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Global X Funds Global X Internet of Things ETF

SNSR
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 12 2016
Expense Ratio
0.68%
Type
Global Equities
Fund Owner
Global X
Volume (1m avg. daily)
$606,792
AUM
$280,624,094
Associated Index
Indxx Global Internet of Things Thematic Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

GRMN
Garmin Ltd
6.84%
2395
Advantech
6.10%
STMPA
ST Microelectronics
5.83%
SWKS
Skyworks Solutions, Inc.
5.50%
DXCM
Dexcom Inc
4.60%
RMBS
Rambus Inc.
3.82%
ST
Sensata Technologies Holding Plc
3.71%
03529
CFH/Sino Wt10
3.40%
ADT
ADT Inc
3.35%
BMI
Badger Meter Inc.
2.94%
Invest with SNSR

What is SNSR?

The Global X Internet of Things Thematic ETF 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. The Global X Internet of Things Thematic ETF (SNSR) seeks to invest in companies that stand to potentially benefit from the broader adoption of the Internet of Things (IoT). This includes the development and manufacturing of semiconductors and sensors, integrated products and solutions, and applications serving smart grids, smart homes, connected cars, and the industrial internet. The Indxx Global Internet of Things Thematic Index is designed to track the performance of companies listed in developed markets that are expected to benefit from the increased adoption of the Internet of Things (IoT), including companies involved in the development and manufacturing of semiconductors and sensors for IoT applications, customized end-to-end integrated IoT products and solutions, and standardized IoT applications across a diverse set of segments including but not limited to smart grids, smart homes, smart cities, connected cars and the industrial internet.

ETFs related toSNSR

ETFs correlated to SNSR include TDV, RSPT, QTUM

SNSR
Global X Funds - Global X Funds Global X Internet of Things ETF
TDV
ProShares Trust - ProShares S&P Technology Dividend Aristocrats ETF
RSPT
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight Technology ETF
QTUM
ETF Series Solutions Trust - Defiance Quantum ETF
FIVG
ETF Series Solutions Trust - Defiance Next Gen Connectivity ETF
ROBO
Exchange Traded Concepts Trust - ROBO Global Robotics and Automation Index ETF
HIBL
Direxion Shares ETF Trust - Direxion Daily S&P 500 High Beta Bull 3X Shares
SPHB
Invesco Capital Management LLC - Invesco S&P 500 High Beta ETF
FXL
First Trust Exchange-Traded Fund III - First Trust Technology AlphaDEX Fund
XT
BlackRock Institutional Trust Company N.A. - iShares Exponential Technologies ETF
SPGM
SSgA Active Trust - SPDR Portfolio MSCI Global Stock Market ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toSNSR

#PTC

Pick the Trending Commodity

Category

Living With High Inflation, Ride the Momentum

Risk Rating

Moderate

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with SNSR using Composer

FAQ

SNSR is a Global Equities ETF. The Global X Internet of Things Thematic ETF 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. The Global X Internet of Things Thematic ETF (SNSR) seeks to invest in companies that stand to potentially benefit from the broader adoption of the Internet of Things (IoT). This includes the development and manufacturing of semiconductors and sensors, integrated products and solutions, and applications serving smart grids, smart homes, connected cars, and the industrial internet. The Indxx Global Internet of Things Thematic Index is designed to track the performance of companies listed in developed markets that are expected to benefit from the increased adoption of the Internet of Things (IoT), including companies involved in the development and manufacturing of semiconductors and sensors for IoT applications, customized end-to-end integrated IoT products and solutions, and standardized IoT applications across a diverse set of segments including but not limited to smart grids, smart homes, smart cities, connected cars and the industrial internet.

SNSR tracks the Indxx Global Internet of Things Thematic Index.

No, SNSR is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, SNSR is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on SNSR is -0.0292%. This is the percent change in the value of SNSR over the most recent 1-month period. The 3-month return on SNSR is -0.0731%. This is the percent change in the value of SNSR over the most recent 3-month period.

The standard deviation of SNSR for the past year is 0.2314%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to SNSR include IXJ, SMH, and URA.

ETFs correlated to SNSR include TDV, RSPT, and QTUM.

ETFs that are inversely correlated to SNSR include HIBS, SH, and SDS.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.