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KNCT - ETF AI Analysis
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Invesco Next Gen Connectivity Etf (KNCT)
Rating:61Neutral
Price Target:―
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered solid year-to-date returns, indicating strong overall performance.
Focus on High-Growth Sectors
The fund is heavily weighted in technology and communication services, sectors with significant growth potential.
Reasonable Expense Ratio
The ETF has a relatively low expense ratio, making it cost-effective for investors.
Negative Factors
High Geographic Concentration in the USA
Over 73% of the ETF's exposure is in U.S. companies, limiting diversification across global markets.
Mixed Performance Among Top Holdings
While some top holdings like Broadcom and Micron have performed strongly, others like Verizon and AT&T have lagged.
Sector Concentration Risk
Nearly 60% of the portfolio is allocated to technology, making the fund vulnerable to downturns in this sector.
KNCT vs. SPDR S&P 500 ETF (SPY)
AUM111.20M
RegionGlobal
Expense Ratio0.40%
Beta1.21
IssuerInvesco
Inception DateJun 23, 2005
Dividend Yield0.82%
Asset ClassEquity
Index TrackedSTOXX World AC NexGen Connectivity (USD)(GR)
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume18,147
30 Day Avg. Volume12,717
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
163.23Price Target Upside― Downside
Rating ConsensusHold
Number of Analyst Covering90
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
KNCT Summary
The Invesco Next Gen Connectivity ETF (Ticker: KNCT) is an investment fund that focuses on companies driving advancements in connectivity technologies like 5G, cloud computing, and the Internet of Things (IoT). It follows the STOXX World AC NexGen Connectivity Index and includes well-known companies such as Apple and Broadcom. This ETF is a great option for investors looking to benefit from the growth of innovative technologies that are shaping the future of communication and digital infrastructure. However, since it is heavily focused on the technology sector, its performance can be significantly impacted by market fluctuations in tech stocks.
How much will it cost me?The Invesco Next Gen Connectivity ETF (KNCT) has an expense ratio of 0.40%, meaning you’ll pay $4 per year for every $1,000 invested. This is slightly higher than average because the fund is actively managed to focus on a specialized niche in connectivity technologies, requiring more research and oversight. It’s designed for investors seeking targeted exposure to innovative sectors like 5G and IoT.
What would affect this ETF?The Invesco Next Gen Connectivity ETF (KNCT) could benefit from continued advancements in 5G, IoT, and cloud computing, as well as increasing global demand for faster and more efficient communication technologies. However, it may face challenges from rising interest rates, which can pressure technology companies, and potential regulatory changes affecting major holdings like Apple and Broadcom. Global economic uncertainty could also impact the ETF’s performance due to its broad geographic exposure.
KNCT Top 10 Holdings
The Invesco Next Gen Connectivity ETF (KNCT) is heavily tilted toward the technology sector, with Apple and Broadcom leading the charge thanks to steady gains and strong positioning in consumer electronics and AI semiconductors. Micron is a standout performer, riding a wave of optimism in AI and memory markets, while Cisco adds stability with consistent growth. However, telecom giants AT&T and Verizon are dragging the fund, struggling with bearish momentum and competitive pressures. With a global focus, KNCT is a bet on the future of connectivity, but its reliance on tech heavyweights makes it sensitive to sector swings.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Apple | 7.32% | $8.26M | $3.83T | 11.03% | 79 Outperform | |
| Broadcom | 6.78% | $7.64M | $1.64T | 56.34% | 76 Outperform | |
| Micron | 5.07% | $5.72M | $388.40B | 263.84% | 79 Outperform | |
| Cisco Systems | 4.32% | $4.87M | $291.91B | 25.95% | 77 Outperform | |
| International Business Machines | 3.40% | $3.84M | $284.37B | 43.60% | 79 Outperform | |
| Intel | 3.18% | $3.58M | $227.06B | 129.48% | 64 Neutral | |
| Qualcomm | 2.90% | $3.27M | $190.40B | 7.73% | 80 Outperform | |
| Verizon | 2.68% | $3.03M | $170.60B | 4.51% | 81 Outperform | |
| AT&T | 2.65% | $2.99M | $170.08B | 10.11% | 71 Outperform | |
| Arista Networks | 2.12% | $2.39M | $154.75B | 9.57% | 83 Outperform |
KNCT Technical Analysis
Positive
―
Price Trends
133.70
Positive
129.75
Positive
119.26
Positive
Market Momentum
1.66
Negative
65.35
Neutral
62.28
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For KNCT, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 134.49, equal to the 50-day MA of 133.70, and equal to the 200-day MA of 119.26, indicating a bullish trend. The MACD of 1.66 indicates Negative momentum. The RSI at 65.35 is Neutral, neither overbought nor oversold. The STOCH value of 62.28 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for KNCT.
KNCT Peer Comparison
Comparison Results
Performance Comparison
KNCT
Invesco Next Gen Connectivity Etf
139.53
36.38
35.27%
EIPI
FT Energy Income Partners Enhanced Income ETF
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KXI
iShares Global Consumer Staples ETF
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IGPT
Invesco Ai And Next Gen Software Etf
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CLOU
Global X Cloud Computing ETF
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TTEQ
T. Rowe Price Technology ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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