aug 2023 -12.14% -12.09%
Jul 2023 12.12% 12.07%
Jun 2023 6.62% 6.80%
May 2023 -0.58% -0.34%
Apr 2023 0.06% 0.04%
Mar 2023 -0.59% -0.63%
Feb 2023 -5.44% -5.48%
Jan 2023 15.63% 14.94%
Dec 2022 -6.27% -6.22%
Nov 2022 -4.40% -4.84%
Oct 2022 5.07% 5.05%
Sep 2022 -13.93% -13.62%
Aug 2022 -2.94% -2.88%
Jul 2022 14.27% 14.31%
Jun 2022 -14.45% -14.58%
May 2022 -5.59% -6.23%
Apr 2022 -16.73% -16.63%
Mar 2022 -0.09% -0.22%

Total returns take into account management, administration and fees and other costs automatically deducted from the fund's assets. Before investing, you may read the prospectus in the “FEES AND EXPENSES” section for more details.

NAV & Index Chart

Top Holdings As of 03/01/24

Net Assets (%) Ticker Name Country SEDOL Market Price ($) Shares Held Market Value ($)
10.14 COIN COINBASE GLOBA-A United States BMC9P69 205.77 183,156 37,688,010.12
8.28 INTU INTUIT INC United States 2459020 666.52 46,218 30,805,221.36
6.39 FI FISERV INC United States 2342034 150.35 158,132 23,775,146.20
5.54 ADYEN NA ADYEN NV Netherlands BZ1HM42 1,592.82 12,938 20,607,938.11
5.39 FIS FIDELITY NATIONA United States 2769796 69.21 289,689 20,049,375.69
5.06 SQ BLOCK INC United States BYNZGK1 79.25 237,171 18,795,801.75
4.38 GPN GLOBAL PAYMENTS INC United States 2712013 130.09 125,286 16,298,455.74
4.07 PYPL PAYPAL HOLDINGS INC United States BYW36M8 60.54 249,797 15,122,710.38
4.05 SSNC SS&C TECHNOLOGIE United States B58YSC6 64.15 234,626 15,051,257.90
3.65 XRO AU XERO LTD Australia B8P4LP4 88.15 153,809 13,558,230.84
3.46 JKHY JACK HENRY United States 2469193 171.96 74,785 12,860,028.60
3.30 WISE LN WISE PLC - A United Kingdom BL9YR75 11.69 1,049,369 12,271,628.87
2.71 NEXI IM NEXI SPA Italy BJ1F880 7.51 1,343,628 10,089,330.30
2.64 GWRE GUIDEWIRE SOFTWARE INC United States B7JYSG3 116.73 83,976 9,802,518.48
2.45 AFRM AFFIRM HOLDINGS INC United States BMF9NM8 38.01 239,564 9,105,827.64
2.30 SOFI SOFI TECHNOLOGIES INC United States BM8J4C2 8.99 950,673 8,546,550.27
2.27 TOST TOAST INC-CLASS A United States BP6D7B7 23.38 361,512 8,452,150.56
1.94 BILL BILL HOLDINGS INC United States BKDS4H5 65.98 109,094 7,198,022.12
1.89 HQY HEALTHEQUITY INC United States BP8XZL1 81.05 86,792 7,034,491.60
1.56 TEMN SW TEMENOS AG - REG Switzerland 7147892 75.45 76,795 5,794,441.11
1.32 STNE STONECO LTD-A United States BGKG6M3 17.12 286,693 4,908,184.16
1.22 377300 KS KAKAOPAY CORP Republic Of Korea BP8ZCS3 33.08 137,187 4,538,215.19
1.22 FOUR SHIFT4 PAYMENT-A United States BLF0L75 83.54 54,156 4,524,192.24
0.99 ACIW ACI WORLDWIDE INC United States 2889155 32.13 114,724 3,686,082.12
0.92 NCNO NCINO INC United States BMC8TD1 30.03 113,360 3,404,200.80
0.87 MARA MARATHON DIGITAL United States BLR7B52 27.00 119,360 3,222,720.00
0.81 FLYW FLYWIRE CORP-VOTING United States BMBP1Q0 28.25 106,602 3,011,506.50
0.78 ENV ENVESTNET INC United States B474ZK7 51.07 56,447 2,882,748.29
0.75 PAGS PAGSEGURO DIGI-A United States BFWK4R7 13.69 204,017 2,792,992.73
0.74 DLO DLOCAL LTD United States BKVF490 16.74 165,480 2,770,135.20
0.66 RIOT RIOT PLATFORMS INC United States BD9F675 14.44 170,948 2,468,489.12
0.59 UPST UPSTART HOLDINGS INC United States BL53QN5 26.32 83,119 2,187,692.08
0.56 HUB AU HUB24 LTD Australia BD4T5X1 25.73 81,727 2,102,587.24
0.51 VIRT VIRTU FINANCIA-A United States BWTVWD4 18.57 101,900 1,892,283.00
0.51 LU LUFAX HOLDING LTD-ADR United States BR0V7R7 3.22 583,763 1,879,716.86
0.48 PAYO PAYONEER GLOBAL INC United States BLSPX60 4.94 357,782 1,767,443.08
0.47 NVEI CN NUVEI CORP-SUB V Canada BMFNHJ5 26.49 66,544 1,762,722.45
0.47 SPNS SAPIENS INTL United States BFYZGX0 30.98 56,234 1,742,129.32
0.45 VERX VERTEX INC - CLASS A United States BMX6DM1 33.55 49,763 1,669,548.65
0.42 MLNK MERIDIANLINK INC United States BMV7CG3 18.93 82,635 1,564,280.55
0.40 HYQ GR HYPOPORT SE Germany B28XLF6 209.13 7,017 1,467,434.91
0.32 LMND LEMONADE INC United States BMGNTQ5 16.92 70,604 1,194,619.68
0.29 GLXY CN GALAXY DIGITAL HOLDINGS Canada BD5H1G9 10.31 105,254 1,084,964.68
0.26 IRE AU IRESS LTD Australia 6297497 5.19 187,719 973,736.59
0.24 LPRO OPEN LENDING CORP United States BMTD3M6 7.05 128,659 907,045.95
0.24 PSFE PAYSAFE LTD United States BPCPXY2 14.53 61,611 895,207.83
0.24 LC LENDINGCLUB CORP United States BK95GR4 8.21 108,215 888,445.15
0.21 PGY PAGAYA TECHNOL-A United States BQ5J6B6 1.53 515,061 788,043.33
0.20 9923 HK YEAHKA LTD Hong Kong BL58D39 1.62 459,614 743,225.60
0.20 7342 JP WEALTHNAVI INC Japan BMC6VV7 14.79 49,362 729,949.31
0.17 LEON SW LEONTEQ AG Switzerland B7Y4738 32.71 19,275 630,485.57
0.16 BLND BLEND LABS INC-A United States BP8K987 2.75 212,817 585,246.75
0.14 MITK MITEK SYSTEMS INC United States 2597072 11.82 45,307 535,528.74
0.14 TREE LENDINGTREE INC United States BV8TD84 39.98 12,839 513,303.22
0.14 IIIV I3 VERTICALS INC-CLASS A United States BF2G4D1 21.53 23,448 504,835.44
0.14 ZIP AU ZIP CO LTD Australia BPP1Y77 0.66 764,537 504,466.85
0.11 OTHER PAYABLE & RECEIVABLES United States 1.00 407,569 407,568.72
0.09 HUT CN HUT 8 CORP Canada BQQ8805 8.94 38,486 344,180.28
0.09 9959 HK LINKLOGIS INC-CLASS B Hong Kong BKSCMF6 0.16 2,041,500 333,774.43
0.08 PAY PAYMENTUS HOLDINGS INC-A United States BMBP1P9 15.82 19,265 304,772.30
0.01 BKKT BAKKT HOLDINGS INC United States BMQ7FW5 0.58 68,772 39,887.76
0.00 AUSTRALIAN DOLLAR United States 0.65 540 352.78
-0.06 CASH United States 1.00 -227,148 -227,147.92
Holdings are subject to change. "Cash" denotes U.S. dollars.

Sector Breakdown As of 01/31/24

Sector Weight (%)
Information Technology 52.4
Financials 38.6
Industrials 4.7
Communication Services 2.4
Health Care 2.0

Source: AltaVista Research, LLC

Country Breakdown As of 01/31/24

Country Weight (%)
United States 74.7
Netherlands 4.9
Britain 3.5
New Zealand 3.3
Italy 3.0
Switzerland 2.5
Brazil 2.3
South Korea 1.5
Australia 1.0
Uruguay 0.8
China 0.7
Other/Cash 1.8

Source: AltaVista Research, LLC

ETF Characteristics As of 02/29/24

Return on Equity 11.00%
Weighted Avg. Market Cap 38,670 M
2023 2024
Price-to-earnings 36.36 27.67
Price-to-book value 3.18 2.90

Source: AltaVista Research, LLC

ETF Risk Stats As of 01/31/24

Versus Beta
S&P 500 1.53
MSCI EAFE 1.45
MSCI Emg. Mkts 1.17
Standard Deviation 32.90%

Source: AltaVista Research, LLC

TERMS OF USE

Global X Brasil Gestora de Investimentos Ltda. (“Global X Brasil”) is an asset manager authorized by the Brazilian Securities and Exchange Commission (“CVM”), constituted in the form of CVM Resolution No. 21/2021. Investing involves risks. The material on this site is for informational purposes only and does not constitute investment advice, recommendation, offer or solicitation to buy or sell any securities, funds, or strategies to any person in any jurisdiction in which an offer, solicitation, purchase, or sale would be illegal under the securities laws of such jurisdiction. Opinions expressed here are subject to change without notice. Reliance upon the information contained in this material is at the sole discretion of the reader. No securities regulator has confirmed the accuracy of any information contained herein. Access to the information on this site or the use of the services or information provided herein is prohibited by any person or entity in any jurisdiction or country where such distribution or use is contrary to local law, rules, or regulation. Investment in index funds (ETFs) involves risks, including detachment from the benchmark index and related to the liquidity of shares in the secondary market. Investment funds managed by Global X Brasil use strategies that can result in significant equity losses for their quota holders. Global X Brasil, its partners and employees are exempt of responsibility for any damages resulting directly or indirectly from the use of the information contained on this website.

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