With 23 ETFs traded on the U.S. markets, Internet ETFs have total assets under management of $14.20B. The average expense ratio is 0.72%. Internet ETFs can be found in the following asset classes:
The largest Internet ETF is the KraneShares CSI China Internet ETF KWEB with $5.62B in assets. In the last trailing year, the best-performing Internet ETF was WEBS at 105.48%. The most recent ETF launched in the Internet space was the AXS Short China Internet ETF SWEB on 05/02/22.
Funds tracking companies dedicated to the blockchain have posted significant losses.
The cryptocurrency exchange’s stock slid more than 20% Wednesday.
ETF issuer AXS is following up on SARK’s success with another fund tied to Cathie Wood’s ARK.
The alternatives provider is adding to its lineup of concentrated bets on popular funds.
Three issuers have launched funds targeting this theme in the past week.
Shares of the telemedicine provider were cut in half on Thursday, pressuring 'ARKK' and other ETFs.
All metaverse ETFs are not the same, and it’s a tricky space to define.
It’s the first leg of back-to-back launches for the theme this week.
The ARK CEO remains steadfast in her belief that her exchange-traded funds will outperform again.