Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

Best Thematic ETF For 2020: Cloud, Internet Of Things & More

Published 01/23/2020, 05:55 AM
Updated 07/09/2023, 06:31 AM

  • (1:15) - Global X Cloud Computing ETF: CLOU
  • (6:00) - Global X Internet of Things ETF: SNSR
  • (11:20) - Global X Video Games & Esports ETF: HERO
  • (15:45) - Global X U.S. Infrasturcture Development ETF: PAVE
  • (20:35) - Global X Thematic Growth ETF: GXTG
  • Podcast@Zacks.com

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 (NASDAQ:AMZN) and Microsoft (NASDAQ:MSFT) —the leaders in cloud computing—are included in the portfolio, the fund’s top holdings are pure-play cloud companies like Zscaler (NASDAQ:ZS) , Shopify (NYSE:SHOP) and Twilio (NYSE: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 Economist says 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 (SI:SNSR) holds companies that facilitate the IoT industry. Its top holdings include Skyworks (NASDAQ:SWKS) and DexCom (NASDAQ:DXCM) .

The Global X Video Games & Esports ETF (JK:HERO) invests in video game developers & publishers, hardware manufacturers, esports and streaming providers, and operators and owners of leagues. Nvidia (NASDAQ:NVDA) and Electronic Arts (NASDAQ: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 GlobalX to 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 >>



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

GLBL-X V&G&ES (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 Cloud Computing ETF (CLOU): ETF Research Reports

Global X U.S. Infrastructure Development ETF (PAVE): ETF Research Reports

Original post

Zacks Investment Research

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.