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Which ETF Has the Most Shopify?

Last updated on October 1, 2022 @ 11:56 pm

The most popular Shopify ETF is the iShares U.S. Consumer Services ETF (IYC), which has $1.46 billion in assets under management (AUM) and an expense ratio of 0.42%. The top holdings in IYC are Shopify Inc. (SHOP), Amazon.com, Inc. (AMZN), and The Walt Disney Company (DIS).

PRO TIP: Shopify (SHOP) is a Canadian e-commerce company headquartered in Ottawa, Ontario. It is also the name of its proprietary e-commerce platform for online stores and retail point-of-sale systems.

Shopify has been a publicly traded company on the Toronto Stock Exchange since May 2015. In September 2020, Shopify ranked first in Canada and fourth globally in the Deloitte Technology Fast 500, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences and energy tech companies in North America.

However, despite its impressive growth, Shopify is not without its risks. For one, the company is heavily reliant on small businesses for its revenue. This means that if there is a downturn in the economy or a shift in consumer spending habits, Shopify could be negatively impacted. Additionally, the company faces stiff competition from other e-commerce platforms such as Amazon and eBay.

The iShares U. Consumer Services ETF is the most popular Shopify ETF with $1.46 billion in assets under management and an expense ratio of 0., Amazon., and The Walt Disney Company.

Drew Clemente

Drew Clemente

Devops & Sysadmin engineer. I basically build infrastructure online.