Global X Unveils a New Tech Fund That Breaks Traditional Exchange Barriers

2026-03-27 companies

New York, Friday, 27 March 2026.
The newly launched NYSX fund redefines tech investing by tracking 100 innovative companies across multiple exchanges, offering broad market exposure with a highly competitive 0.09% expense ratio.

A Modern Approach to Innovation Exposure

On Thursday, March 26, 2026, Global X Management Company LLC officially launched the Global X NYSE 100 ETF, trading under the ticker symbol NYSX [3]. Designed to reflect the modern economy, the fund seeks to track the price and yield performance of the NYSE 100 Index before fees and expenses [2][3]. Rather than limiting its scope to a single exchange, NYSX casts a wider net by selecting the 100 largest and most innovative companies listed across multiple trading platforms, including the New York Stock Exchange, NYSE American, NYSE Arca, Nasdaq, and CBOE BZX [4]. This exchange-agnostic strategy allows the fund to capture businesses heavily involved in cloud computing, artificial intelligence, online commerce, and digital platforms [2].

Breaking Sector and Exchange Boundaries

The launch of NYSX represents a direct challenge to legacy tech-focused funds, most notably the Invesco QQQ Trust [4]. While QQQ restricts its holdings strictly to constituents listed on the Nasdaq exchange, NYSX deliberately removes this geographical and exchange-based constraint [4]. Pedro Palandrani, head of product research and development at Global X, noted that traditional index definitions of technology have failed to keep pace with how innovation actually occurs [4]. By targeting cross-sector and cross-exchange innovation, NYSX aims to eliminate the concentration risk inherent in Nasdaq-specific portfolios and offer deliberate exposure to real market disruptors [4].

Cost Efficiency and Institutional Backing

In addition to structural diversification, the Global X NYSE 100 ETF enters the market with a highly competitive pricing model. The fund features an expense ratio of just 0.09% [3][4]. This means the NYSX fee is exactly 50% of QQQ’s 0.18% expense ratio, offering a compelling cost advantage for both retail and institutional investors [4]. The ETF, identified by the CUSIP 37966B794, is backed by the substantial resources of Global X, which was founded in 2008 and currently manages $78.1 billion in assets [3]. Furthermore, Global X operates as a subsidiary of Mirae Asset Global Investments Co., Ltd., tying the new fund to the broader Mirae Asset Financial Group, which boasts an impressive $803 billion in assets under management [3][5].

Sources

Asset management Exchange-traded funds