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Global X Internet of Things UCITS ETF USD Accumulating

SN5R.XMUN
€0.00 (+ €0.00 + 0.00%)
Last updated: -
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Exchange
🇩🇪 Munich XMUN
Börse MünchenGermanyEurope/Berlin
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Beta1.0
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Next Earnings DateN/A
About the Company
Global X Internet of Things UCITS ETF USD Accumulating is an exchange-traded fund that seeks to track the Indxx Global Internet of Things Thematic Index. It provides exposure to companies positioned to benefit from the adoption of the Internet of Things, a network of interconnected devices and systems enabling data exchange across industries. The ETF holds a diversified portfolio of around 55 to 63 stocks, with significant weighting in information technology at approximately 66-67%, followed by industrials, consumer discretionary, health care, and communication services. Key sectors within the holdings include semiconductors and semiconductor equipment, technology hardware and equipment, and capital goods. Geographically, it emphasizes United States-based companies, alongside exposure to Switzerland and others. As an accumulating ETF domiciled in Ireland and launched in 2021, it reinvests dividends rather than distributing them, with all holdings denominated in USD and no currency hedging applied. Managed by Global X, this long-only, full replication fund targets the thematic growth potential of IoT innovations spanning multiple sectors without geographic restrictions.
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