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SNSR - ETF AI Analysis

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SNSR

Global X Internet of Things ETF (SNSR)

Rating:60Neutral
Price Target:
The Global X Internet of Things ETF (SNSR) has a balanced overall rating, reflecting both strong performers and some challenges among its holdings. Rambus (RMBS) and ABB Ltd (SE:ABB) stand out as key contributors due to their strong financial performance, positive earnings call sentiment, and strategic positioning in growth markets like AI and robotics. However, weaker technical indicators and valuation concerns for holdings like Samsara (IOT) and Skyworks Solutions (SWKS) have tempered the fund's overall score. A potential risk is the ETF's exposure to high-growth sectors, which may face volatility and valuation pressures.
Positive Factors
Strong Top Holdings
Several key positions, such as Garmin and Rambus, have delivered strong year-to-date gains, supporting the ETF's overall performance.
Technology Focus
With over 65% exposure to the technology sector, the ETF benefits from growth in innovative industries like semiconductors and IoT.
Global Diversification
The ETF includes exposure to multiple countries outside the U.S., such as France and Sweden, adding geographic diversity.
Negative Factors
Underperforming Holdings
Some top holdings, including Skyworks Solutions and Samsara, have struggled with negative year-to-date performance, which could drag on returns.
High Expense Ratio
The ETF's expense ratio of 0.68% is higher than many comparable funds, reducing net returns for investors.
U.S. Concentration Risk
With over 72% of assets allocated to U.S. companies, the fund is heavily reliant on the U.S. market, limiting global exposure.

SNSR vs. SPDR S&P 500 ETF (SPY)

SNSR Summary

The Global X Internet of Things ETF (SNSR) is an investment fund focused on companies driving innovation in the Internet of Things (IoT) sector. It includes businesses involved in smart devices, connected cars, and wearable technology. Some of its top holdings are Garmin and STMicroelectronics, which are leaders in technology and IoT solutions. Investors might consider SNSR for exposure to a growing tech-driven industry and to diversify their portfolio with companies shaping the future of connectivity. However, it’s important to note that this ETF is heavily dependent on the technology sector, meaning its value can fluctuate with changes in tech market trends.
How much will it cost me?The Global X Internet of Things ETF (SNSR) has an expense ratio of 0.68%, which means you’ll pay $6.80 per year for every $1,000 invested. This is higher than the average for ETFs because it is actively managed to focus on a specific niche, the Internet of Things sector, which requires more specialized research and management.
What would affect this ETF?The Global X Internet of Things ETF (SNSR) could benefit from the growing adoption of IoT technologies across industries like smart homes, connected cars, and wearable devices, as well as increased investment in technology and industrial sectors. However, it may face challenges from rising interest rates, which can impact growth-focused companies, and potential regulatory changes affecting technology firms in developed markets.

SNSR Top 10 Holdings

The Global X Internet of Things ETF (SNSR) leans heavily into the technology sector, with names like Rambus and Lattice Semiconductor driving performance thanks to their strong positioning in AI and data center infrastructure. Rambus, in particular, has been a bright spot with steady gains this year. However, stocks like Garmin and Skyworks Solutions have been lagging, weighed down by bearish technical trends and valuation concerns. With its focus on developed markets and IoT innovation, the fund offers a concentrated bet on tech and industrial players, though mixed results from key holdings suggest uneven momentum in this niche sector.
Name
Company Name
Weight %
Market Value
Market Cap
Yearly Gain
Overall Rating
STMicroelectronics NV5.26%$10.89M€19.63B-10.53%
71
Outperform
Samsara5.13%$10.62M$25.30B-10.18%
69
Neutral
Garmin5.02%$10.40M$40.54B-2.14%
74
Outperform
Rambus4.92%$10.18M$11.41B64.14%
78
Outperform
Skyworks Solutions4.77%$9.86M$10.15B-26.39%
70
Outperform
Lattice Semiconductor4.75%$9.83M$10.86B19.18%
71
Outperform
Dexcom4.59%$9.49M$26.89B-13.25%
79
Outperform
Adt2.90%$6.00M$6.66B13.33%
69
Neutral
Johnson Controls2.57%$5.31M$72.15B38.88%
70
Outperform
ABB Ltd2.36%$4.88Mkr1.24T14.92%
78
Outperform

SNSR Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price
Price Trends
50DMA
37.85
Positive
100DMA
38.02
Negative
200DMA
36.40
Positive
Market Momentum
MACD
0.32
Negative
RSI
53.80
Neutral
STOCH
84.09
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SNSR, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 36.77, equal to the 50-day MA of 37.85, and equal to the 200-day MA of 36.40, indicating a bullish trend. The MACD of 0.32 indicates Negative momentum. The RSI at 53.80 is Neutral, neither overbought nor oversold. The STOCH value of 84.09 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SNSR.

SNSR Peer Comparison

Comparison Results
Name
Price
Price Target
AUM
Expense Ratio
Overall Rating
$206.55M0.68%
$383.42M0.49%
$260.94M0.68%
$127.52M0.45%
$124.93M0.40%
$113.24M0.35%
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SNSR
Global X Internet of Things ETF
37.94
1.74
4.81%
SRVR
Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF
FINX
Global X Fintech Etf
WCBR
WisdomTree Cybersecurity Fund
GPZ
VanEck Alternative Asset Manager ETF
CRTC
Xtrackers US National Critical Technologies ETF
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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