Social Media ETF Nears Year-End Breakout

Facebook and Twitter combine for 16.5% of SOCL’s weight with Mark Zuckerberg’s company being the ETF’s largest holding at 10.6%. LinkedIn (NYSE: LNKD), Sina (NasdaqGM: SINA), Yandex (NasdaqGM: YNDX) and Google (NasdaqGM: GOOG) are also among SOCL’s top-10 holdings, a group that represents roughly 63% of the fund’s weight.

SOCL has hauled in $91.6 million of its $113.6 million in assets under management this year. The fund celebrated its second anniversary in November.

Global X Social Media Index ETF

ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares of Facebook and Google.