What this ETF is trying to do

The Global X E-Commerce ETF (EBIZ) focuses on companies involved in online shopping and digital commerce. It holds a variety of businesses that help people buy and sell goods and services over the internet.

Top Holdings

As of October 7, 2026, the fund holds 41 different assets. Because the list is partial, we only see the largest holdings. Some of the top companies include:

• Shopify Inc: 5.09%

• Allegro.eu SA: 4.75%

• GoDaddy Inc: 4.44%

• Williams-Sonoma Inc: 4.34%

• Expedia Group Inc: 4.19%

• Amazon.com Inc: 4.15%

What the numbers show

The current price of the ETF is $28.98. To understand how the price has changed, we can look at the price return (which tracks only the share price) and the total return (which includes distributions).

• Year-to-Date (YTD): The price return is -10.81%, and the total return is -10.55%.

• One Year: The price return is -16.23%, and the total return is -15.80%.

• Three Years: The price return is 62.05%, and the total return is 63.84%.

For a simple example, if you had invested $10,000 based on the estimated price from roughly one year ago ($34.59), the price-only decline of 16.23% would mean your investment's market value would be roughly $8,377 today.

Income and distribution explanation

This ETF pays out cash to investors, known as distributions. The distribution yield is 0.52%. Over the last 12 months, it has made two payouts. These payments happen on an irregular or less frequent basis.

It is important for beginners to remember that a distribution yield is not the same as a total return. A yield tells you how much cash you receive relative to the price, but it does not guarantee that your original investment (the principal) will stay the same or grow.

NAV erosion explanation

"NAV erosion" happens when the underlying value of a fund's assets declines over time. StockValueFinder uses an erosion-risk score to measure this. EBIZ has an erosion score of 55, which is labeled as "Moderate price erosion." While there is a moderate risk, the severe erosion-risk flag is currently false.

Pros

• The fund has shown strong growth over a longer period, with a three-year total return of 63.84%.

• It provides exposure to many well-known global e-commerce brands.

Cons

• The fund has seen a share-price decline over the last year and so far this year.

• The distribution yield is relatively low.

Beginner takeaway

EBIZ allows investors to own a piece of many online businesses. While it has grown significantly over three years, it has struggled over the last 12 months. Investors should look at both the price return and the total return to see the full picture, rather than looking at the distribution yield alone.