“Unleash Your Inner Warren Buffet: How Investing in OGIG’s Global Internet Stocks Will Make You a Fortune!”

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Diversify Your Equities with Global Internet Stocks Amid Debt Ceiling Drama

As the debt ceiling drama in the United States continues to worsen, advisors and investors are looking for ways to diversify their equities. One attractive option is investing in global internet stocks, which provide exposure to non-U.S. markets while still including well-known companies like Amazon (AMZN).

The ALPS O’Shares Global Internet Giants ETF (OGIG)

The ALPS O’Shares Global Internet Giants ETF (OGIG) is an excellent choice for investors seeking exposure to global internet stocks. OGIG tracks the O’Shares Global Internet Giants Index and charges 48 basis points for its exposures. The strategy focuses on internet-related firms with growth and quality characteristics, with quality defined by monthly cash burn rate and growth defined by revenue growth rate.

OGIG’s universe is made up of the 1,000 largest U.S. and 500 largest Pacific, European, and emerging markets names. This diverse approach helps the ETF stand out from others in the space.

What Holdings Does OGIG Have?

OGIG’s holdings include:

  • MercadoLibre (MELI), an Argentine e-commerce firm, weighted at 1.7%
  • Meituan (MPNGY) and Tencent (TCEHY), Chinese firms weighted at 2.25% and 1.6%, respectively
  • Microsoft (MSFT) and Amazon (AMZN), both U.S. pillars, with MSFT weighted at 6.7%
  • Shopify (SHOP), an e-commerce name elsewhere in the online consumer spending landscape

Performance of OGIG

OGIG has seen its net AUM increase over the last month, up $5.8 million, thanks to price influence. Its performance stands out, returning 21.8% YTD and 5.8% over one month, above its ETF Database Category and Factset Segment Average.

Conclusion

Global internet stocks present an intriguing opportunity for diversification, particularly in light of the ongoing debt ceiling drama. OGIG’s growth and quality screen approach makes it a notable prospect worth watching. Investors should consider diversifying their equities with global internet stocks like OGIG to mitigate risk and increase potential returns.

For more news, information, and analysis, visit the ETF Building Blocks Channel.

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