The tech industry is showing remarkable resilience despite predictions of recession due to high interest rates. The S&P 500 has been significantly benefiting from the positive wave of AI hype. However, it’s not just in the U.S that investors can benefit from tech firms; internet companies around the world are offering intriguing opportunities for investors. A global tech ETF like OGIG can be a helpful tool in this scenario.
The ALPS O’Shares Global Internet Giants ETF (OGIG B-) was launched in 2018 and charges a 48 basis point fee for its approach. The strategy of this global tech ETF involves tracking the O’Shares Global Internet Giants Index, which looks for internet-related firms with growth and quality attributes. Quality is defined by factors such as monthly cash burn rate, while growth is determined by revenue growth rate. The portfolio includes U.S., European, Pacific basin, and emerging market names.
OGIG offers an opportunity to invest in tech firms from around the world. The ETF includes companies like MercadoLibre (MELI) and Meituan (MPNGY) from South America and China, respectively, along with tech giants like Microsoft (MSFT) and domestic e-commerce names like Shopify (SHOP). This global perspective can identify future opportunities and help diversify a portfolio away from expensive domestic tech firms in the U.S.
Despite the high price of domestic tech firms in the U.S., many investors still want exposure to the tech sector. OGIG offers a strategy that looks for future tech opportunities while diversifying globally and away from the U.S. market. The ETF’s price has risen above its 50-day simple moving average, indicating notable momentum, making it an appealing option for those looking to invest more in the tech sector.
In conclusion, investing in technology companies doesn’t have to be limited to domestic firms; international investments can provide excellent returns while reducing risk exposure through diversification across markets worldwide.
Investors looking to enter into technology stocks should consider international options such as OGIG B-. This global internet giants index tracked ETF provides a unique opportunity to invest in leading technology companies worldwide without being limited geographically or economically.
OGIG B- charges only 48 basis points fees for its strategy of tracking leading internet giants worldwide using various growth and quality metrics such as monthly cash burn rate and revenue growth rate.
OGIG has returned an impressive 33% over one year period highlighting its success in identifying future opportunities in technology while diversifying globally away from expensive US market dominators.
Overall, investing internationally through OGIG B- offers immense potential returns with low risk exposure through diversification across multiple markets worldwide making it an attractive investment option for anyone looking to enter into technology stocks without being limited geographically or economically.
