The Defiance Next Gen Connectivity ETF (FIVG) invests in companies involved in research, development and commercialization of new infrastructure that supports connective technology.
The ETF tracks the BlueStarGlobal 5G Communications Index, which identified about 60 U.S.-listed stocks from around the world that are involved in the development of 5G networks, such as carrier equipment manufacturing like cell phone antennas and routers, enhanced mobile broadband chips, new radio technology, cloud computing equipment, satellite communications and mobile networks.
Maximum weights are imposed on sub-sectors of the 5G industry to keep the largest firms from dominating the portfolio. Top holdings include Ericsson, Qualcom, Analog Devices, as well as familiar U.S. telecom like Verizon and AT&T.
While other funds own some of the same stocks as FIVG, none offer the same targeted exposure. At 30 basis points, FIVG is a bit pricey for passive but on the lower end for niche thematic products.
The closest competitor might be the First Trust Indxx NextG ETF (NXTG, formerly FONE prior to May 2019), which targets the same industry but owns a very different portfolio. Both funds were launched or reconstituted in the first half of 2019, so there’s no long-term track record to compare, but FIVG costs half as much as NXTG, has garnered more assets, and trades with tighter spreads.
| Segment | Equity: Global 5G |
| Category | Sector |
| Focus | Theme |
| Niche | 5G |
| Strategy | Vanilla |
| Weighting Scheme | Tiered |
This section compares how balanced and deep this ETF is relative to its peers.
| FIVG | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Number of Holdings | 81 | 69 | 70 |
| % of Assets in Top 10 | 41.12% | 46.24% | 41.67% |
| % of Assets in Top 15 | 52.83% | 59.70% | 52.55% |
| % of Assets in Top 50 | 89.47% | 94.06% | 85.57% |
| FIVG | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Large (>12.9B) | 74.26% | 57.86% | 82.26% |
| Mid (>2.7B) | 13.46% | 22.44% | 11.80% |
| Small (>600M) | 7.80% | 12.36% | 2.60% |
| Micro (<600M) | 3.92% | 4.85% | 1.31% |
This section compares the P/E ratio of this ETF to its peers.
This section compares the dividend yield of this ETF to its peers.
| FIVG | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Dividend | $ 0.09 | $ 0.29 | $ 0.05 |
| Dividend Date | 2023-03-22 | N/A | N/A |
| Annual Dividend Rate | $ 0.48 | $ 0.40 | $ 0.57 |
| Annual Dividend Yield | 1.55% | 0.76% | 1.13% |
View charts featuring FIVG price and volume data.
View charts featuring ETF fund flow data.
5 Day Net Flows: -3.08 M 1 Month Net Flows: -25.88 M 3 Month Net Flows: -49.79 M 6 Month Net Flows: -127 M 1 Year Net Flows: -261.08 M 3 Year Net Flows: 271.15 M 5 Year Net Flows: 559.71 M 10 Year Net Flows: 559.71 MView charts that break down the influence that fund flows and price had on overall assets.
5 Day Net AUM Change: 13.89 MThe adjacent table gives investors an individual Realtime Rating for FIVG on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Technology Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.
This section compares the cost efficiency of this ETF to its peers.
| Max ST Capital Gains Rate | 39.60% |
| Max LT Capital Gains Rate | 20.00% |
| Tax On Distributions | Qualified dividends |
| Distributes K1 | No |
This section shows how this ETF has performed relative to its peers. Returns over 1 year are annualized.
| FIVG |
ETF Database
Category Average |
Factset Segment
Average |
|
|---|---|---|---|
| 1 Month Return | -1.10% | 2.06% | 2.56% |
| 3 Month Return | -5.24% | 3.16% | 2.02% |
| YTD Return | 2.28% | 19.26% | 13.67% |
| 1 Year Return | -7.54% | 3.68% | -0.58% |
| 3 Year Return | 7.71% | 4.99% | 8.98% |
| 5 Year Return | N/A | 4.22% | 2.39% |
The following charts reflect the geographic spread of FIVG's underlying holdings.
| Region | Percentage |
|---|---|
| North, Central and South America | 99.96% |
| Other | 0.01% |
| Country | Percentage |
|---|---|
| United States | 79.71% |
| Netherlands | 5.34% |
| Finland | 3.68% |
| Sweden | 2.92% |
| Canada | 2.31% |
| France | 0.96% |
| Spain | 0.96% |
| South Korea | 0.9% |
| United Kingdom | 0.89% |
| Taiwan | 0.77% |
| Israel | 0.67% |
| Other | 0.56% |
| China | 0.3% |
The following charts reflect the allocation of FIVG's underlying holdings.
| Sector | Percentage |
|---|---|
| Electronic Technology | 62.47% |
| Communications | 15.88% |
| Technology Services | 9.87% |
| Finance | 8.14% |
| Retail Trade | 1.28% |
| Consumer Services | 1.25% |
| Miscellaneous | 0.55% |
| Producer Manufacturing | 0.46% |
| Commercial Services | 0.06% |
| CASH | 0.01% |
| Market Cap | Percentage |
|---|---|
| Large | 74.26% |
| Mid | 13.46% |
| Small | 7.8% |
| Micro | 3.92% |
| Region | Percentage |
|---|
| Asset | Percentage |
|---|---|
| Share/Common/Ordinary | 88.03% |
| American Depositary Receipt | 11.38% |
| Open-ended Fund | 0.55% |
| CASH | 0.01% |
| Sector | Percentage |
|---|---|
| Electronic Technology | 62.47% |
| Communications | 15.88% |
| Technology Services | 9.87% |
| Finance | 8.14% |
| Retail Trade | 1.28% |
| Consumer Services | 1.25% |
| Miscellaneous | 0.55% |
| Producer Manufacturing | 0.46% |
| Commercial Services | 0.06% |
| CASH | 0.01% |
This section shows how the volatility of this ETF compares to the peer group ETF Database Category.
| 5 Day Volatility | 94.24% |
| 20 Day Volatility | 17.87% |
| 50 Day Volatility | 17.39% |
| 200 Day Volatility | 19.45% |
| Beta | 1.05 |
| Standard Deviation | 1.76% |
ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.
Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.
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