Episode 526: Global X ETFs Pedro Palandrani on the Global X NYSE 100 ETF & NYSE 100 Index

Why It Matters

NYSX gives investors a single, low‑cost vehicle to capture diversified, cross‑sector innovation, filling a clear market gap as demand for targeted exposure rises.

Key Takeaways

• Global X launches NYSX, tracking NYSE 100 innovation index.
• Index includes top 100 tech‑enabled firms across all sectors.
• Multi‑factor selection uses valuation, liquidity, size, and growth metrics.
• ETF priced at low 9 bps expense, offering cost‑effective exposure.
• Product fills gap between broad market ETFs and narrow thematic funds.

Summary

The Inside the Ice House podcast announced the launch of Global X’s NYSX ETF, which tracks the NYSE 100 index created in partnership with ICE and the New York Stock Exchange. The fund debuted on March 26 under the ticker NYSX and aims to give investors a rules‑based, passive exposure to the most innovative U.S. companies.

NYSX targets the top 100 tech‑enabled growth firms listed on any major U.S. exchange. Selection follows a multi‑factor model—valuation, liquidity, size and growth—while the portfolio remains market‑cap weighted. At a 9‑basis‑point expense ratio, the ETF offers a low‑cost alternative to both broad market funds that dilute innovation exposure and narrow thematic ETFs that concentrate risk.

Palandrani highlighted examples such as Tesla, a consumer‑discretionary name that drives AI and robotics, and emerging sectors like space exploration and defense technology. He emphasized the partnership with ICE, NYSE and parent company Mirae Asset, noting that the collaboration leveraged decades of thematic‑ETF expertise to craft a unique benchmark.

For investors seeking targeted exposure to cross‑sector innovation, NYSX bridges the divide between overly broad index funds and highly concentrated thematic products. Its diversified yet focused composition and modest fee structure position it to capture growing demand for systematic, innovation‑centric allocation strategies.

Original Description

Global X ETFs’ Pedro Palandrani goes Inside the ICE House to discuss the launch of the Global X NYSE 100 ETF and how it redefines innovation investing. He explains how the fund expands beyond traditional tech classifications to capture tech-enabled leaders across multiple sectors and exchanges using a rules-based, multi-factor approach. Palandrani shares why growing demand for targeted, low-cost exposure made now the right time for NYSX and how it fits into the broader mission of delivering accessible innovation to investors.