| NAV | $36.09 | Daily Change | -$0.08 | -0.22% |
| Market Price | $36.19 | Daily Change | -$0.06 | -0.17% |
Forecasts suggest the global property technology (PropTech) market could reach over $100bn by 2032, a 3x increase from 2023.1
Real estate represents the largest store of wealth compared to any other financial asset class.2 We believe the convergence of new technologies and emerging demographic trends make the sector ripe for disruption.
The universe of PropTech companies defies traditional categorization. PTEC invests accordingly, with global exposure across multiple sectors and industries.
1Market Research Future, Mar 2024
2Based on a valuation of $379.7tn per Savills Research, Sep 2023
| Inception Date | 04/11/23 |
| Total Expense Ratio | 0.51% |
| Net Assets | $1.80 million |
| NAV | $36.09 |
| Fact Sheet | View the document |
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.
The Global X PropTech ETF (PTEC) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Global X PropTech Index.
| Ticker | PTEC |
| Bloomberg Index Ticker | GXPTECN |
| CUSIP | 37960A594 |
| ISIN | US37960A5948 |
| Primary Exchange | Nasdaq |
| Shares Outstanding | 50,000 |
| Number of Holdings | 32 |
| 30-Day Median Bid-Ask Spread | 0.37% |
| 30-Day SEC Yield | 0.08% |
| Distribution Frequency | Semi-Annually |
| NAV | $36.09 | Daily Change | -$0.08 | -0.22% |
| Market Price | $36.19 | Daily Change | -$0.06 | -0.17% |
|
As of recent (09/30/24)
As of recent (09/30/24)
|
Fund NAV | Market Price | Index |
|---|---|---|---|
| 1 Year | 30.11% | 30.18% | 30.83% |
| Since Inception | 24.56% | 24.74% | 25.12% |
| 1 Year | 35.95% | 36.55% | 36.68% |
| Since Inception | 26.87% | 27.04% | 27.45% |
| Year-to-Date | 12.88% | 12.81% | 13.31% |
| 1 Month | 7.33% | 7.41% | 7.38% |
| 3 Months | 10.20% | 10.53% | 10.36% |
| Since Inception | 38.23% | 38.51% | 39.15% |
| Year-to-Date | 20.69% | 20.63% | 21.25% |
| 1 Month | 9.41% | 9.35% | 9.46% |
| 3 Months | 14.75% | 14.86% | 14.91% |
| Since Inception | 47.79% | 48.12% | 48.90% |
Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.
| Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
|---|---|---|---|---|---|---|
| 10.59 | Z | ZILLOW GROUP INC - C | BYXJF62 | 83.70 | 2,283 | 191,087.10 |
| 9.22 | GWRE | GUIDEWIRE SOFTWARE INC | B7JYSG3 | 200.87 | 828 | 166,320.36 |
| 8.79 | BEKE | KE HOLDINGS INC-ADR | BMBX7M2 | 19.31 | 8,214 | 158,612.34 |
| 8.01 | ABNB | AIRBNB INC-CLASS A | BMGYYH4 | 137.49 | 1,051 | 144,501.99 |
| 7.32 | CSGP | COSTAR GROUP INC | 2262864 | 80.07 | 1,650 | 132,115.50 |
| 5.35 | PCOR | PROCORE TECHNOLOGIES INC | BLH11J8 | 80.82 | 1,194 | 96,499.08 |
| 4.73 | G24 GR | SCOUT24 SE | BYT9340 | 90.25 | 945 | 85,283.09 |
| 4.55 | RMV LN | RIGHTMOVE PLC | BGDT3G2 | 8.19 | 10,029 | 82,171.28 |
| 4.55 | REZI | RESIDEO TECHNOLOGIES INC | BFD1TJ6 | 27.50 | 2,988 | 82,170.00 |
| 4.41 | APPF | APPFOLIO INC - A | BYN7H48 | 255.89 | 311 | 79,581.79 |
| 4.33 | REA AU | REA GROUP LTD | 6198578 | 161.21 | 485 | 78,188.38 |
| 4.02 | NEM GR | NEMETSCHEK SE | 5633962 | 103.23 | 702 | 72,466.60 |
| 3.67 | ADT | ADT INC | BFWCP81 | 7.63 | 8,679 | 66,220.77 |
| 3.54 | ALRM | ALARM.COM HOLDINGS INC | BYN7H26 | 64.66 | 988 | 63,884.08 |
| 2.71 | HEM SS | HEMNET GROUP AB | BN2RJ91 | 30.09 | 1,625 | 48,894.56 |
| 1.97 | RKT | ROCKET COS INC-CLASS A | BMD6Y84 | 14.18 | 2,501 | 35,464.18 |
| 1.86 | IWG LN | INTERNATIONAL WO | BYVQYS0 | 2.14 | 15,735 | 33,621.63 |
| 1.49 | MTTR | MATTERPORT INC | BN75T01 | 4.75 | 5,660 | 26,885.00 |
| 1.37 | OPEN | OPENDOOR TECHNOLOGIES INC | BL96T19 | 2.13 | 11,570 | 24,644.10 |
| 1.24 | ARLO | ARLO TECHNOLOGIES INC | BYWPZY9 | 11.81 | 1,898 | 22,415.38 |
| 1.09 | PXA AU | PEXA GROUP LTD | BMD0WJ3 | 8.38 | 2,346 | 19,648.44 |
| 1.07 | BLND | BLEND LABS INC-A | BP8K987 | 5.12 | 3,774 | 19,322.88 |
| 0.93 | HYQ GR | HYPOPORT SE | B28XLF6 | 202.37 | 83 | 16,797.08 |
| 0.65 | UWMC | UWM HOLDINGS CORP | BMDJ3B9 | 6.56 | 1,774 | 11,637.44 |
| 0.52 | DHG AU | DOMAIN HOLDINGS | BF17Y13 | 1.84 | 5,094 | 9,393.25 |
| 0.46 | HIPO | HIPPO HOLDINGS INC | BMHG0X7 | 31.16 | 267 | 8,319.72 |
| 0.34 | SMRT | SMARTRENT INC | BPCHD26 | 1.73 | 3,530 | 6,106.90 |
| 0.33 | 909 HK | MING YUAN CLOUD | BMC5QM0 | 0.36 | 16,490 | 5,954.68 |
| 0.31 | PRCH | PORCH GROUP INC | BNGJQZ8 | 3.77 | 1,471 | 5,545.67 |
| 0.24 | 2980 JP | SRE HOLDINGS CORP | BL4KJ49 | 21.98 | 200 | 4,395.82 |
| 0.17 | 3491 JP | GATECHNOLOGIES CO LTD | BFWVYJ2 | 8.36 | 367 | 3,069.86 |
| 0.15 | ANGI | ANGI INC | BF4VWH4 | 1.98 | 1,362 | 2,696.76 |
| 0.09 | CASH | 1.00 | 1,549 | 1,548.76 | ||
| 0.00 | EURO | 1.05 | 2 | 2.03 | ||
| -0.04 | OTHER PAYABLE & RECEIVABLES | 1.00 | -719 | -719.24 |
| Sector | Weight (%) | |
|---|---|---|
| Information Technology | 27.3 | |
| Communication Services | 23.1 | |
| Real Estate | 16.1 | |
| Consumer Discretionary | 15.6 | |
| Industrials | 11.9 | |
| Financials | 4.1 | |
| Materials | 1.8 | |
| Other | 0.1 |
| Industry | Weight (%) | |
|---|---|---|
| Software & Services | 25.9 | |
| Media & Entertainment | 23.2 | |
| Consumer Services | 11.6 | |
| Real Estate Management & Development | 10.1 | |
| Commercial & Professional Services | 7.5 | |
| Equity Real Estate Investment Trusts (REITs) | 6.1 | |
| Capital Goods | 4.5 | |
| Consumer Discretionary Distribution & Retail | 4.1 | |
| Financial Services | 3.6 | |
| Materials | 1.9 | |
| Technology Hardware & Equipment | 1.2 | |
| Other | 0.3 |
| Country | Weight (%) | |
|---|---|---|
| United States | 65.8 | |
| Germany | 9.8 | |
| China | 8.9 | |
| Australia | 6.0 | |
| Britain | 4.6 | |
| Sweden | 2.7 | |
| Switzerland | 1.9 | |
| Japan | 0.4 |
All Sector, Industry and Geographic breakdowns, where provided, are based on equity positions held by the ETF and exclude cash, currencies, and other holdings.
Investing involves risk, including the possible loss of principal. PropTech companies are primarily exposed to the risks specific to the technology and real estate markets. Narrowly focused investments will be more susceptible to factors affecting that sector and subject to more volatility. Technology companies may be subject to rapid changes in technology, intense competition, rapid obsolescence of products and services, loss of intellectual property protections, evolving industry standards and frequent new product productions, and changes in business cycles and government regulation. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. PTEC is non-diversified.
Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. The market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share, and do not represent the returns you would receive if you traded shares at other times. NAVs are calculated using prices as of 4:00 PM Eastern Time. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.
Since the Fund’s shares did not trade in the secondary market until several days after the Fund’s inception, for the period from inception to the first day of secondary market trading in Shares, the NAV of the Fund is used to calculate market returns.
Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.
Global X Management Company LLC serves as an advisor to Global X Funds. The Global X PropTech Index is owned and was developed by Global X Management Company LLC for use by Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments.