20th Jul 2019
The Defiance 5G Next Gen Connectivity ETF FIVG debuted in early March as the first exchange traded fund dedicated to the 5G communications theme.
While FIVG has taken some lumps, as have other growth and technology assets, there is no denying there is appetite for 5G funds. FIVG’s nearly $87 million in assets under management confirm as much.
What Happened?
FIVG tracks the BlueStar 5G Communications Index and features exposure to eight industries, such as radio access network equipment makers, cloud-core firms, mobile network providers, satellite operators and real estate companies with 5G exposure, among others.