Facebook Tumbles Post Q4 Results: What's In Store For ETFs?

Global X Social Media Index ETF (SOCL - Free Report)

This is a pure-play ETF in the global social media space and has amassed $133.3 million in its asset base. It tracks the Solactive Social Media Total Return Index, holding 42 securities in the basket. Of these firms, Facebook takes the top spot, making up for 10.4% of assets. The ETF charges 0.65% in annual fees and sees moderate trading volumes of roughly 16,000 shares a day. The fund has a Zacks ETF Rank #3 with a High risk outlook.

MicroSectors FANG+ ETN (FNGS - Free Report)

This ETN is linked to the performance of the NYSE FANG+ Index, which is an equal dollar weighted index, designed to provide exposure to a group of highly-traded growth stocks of next-generation technology and tech-enabled companies. It holds 10 stocks in its basket in equal proportion with Facebook share coming in at 10%. The product has accumulated $35.4 million in its asset base within three months of debut and charges 58 bps in annual fees. It trades in a meager volume of 3,000 shares a day on average.

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