SOCL
Closed
Global X Social Media Etf
53.58
+0.15 (+0.28%)
Last Update: 01 Jul 2025 23:15:00
Yesterday: 53.43
Day's Range: 52.94 - 54.29
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When Written:
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The Global X Social Media ETF (SOCL) is an exchange-traded fund that tracks the performance of companies engaged in social media and social networking. The ETF invests in companies that derive at least 50% of their revenues from social media platforms, such as Facebook, Twitter, and Tencent Holdings.
SOCL was launched in November 2011 and has since grown to hold over $500 million in assets under management. The ETF is designed to provide investors with exposure to the rapidly growing social media industry, which has become an integral part of modern communication and marketing.
The ETF is diversified across a range of companies and geographies, with the majority of holdings in the United States, followed by China and Japan. The top holdings of the ETF include Facebook, Tencent Holdings, Twitter, Snap Inc., and Alphabet.
SOCL has a relatively high expense ratio of 0.65%, which is higher than the average expense ratio for ETFs. However, the ETF has performed well in recent years, returning over 50% in 2020 and over 20% in 2019.
Investors should be aware that the social media industry is subject to rapid change and evolving regulations, which could impact the performance of the ETF. Additionally, the ETF may be more volatile than other ETFs due to its focus on a single industry.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
SOCL was launched in November 2011 and has since grown to hold over $500 million in assets under management. The ETF is designed to provide investors with exposure to the rapidly growing social media industry, which has become an integral part of modern communication and marketing.
The ETF is diversified across a range of companies and geographies, with the majority of holdings in the United States, followed by China and Japan. The top holdings of the ETF include Facebook, Tencent Holdings, Twitter, Snap Inc., and Alphabet.
SOCL has a relatively high expense ratio of 0.65%, which is higher than the average expense ratio for ETFs. However, the ETF has performed well in recent years, returning over 50% in 2020 and over 20% in 2019.
Investors should be aware that the social media industry is subject to rapid change and evolving regulations, which could impact the performance of the ETF. Additionally, the ETF may be more volatile than other ETFs due to its focus on a single industry.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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