Global X FinTech ETF

Global X FinTech ETF (FINX) is an index fund that tracks the Indxx Global Fintech Thematic Index, a basket of 75 payment, lending, trading and crypto-related stocks as of May 31, 2026, mostly from the US. Its largest holdings included Robinhood, Block, PayPal and Coinbase. Its 0.68% expense ratio is above the 0.57% average of similar funds, and its price has swung widely, including a 52% loss in 2022.

• Over the year to Oct 27, 2026, FINX returned -30.8%, 4th of 7 among similar funds.
• Its 5-year annualized return was -12.5% and its 10-year +5.6%.
• In the 2020 COVID crash it fell 41% and regained its old high 3.4 months after the low.
• Its worst full calendar year was 2022 (-51.8%); its best was 2020 (+53.8%).
• The deepest fall in its price history was 63.6% (Oct 25, 2021 to Oct 27, 2023), not yet recovered.

As of May 31, 2026, the fund held 75 securities; the ten largest made up 50.34% of assets.

• Over the three months to May 31, 2026, investors withdrew a net $30.8M (creations minus redemptions, per the N-PORT report).
• Monthly total returns reported for that quarter: +4.28%, +9.47%, -5.85%.

FINX aims to match the Indxx Global Fintech Thematic Index, before fees, and puts at least 80% of its assets in that index's stocks. Indxx, an independent index provider, starts with companies listed in developed markets such as the US, Europe, Japan, Australia and Canada. As of January 31, 2026, a company needed a market value of at least $300 million and average daily trading of at least $2 million to qualify.

Indxx then looks for companies with significant exposure to six fintech themes: mobile payments, peer-to-peer and marketplace lending, enterprise solutions, blockchain and alternative currencies, crowdfunding, and personal finance and automated wealth software. A company qualifies if a large share of its revenue comes from these themes or if it says they are its main business. Larger companies get bigger weights, and at the annual rebalance a cap trims the biggest positions so no single stock dominates.

Global X Management Company, the adviser, generally holds every index stock in about the same proportions. It does not try to beat the index or move to cash when markets fall. The fund may lend up to one-third of its assets to other investors for extra income, which adds a small risk that a borrower fails to return them. Portfolio turnover was 12.64%, according to the March 27, 2026 prospectus.

• FINX charges 0.68% a year, versus an average of 0.57% for the similar funds below (4th of 7, cheapest first).
• Using the prospectus's standard example, $10,000 invested would cost about $69 in the first year and $847 over 10 years (assuming a 5% annual return).

FINX is a narrow, volatile bet on fintech stocks with a deep loss that had not been recovered as of October 27, 2026, so it fits at most as a small add-on to a broader core.

FINX adds targeted exposure to fintech, but it has swung far more than the overall market. In the 2020 COVID crash it fell 41% in about five weeks, then recovered by July 6, 2020. In the 2022 bear market it dropped about 50%, and 2022 was its worst calendar year, a 52.01% loss. Its deepest decline, 63.6% from October 25, 2021 to October 27, 2023, had not been recovered as of October 27, 2026. It launched in 2016, so it has no record from 2008. Anyone forced to withdraw money during a slump like that would lock in steep losses. Income is minor: a 0.87% trailing yield as of October 27, 2026, paid twice a year. In the SEC's standard example, costs on $10,000 come to $69 in year one. Past results don't predict future returns, and any plan should look at the whole portfolio, not one fund.

Matched by holdings overlap from the latest N-PORT reports.