As the IoT (Internet of Things) is a relatively new concept, investors might be wise to look at ETFs to add exposure to this sector of the market. By investing in an ETF that tracks multiple companies, an investor is able to add multiple IoT stocks
to their portfolio without having to manage multiple positions. IoT stocks
include companies like Ambarella, NVIDIA and Google. Google made headlines in January 2014 when it purchased Nest for $3.2 billion to gain access into the home automation segement of the market. As you can see below, the team at ETF Channel has identified a few prominent ETFs that track some of the biggest and exciting IoT stocks. As many of these funds are actively managed, fund managers will always be on the lookout for the next big IoT stocks to add to the ETF.
IoT Stocks — ETFs:
PowerShares NASDAQ Internet Portfolio (PNQI)
The PowerShares NASDAQ Internet Portfolio is designed to track the performance of the largest and most liquid US-listed companies engaged in internet-related businesses.
ARK Industrial Innovation ETF (ARKQ)
Securities within ARKQ are expected to focus on and benefit from the development of new products or services, technological improvements and advancements in scientific research.
ARK Web x.0 ETF (ARKW)
Securities within ARKW are focused on and expected to benefit from shifting the bases of technology infrastructure from hardware and software to the cloud, enabling mobile and local services. The benefits can come from such companies that rely on or benefit from the increased use of shared technology, infrastructure and services.
Global X Social Media Index ETF (SOCL)
The Global X Social Media Index ETF seeks to capture this global industry in a single ETF, and includes companies from all over the world that provide social networking, file sharing, and other web-based media applications.
We hope you find this list of ETFs to be helpful. Another way to find ETFs holding your favorite IoT stocks would be to use our ETF Finder
tool, where you can input a list of your favorite IoT stock ticker symbols, and get back a list of ETFs most concentrated to your list.
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