3 5G Focused ETFs to Know About
Gain exposure to the fifth generation of cellular technology
5G is the fifth-generation technology for broadband cellular networks. It was introduced in 2016 and began being deployed by cellular networks and phone makers in 2019. What is the big hype about 5G? The main advantages of 5G include higher download speeds (1 gigabit per second or more), lower latency (1 millisecond or less), and increased capacity for cellular networks. What does that mean? It means we get faster download speeds, less lag, and a lower likelihood of losing signal on a cellular network.
5G also opens the door for the Internet of Things (IoT), where we can have more devices and machines connected to the internet for greater automation and connected technologies. At the moment, some IoT devices you may be familiar with include smart speakers, smart thermostats, and self-driving vehicles. If you are looking to gain exposure to companies that will be innovating in the 5G space, the following 3 ETFs will allow you to do so with ease:
1. Global X Internet of Things ETF (SNSR)
2. First Trust IndXX NextG ETF (NXTG)
3. Defiance 5G Next Gen Connectivity ETF (FIVG)
