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ETFs

Global X Funds Global X PropTech ETF

PTEC
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 11, 2023
Expense Ratio
0.50%
Type
Global Equities
Fund Owner
Global X
Volume (1m avg. daily)
$889
AUM
$2,667,954
Associated Index
Global X PropTech Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

BEKE
KE Holdings Inc - ADR
8.92%
ABNB
Airbnb Inc - Ordinary Shares - Class A
8.51%
PCOR
Procore Technologies Inc
8.17%
CSGP
Costar Group, Inc.
8.03%
Z
Zillow Group Inc - Ordinary Shares - Class C
7.16%
GWRE
Guidewire Software Inc
5.00%
ALRM
Alarm.com Holdings Inc
4.87%
APPF
Appfolio Inc - Ordinary Shares - Class A
4.85%
G24
Scout24 SE - Registered Shares
4.85%
RMV
Rightmove Plc
4.52%
Invest with PTEC

What is PTEC?

The Global X PropTech ETF (PTEC) seeks to invest in companies that are positioned to benefit from technology that optimizes the way people buy, sell, rent, design, construct, manage, and research/market residential and commercial properties. This includes software used in property management, online marketplaces, real estate research and analytics platforms, as well as next-generation digital infrastructure/hardware, such as smart security systems and virtual or augmented reality solutions.

ETFs related toPTEC

ETFs correlated to PTEC include XT, VOT, IMCG

PTEC
Global X Funds - Global X PropTech ETF
XT
BlackRock Institutional Trust Company N.A. - iShares Exponential Technologies ETF
VOT
Vanguard Group, Inc. - Vanguard Mid-Cap Growth ETF
IMCG
BlackRock Institutional Trust Company N.A. - iShares Morningstar Mid-Cap Growth ETF
VT
Vanguard Group, Inc. - Vanguard Total World Stock ETF
CLOU
Global X Funds - Global X Cloud Computing ETF
IRBO
BlackRock Institutional Trust Company N.A. - iShares Robotics and Artificial Intelligence Multisector ETF
FINX
Global X Funds - Global X Funds Global X FinTech ETF
CRBN
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI Low Carbon Target ETF
SPGM
SSgA Active Trust - SPDR Portfolio MSCI Global Stock Market ETF
ACWI
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI 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.

Automated Strategies
Related toPTEC

#PTC

Pick the Trending Commodity

Category

Living With High Inflation, Ride the Momentum

Risk Rating

Moderate

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with PTEC using Composer

FAQ

PTEC is a Global Equities ETF. The Global X PropTech ETF (PTEC) seeks to invest in companies that are positioned to benefit from technology that optimizes the way people buy, sell, rent, design, construct, manage, and research/market residential and commercial properties. This includes software used in property management, online marketplaces, real estate research and analytics platforms, as well as next-generation digital infrastructure/hardware, such as smart security systems and virtual or augmented reality solutions.

PTEC tracks the Global X PropTech Index.

No, PTEC 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, PTEC 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 PTEC is -0.017%. This is the percent change in the value of PTEC over the most recent 1-month period. The 3-month return on PTEC is 0.0212%. This is the percent change in the value of PTEC over the most recent 3-month period.

ETFs similar to PTEC include IXJ, SMH, and URA.

ETFs correlated to PTEC include XT, VOT, and IMCG.

ETFs that are inversely correlated to PTEC include HIBS, WEBS, and SPXS.

Disclaimers

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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.