Global X Payments ETF (XPAY) is an exchange-traded fund designed to track the performance of global companies involved in the payments and digital financial infrastructure sector. The ETF is managed by Global X ETFs and trades under the ticker XPAY on Nasdaq.
Classified as an equity ETF with global exposure to the payments and financial technology sector, XPAY seeks to reflect, before fees and expenses, the performance of the companies included in its benchmark index.
The fund follows a passive management strategy, replicating the Indxx Global Payments Thematic Index, which consists of companies involved in electronic payments, transaction processing, digital financial infrastructure, and financial technology solutions.
Diversification and sector exposure
XPAY provides exposure to the global payments and digital financial services sector, including segments such as:
• Electronic payment systems
• Transaction processing
• Financial technology
• Digital financial services
• Payment infrastructure
• Online payment platforms
This composition reflects multiple segments of the global payments ecosystem, including both traditional and digital solutions.
Structure and costs
XPAY shares trade on the secondary market on Nasdaq during regular trading hours. Creation and redemption occur through authorized participants, helping maintain alignment between market price and net asset value.
The fund charges a management fee as outlined in its prospectus and does not apply a performance fee. XPAY may distribute income derived from dividends paid by companies held in the portfolio.
History and evolution of the ETF
The Global X Payments ETF was launched in 2024, during a period of global expansion in digital payments and increasing digitalization of financial services.
Since inception, the fund has reflected developments tied to the growth of fintech companies, expansion of digital wallets, and changes in consumer payment behavior.
In recent years, XPAY has reflected the evolution of digital financial infrastructure, the growth of online payment platforms, and increasing global adoption of digital financial solutions.
Additional Information
Global X Payments ETF (United States) is an exchange-traded fund (ETF), with assets under management totaling $148.85 Millions.
Over the past 12 months, Global X Payments ETF recorded a return of 22.45%, with its price trading between $47.47 and $56.18 during the same period.
The ETF is traded under the ticker XPAY.