Fintech & Blockchain ETF (FTEC) – Global X ETFs Australia
Australia
Search

FTEC

Fintech & Blockchain ETF

Invest in FTEC Request Research
Overview Performance Holdings & Characteristics Research Documents Announcements FAQs

Reasons to Consider FTEC

High Growth Potential

The global online banking users is expected to reach 3.6 billion by 2024, highlighting the vast reach in just one segment of this theme1 and the global bitcoin market is expected to surpass USD$5.4bn by 2030.2

Global Tailwinds

Fintech and blockchain are global themes, poised to benefit as both expanding broadband and mobile internet penetration coincide with a rising middle class in developing markets, historically under-served by traditional financial services, and government and industry seek to improve the accuracy, transparency, and security of financial transactions.

Changing Consumer Preferences

While Fintech companies have historically catered to the digital preferences of younger consumers, they are increasingly competing on cost and convenience across a range of more established industries like lending and insurance. 84 countries now offer bitcoin ATMs.3

1 (Gitnux, 2023) https://gitnux.org/online-banking-usage-statistics/
2 (Capitial.com, 2023) https://capital.com/bitcoin-price-prediction-2030-2050
3 (Statista, 2024) https://www.statista.com/statistics/343147/number-of-bitcoin-atms-countries/

Product Information As of 26 Mar 2025

Inception Date 13 Oct 2021
Management Costs (% p.a.) 0.69
Currency Hedged No
Domicile Australia
Legal Form Managed Investment Scheme
SMSF Eligible Yes

NAV Information As of 26 Mar 2025

NAV/Unit (A$) 10.85390000
Currency (NAV) AUD
Shares Outstanding 590,908
AUM (A$) 6,413,636.13
NAV History File View

Product Summary

The Global X Fintech & Blockchain ETF (FTEC) seeks to invest in companies on the leading edge of the emerging financial technology sector, which encompasses a range of innovations helping to transform established industries like insurance, investing, fundraising, and third-party lending through unique mobile and digital solutions. This theme also includes those positioned to benefit from the increased adoption of blockchain technology, including companies in digital asset mining, blockchain & digital asset transactions, blockchain applications, blockchain & digital asset hardware, and blockchain & digital asset integration.

Product Objective

The Global X Fintech & Blockchain ETF (FTEC) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Developed Markets Fintech & DeFi Index.

Trading Details

Ticker FTEC
Bloomberg Code FTEC AU Equity
ISIN AU0000171472
Trading Hours 10:00AM – 4:00PM

Management & Administration

Issuer Global X Management (AUS) Limited
Custodian The Hongkong and Shanghai Banking Corporation Limited, Sydney Branch
Registrar Computershare Investor Services Pty Limited

Benchmark Information

Benchmark Indxx Developed Markets Fintech and DeFi Index
Provider Indxx, LLC.
Ticker IFINDEFN

Distributions As of 28 Feb 2025

12-Month Yield 0.87%
12-Month Franking Level 0.43%
Distribution Frequency Semi-Annually
Distribution History View

Performance Table As of 26 Mar 2025

Total Return (Fund) Total Return (Benchmark) Tracking Difference Tracking Error
1 Month -3.18% -3.14% -0.04% 0.01%
3 Months -7.33% -7.17% -0.16% 0.06%
1 Year 14.49% 15.28% -0.79% 0.50%
3 Year p.a. 12.00% 13.18% -1.18% 1.33%
5 Year p.a. -- -- -- --
10 Year p.a. -- -- -- --
Since Inception p.a. 2.67% 3.65% -0.98% 1.34%

Top Holdings As of 28 Mar 2025

Full Holdings (.xlsx)
Net Assets (%) Name SEDOL Market Price (Local) Shares Held Market Value (A$)
2.13 STONECO LTD-A BGKG6M3 11.45 7,484 135,857
2.08 LENDINGTREE INC BV8TD84 52.86 1,582 132,580
1.94 PAGSEGURO DIGI-A BFWK4R7 8.16 9,579 123,923
1.93 AVANZA BANK HOLD BJXMLF7 311.30 2,500 123,179
1.90 LUFAX HOLDIN-ADR BR0V7R7 3.06 24,914 120,867
1.89 DEUTSCHE BOERSE 7021963 268.40 262 120,384
1.82 XP INC - CLASS A BK4Y052 14.67 4,986 115,965
1.77 INTERCONTINENTAL BFSSDS9 176.36 403 112,680
1.76 HKEX 6267359 357.80 1,527 111,396
1.68 NORDNET AB PUBL BNDLH43 235.60 2,876 107,246
1.67 SS&C TECHNOLOGIE B58YSC6 83.64 803 106,481
1.66 GUIDEWIRE SOFTWA B7JYSG3 191.53 348 105,672
1.65 CME GROUP INC 2965839 261.85 254 105,446
1.65 VISA INC-CLASS A B2PZN04 349.86 190 105,388
1.65 TRADEWEB MARKE-A BJXMVK2 146.26 454 105,275
1.61 EXPERIAN PLC B19NLV4 35.74 1,394 102,380
1.60 ADYEN NV BZ1HM42 1,450.00 41 101,774
1.59 ACI WORLDWIDE IN 2889155 55.17 1,162 101,637
1.59 THOMSON REUTERS BNBXPB4 172.79 371 101,633
1.59 FISERV INC 2342034 219.18 292 101,467
1.59 EDENRED B62G1B5 31.50 1,881 101,434
1.58 HUATAI SECURIT-H BWVFT00 13.98 35,936 102,430
1.58 MASTERCARD INC-A B121557 557.57 114 100,774
1.57 LONDON STOCK EX B0SWJX3 113.20 430 100,026
1.56 CORPAY INC BMX5GK7 355.24 177 99,687
1.53 JACK HENRY 2469193 179.32 344 97,798
1.53 S&P GLOBAL INC BYV2325 508.64 121 97,575
1.53 NEXI SPA BJ1F880 5.15 11,035 97,365
1.52 GMO PAYMENT GATE B06CMQ9 8,078.00 1,150 97,543
1.52 WESTERN UNION B1F76F9 10.62 5,755 96,898
1.50 HUB24 LTD BD4T5X1 69.99 1,379 96,516
1.49 H&R BLOCK INC 2105505 53.95 1,112 95,113
1.48 MOODY'S CORP 2252058 468.98 127 94,428
1.48 NASDAQ INC 2965107 76.36 777 94,065
1.45 INTUIT INC 2459020 615.30 95 92,673
1.43 INTERACTIVE BROK B1WT4X2 169.00 341 91,366
1.43 WISE PLC - A BL9YR75 9.61 4,624 91,314
1.43 TOAST INC-A BP6D7B7 35.37 1,623 91,012
1.42 XERO LTD B8P4LP4 159.14 576 91,665
1.42 WOLTERS KLUWER 5671519 144.90 365 90,541
1.42 EQUIFAX INC 2319146 243.81 234 90,450
1.41 MSCI INC B2972D2 565.77 100 89,698
1.40 CBIZ INC 2730781 75.19 751 89,525
1.39 FIDELITY NATIONA 2769796 75.07 744 88,549
1.39 FACTSET RESEARCH 2329770 449.23 124 88,315
1.35 TRANSUNION BYMWL86 84.68 642 86,190
1.35 FAIR ISAAC CORP 2330299 1,872.28 29 86,082
1.34 GLOBAL PAYMENTS 2712013 99.47 542 85,474
1.34 MORNINGSTAR INC B081VR8 302.01 178 85,228
1.32 JAPAN EXCHANGE G 6743882 1,628.00 5,200 88,890
1.31 GARTNER INC 2372763 424.89 124 83,530
1.25 SHIFT4 PAYMENT-A BLF0L75 86.48 580 79,522
1.19 PAYPAL HOLDINGS BYW36M8 68.86 697 76,093
1.18 SOFI TECHNOLOGIE BM8J4C2 12.20 3,874 74,931
1.15 DLOCAL LTD BKVF490 8.87 5,219 73,393
1.11 DUN & BRADSTREET BLF9ZT2 8.94 4,983 70,627
1.10 AFFIRM HOLDINGS BMF9NM8 47.38 932 70,009
1.09 UPSTART HOLDINGS BL53QN5 49.10 890 69,281
1.08 RIOT PLATFORMS I BD9F675 7.77 5,605 69,046
1.07 MARA HOLDINGS IN BLR7B52 13.64 3,145 68,011
1.06 COINBASE GLOBA-A BMC9P69 188.58 225 67,270
1.03 GALAXY DIGITAL H BD5H1G9 17.44 3,392 65,492
1.02 VERTEX INC - A BMX6DM1 35.86 1,138 64,699
1.00 LENDINGCLUB CORP BK95GR4 10.85 3,710 63,818
0.96 BLOCK INC BYNZGK1 56.99 678 61,259
0.90 BITFARMS LTD/CAN BGMG7B7 1.36 38,076 57,329
0.87 HUT 8 CORP BQQ8805 17.84 2,796 55,223
0.82 BILL HOLDINGS IN BKDS4H5 48.46 677 52,013
0.81 HIVE DIGITAL TEC BM9HHB5 2.30 20,384 51,904
0.76 TERAWULF INC BNBRMS2 2.93 10,420 48,404
Holdings are subject to change.

Sector Breakdown As of 28 Mar 2025

Sector Weight (%)
Financials 70.5
Information Technology 16.1
Industrials 11.6
Consumer Discretionary 1.5
Other/Cash 0.3

Country Breakdown As of 28 Mar 2025

Country Weight (%)
United States 62.1
Brazil 5.9
Sweden 3.6
China 3.5
Canada 3.3
Netherlands 3.0
Britain 3.0
Japan 2.8
Germany 1.9
Hong Kong 1.8
Ireland 1.6
Other/Cash 7.5

Research

Scaling Blockchains: What Are Layer 2 Solutions and Interoperable Chains?

Read More

What is FinTech?

Read More

Documents

FAQs

  • What is “fintech”?

    Fintech is a combination of the words finance and technology. Fintech companies are those bringing cutting-edge technology to the financial services industry, and in the process ruffling the feathers of incumbent banks, insurers and wealth managers. Fintech adoption is surging thanks to the world going cashless, which has been a boom for digital payments and point of sale companies. By the adoption of smartphones, which has rocketed digital wallets. By the growth of big data and cloud, which has led to a surge in research providers and financial software companies and by nascent blockchain technology, which if used to its potential could disrupt much of financial services.

  • What is “decentralised finance”?

    Decentralised finance, sometimes referred to as “blockchain”, is distributed ledger technology. Most media coverage of this exciting new area has focused on bitcoin and other cryptocurrencies. However, there is more to blockchain than just cryptos. Promising blockchain innovations include “tokenisation”, which could allow private assets, such as real estate and cars, to trade in tokenised form in a similar way to shares in companies. Another potentially interesting area is “smart contracts”. This is where the terms of an agreement between companies are automatically executed by a blockchain, without the need for lawyers.

  • How are the companies in the index identified?

    Indxx starts by looking at companies within developed markets that meet minimum size and liquidity requirements. Indxx then hones in on several “sub-themes”, which they – and Global X – believe are relevant to fintech and decentralised finance. These sub-themes are decentralised finance, digital payments, financial data provider and analyser, financial enterprise solutions, peer-to-peer lending, personal finance software, tax compliance software, trading and capital markets, and point-of-sale. Within these sub-themes, companies are assessed based on revenue purity. Those making more than 50% of their revenue from these sub-themes are eligible for index inclusion. Companies eligible are selected based on market capitalisation, with each sub-theme capped at providing 10 companies except for decentralised finance which is capped at 20.

  • How are companies in FTEC weighted?

    FTEC uses an equal weight methodology, which is where an equal value of each company included in the index is bought at rebalance. Assuming no market movements, this would mean that each of the 75 companies included in the index would receive 1.33% of the fund’s weight at each rebalance. Equal weighting may have the advantage of allowing investors to “spread their bets” across a diverse range of companies in a fast-changing industry more equally. However, equal weighting has risks. These include potentially higher volatility as it lowers the median market capitalisation of a portfolio compared with market weighted approaches.

  • Why use FTEC for exposure to fintech?

    Fintech and blockchain are rapidly evolving industries. Afterpay was founded in 2014, yet as of August 2021, it has become one of Australia’s largest companies by market capitalisation. Picking individual companies that are likely to win from any theme is very difficult. But picking winners in new areas like fintech can be harder still due to the speed at which things can change. A strength of FTEC is that it offers diversification, providing investors with a basket of 75 researched stocks that capture the fintech theme. The result is that FTEC’s portfolio is likely to be less volatile than picking individual stocks. FTEC also provides a way to access global companies in a single trade. While some fintech companies – like Afterpay and Xero – trade on Australian exchanges, most global companies do not. This spares investors the work and cost of buying a portfolio of companies on foreign exchanges. As FTEC is locally domiciled, there is also less paperwork for end investors. Investors will not be required to complete W8 BEN forms.

  • How can you use FTEC in a portfolio?

    1. To express long-term strategic or short-term tactical views on disruptive financial technology.
    2. To complement financial services sector exposure with tech-aligned companies outside of the GICS classification (the industry sector classification created by MSCI and S&P Dow Jones Indices).
    3. To aid portfolio diversification via investment in companies that are largely absent from the Australian market.

  • Does FTEC overlap with other Global X funds?

    We design our ETFs with a view of minimising the amount of overlap between each. In this way, investors who buy more than one of our funds avoid buying the same stocks repeatedly. The precise amount of overlap between each fund can differ as the stocks moving in and out of each ETF change at index rebalance/reconstitution. Whatever overlap exists is usually small. For investors wanting to know the exact quantity of overlap between specific ETFs, please feel free to contact us.

  • Where can I buy and sell FTEC?

    When it launched, FTEC was listed on the CBOE exchange, the alternative exchange to the ASX. This means that if your broker is not connected to CBOE, then you will be unable to buy and sell FTEC. Most share trading platforms (such as CommSec, Open Markets, Wealthhub and more) are connected to the CBOE exchange and can facilitate your trade. If the platform you use is not connected with CBOE or you are having difficulties locating FTEC online, then we suggest contacting their trade and support team to enquire what is the best possible way to trade FTEC.

Global X Management (AUS) Limited (“Global X”) (Australian Financial Services Licence Number 466778, ACN 150 433 828) is the product issuer. Offers of interests in any retail product will only be made in, or accompanied by, a Product Disclosure Statement (PDS). In respect of each retail product, Global X has prepared a target market determination (TMD). Each PDS and TMD is available at www.globalxetfs.com.au. The information on this website is general in nature only and does not take into account your personal objectives, financial situations or needs. Before acting on any information, you should consider the appropriateness of the information having regard to your objectives, financial situation or needs and consider seeking independent financial, legal, tax and other relevant advice having regard to your particular circumstances. Any investment decision should only be made after obtaining and considering the relevant PDS and TMD. Investments in any product issued by Global X are subject to investment risk, including possible delays in repayment and loss of income and principal invested. The value or return of an investment will fluctuate and an investor may lose some or all of their investment. Past performance is not a reliable indicator of future performance.

Back to Top