Facebook (NasdaqGM: FB) and Sina (NasdaqGM: SINA), the Twitter of China, are driving SOCL higher. Those stocks are up 6.5% and 5.2%, respectively to start 2014 and that is noteworthy because they combine for over 20% of SOCL’s weight.
Global X Social Media Index ETF
Tom Lydon’s clients own shares of Facebook.