Key stats
About Global X PropTech ETF
Expense ratio
0.51%
Home page
Inception date
Apr 11, 2023
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.
Classification
What's in the fund
Exposure type
Technology Services
Finance
Commercial Services
Stock breakdown by region