NXTG: Solidly Diversified 5G Play, Comes With Multiple FX Risks
NXTG is a thematic vehicle focused on the 5G arena, namely on "5G Infrastructure & Hardware" and "Telecommunications Service Providers," with a tilt toward the former. In the current iteration, it has 101 holdings (excluding cash), with a focus on semiconductors. Its key countries are the U.S. and Japan. Benchmarked against the MSCI ACWI index, the fund delivered not particularly impressive annualized returns since the index changed in 2019 as it trailed QQQ, SIXG, and IVV.
Should You Invest in the First Trust Indxx NextG ETF (NXTG)?
Designed to provide broad exposure to the Technology - Telecom segment of the equity market, the First Trust Indxx NextG ETF (NXTG) is a passively managed exchange traded fund launched on 02/17/2011.
Should You Invest in the First Trust Indxx NextG ETF (NXTG)?
Launched on 02/17/2011, the First Trust Indxx NextG ETF (NXTG) is a passively managed exchange traded fund designed to provide a broad exposure to the Technology - Telecom segment of the equity market.
