FinTech platforms are helping banks digitize their operations. Global FinTech revenues are forecast to grow 4.7x from 2023 to 2030, to roughly $1.5T.1,2
Traditional financial services are being disrupted on a global scale, and e-wallets continue to gain share, especially in emerging markets.
FinTech companies have historically catered to the digital preferences of younger consumers, but they are increasingly competing on cost across more established industries like lending and insurance.
1Boston Consulting Group, Jun 2024
2Boston Consulting Group, May 2023
| Key Information |
| Trading Details |
| Distributions |
| Taxes |
| NAV | Daily Change | |||
| Market Price | Daily Change |
| Fund NAV | Market Price | Index | |
|---|---|---|---|
| Options Details |
| Net Assets (%) | Ticker | Name | SEDOL | Shares Held | Market Value |
|---|---|---|---|---|---|
| Exposure |
| ETF Characteristics |
| ETF Risk Stats |
| Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
|---|---|---|---|---|---|---|
| 8.40 | HOOD | ROBINHOOD MARKETS INC - A | BP0TQN6 | 112.73 | 131,484 | 14,822,191.32 |
| 7.02 | XYZ | BLOCK INC | BYNZGK1 | 78.83 | 157,227 | 12,394,204.41 |
| 5.72 | PYPL | PAYPAL HOLDINGS INC | BYW36M8 | 45.47 | 222,272 | 10,106,707.84 |
| 4.92 | FISV | FISERV INC | 2342034 | 52.33 | 165,864 | 8,679,663.12 |
| 4.83 | COIN | COINBASE GLOBAL INC -CLASS A | BMC9P69 | 165.48 | 51,478 | 8,518,579.44 |
| 4.49 | AFRM | AFFIRM HOLDINGS INC | BMF9NM8 | 84.58 | 93,800 | 7,933,604.00 |
| 4.23 | SOFI | SOFI TECHNOLOGIES INC | BM8J4C2 | 18.24 | 409,607 | 7,471,231.68 |
| 4.07 | ADYEN NA | ADYEN NV | BZ1HM42 | 978.37 | 7,343 | 7,184,191.56 |
| 4.01 | GPN | GLOBAL PAYMENTS INC | 2712013 | 78.63 | 89,943 | 7,072,218.09 |
| 3.72 | FIS | FIDELITY NATIONAL INFO SERVICES | 2769796 | 41.80 | 157,006 | 6,562,850.80 |
| NAV | $25.63 | Daily Change | $0.27 | 1.06% |
| Market Price | $25.57 | Daily Change | $0.24 | 0.95% |
| VERSUS | BETA |
|---|---|
| S&P 500 | 1.80 |
| NASDAQ-100 | 1.28 |
| MSCI EAFE | 0.97 |
| MSCI Emg. Mkts | 0.74 |
| Standard Deviation | 28.80% |
Source: AltaVista Research, LLC
| Return on Equity | 13.50% | |
| Weighted Avg. Market Cap | 24,384 M | |
| 2025 | 2026 | |
| Price-to-earnings | 19.67 | 16.71 |
| Price-to-book value | 2.30 | 2.02 |
Source: AltaVista Research, LLC
| Sector | Weight (%) | |
|---|---|---|
| Financials | 53.6 | |
| Information Technology | 45.0 | |
| Health Care | 1.4 |
Source: AltaVista Research, LLC
All Sector, Industry and Geographic breakdowns, where provided, are based on equity positions held by the ETF and exclude cash, currencies, and other holdings.
* The financial statements include the Fund’s disclosures required by Items 7 through 11 of Form N-CSR, which includes the financial statements, financial highlights, and other important information when applicable.
** The financial statements include the Fund’s disclosures required by Items 7 through 11 of Form N-CSR, which includes the financial statements, financial highlights, and other important information when applicable.