PTEC


PropTech ETF

Reasons to Consider PTEC

High Growth Potential

Forecasts suggest the global property technology (PropTech) market could reach over $100B by 2032, a 3x increase from 2023.1

Structural Tailwinds

Real estate is the largest store of wealth among financial assets classes. The merging of new tech and emerging demographics make the sector ripe for potential disruption.2

Unconstrained Approach

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, 2023

Key Information As of 03/14/25

Inception Date 04/11/23
Total Expense Ratio 0.51%
Net Assets $1.74 million
NAV $34.84
Fact Sheet View the document

ETF Summary

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.

ETF Objective

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.

Trading Details As of 03/14/25

Ticker PTEC
Bloomberg Index Ticker GXPTECN
CUSIP 37960A594
ISIN US37960A5948
Primary Exchange Nasdaq
Shares Outstanding 50,000
Number of Holdings 30
30-Day Median Bid-Ask Spread 0.34%

Distributions As of 03/14/25

30-Day SEC Yield 0.04%
Distribution Frequency Semi-Annually

ETF Prices As of 03/14/25

NAV $34.84 Daily Change $1.24 3.69%
Market Price $34.97 Daily Change $1.34 3.98%

Performance History

As of recent
(12/31/24)
As of recent
(12/31/24)
Fund NAV Market Price Index
1 Year 10.34% 10.35% 10.92%
Since Inception 19.05% 19.24% 19.60%
1 Year 14.49% 14.90% 15.08%
Since Inception 22.36% 22.47% 22.92%
Year-to-Date 10.34% 10.35% 10.92%
1 Month -8.57% -8.52% -8.53%
3 Months -2.25% -2.18% -2.12%
Since Inception 35.12% 35.49% 36.20%
Year-to-Date 8.32% 8.20% 8.38%
1 Month 1.67% 1.79% 1.69%
3 Months -0.97% -1.02% -0.86%
Since Inception 46.36% 46.60% 47.62%

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.

Top Holdings As of 03/14/25

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
9.64 BEKE KE HOLDINGS INC-ADR BMBX7M2 24.39 6,888 167,998.32
9.55 CSGP COSTAR GROUP INC 2262864 78.73 2,112 166,277.76
7.78 Z ZILLOW GROUP INC - C BYXJF62 70.58 1,921 135,584.18
7.55 GWRE GUIDEWIRE SOFTWARE INC B7JYSG3 185.84 708 131,574.72
6.95 ABNB AIRBNB INC-CLASS A BMGYYH4 122.86 986 121,139.96
4.97 RMV LN RIGHTMOVE PLC BGDT3G2 8.81 9,827 86,611.02
4.95 G24 GR SCOUT24 SE BYT9340 104.70 823 86,170.05
4.75 APPF APPFOLIO INC - A BYN7H48 216.74 382 82,794.68
4.75 NEM GR NEMETSCHEK SE 5633962 125.47 659 82,683.99
4.74 ADT ADT INC BFWCP81 7.48 11,035 82,541.80
4.47 REA AU REA GROUP LTD 6198578 144.77 538 77,884.47
3.86 PCOR PROCORE TECHNOLOGIES INC BLH11J8 68.13 986 67,176.18
3.84 ALRM ALARM.COM HOLDINGS INC BYN7H26 58.49 1,142 66,795.58
3.64 HEM SS HEMNET GROUP AB BN2RJ91 33.74 1,880 63,423.92
3.53 REZI RESIDEO TECHNOLOGIES INC BFD1TJ6 17.44 3,523 61,441.12
2.81 RKT ROCKET COS INC-CLASS A BMD6Y84 14.87 3,286 48,862.82
2.32 IWG LN INTERNATIONAL WO BYVQYS0 2.30 17,547 40,385.34
1.41 ARLO ARLO TECHNOLOGIES INC BYWPZY9 10.63 2,306 24,512.78
1.14 PXA AU PEXA GROUP LTD BMD0WJ3 7.33 2,711 19,882.57
1.02 HYQ GR HYPOPORT SE B28XLF6 186.68 95 17,734.71
1.00 BLND BLEND LABS INC-A BP8K987 3.55 4,918 17,458.90
0.99 UWMC UWM HOLDINGS CORP BMDJ3B9 5.95 2,898 17,243.10
0.95 DHG AU DOMAIN HOLDINGS BF17Y13 2.79 5,954 16,624.25
0.95 OPEN OPENDOOR TECHNOLOGIES INC BL96T19 1.14 14,456 16,479.84
0.49 PRCH PORCH GROUP INC BNGJQZ8 5.94 1,441 8,559.54
0.49 HIPO HIPPO HOLDINGS INC BMHG0X7 26.80 318 8,522.40
0.47 909 HK MING YUAN CLOUD BMC5QM0 0.47 17,490 8,236.20
0.28 SMRT SMARTRENT INC BPCHD26 1.18 4,064 4,795.52
0.26 2980 JP SRE HOLDINGS CORP BL4KJ49 18.92 240 4,540.96
0.20 3491 JP GATECHNOLOGIES CO LTD BFWVYJ2 7.37 467 3,440.04
0.20 CASH 1.00 3,398 3,398.48
0.07 OTHER PAYABLE & RECEIVABLES 1.00 1,138 1,138.26
0.00 EURO 1.09 2 2.11
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 02/28/25

Sector Weight (%)
Information Technology 24.5
Communication Services 22.4
Consumer Discretionary 17.0
Real Estate 15.7
Industrials 12.8
Financials 5.2
Materials 2.5

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Software & Services 22.6
Media & Entertainment 22.4
Consumer Services 12.7
Real Estate Management & Development 9.7
Commercial & Professional Services 9.0
Equity Real Estate Investment Trusts (REITs) 6.0
Financial Services 4.7
Consumer Discretionary Distribution & Retail 4.3
Capital Goods 3.8
Materials 2.5
Technology Hardware & Equipment 1.9
Other 0.4

Source: new windowAltaVista Research, LLC

Country Weight (%)
United States 62.8
Germany 10.0
China 9.1
Australia 6.6
Britain 4.7
Sweden 4.0
Switzerland 2.5
Japan 0.5

Source: new windowAltaVista Research, LLC

All Sector, Industry and Geographic breakdowns, where provided, are based on equity positions held by the ETF and exclude cash, currencies, and other holdings.

ETF Characteristics As of 03/14/25

Return on Equity 12.70%
Weighted Avg. Market Cap 19,084 M
2024 2025
Price-to-earnings 40.93 31.70
Price-to-book value 4.21 3.83

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 02/28/25

Versus Beta
S&P 500 1.53
NASDAQ-100 1.09
MSCI EAFE 1.22
MSCI Emg. Mkts 1.34
Standard Deviation 22.70%

Source: new windowAltaVista Research, LLC

ETF Research

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.