FYI: In the middle of holiday shopping season, Global X Funds joins the segment of retail ETFs with the launch of the Global X E-commerce ETF (EBIZ).
The company is taking on the online retail growth theme with a passive strategy linked to the Solactive E-commerce Index. EBIZ is a global-in-scope portfolio focused on companies that benefit from e-commerce specifically, either as a platform or service provider, or as an online retailer itself.
The ETF is listed on the Nasdaq and costs 0.68% in expense ratio, or $68 per $10,000 invested.
Regards,
Ted
https://www.etf.com/sections/daily-etf-watch/new-e-commerce-etf-launches
