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ETFs

Global X Funds Global X Social Media ETF

SOCL
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Nov 14 2011
Expense Ratio
0.65%
Type
Global Equities
Fund Owner
Global X
Volume (1m avg. daily)
$966,838
AUM
$145,460,800
Associated Index
Solactive Social Media Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

META
Meta Platforms Inc - Ordinary Shares - Class A
12.89%
700
Tencent Holdings Ltd.
12.85%
035420
Naver Co Ltd
6.28%
SPOT
Spotify Technology S.A.
6.07%
BIDU
Baidu Inc - ADR
5.95%
035720
Kakao Corp
5.74%
SNAP
Snap Inc - Ordinary Shares - Class A
5.59%
NTES
NetEase Inc - ADR
5.08%
3659
Nexon Co Ltd
4.83%
PINS
Pinterest Inc - Ordinary Shares - Class A
4.43%
Invest with SOCL

What is SOCL?

The Global X Social Media Index ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Social Media Index. The Underlying Index tracks the equity performance of the largest and most liquid companies involved in the social media industry, including companies that provide social networking, file sharing, and other web-based media applications.

ETFs related toSOCL

ETFs correlated to SOCL include IRBO, ESPO, PNQI

SOCL
Global X Funds - Global X Social Media ETF
IRBO
BlackRock Institutional Trust Company N.A. - iShares Robotics and Artificial Intelligence Multisector ETF
ESPO
VanEck ETF Trust - VanEck Video Gaming and eSports ETF
PNQI
Invesco Capital Management LLC - Invesco NASDAQ Internet ETF
IXP
BlackRock Institutional Trust Company N.A. - iShares Global Comm Services ETF
DWLD
Davis Selected Advisers L.P - Davis Select Worldwide ETF
METV
Listed Funds Trust - Roundhill Ball Metaverse ETF
GBUY
Goldman Sachs ETF Trust - Goldman Sachs Future Consumer Equity ETF
XNTK
SPDR Series Trust - SPDR NYSE Technology ETF
FNGS
Bank of Montreal - MicroSectors FANG ETNs
EMQQ
Exchange Traded Concepts Trust - ETCT EMQQ The Emerging Markets Internet and Ecommerce 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 toSOCL

#SIN

Safety in Sin Stocks

Category

Grow Your Portfolio

Risk Rating

Aggressive

Create your own algorithmic trading strategy with SOCL using Composer

FAQ

SOCL is a Global Equities ETF. The Global X Social Media Index ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Social Media Index. The Underlying Index tracks the equity performance of the largest and most liquid companies involved in the social media industry, including companies that provide social networking, file sharing, and other web-based media applications.

SOCL tracks the Solactive Social Media Index.

No, SOCL 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, SOCL 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 SOCL is 0.0552%. This is the percent change in the value of SOCL over the most recent 1-month period. The 3-month return on SOCL is 0.1991%. This is the percent change in the value of SOCL over the most recent 3-month period.

The standard deviation of SOCL for the past year is 0.3857%. 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 SOCL include IXN, IXC, and GDXJ.

ETFs correlated to SOCL include IRBO, ESPO, and PNQI.

ETFs that are inversely correlated to SOCL include FNGD, WEBS, and EUM.

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.