- The Global X Internet of Things Thematic ETF seeks to reap the benefits of broader adoption of IoT.
- Now IoT is an emerging field with many of SNSR's holdings being semiconductor plays specializing in communications, sensors, and software for the latest generation of digital manufacturing.
- Hence, the fund also inherits some of the volatility facing the semiconductor industry.
- Still, it exhibits less volatility than SOXX, a pure-play semiconductor ETF.
- Providing exposure to matured plays venturing into IoT instead of startups, SNSR is a buy with potential for upside.
For further details see:
SNSR: A Safe Way To Invest In IoT