Key stats
About Global X PropTech ETF
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Inception date
Apr 11, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Global X Management Co. LLC
Distributor
SEI Investments Distribution Co.
PTEC tracks a narrow portfolio of global PropTechs or real estate-based companies. PropTech firms make at least 50% of their revenue (pure-play) from technological optimization toward real estate operation, management, and development. These include research and analytics, online marketplace and platforms, and property management. The selection process begins with FactSet, which identifies PropTech companies. After which, securities are filtered with typical screens such as daily turnover, minimum market capitalization, available public shares, and country listing. To build the portfolio, the top 50 pure-play stocks are selected and weighted based on their market capitalization. The fund may lend a third of its assets. The index rebalances and reconstitutes semi-annually, made on the last day of February and August.
Related funds
Classification
What's in the fund
Exposure type
Technology Services
Commercial Services
Finance
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
PTEC trades at 38.63 USD today, its price has risen 0.33% in the past 24 hours. Track more dynamics on PTEC price chart.
PTEC net asset value is 38.67 today — it's risen 6.19% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
PTEC assets under management is 1.89 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
PTEC price has risen by 5.51% over the last month, and its yearly performance shows a 19.67% increase. See more dynamics on PTEC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 6.19% over the last month, showed a 16.21% increase in three-month performance and has increased by 19.28% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 6.19% over the last month, showed a 16.21% increase in three-month performance and has increased by 19.28% in a year.
PTEC fund flows account for −1.74 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
PTEC invests in stocks. See more details in our Analysis section.
PTEC expense ratio is 0.50%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, PTEC isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, PTEC technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating PTEC shows the buy signal. See more of PTEC technicals for a more comprehensive analysis.
Today, PTEC technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating PTEC shows the buy signal. See more of PTEC technicals for a more comprehensive analysis.
Yes, PTEC pays dividends to its holders with the dividend yield of 0.06%.
PTEC trades at a premium (0.10%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
PTEC shares are issued by Mirae Asset Global Investments Co., Ltd.
PTEC follows the Global X PropTech Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 11, 2023.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.