Symbols

SOCL

Global X Social Media ETF·NASDAQ

--(--)

Key Stats

Assets Under Management

133.85MUSD

Fund Flows (1Y)

-12.62MUSD

Dividend Yield

0.43%

Discount/Premium to NAV

Shares Outstanding

2.36M

Expense Ratio

0.65%

About Global X Social Media ETF

Issuer

Global X Management Company LLC

Brand

Global X

Home Page

https://www.globalxetfs.com/funds/SOCL

Inception Date

Nov 14, 2011

Structure

Open-Ended Fund

Index Tracked

Solactive Social Media Total Return Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

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.

SOCL is the first ETF on the market that focuses on social media companies. This vanilla fund caps the weights of pure-play social media companies at 10% and the weights of non-pure play companies at 4.75%. Notably, SOCL underweights US companies relative to its global technology peers, as it excludes several US tech giants. Instead, the fund has significant exposure on other countries such as China. SOCL also favors software firms and excludes semiconductors and computer companies. Overall, the fund's performance history unsurprisingly deviates significantly from that of the broad technology sector. The fund's index is reviewed semi-annually.