Global X Internet of Things ETF

SNSR

Valor de mercado US$ 196 mi

Apple's smart home push could strengthen its IoT presence, but rich valuation makes Apple-focused ETFs a safer way to play the opportunity.

New Chinese AI Model Kimi K3 is raising questions for established players. Investors are questioning whether AI industry still has pricing power.

SNSR hits a 52-week high as strong gains in IoT and semiconductor holdings fuel momentum and raise hopes for further upside.

Investors seeking to tap the potential rally on tariff pause should invest in beaten-down tech ETFs.

Global X Internet of Things ETF has returned 140% since 2016, not counting the recent market decline; it struggles to outperform the broader market due to the 0.68% expense ratio. The ETF was well-positioned for outperformance in the past, benefiting during tech booms like the pandemic and the 2023 tech resurgence. Despite being 77% technology-centric, the ETF doesn't closely track mainstream AI technology, highlighting the niche nature of the Internet of Things segment.

Investors may want to pay close attention to the 5G Internet of Things (IoT) market. That's because, by 2030 it could be worth about $285.28 billion, according to Allied Market Research , up from about $1.45 billion in 2020.

Wall Street was in great shape on Monday, with the S&P 500 experiencing its largest three-day rally of the year.

By now, you've heard of the Internet of Things (IoT) — or the network of physical devices, vehicles and other things embedded with sensors, software and network connectivity, which allows them to collect and share data. That includes smart thermostats, smartwatches, vehicles and industrial machines to name a few.

In its latest report released last December, the Bureau of Economic Analysis (BEA) estimates that the digital economy now represents 10% of the total U.S. GDP, or $2.6 trillion.  The digital economy is also growing at an average annual growth rate of 7.1%.