ETF Evaluator:
Global X E-commerce ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Consumer Cyclical Over the Last Year
| 18.2% | Invesco S&P SmallCap Cnsmr Discret ETF (PSCD) |
| 16.5% | Invesco Dynamic Leisure and Entmnt ETF (PEJ) |
| 16.5% | AdvisorShares Hotel ETF (BEDZ) |
| 15.2% | State Street® SPDR® S&P® Retail ETF (XRT) |
| 12.3% | VanEck Retail ETF (RTH) |
Risk
Index
Risk
Index
ETF Details
Global X E-commerce ETF Overview
Global X E-commerce ETF (EBIZ) is a passively managed Sector Equity Consumer Cyclical exchange-traded fund (ETF). Global X Funds launched the ETF in 2018.
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive E-commerce Index.
The fund invests at least 80% of its total assets in the securities of the underlying index. The index is designed to provide exposure to exchange-listed companies that are positioned to benefit from the increased adoption of e-commerce as a distribution model, including but not limited to companies whose principal business is in operating e-commerce platforms, providing e-commerce software and services, and/or selling goods and services online. The fund is non-diversified.
About Global X E-commerce ETF (EBIZ)
There are 2 members of the management team with an average tenure of 7.55 years: Nam To (2018) and Wayne Xie (2019). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: MSCI ACWI NR USD index with a weighting of 100% and Solactive E-commerce NR USD index with a weighting of 100%. Global X E-commerce ETF has 41 securities in its portfolio. The top 10 holdings constitute 48.0% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Global X E-commerce ETF is part of the Equity global asset class and is within the Sector Equity ETF group. Global X E-commerce ETF has 46.3% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 53.7% There is 46.3% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Global X E-commerce ETF has 0.0% of the portfolio in cash.
Assets Under Management
The fund has $28 million in total assets, which is below the $1 billion average for the Consumer Cyclical category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
EBIZ Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Global X E-commerce ETF expense ratio is average compared to funds in the Consumer Cyclical category. Global X E-commerce ETF has an expense ratio of 0.50%, which is 18% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Global X E-commerce ETF has a portfolio turnover rate of 19%, which indicates that it holds its assets around / 0.1 years. By way of comparison, the average portfolio turnover is 41% for the Consumer Cyclical category.
Recently, in the month of July 2026, Global X E-commerce ETF returned 9.0%, which earned it a grade of A, as the Consumer Cyclical category had an average return of -0.2%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Global X E-commerce ETF has a trailing yield of 0.50%, which is below the 0.97% category average.
The fund normally distributes its income semi-annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Global X E-commerce ETF Grades
Year to date, the ETF has returned -6.9%, 7.0 percentage points worse than the category, which translates into a grade of F. The fund has returned -5.5% over the past year (grade of F), 13.6% over the past three years (grade of A) and -0.6% per year over the past five years (grade of D).
For more ETF grades, analysis and screening tools to help your investment discovery, join AAII for a $2, full-access trial. Learn more here: https://invest.aaii.com/membership.
Otherwise, for more information about Global X E-commerce ETF, including its riskiness, submit your email to unlock the rest of the article.
Gain access to exclusive AAII member-only content.
EBIZ Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| EBIZ Return (NAV) | 9.0% | 6.8% | -5.5% | 13.6% | -0.6% | na |
| EBIZ Return (Price) | 9.4% | 7.0% | -5.3% | 13.6% | -0.6% | na |
| NAV +/- Price Return | -0.353% | -0.160% | -0.207% | 0.055% | 0.012% | na |
| Consumer Cyclical Avg | -0.2% | 1.5% | 3.6% | 9.5% | 2.6% | 10.2% |
| EBIZ Grade (NAV) | A | A | F | A | D | na |
| +/- Category (NAV) | 9.2% | 5.3% | -9.1% | 4.2% | -3.2% | na |
| EBIZ Tax-Cost Ratio | na | na | 0.2% | 0.1% | 0.1% | na |
EBIZ Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| EBIZ Return (NAV) | -6.9% | 18.4% | 30.7% | 30.5% | -40.8% | -13.0% | 74.4% | 32.4% | na | na | na |
| EBIZ Return (Price) | -6.8% | 17.7% | 31.3% | 30.9% | -41.0% | -13.3% | 74.4% | 32.8% | na | na | na |
| NAV +/- Price Ret | -0.021% | -0.035% | 0.018% | 0.012% | 0.005% | 0.020% | -0.000% | 1.1% | na | na | na |
| Consumer Cyclical Avg | 0.0% | 8.1% | 17.0% | 30.5% | -30.4% | 17.0% | 38.6% | 26.9% | -8.6% | 25.0% | 5.1% |
| EBIZ Grade (NAV) | F | A | A | B | F | F | A | A | na | na | na |
| +/- Category | -7.0% | 10.3% | 13.7% | -0.0% | -10.4% | -30.1% | 35.7% | 5.5% | na | na | na |
| Risk Measures | |
| Beta: | 1.23 |
| R-Squared: | 48% |
| Standard Deviation: | 22.4% |
| Category Risk Index: | 1.11 |
| Category Risk Rating: | Above Average |
| Total Risk Index: | 1.83 |
| Total Risk Rating: | High |
| Portfolio Characteristics | |
| Yield: | 0.5% |
| Total Assets: | $ 28 Mil |
| Share Class Assets: | $ 28 Mil |
| Turnover: | 19.4% |
| Expense Ratio: | 0.50% |
| Index Fund: | Yes |
| Index Tracked: | MSCI ACWI NR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | |
| Income Distribution Frequency: | Semi-Annually |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 7.7 years | |||
| Average Tenure: 7.6 years | |||
| Managers (Year): To Nam (2018), Xie Wayne (2019) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 41 |
| % in Top 10 Holdings: | 48.0% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 46.3% |
Portfolio Allocation |
|
| Domestic Stock: | 53.7% |
| Foreign Stock: | 46.3% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.0% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Global X Funds |
| Phone Number: | 888-493-8631 |
| Website: | www.globalxfunds.com |
| Inception Date: | November 27, 2018 |
Expenses and Fees
| Expense Ratio (%): | 0.50% (Rating: Avg) |
| Category Average Expense Ratio (%): | 0.43% |
