Global X Internet of Things ETF
ETF
SNSR
Price as of:
$34.56
- $0.54
- 1.54%
Primary Theme
fund company
Name
As of 11/15/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
-1.9%
1 yr return
10.6%
3 Yr Avg Return
-4.4%
5 Yr Avg Return
9.4%
Net Assets
$286 M
Holdings in Top 10
43.4%
52 WEEK LOW AND HIGH
$35.1
$31.61
$38.49
Expenses
OPERATING FEES
Expense Ratio 0.68%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 11/15/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
SNSR - Profile
Distributions
- YTD Total Return -1.9%
- 3 Yr Annualized Total Return -4.4%
- 5 Yr Annualized Total Return 9.4%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.37%
- Dividend Yield 0.4%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameGlobal X Internet of Things ETF
-
Fund Family NameGlobal X Funds
-
Inception DateSep 12, 2016
-
Shares Outstanding11558614
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerNam To
Fund Description
The Fund invests at least 80% of its total assets in the securities of the Indxx Global Internet of Things Thematic Index ("Underlying Index"). The Fund's 80% investment policy is non-fundamental and requires 60 days prior written notice to shareholders before it can be changed. The Fund may lend securities representing up to one-third of the value of the Fund’s total assets (including the value of the collateral received).
The Underlying Index is designed to provide exposure to exchange-listed companies in developed markets that facilitate the Internet of Things industry, including companies involved in wearable technology, home automation, connected automotive technology, sensors, networking infrastructure/software, smart metering and energy control devices (collectively, "Internet of Things Companies"), as defined by Indxx, LLC, the provider of the Underlying Index ("Index Provider"). The Internet of Things refers to the network of physical objects (such as electronic devices, wearables, connected vehicles, infrastructure, equipment, smart home appliances, buildings) that are connected to the internet. Such objects often utilize embedded semiconductors, sensors, and software to collect, analyze, receive, and transfer data via networks enabled by technologies such as WiFi, 4G and 5G telecommunications infrastructure, and fiber optics.
The eligible universe of the Underlying Index includes among the most liquid and investable companies in accordance with the standard market capitalization and liquidity criteria associated with developed markets, as defined by the Index Provider. As of January 31, 2024, companies must have a minimum market capitalization of $300 million and a minimum average daily turnover for the last 6 months (or since the IPO launch date for Significant IPOs as defined by the Index Provider or 3 months,
in the case of other IPOs) greater than or equal to $2 million in order to be eligible for inclusion in the Underlying Index. As of January 31, 2024, components from the following countries were eligible for inclusion in the Underlying Index: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, Netherlands, New Zealand, Norway, Poland, Portugal, Singapore, South Korea, Spain, Sweden, Switzerland, Taiwan, the United Kingdom and the United States.
From the eligible universe, the Index Provider identifies Internet of Things Companies by applying a proprietary analysis that consists of two primary components: theme identification and company analysis. As part of the theme identification process, the Index Provider analyzes industry reports, investment research and consumer data related to the Internet of Things industry in order to establish the themes that are expected to provide the most exposure to the growth of the Internet of Things industry. As of January 31, 2024, the Index Provider has identified the following four Internet of Things themes: (1) Consumer Internet of Things Technology, (2) Equipment, Vehicle, and Infrastructure/Building Technology, (3) Semiconductors and Sensors and (4) Networking Infrastructure/Software (collectively, "Internet of Things Themes"). In order to be included in the Underlying Index, a company must be identified as having significant exposure to these Internet of Things Themes, as determined by the Index Provider. In the second step of the process, companies are analyzed based on two primary criteria: revenue exposure and primary business operations. A company is deemed to have significant exposure to the Internet of Things Themes if (i) according to a public filing, it derives a significant portion of its revenue from the Internet of Things Themes, or (ii) it has stated its primary business to be in products and services focused on the Internet of Things Themes, as determined by the Index Provider. In addition, companies with more diversified revenue streams may also be included in the Underlying Index if they meet the following criteria: (1) identified as being critical to the Internet of Things ecosystem due to scale in certain Internet of Things technologies and services, (2) have a distinct business unit focused on Internet of Things products and services, and (3) have a core competency that is expected to benefit from increased adoption of Internet of Things, as determined by the Index Provider. Companies that meet these criteria are eligible for inclusion in the Underlying Index with a weighting cap of 2%. Accordingly, the Fund assets will be concentrated (that is, it will hold 25% or more of its total assets) in companies that provide products and services that provide exposure to Internet of Things Themes.
The Underlying Index is weighted according to a modified capitalization weighting methodology and is reconstituted and rebalanced annually. At the annual rebalance, a capping methodology is applied to reduce concentration in individual securities and increase diversification of the Underlying Index. The Underlying Index may include large-, mid- or small-capitalization companies, and components primarily include industrials and information technology companies. The Fund's investment objective and Underlying Index may be changed without shareholder approval.
The Underlying Index is sponsored by the Index Provider, which is an organization that is independent of, and unaffiliated with, the Fund and Global X Management Company LLC, the investment adviser for the Fund ("Adviser"). The Index Provider determines the relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.
The Adviser uses a "passive" or indexing approach to try to achieve the Fund's investment objective. Unlike many investment companies, the Fund does not try to outperform the Underlying Index and does not seek temporary defensive positions when markets decline or appear overvalued.
The Fund generally will use a replication strategy. A replication strategy is an indexing strategy that involves investing in the securities of the Underlying Index in approximately the same proportions as in the Underlying Index. However, the Fund may utilize a representative sampling strategy with respect to the Underlying Index when a replication strategy might be detrimental or disadvantageous to shareholders, such as when there are practical difficulties or substantial costs involved in compiling a portfolio of equity securities to replicate the Underlying Index, in instances in which a security in the Underlying Index becomes temporarily illiquid, unavailable or less liquid, or as a result of legal restrictions or limitations (such as tax diversification requirements) that apply to the Fund but not the Underlying Index.
The Adviser expects that, over time, the correlation between the Fund's performance and that of the Underlying Index, before fees and expenses, will exceed 95%. A correlation percentage of 100% would indicate perfect correlation. If the Fund uses a replication strategy, it can be expected to have greater correlation to the Underlying Index than if it uses a representative sampling strategy.
The Fund concentrates its investments (i.e., holds 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. As of January 31, 2024, the Underlying Index was concentrated in the semiconductors and semiconductor equipment industry and had significant exposure to the information technology sector.
SNSR - Performance
Return Ranking - Trailing
| Period | SNSR Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -1.9% | -19.2% | 52.4% | 96.36% |
| 1 Yr | 10.6% | -11.5% | 74.8% | 97.27% |
| 3 Yr | -4.4%* | -34.2% | 19.4% | 82.87% |
| 5 Yr | 9.4%* | -10.3% | 31.9% | 88.00% |
| 10 Yr | N/A* | 1.3% | 27.1% | 92.39% |
* Annualized
Return Ranking - Calendar
| Period | SNSR Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 22.1% | -5.6% | 96.9% | 92.24% |
| 2022 | -26.1% | -73.9% | -16.4% | 3.70% |
| 2021 | 23.1% | -44.6% | 51.5% | 20.00% |
| 2020 | 34.8% | 5.5% | 154.1% | 73.63% |
| 2019 | 46.2% | -3.0% | 63.7% | 14.66% |
Total Return Ranking - Trailing
| Period | SNSR Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -1.9% | -19.2% | 52.4% | 96.36% |
| 1 Yr | 10.6% | -11.5% | 74.8% | 97.27% |
| 3 Yr | -4.4%* | -34.2% | 19.4% | 82.87% |
| 5 Yr | 9.4%* | -10.3% | 31.9% | 88.00% |
| 10 Yr | N/A* | 1.3% | 27.1% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | SNSR Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 23.0% | -2.3% | 96.9% | 93.61% |
| 2022 | -25.5% | -67.5% | -5.9% | 6.02% |
| 2021 | 23.5% | -17.8% | 59.2% | 26.98% |
| 2020 | 35.0% | 17.5% | 157.5% | 89.55% |
| 2019 | 47.9% | 7.5% | 66.9% | 25.65% |
SNSR - Holdings
Concentration Analysis
| SNSR | Category Low | Category High | SNSR % Rank | |
|---|---|---|---|---|
| Net Assets | 286 M | 4.67 M | 81.2 B | 68.33% |
| Number of Holdings | 54 | 10 | 321 | 54.30% |
| Net Assets in Top 10 | 110 M | 1.67 M | 56.8 B | 67.87% |
| Weighting of Top 10 | 43.39% | 13.2% | 100.0% | 69.68% |
Top 10 Holdings
- GARMIN LTD COMMON STOCK 7.97%
- RENESAS ELECTRONICS CORP COMMON STOCK 6.29%
- SKYWORKS SOLUTIONS INC COMMON STOCK 6.24%
- STMICROELECTRONICS NV COMMON STOCK 4.21%
- ADVANTECH CO LTD COMMON STOCK 3.90%
- DEXCOM INC COMMON STOCK 3.60%
- SAMSARA INC-CL A COMMON STOCK 3.23%
- LATTICE SEMICONDUCTOR CORP COMMON STOCK 2.71%
- ADT INC COMMON STOCK 2.64%
- EMEMORY TECHNOLOGY INC COMMON STOCK 2.58%
Asset Allocation
| Weighting | Return Low | Return High | SNSR % Rank | |
|---|---|---|---|---|
| Stocks | 99.80% | 0.00% | 100.77% | 23.98% |
| Other | 1.05% | -0.04% | 26.87% | 10.86% |
| Preferred Stocks | 0.00% | 0.00% | 8.61% | 91.40% |
| Convertible Bonds | 0.00% | 0.00% | 0.40% | 87.33% |
| Cash | 0.00% | 0.00% | 26.97% | 99.10% |
| Bonds | 0.00% | 0.00% | 87.98% | 87.78% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | SNSR % Rank | |
|---|---|---|---|---|
| Technology | 71.59% | 2.80% | 100.00% | 46.15% |
| Industrials | 21.83% | 0.00% | 38.68% | 2.26% |
| Healthcare | 4.98% | 0.00% | 25.57% | 18.10% |
| Communication Services | 1.60% | 0.00% | 97.05% | 82.35% |
| Utilities | 0.00% | 0.00% | 5.17% | 87.33% |
| Real Estate | 0.00% | 0.00% | 15.05% | 90.05% |
| Financial Services | 0.00% | 0.00% | 38.36% | 97.29% |
| Energy | 0.00% | 0.00% | 1.24% | 87.78% |
| Consumer Defense | 0.00% | 0.00% | 5.64% | 89.14% |
| Consumer Cyclical | 0.00% | 0.00% | 32.97% | 97.74% |
| Basic Materials | 0.00% | 0.00% | 2.38% | 88.69% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | SNSR % Rank | |
|---|---|---|---|---|
| US | 70.36% | 0.00% | 100.77% | 94.57% |
| Non US | 29.44% | 0.00% | 63.81% | 4.52% |
SNSR - Expenses
Operational Fees
| SNSR Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.68% | 0.08% | 5.04% | 75.91% |
| Management Fee | 0.68% | 0.03% | 1.95% | 42.08% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 0.50% | N/A |
Sales Fees
| SNSR Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| SNSR Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| SNSR Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 0.69% | 281.00% | 16.83% |
SNSR - Distributions
Dividend Yield Analysis
| SNSR | Category Low | Category High | SNSR % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.42% | 0.00% | 7.82% | 13.12% |
Dividend Distribution Analysis
| SNSR | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | SemiAnnual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| SNSR | Category Low | Category High | SNSR % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.37% | -2.30% | 2.08% | 10.14% |
Capital Gain Distribution Analysis
| SNSR | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Jun 27, 2024 | $0.073 | OrdinaryDividend |
| Dec 28, 2023 | $0.147 | OrdinaryDividend |
| Jun 29, 2023 | $0.113 | OrdinaryDividend |
| Dec 29, 2022 | $0.179 | OrdinaryDividend |
| Jun 29, 2022 | $0.059 | OrdinaryDividend |
| Dec 30, 2021 | $0.071 | OrdinaryDividend |
| Jun 29, 2021 | $0.051 | OrdinaryDividend |
| Dec 30, 2020 | $0.064 | OrdinaryDividend |
| Jun 29, 2020 | $0.003 | OrdinaryDividend |
| Dec 30, 2019 | $0.184 | OrdinaryDividend |
| Jun 27, 2019 | $0.081 | OrdinaryDividend |
| Dec 28, 2018 | $0.202 | OrdinaryDividend |
| Dec 28, 2017 | $0.108 | OrdinaryDividend |
| Dec 28, 2017 | $0.095 | CapitalGainShortTerm |
| Dec 28, 2017 | $0.018 | CapitalGainLongTerm |
| Dec 28, 2016 | $0.049 | OrdinaryDividend |
SNSR - Fund Manager Analysis
Managers
Nam To
Start Date
Tenure
Tenure Rank
Mar 01, 2018
4.25
4.3%
Nam To, CFA, joined Global X Management Company LLC in July 2017 as a Portfolio Management Analyst. Mr. To has been a Portfolio Manager of the Fund since March 1, 2018. Previously, Mr. To was a Global Economics Research Analyst at Bunge Limited from 2014 through 2017 and an Advisory and Investment Analyst at Horizon Capital Group from June 2013 through August 2013. Mr. To received his Bachelor of Arts in Philosophy and Economics from Cornell University in 2014.
Wayne Xie
Start Date
Tenure
Tenure Rank
Mar 01, 2019
3.25
3.3%
Wayne Xie joined the Global X Management Company LLC in July 2018 as a Portfolio Management Associate. Previously, Mr. Xie was an Analyst at VanEck Associates on the Equity ETF Investment Management team from 2010 to 2018 and a Portfolio Administrator at VanEck Associates from 2007 to 2010. Mr. Xie received his BS in Business Administration from State University of New York at Buffalo.
Kimberly Chan
Start Date
Tenure
Tenure Rank
Jun 10, 2019
2.98
3.0%
Kimberly Chan is a Portfolio Management Associate. Previously, Ms. Chan was a US Associate Trader at Credit Agricole from 2016 to 2018, and an Investment Analyst at MetLife Investments from 2015 to 2016. Ms. Chan received her Bachelor of Science from New York University in 2015.
Vanessa Yang
Start Date
Tenure
Tenure Rank
Dec 31, 2020
1.41
1.4%
Vanessa Yang, Portfolio Management Associate, joined Global X Management Company LLC in 2016 as a Portfolio Administrator. She was appointed to the portfolio management team in June 2019. Previously, Ms. Yang was a Portfolio Administrator at VanEck Associates from 2011 to 2014. Ms. Yang received her MS in Financial Engineering from Drucker School of Management in 2010 and her BS in Economics from Guangdong University of Foreign Studies in 2008.
Sandy Lu
Start Date
Tenure
Tenure Rank
Apr 01, 2022
0.16
0.2%
Sandy Lu, CFA, Portfolio Manager, joined the Adviser in September 2021. Previously, Mr. Lu worked at PGIM Fixed Income from 2014 to 2021, where he led the portfolio analyst team covering Emerging Markets Debt. He began his career in 2010 as an Investment Analyst at Lincoln Financial Group. Mr. Lu graduated with a B.S. in Economics from the Wharton School of the University of Pennsylvania. He earned his CFA designation in September 2015, and holds the Series 3 license.
William Helm
Start Date
Tenure
Tenure Rank
Apr 01, 2022
0.16
0.2%
William Helm, CFA, Portfolio Manager, joined the Adviser in September 2021. Previously, Mr. Helm spent 14 years at Vanguard where he most recently served as an Equity Portfolio Manager and Trader. Previously, he held roles in Portfolio Review, Corporate Strategy and Corporate Finance. Mr. Helm received his BBA in Economics from Belmont University in 2007 and his MBA from Columbia Business School in 2020.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 32.43 | 8.25 | 1.41 |