SOCLGlobal X Social Media ETF
SOCL Fund Description
SOCL tracks a modified market-cap-weighted index of social media companies selected by a committee.
SOCL Factset Analytics Insight
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.
SOCL MSCI ESG Analytics Insight
Global X Social Media ETF has an MSCI ESG Fund Rating of B based on a score of 2.28 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Global X Social Media ETF ranks in the 2nd percentile within its peer group and in the 5th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
SOCL MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
SOCL Summary Data
SOCL Portfolio Data
SOCL Index Data
SOCL Portfolio Management
SOCL Tax Exposures
SOCL Fund Structure
SOCL Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of SOCL. SOCL is rated a 5 out of 5.
SOCL Economic Development
SOCL Performance Statistics
SOCL MSCI ESG Ratings
SOCL Benchmark Comparison Summary
SOCL Benchmark Comparison Market Cap Size