FINX

Global X Funds Global X FinTech ETF

$30.17

+0.00%

Market closed. Last update: 10:57 PM ET

📎 Investment 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.

Overview

ETF tracking Global X Funds Global X FinTech ETF

Category Technology

Issuer Other

Inception Date 2016-09-13

Market Cap $268.5M

Average Volume N/A

Dividend Yield 0.56%

52-Week Range $24.27 - $35.28

VWAP $30.42

Performance

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Investment Summary

📎 Investment 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.

🎯 Investment Strategy

The ETF invests in companies on the forefront of the financial technology revolution, including those involved in mobile payments, peer-to-peer (P2P) and marketplace lending, financial analytics software, and alternative currencies.

✨ Key Features

Provides exposure to the fast-growing fintech industry
Diversified portfolio of global fintech companies
Passively managed to track the Indxx Global FinTech Thematic Index
Low expense ratio of 0.00%

⚠️ Primary Risks

Concentration risk as the fund is focused on the fintech industry
Potential volatility due to the emerging and rapidly evolving nature of the fintech sector
Currency risk for international holdings
Liquidity risk as the fund is relatively new with low assets under management

👤 Best For

The Global X FinTech ETF may be suitable for investors seeking exposure to the fintech industry as part of a diversified technology or growth-oriented portfolio. Due to the fund's focus and potential volatility, it is best suited for investors with a higher risk tolerance and a longer-term investment horizon.