This New ETF by Global X Redefines What “Tech” Investing Looks Like

The Problem with “Tech” as a Sector

Traditional definitions of technology exposure are increasingly outdated.

While earlier benchmarks focused on hardware and software, innovation today extends far beyond those boundaries.

Some of the original players remain relevant, but technology now powers industries such as travel services, payment processing, social media, video games, and even space and satellite communications.

Despite this shift, classification systems like the Global Industry Classification Standard still rely on rigid sector definitions, often excluding companies that are fundamentally driven by technology.

The result is a growing disconnect between how portfolios are constructed and where innovation is actually happening.

Technology Is No Longer a Sector, It’s an Ecosystem

The NYSE® 100 Index is built on the idea that technology is no longer a standalone vertical, but an enabling layer across multiple sectors.

By design, the index brings together traditional technology companies alongside businesses in consumer, financial, and communication segments that are deeply powered by digital infrastructure. This allows a single benchmark to capture innovation across areas like online retail, digital payments, content platforms, and emerging technologies.

In doing so, the index aims to reflect the full spectrum of modern innovation, rather than limiting exposure to a narrow definition of “tech.”

Designed to Keep Up with Innovation

A key feature of the index is its ability to evolve alongside the market.

The NYSE® 100 Index is reconstituted quarterly, allowing it to incorporate new listings and fast-growing companies more quickly than traditional benchmarks. It also includes mechanisms to bring in large new entrants between rebalances when they meet specific criteria.

This structure is intended to ensure the index remains aligned with where innovation is happening in real time, rather than lagging behind it.

How NYSX Tracks the Opportunity

NYSX follows a passive indexing approach, investing at least 80% of its assets in the constituents of the NYSE® 100 Index.

Like many growth-oriented strategies, the ETF may hold a more concentrated set of companies, reflecting the reality that innovation and market leadership tend to cluster.

"Technology no longer lives inside a single sector or on a single exchange. It's the connective tissue of the modern economy, powering how people pay, shop, communicate, travel, and consume content. Yet many of the benchmarks investors rely on for technology exposure were designed for a different era, and haven't kept pace with how innovation actually shows up today. NYSX was built to close that gap,” said Pedro Palandrani, Head of Product Research & Development at Global X.

“By looking across all major U.S. exchanges and applying a modern sector framework, the NYSE 100 Index identifies the 100 companies we believe are most central to the technology-driven economy, from digital payments and online commerce to social platforms, streaming, space, and AI. For us, this is what intentional innovation exposure looks like in 2026 and beyond."

NYSX comes with an expense ratio of 0.09%, positioning it competitively for a broad-based growth strategy.

Please note this article is for information purposes only and does not in any way constitute investment advice. It is essential that you seek advice from a registered financial professional prior to making any investment decision.