Since the fund launched mid-2011 and has an expense ratio of 0.65 percent. During its first full year of trading, the fund slipped 0.37% on the year. In 2013, however, the fund surged nearly 64%. It’s down nearly 8 percent year-to-date, but sports an average annual return of more than 10 percent since inception.
The Bottom Line
SOCL offers investors access to one of the fastest growing markets in the tech space. While the fund may not be a “pure play” on the social media industry, it is a compelling choice for those looking to add exposure to this industry.
Daniela Pylypczak writes for ETFdb, which offers a comprehensive and original ETF database and analytical consulting services for advisors and investors, as well as a free newsletter. Learn more about their services by visiting ETFdb.com. Disclosure: the author had no positions in the securities named in this article at the time of writing.