SNSR

Global X Funds Global X Internet of Things ETF

$36.18

+0.00%

Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The Global X Internet of Things ETF (SNSR) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global Internet of Things Thematic Index.

Overview

ETF tracking Global X Funds Global X Internet of Things ETF

Category International

Issuer Other

Inception Date 2016-09-13

Market Cap $201.9M

Average Volume N/A

Dividend Yield 0.64%

52-Week Range $27.45 - $40.07

VWAP $36.24

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund invests in companies that stand to potentially benefit from the broader adoption of the Internet of Things (IoT) technology and its industrial and commercial applications. This includes companies involved in the development of hardware, software, and infrastructure for the IoT ecosystem.

✨ Key Features

Provides exposure to companies involved in the Internet of Things technology and applications
Diversified across various IoT-related industries such as semiconductors, software, and hardware
Passively managed to track the Indxx Global Internet of Things Thematic Index
Low expense ratio of 0.00%

⚠️ Primary Risks

Concentration risk as the fund is focused on a specific theme (Internet of Things)
Potential volatility due to the emerging and rapidly evolving nature of the IoT industry
Dependence on the continued growth and adoption of IoT technology
Exposure to international markets and currency fluctuations

👤 Best For

This ETF may be suitable for investors seeking exposure to the long-term growth potential of the Internet of Things industry. It may be appropriate as a satellite holding in a diversified portfolio, as part of a thematic or technology allocation. Investors should have a higher risk tolerance and a longer-term investment horizon to accommodate the potential volatility of this sector.