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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)
$2,322
AUM
$2,611,278
Associated Index
Global X PropTech Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

CSGP
Costar Group, Inc.
8.49%
PCOR
Procore Technologies Inc
7.99%
BEKE
KE Holdings Inc - ADR
7.48%
BKI
Black Knight Inc - Ordinary Shares - Class A
7.13%
ABNB
Airbnb Inc - Ordinary Shares - Class A
7.12%
NEM
NEMETSCHEK SE
6.69%
G24
SCOUT24 SE
5.26%
Z
Zillow Group Inc - Ordinary Shares - Class C
4.63%
REA
REA Group Limited
4.61%
GWRE
Guidewire Software Inc
4.56%
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 IPAY, CLOU, FINX

PTEC
Global X Funds - Global X PropTech ETF
IPAY
ETF Managers Group LLC - ETFMG Prime Mobile Payments ETF
CLOU
Global X Funds - Global X Cloud Computing ETF
FINX
Global X Funds - Global X Funds Global X FinTech ETF
XT
BlackRock Institutional Trust Company N.A. - iShares Exponential Technologies ETF
ICVT
BlackRock Institutional Trust Company N.A. - iShares Convertible Bond ETF
IMCG
BlackRock Institutional Trust Company N.A. - iShares Morningstar Mid-Cap Growth ETF
VOT
Vanguard Group, Inc. - Vanguard Mid-Cap Growth ETF
ARKF
ARK ETF Trust - ARK Fintech Innovation ETF
VT
Vanguard Group, Inc. - Vanguard Total World Stock ETF
VXF
Vanguard Group, Inc. - Vanguard Extended Market Index 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

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 0.0325%. This is the percent change in the value of PTEC over the most recent 1-month period. The 3-month return on PTEC is %. This is the percent change in the value of PTEC over the most recent 3-month period.

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

ETFs correlated to PTEC include IPAY, CLOU, and FINX.

ETFs that are inversely correlated to PTEC include SARK, SPDN, and EDZ.

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.