SOCL

Global X Funds Global X Social Media ETF

$53.58

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Global X Social Media ETF (SOCL) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Social Media Total Return Index.

Overview

ETF tracking Global X Funds Global X Social Media ETF

Category Communication

Issuer Other

Inception Date 2011-11-15

Market Cap $143.0M

Average Volume N/A

Dividend Yield 0.21%

52-Week Range $38.16 - $62.63

VWAP $55.11

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund invests in companies that are involved in the social media industry, including companies that provide social networking, file sharing, and other web-based media applications. The fund uses a passive management approach, attempting to replicate the performance of the underlying index.

✨ Key Features

Provides exposure to companies involved in the global social media industry
Passively managed to track the Solactive Social Media Total Return Index
Invests in a diversified portfolio of social media-related companies
Relatively low expense ratio of 0.00%

⚠️ Primary Risks

Concentration risk as the fund is focused on the social media industry
Volatility risk as social media stocks can be subject to significant price swings
Regulatory risk as social media companies face increasing government scrutiny
Lack of performance history as the fund has not yet generated 1-year, 3-year, or 5-year returns

👤 Best For

This ETF may be suitable for investors seeking exposure to the global social media industry as part of a diversified portfolio. However, due to the lack of performance history and the concentrated nature of the fund, it may be more appropriate for investors with a higher risk tolerance and a longer investment horizon.