- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 605 Third Avenue, 43rd Floor New York NY United States of America 10158
- IPO Date
- Aug 14, 2023
- Business
- Global X Funds - Global X PropTech ETF (PTEC) is an exchange-traded fund that provides targeted exposure to property technology (PropTech) companies positioned to benefit from innovations optimizing the buying, selling, renting, designing, constructing, managing, and marketing of residential and commercial properties. The fund tracks the Global X PropTech Index through a portfolio of approximately 30 holdings selected from global equity markets across multiple sectors, including information technology, communication services, consumer discretionary, real estate, industrials, financials, and materials; top holdings as of recent data include CoStar Group Inc. (approximately 9%), Zillow Group Inc. (8%), Guidewire Software Inc. (7%), KE Holdings Inc. (6%), and Airbnb Inc. (6%). It offers investors access to high-growth PropTech sub-segments such as property management software, online marketplaces and platforms, and virtual/augmented reality solutions for real estate, with a total expense ratio of 0.50%, semi-annual distributions, and assets under management of around $1.7 million.
Launched on April 11, 2023, and listed on NASDAQ, PTEC operates with primary exposure to the United States (62%), followed by Germany (11%), China (9%), Australia (7%), and the United Kingdom (5%), reflecting its unconstrained global approach to the PropTech theme.
Global X Funds, the issuer managed by Global X Management Company LLC, a subsidiary of Mirae Asset Global Investments since its 2018 acquisition, maintains headquarters in New York and oversees more than 100 thematic ETFs with over $60 billion in assets under management as of 2025.
In recent developments, Global X Funds has expanded its thematic lineup with launches including the AI Semiconductor & Quantum ETF (CHPX) in October 2025 to capture semiconductor innovations driving artificial intelligence, alongside other AI ecosystem funds like AIQ and BOTZ representing over $6 billion in assets; the firm also announced the liquidation of select low-asset ETFs in July 2025 to streamline its platform, which now exceeds $60 billion in AUM.