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TECH
Morningstar Global Technology ETF
The Global X Morningstar Global Technology ETF (TECH) seeks to invest in companies positioned to benefit from the increased adoption of technology, including companies whose principal business is in offering computing Software-as-a-Service (SaaS), Platform-as-a-Service (PaaS), Infrastructure-as-a-Service (IaaS), and/or cloud and edge computing infrastructure and hardware.
Assets Under Management
$358+ MIL
Management Fees & Costs
0.45% p.a
Inception Date
07 Apr 2017
Reasons to consider
High Growth Potential
Every day, 2.5 quintillion bytes of data & 2.5 billion strands of information are created by our online activities, from cloud-based gaming to e-commerce and beyond.1
Structural Tailwinds
The realm of internet-enabled devices continues to expand to new categories, allowing manufacturers to monitor and service products via software upgrades.
Unconstrained Approach
Technology spans multiple segments, and the most innovative companies include both household names and newcomers from around the world.
1 (Exploding Topics, 2023) https://explodingtopics.com/blog/big-data-stats
Fund Overview
Fund Objective
The Global X Morningstar Global Technology ETF (TECH) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Morningstar Developed Markets Technology Moat Focus Index.
Fund Information
Date as of 30 May 2025Inception date
07/04/2017
Management Fees & Costs (%p.a.)
0.45
Currency Hedged
No
Domicile
Australia
Legal Form
Managed Investment Scheme
SMSF Eligible
Yes
Nav Information
Date as of 30 May 2025Nav/Unit (A$)
111.09100000
Currency (NAV)
AUD
Shares Outstanding
3,230,957
Assets Under Management (A$)
358,930,345.9
Nav History
Distributions
Date as of 30 April 202512-Month Yield
6.88%
12-Month Franking Level
0.00%
Distribution Frequency
Semi-Annually
Distribution History
Trading Details
Ticker
TECH
Bloomberg Code
TECH AU Equity
ISIN
AU00000TECH1
Trading Hours
10:00AM – 4:00PM
Management & Administration
Issuer
Global X Management (AUS) Limited
Custodian
The Hongkong and Shanghai Banking Corporation Limited, Sydney Branch
Registrar
Computershare Investor Services Pty Limited
Benchmark Information
Benchmark
Morningstar Developed Markets Technology Moat Focus Index
Provider
Morningstar Australasia Pty Ltd
Ticker
MSDITMNU
Performance
Past performance is not a reliable indicator of future performance.
Performance History
Returns (%)
Data as of 30 May 2025
1m | 3m | 1y | 3y p.a. | 5y p.a. | 10y p.a. | Since Inception p.a. | |
|---|---|---|---|---|---|---|---|
Total Return (Fund) | 9.01 | -4.37 | 19.63 | 14.57 | 12.37 | -- | 17.36 |
Total Return (Benchmark) | 9.06 | -4.26 | 20.24 | 15.17 | 12.94 | -- | 17.81 |
Tracking Difference | -0.05 | -0.11 | -0.60 | -0.60 | -0.57 | -- | -0.45 |
Tracking Error | 0.01 | 0.04 | 0.06 | 0.18 | 0.32 | -- | 0.28 |
Holdings & Characteristics
Top Holdings
Data as of 02 Jun 2025
Net Assets (%) | Name | SEDOL | Market Price (Local) | Shares Held | Market Value (A$) |
|---|---|---|---|---|---|
4.61 | ADYEN NV | BZ1HM42 | 1689.6 | 5,547 | 16,532,985 |
4.51 | SONY GROUP CORP | 6821506 | 3810 | 394,500 | 16,185,958 |
4.37 | MICROSOFT CORP | 2588173 | 460.36 | 21,917 | 15,678,207 |
4.29 | MONOLITHIC POWER | B01Z7J1 | 661.9 | 14,963 | 15,389,651 |
3.93 | VONTIER CORP | BH4GV32 | 35.75 | 253,801 | 14,098,960 |
3.65 | SENSATA TECHNOLO | BFMBMT8 | 26.06 | 323,449 | 13,097,787 |
3.61 | LITTELFUSE INC | 2531832 | 205.06 | 40,638 | 12,948,844 |
3.57 | NXP SEMICONDUCTO | B505PN7 | 191.13 | 43,181 | 12,824,465 |
3.06 | TERADYNE INC | 2884183 | 78.6 | 90,003 | 10,992,519 |
2.85 | UBER TECHNOLOGIE | BK6N347 | 84.16 | 78,242 | 10,232,067 |
2.79 | ZSCALER INC | BZ00V34 | 275.7 | 23,386 | 10,018,678 |
2.67 | NORDIC SEMICOND | B00ZG06 | 125.1 | 504,614 | 9,600,736 |
2.41 | WISETECH GLOBAL | BZ8GX83 | 107.15 | 80,742 | 8,651,505 |
2.33 | TRADE DESK INC-A | BD8FDD1 | 75.22 | 71,635 | 8,372,908 |
2.24 | CADENCE DESIGN | 2302232 | 287.07 | 18,027 | 8,041,350 |
2.18 | FIDELITY NATIONA | 2769796 | 79.61 | 63,306 | 7,831,234 |
2.18 | SS&C TECHNOLOGIE | B58YSC6 | 80.56 | 62,440 | 7,816,279 |
2.16 | COGNIZANT TECH-A | 2257019 | 80.99 | 61,596 | 7,751,783 |
2.13 | ASML HOLDING NV | B929F46 | 653.9 | 6,641 | 7,660,446 |
2.09 | ASM INTL NV | 5165294 | 479.6 | 8,847 | 7,484,873 |
2.07 | SHOPIFY INC - A | BX865C7 | 146.64 | 44,727 | 7,412,301 |
2.07 | LAM RESEARCH | BSML4N7 | 80.79 | 59,065 | 7,414,904 |
2.06 | BLOCK INC | BYNZGK1 | 61.75 | 77,146 | 7,402,324 |
2.05 | DYNATRACE INC | BJV2RD9 | 54.01 | 87,616 | 7,353,182 |
2.03 | LYFT INC-A | BJT1RW7 | 15.24 | 307,994 | 7,293,650 |
1.99 | TDK CORP | 6869302 | 1600 | 414,500 | 7,141,854 |
1.94 | ZEBRA TECH CORP | 2989356 | 289.77 | 15,447 | 6,955,290 |
1.94 | ZOOM COMMUNICATI | BGSP7M9 | 81.25 | 55,108 | 6,957,540 |
1.92 | TYLER TECHNOLOG | 2909644 | 576.99 | 7,672 | 6,878,513 |
1.91 | WORKDAY INC-A | B8K6ZD1 | 247.71 | 17,845 | 6,868,751 |
1.9 | INFINEON TECH | 5889505 | 34.275 | 112,682 | 6,813,045 |
1.9 | QUALCOMM INC | 2714923 | 145.2 | 30,241 | 6,823,080 |
1.89 | APPLIED MATERIAL | 2046552 | 156.75 | 27,798 | 6,770,782 |
1.88 | FORTIVE CORP | BYT3MK1 | 70.19 | 61,892 | 6,750,368 |
1.71 | ADV MICRO DEVICE | 2007849 | 110.73 | 35,583 | 6,122,454 |
1.61 | MARVELL TECHNOLO | BNKJSM5 | 60.19 | 61,738 | 5,774,237 |
1.57 | OMRON CORP | 6659428 | 3745 | 140,000 | 5,646,070 |
1.57 | MURATA MFG CO | 6610403 | 2132 | 245,700 | 5,641,035 |
1.49 | RENESAS ELECTRON | 6635677 | 1783 | 278,500 | 5,347,404 |
1.43 | ASMPT LTD | 6002453 | 52.9 | 488,800 | 5,123,924 |
1.29 | ON SEMICONDUCTOR | 2583576 | 42.02 | 70,990 | 4,635,226 |
Sector Breakdown
Data as of 02 Jun 2025
Chart Categories
Weight
Information Technology
71.57%
Industrials
12.59%
Financials
8.85%
Consumer Discretionary
4.51%
Communication Services
2.33%
Portfolio weights do may not add up to 100% as the cash component is excluded.