Overview
Description
The Global X Big Data & Hardware Index ETF is an exchange-traded fund that provides investors with exposure to the leading companies in the big data and hardware sectors. This ETF seeks to track the performance of the Global X Big Data & Hardware Index, focusing on firms engaged in the development and production of big data technologies and hardware. These technologies are essential for data storage, analysis, and management, playing a crucial role in the digital transformation of businesses across various industries.
The ETF includes companies involved in manufacturing data centers, storage solutions, servers, and semiconductor equipment, reflecting the pivotal components of modern data infrastructure. It allows investors to tap into the growth of the data-driven economy as organizations increasingly rely on data analytics and management to enhance decision-making and operational efficiencies.
By concentrating on the hardware necessary for processing vast amounts of data, this ETF serves as a strategic vehicle for capturing the economic impact of advancements in data technology and hardware innovation. It offers diversification across leading technology firms globally, contributing to the evolving landscape of the informational technology sector.
About
Address
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Phone
416 933 5745
Website
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Instrument type
ETF
Country
Canada
MIC code
XTSE