Yahoo Finance Best Thematic ETFs for 2020: Cloud, Internet of Things & More
In this episode of ETF Spotlight, I speak with Jay Jacobs, Head of Research & Strategy at Global X. Global X is well known for its suite of 17 ETFs focused on disruptive growth trends.
Cloud is fast emerging as the new model of computing as many companies now prefer to rely on cloud based service providers for highly specialized computing services so that they can focus on their core businesses.
Cloud computing revenues soared 246% in the past decade, and are expected to grow by another 30% before 2023, according to Gartner.
The Global X Cloud Computing ETF CLOU, which made its debut in April last year, has already gathered about $468 million in assets. While Amazon AMZN and Microsoft MSFT—the leaders in cloud computing—are included in the portfolio, the fund’s top holdings are pure-play cloud companies like Zscaler ZS, Shopify SHOP and Twilio TWLO.
The Internet of Things (IoT) has received a lot of attention over the past few years, thanks mainly to the growing appetite for smart, connected devices. The Economistsays in a recent issue: “One forecast is that by 2035 the world will have a trillion connected computers, built into everything from food packaging to bridges and clothes.”
5G technology will enable handling massive data volumes at very high speeds from billions of connected devices and unlock the full potential of the IoT.
The Global X Internet Of Things ETF SNSR holds companies that facilitate the IoT industry. Its top holdings include Skyworks SWKS and DexCom DXCM.
The Global X Video Games & Esports ETF HERO invests in video game developers & publishers, hardware manufacturers, esports and streaming providers, and operators and owners of leagues. Nvidia NVDA and Electronic Arts EA are among the top holdings.
The Global X U.S. Infrastructure Development ETF PAVE could benefit from bipartisan support for investing in America’s infrastructure.
The Global X Thematic Growth ETF GXTG is a fund of funds that invests in a basket of individual thematic ETFs.
Please visit GlobalXto learn more about these ETFs. Make sure to be on the lookout for the next edition of the ETF Spotlight! If you have any comments or questions, please email podcast@zacks.com
Disclosure: I own CLOU and SNSR in the ETF Investor portfolio that I manage.
Want key ETF info delivered straight to your inbox?
Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >>
Click to get this free report Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Shopify Inc. (SHOP) : Free Stock Analysis Report Twilio Inc. (TWLO) : Free Stock Analysis Report Skyworks Solutions, Inc. (SWKS) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Global X Internet of Things ETF (SNSR): ETF Research Reports DexCom, Inc. (DXCM) : Free Stock Analysis Report Global X Video Games & Esports ETF (HERO): ETF Research Reports Electronic Arts Inc. (EA) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Zscaler, Inc. (ZS) : Free Stock Analysis Report Global X U.S. Infrastructure Development ETF (PAVE): ETF Research Reports GLBL-X THM GR (GXTG): ETF Research Reports Global X Cloud Computing ETF (CLOU): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research
