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Data as of .

FMQQ vs SOCL: which is really different?

FMQQ and SOCL hold 5% of their weight in the same names, and FMQQ returned more over the year.

FMQQ The Next Frontier Internet ETF and Global X Social Media ETF.

0.0%FMQQ in the S&P 500
16.4%SOCL in the S&P 500
−21.2%FMQQ total return, 1 year
−30.4%SOCL total return, 1 year

ETFIQ Off-Index Score: FMQQ scores higher

How much of it is not the index it is sold as an alternative to?

FMQQ 91.8SOCL 31.30.1, the lowest in this set91.8, the highest

A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed

FMQQ100% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 64% of the fund · 38 holdings filed May 31, 2026 · Nasdaq-100: 8% in0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 64% of the fund
SOCL84% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
16%84%in the S&P 500of its weight outside the S&P 500active share 95% · top ten 69% of the fund · 50 holdings filed Sep 18, 2026 · Nasdaq-100: 16% in16%84%inof its weight outside the S&P 500active share 95% · top ten 69% of the fund

5% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, FMQQ and SOCL hold 5% of their money in the same securities at the same weight.

Positions FMQQ and SOCL both hold, largest shared weight first
HoldingFMQQSOCL
Kakao Corp.1.36%3.46%
Only in each
Only in FMQQOnly in SOCL
BAJAJ FINANCE LIMITED 8.21%META PLATFORMS INC 10.89%
MercadoLibre, Inc. 8.13%NAVER CORP 9.58%
RELIANCE INDUSTRIES LIMITED 7.90%REDDIT INC-CL A 9.51%
Eternal Ltd 7.83%TENCENT HOLDINGS LTD 8.95%
Nu Holdings Ltd. 7.49%ALPHABET INC-CL A 5.47%
SEA LIMITED 6.47%KUAISHOU TECHNOLOGY 5.20%
Joint Stock Company Kaspi.kz 6.43%NETEASE INC-ADR 5.17%
GRAB HOLDINGS LIMITED 3.96%SPOTIFY TECHNOLOGY SA 5.04%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026 and Sep 18, 2026.

Performance, window by window

FMQQ and SOCL over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
FMQQSOCLFMQQSOCLFMQQSOCL
3 months+5.7%−3.6%+3.4 pts−5.8 pts+8.2 pts−1.1 pts
6 months+11.2%−1.7%−6.8 pts−19.7 pts−13.0 pts−25.9 pts
1 year−21.2%−30.4%−37.8 pts−46.9 pts−43.0 pts−52.1 pts
3 years+16.0%+18.2%−62.4 pts−60.2 pts−82.2 pts−80.0 pts
Since launch−50.2%+204.7%−138.0 pts−480.5 pts−156.5 pts−1106.8 pts
Open the live comparison on ETFIQ
FMQQ and SOCL on the same fields, as of Sep 18, 2026. Source: ETFIQ.
FMQQ
FMQQ The Next Frontier Internet ETF
Holds 38 stocks in internet and e-commerce, 0% of its weight in S&P 500 companies
SOCL
Global X Social Media ETF
Holds 50 stocks in internet and e-commerce, 16% of its weight in S&P 500 companies
IssuerEMQQ GlobalGlobal X
ThemeInternet and e-commerceInternet and e-commerce
In the S&P 5000.0%16.4%
Active share vs the S&P 500100.0%94.8%
In the Nasdaq-1008.1%16.4%
Holdings3850
Top ten, share of the fund63.7%69.3%
Expense ratio0.86%0.65%
Fee for the differing part0.86%0.69%
Total return, 1 year−21.2%−30.4%
vs the S&P 500−37.8 pts−46.9 pts
vs the Nasdaq-100−43.0 pts−52.1 pts
Below its high−51.8%−43.4%
Net assets$20m$89m

FMQQ in plain words

By weight, 0% of FMQQ's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 64% of the fund across 38 positions, as filed for May 31, 2026. Over the year to Sep 18, 2026 the fund returned −21.2% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 37.8 pts. It sits 51.8% below its all-time high of Oct 19, 2021.

SOCL in plain words

By weight, 16% of SOCL's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 95%. The top ten holdings are 69% of the fund across 50 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned −30.4% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 46.9 pts. It sits 43.4% below its all-time high of Feb 16, 2021.

Questions people ask

Do FMQQ and SOCL hold the same stocks?
By their latest filings, 5% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, FMQQ or SOCL?
FMQQ has 0% of its weight in S&P 500 names and SOCL has 16%, so FMQQ differs more from the index.
Which is cheaper, FMQQ or SOCL?
FMQQ charges 0.86% a year and SOCL charges 0.65%, so SOCL is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

FMQQ against SOCL, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, FMQQ against SOCL, data as of Sep 18, 2026. https://etfiq.com/compare/themes/fmqq-vs-socl Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources