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SNSR - AI Analysis
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Global X Internet of Things ETF (SNSR)
Rating:63Neutral
Price Target:
$42.00
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)
AUM216.96M
RegionDeveloped Markets
Expense Ratio0.68%
Beta1.35
IssuerGlobal X
Inception DateSep 12, 2016
Dividend Yield0.59%
Asset ClassEquity
Index TrackedIndxx Global Internet of Things Thematic Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume14,938
30 Day Avg. Volume23,880
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
43.62Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering59
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) is heavily tilted toward technology, with names like Garmin and Rambus driving the fund’s performance thanks to steady growth in IoT innovation and strong earnings momentum. Lattice Semiconductor has also been a bright spot, benefiting from robust technical momentum and strategic positioning. However, Samsara and Dexcom have been lagging, weighed down by valuation concerns and bearish trends. With a clear focus on developed markets and a tech-heavy portfolio, this ETF is riding the wave of IoT growth but faces mixed results from some holdings.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Garmin | 5.80% | $12.77M | $47.76B | 49.21% | 81 Outperform | |
| Skyworks Solutions | 5.12% | $11.29M | $11.91B | -18.13% | 71 Outperform | |
| Rambus | 5.10% | $11.24M | $11.16B | 103.37% | 78 Outperform | |
| STMicroelectronics NV | 4.98% | $10.98M | €19.50B | -18.30% | 71 Outperform | |
| Dexcom | 4.54% | $10.01M | $27.15B | -4.17% | 71 Outperform | |
| Samsara | 4.52% | $9.95M | $22.94B | -17.68% | 71 Outperform | |
| Lattice Semiconductor | 4.14% | $9.13M | $9.83B | 29.49% | 69 Neutral | |
| Adt | 3.02% | $6.65M | $7.24B | 18.50% | 72 Outperform | |
| IMPINJ | 2.85% | $6.28M | $6.86B | 17.94% | 69 Neutral | |
| Itron | 2.58% | $5.69M | $6.12B | 28.37% | 73 Outperform |
SNSR Technical Analysis
Positive
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Price Trends
38.90
Positive
38.17
Positive
36.29
Positive
Market Momentum
0.22
Negative
53.47
Neutral
73.81
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SNSR, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 39.21, equal to the 50-day MA of 38.90, and equal to the 200-day MA of 36.29, indicating a bullish trend. The MACD of 0.22 indicates Negative momentum. The RSI at 53.47 is Neutral, neither overbought nor oversold. The STOCH value of 73.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SNSR.
SNSR Peer Comparison
Comparison Results
Performance Comparison
SNSR
Global X Internet of Things ETF
39.54
4.75
13.65%
SRVR
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FINX
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WCBR
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INDS
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CRTC
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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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