Why The IoT ETF Matters

Some thematic exchange traded funds go overlooked despite offering investors exposure to compelling, fast-growing market niches.

Such is life for the Global X Internet of Things ETF (NASDAQ: SNSR), but amid broader adoption of the Internet of Things (IoT), SNSR is poised to shed its overlooked status.

What Happened

The move to 5G networks and the expected increased connectivity of billions of devices around the world are among the catalysts expected to boost IoT-related companies in the years ahead.

“The IoT is a critical enabler and enhancer of several emerging technologies that are expected to have disruptive impacts felt across the global economy,” said Global X in a recent note.

SNSR, the only dedicated IoT ETF …

Full story available on Benzinga.com

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