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EBIZ vs ONLN

Global X E-commerce ETF

EBIZBNasdaq

ProShares Online Retail ETF

ONLNBNYSE Arca

Overlap

Expense ratio

EBIZ −0.08pt a year

EBIZ0.50%ONLN0.58%

Avg volume · 30D

ONLN 1.6×the volume

EBIZ3.16KONLN4.92K

5Y return · a year

EBIZ +2.1pt

EBIZ−1.3%ONLN−3.4%

EBIZ vs ONLN Performance

Oct 29, 2021 – Oct 30, 2026

−6.1%EBIZ−15.9%ONLN

Oct 29, 2021 to Oct 30, 2026. EBIZ −6.1%. ONLN −15.9%. Use the arrow keys to read each point.−60%−40%Oct 2021Apr 2024Oct 2026
Expense ratio
EBIZ 0.50%, better
ONLN 0.58%
Fund size
EBIZ $26M
ONLN $58M
1Y total return
EBIZ −13.8%
ONLN −5.4%, better
Yield (12M)
EBIZ 0.53%, better
ONLN 0.30%
Holdings
EBIZ 41
ONLN 22
Avg volume (30D)
EBIZ 3.16K sh
ONLN 4.92K sh, better
NAV per share
EBIZ $28.86
ONLN $56.64
52W range

ETF.net Grade

EBIZ: Cost 76, Risk 63, Mission not scored, Tradability 28, Holdings 66, Durability 41. ONLN: Cost 60, Risk 64, Mission not scored, Tradability 62, Holdings 25, Durability 60.
Pillar letters and Scores for EBIZ, ONLN, with each pillar’s weight
PillarEBIZONLN
Cost30% weightA76HigherB60
Mission25% weightNot scoredNot scored
Risk15% weightB63B64Higher
Tradability15% weightD28B62Higher
Holdings10% weightB66HigherD25
Durability5% weightC41B60Higher

Rank among E-Commerce funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. EBIZ and ONLN are both graded against the same 9 E-Commerce funds, so their Grades compare head to head.

E-Commerce⁠

Category · 9 funds
See all 9 ›

EBIZ ranks 2nd and ONLN 5th of 9 funds in the E-Commerce Category.

  1. Rank 1BOGIGALPS O'Shares Global Internet Giants ETFScore 69
  2. Rank 2BEBIZGlobal X E-commerce ETFScore 60
  3. Rank 3BBUYZFranklin Disruptive Commerce ETFScore 58
  4. Rank 4BIBUYAmplify Online Retail ETFScore 57
  5. Rank 5BONLNProShares Online Retail ETFScore 56
  6. Rank 6CISHPFirst Trust S-Network E-Commerce ETFScore 53

Our read on each fund

ETF.net Research

EBIZBGlobal X E-commerce ETF

ONLNBProShares Online Retail ETF

In short

EBIZ EBIZ owns the whole e-commerce stack: the platforms, the software behind the checkout button, and the companies selling through it. Roughly 40 names, priced under the typical fee in its corner of the market.

ONLN The internet's storefronts in one ticker: a global, index-tracked basket of retailers whose business runs through the checkout page rather than the mall. Live since 2018, and priced under the typical e-commerce fund.

Stated mandate

EBIZ The fund invests in companies positioned to benefit from wider e-commerce adoption, including businesses operating e-commerce platforms, providing related software or services, or selling goods and services online.

ONLN ONLN invests in a global portfolio of companies focused on the rising e-commerce theme.

Why people hold it

  • EBIZ At 0.50% a year it comes in under its e-commerce cohort's median fee, and below peers like IBUY (0.65%) and ONLN (0.58%).
  • The mandate reaches past online retailers to platform operators and the software and services running the transactions.globalxetfs.com
  • About 40 holdings keeps the theme undiluted: this isn't a broad tech index wearing an e-commerce label.
  • Trading since 2018, and one of the stronger implementations in its e-commerce peer group.
  • ONLN Charges 0.58% a year, below the median fee in its e-commerce peer group and under IBUY's 0.65%.
  • Pure-play mandate: tracks the ProShares Online Retail Index, a global set of companies built around the e-commerce theme, not a broad tech grab bag.
  • One of the earlier funds in the space, trading since 2018, and it grades in the upper half of its 11-fund e-commerce cohort.
  • Pays distributions on a quarterly schedule.

Worth knowing

  • EBIZ Small and thinly traded, which usually means wider bid-ask spreads and more slippage on larger orders.
  • Distributions arrive once or twice a year, so the payout is a trickle rather than a stream.
  • One theme, about 40 names: sector swings and single-stock stumbles land harder here than in a diversified fund.
  • ONLN A focused basket tied to one theme, so a few large holdings can steer results in either direction.
  • Trades lightly next to the giants of thematic investing, and it is a smaller fund by assets. Limit orders are the sane way in and out.
  • Cheaper shelf-mates exist in the same cohort, including OGIG at 0.48% and EBIZ at 0.50%, though they define the theme differently.

Full EBIZ profile⁠

Full ONLN profile⁠

EBIZ vs ONLN Holdings

As of
How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

EBIZ vs ONLN Cost

Overpaying ONLN vs EBIZ

$1,474

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • EBIZ 0.50%

    $9,979

  • ONLN 0.58%

    $11,453

$10,000
30 years

Cost over time

  • EBIZ 0.50%
  • ONLN 0.58%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530ONLN $11,453EBIZ $9,979

Year by year

YearEBIZONLNOverpaying
10$900$1,041$141
20$3,460$3,986$526
30$9,979$11,453$1,474

Expense ratio

  • 0.50%EBIZ, cheaper
  • 0.58%ONLN
  • Middle half of E-Commerce funds
  • Median 0.60%

EBIZ 2nd cheapest of 9 funds

ONLN 4th cheapest of 9 funds

EBIZ vs ONLN Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
EBIZ 0.53%, better
ONLN 0.30%
Payout (12M)
EBIZ $0.15
ONLN $0.17
Last payment
EBIZ $0.08
ONLN $0.05
Ex-dividend
EBIZ Jun 29, 2026
ONLN Jun 24, 2026
Paid on
EBIZ Jul 7, 2026
ONLN Jun 30, 2026
Frequency
EBIZ Twice a year
ONLN Quarterly

Distribution history

Per share, 2019 to 2026, same scale for both

EBIZTwice a year · 9 paymentsAll EBIZ payments⁠
One bar per payment. 9 payments from 2019 to 2026 YTD. Dec 30, 2019 $0.03; Dec 30, 2020 $0.27; Dec 30, 2021 $0.16; Dec 29, 2022 $0.02; Jun 27, 2024 $0.06; Dec 30, 2024 $0.0077; Jun 27, 2025 $0.10; Dec 30, 2025 $0.07; Jun 29, 2026 $0.08. Use the arrow keys to read each point.$0$0.50202020232026YTD
ONLNQuarterly · 10 paymentsAll ONLN payments⁠
One bar per payment. 10 payments from 2019 to 2026 YTD. Sep 23, 2020 $0.37; Dec 23, 2020 $0.57; Mar 20, 2024 $0.05; Jun 26, 2024 $0.05; Dec 23, 2024 $0.24; Mar 26, 2025 $0.06; Jun 25, 2025 $0.07; Dec 24, 2025 $0.05; Mar 25, 2026 $0.07; Jun 24, 2026 $0.05. Use the arrow keys to read each point.$0$0.50202020232026YTD

EBIZ vs ONLN Risk

Fall from peak · 5 years

  • EBIZ
  • ONLN
Oct 29, 2021 to Oct 30, 2026. Worst fall: ONLN −63.6% · Nov 2022. Use the arrow keys to read each point.−60%−40%−20%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
EBIZ 21.5%, betterONLN 24.2%
Return per unit of riskSharpe ratio, 3 years
EBIZ 0.74ONLN 0.85, better
Worst fallMax drawdown, 5 years
EBIZ −55.8%, betterONLN −63.6%
Market sensitivityBeta, 5 years
EBIZ 1.21ONLN 1.38

EBIZ and ONLN in the news

All news⁠

Popular comparisons

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    Global X E-commerce ETF · ALPS O'Shares Global Internet Giants ETF

    Expense ratio
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    Category
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