#7 - Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR)
Many investors prefer the simplicity of exchange-traded funds (ETFs) to get exposure to a broad sector like data centers. If ETFs are more your style, you can look at the Global X Data Center & Digital Infrastructure ETF (NASDAQ: DTCR).
This fund will only be five years old in October 2024 and has approximately 25 holdings. That’s a significant reason why it only has about $93 billion in assets as of this writing. The fund managers are investing heavily in companies that focus on generative AI which they believe will grow at a pace of about 9.5% annually for the foreseeable future.
The fund’s performance has mirrored the performance of the technology sector, hitting its peak in late 2021 and bottoming out in late 2022. However, the fund is up approximately 37% since that point, and with the expected growth in the data center market and an expense ratio of around 0.50%, this is a fund with plenty of room to run.
About Global X Data Center & Digital Infrastructure ETF
The Global X Data Center And Digital Infrastructure ETF (DTCR) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a market-cap-weighted index of global equities involved in data center REITs and related digital infrastructure companies. DTCR was launched on Oct 27, 2020 and is issued by Global X.
- Current Price
- $16.36
- Consensus Rating
- N/A
- Ratings Breakdown
- 0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- N/A
What this presentation should make clear is that the opportunity in data centers is still in its early stages. Even without AI, data is the engine of the digital economy. But since we're living in the early stages of the AI revolution, the need to house data has plenty of runway left. That means there's still time to profit from data center stocks, if you haven't done so already.
As this report also shows, there are different ways for you to get exposure to the data center sector. You can look at companies providing the hardware, the REITs that are renting space, or ETFs that let you invest in all of that and more.
Your MarketBeat All-Access subscription allows you to create an unlimited number of watchlists. So you can create one specifically for data center stocks and never miss an update that impacts one or more of the stocks on that list.
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