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Global X Funds Global X FinTech ETF

FINX
$
Today’s Change
()

Snapshot
*

Inception Date
Sep 12, 2016
Expense Ratio
0.68%
Type
Global Equities
Fund Owner
Global X
Volume (1m avg. daily)
$1,067,526
AUM
$333,079,550
Associated Index
Indxx Global Fintech Thematic Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

INTU
Intuit Inc
8.26%
FI
Fiserv, Inc.
6.45%
FIS
Fidelity National Information Services, Inc.
5.71%
GPN
Global Payments, Inc.
5.25%
PYPL
PayPal Holdings Inc
5.08%
COIN
Coinbase Global Inc - Ordinary Shares - Class A
4.57%
SSNC
SS&C Technologies Holdings Inc
4.44%
XRO
Xero Limited
4.01%
JKHY
Jack Henry & Associates, Inc.
3.89%
BILL
BILL Holdings Inc
3.84%

What is FINX?

The Global X FinTech Thematic ETF 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. The Global X FinTech Thematic 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. The Indxx Global Fintech Thematic Index is designed to track the performance of companies listed in developed markets that are offering technology-driven financial services which are disrupting existing business models in the financial services and banking sectors.

1M
3M
6M
YTD
1Y
3Y
Max

FINX
Performance Measures**

for the time period Sep 13, 2016 to Dec 4, 2025

Returns

1M Trailing Return: -4.6%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: -8.2%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -63.5%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 28.5%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.44

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.14

The annualized return divided by the max drawdown for the selected time period.

ETFs related toFINX

ETFs correlated to FINX include IPAY, ARKF, XAUG

FINX
Global X Funds - Global X Funds Global X FinTech ETF
IPAY
ETF Managers Group LLC - ETFMG Prime Mobile Payments ETF
ARKF
ARK ETF Trust - ARK Fintech Innovation ETF
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
XSW
SPDR Series Trust - SPDR S&P Software & Services ETF
VOT
Vanguard Group, Inc. - Vanguard Mid-Cap Growth ETF
VBK
Vanguard Group, Inc. - Vanguard Small Cap Growth ETF
VXF
Vanguard Group, Inc. - Vanguard Extended Market Index ETF
XT
BlackRock Institutional Trust Company N.A. - iShares Exponential Technologies ETF
KOMP
SPDR Series Trust - SPDR S&P Kensho New Economies Composite ETF
SPHB
Invesco Capital Management LLC - Invesco S&P 500 High Beta ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

FINX is a Global Equities ETF. The Global X FinTech Thematic ETF 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. The Global X FinTech Thematic 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. The Indxx Global Fintech Thematic Index is designed to track the performance of companies listed in developed markets that are offering technology-driven financial services which are disrupting existing business models in the financial services and banking sectors.

FINX tracks the Indxx Global Fintech Thematic Index.

No, FINX is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, FINX is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on FINX is -0.0338%. This is the percent change in the value of FINX over the most recent 1-month period. The 3-month return on FINX is -0.0504%. This is the percent change in the value of FINX over the most recent 3-month period.

The standard deviation of FINX for the past year is 0.308%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to FINX include PBW, IGF, and ARKK.

ETFs correlated to FINX include IPAY, ARKF, and XAUG.

ETFs that are inversely correlated to FINX include HIBS, WEBS, and SARK.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.