Best Thematic ETFs: Telemedicine, Cloud, IoT...

In this episode of ETF Spotlight, I speak with Jay Jacobs, Head of Research & Strategy at Global X ETFs, which is a leader in the thematic ETF space. Thematic ETFs benefit from long-term trends that are transforming the way we live.

The coronavirus has been a game-changer for telemedicine. The Global X Telemedicine & Digital Health ETF (EDOC - Free Report) holds global health care companies with high exposure to telemedicine & digital health. Launched about three months back, the fund has already gathered more than $390 million in assets.

The Global X Cloud Computing ETF (CLOU - Free Report) has benefitted from the exponential growth in the cloud computing market. The product, which made its debut in 2019, has attracted over $1.25 billion in AUM and is up over 50% this year.

The Global X Internet Of Things ETF (SNSR - Free Report) holds companies that facilitate the IoT industry. We discuss the role of connected technology in combatting COVID-19.

The Global X Social Media ETF (SOCL - Free Report) holds leading social media companies around the world such as Facebook (FB - Free Report), Tencent (TCEHY - Free Report), and Twitter (TWTR - Free Report). We discuss the role of social media in the digital age.

The Global X Lithium & Battery Tech ETF (LIT - Free Report), a $940 million fund, has surged 83% this year, as global demand for electric vehicles continues to soar.

The Global X Cannabis ETF (POTX - Free Report) had a terrible performance last year but has rallied in the past few weeks. Several states have now approved the use of recreational marijuana. What lies ahead?

In full disclosure, Neena owns shares of CLOU and SNSR in the ETF Investor Portfolio.

Disclaimer: Neither Zacks Investment Research, Inc. nor its Information Providers can guarantee the ...

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