FONE - First Trust NASDAQ Smartphone Index Fund

NasdaqGM - NasdaqGM Real Time Price. Currency in USD
51.44
-0.18 (-0.35%)
At close: 3:14PM EDT
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Previous Close51.62
Open51.29
Bid51.35 x 800
Ask51.43 x 800
Day's Range51.29 - 51.48
52 Week Range41.69 - 52.16
Volume1,826
Avg. Volume1,429
Net Assets14.66M
NAV51.61
PE Ratio (TTM)N/A
Yield1.11%
YTD Return19.86%
Beta (3Y Monthly)0.97
Expense Ratio (net)0.70%
Inception Date2011-02-17
Trade prices are not sourced from all markets
  • 5 ETFs for the 5G Phenomenon
    InvestorPlace25 days ago

    5 ETFs for the 5G Phenomenon

    5G -- the next generation of wireless communication systems -- doesn't officially rollout until 2020, but there are sprinklings of the move happening around the world this year and major economies are already holding 5G spectrum auctions.While 5G is often viewed as a communications theme (and it is), it also has widespread implications for dozens of other industries. Energy, financial services, healthcare, media, retail and transportation are among the everyday industries that will be affected by the deployment of 5G systems.Of course, there are multiple avenues for investors looking to participate in the 5G boom. Not surprisingly, those avenues include 5G ETFs. While the notion of 5G investing is still in its formative stages, there are already some funds that can accurately be deemed "5G ETFs."InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Marijuana Stocks to Play the CBD Trend Here are some if the 5G funds to consider right now. Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF (SRVR)Expense ratio: 0.60% per year, or $60 on a $10,000 investment.Source: Shutterstock There are significant real estate demands associated with the 5G rollout, enhancing the 5G ETF status of the Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF (NYSEARCA:SRVR). Data and infrastructure real estate investment trusts (REITs) are pivotal pieces of the 5G puzzle and SRVR is the only fund explicitly dedicated to those REITs. While some of SRVR's largest holdings also reside in traditional REIT benchmarks, such as the Dow Jones U.S. Real Estate Index, SRVR's exposure to those names is considerably higher. This 5G ETF allocates nearly 48% of its combined weight to American Tower (NYSEARCA:AMT), Equinix (NASDAQ:EQIX) and Crown Castle International (NYSE:CCI). Conversely, those stocks combine for just over 15% of the Dow Jones U.S. Real Estate Index.SRVR had a dividend yield of 3.67% at the end of last year, indicating investors are not sacrificing income to get involved with this REIT/5G ETF. More importantly, SRVR is delivering in terms of performance. This year, SRVR is thumping the largest U.S. REIT ETF by nearly 400 basis points. Defiance Next Gen Connectivity ETF (FIVG)Expense ratio: 0.30% per year, or $30 on a $10,000 investment.The Defiance Next Gen Connectivity ETF (NYSEARCA:FIVG) is one of the first pure-play 5G ETFs and it is also one of the newest ETFs highlighted here after debuting earlier this month. FIVG tracks the BlueStar 5G Communications Index.Holdings in FIVG "are part of the following categories: core carrier grade networking equipment including cellular antennas and routers, mobile network operators, satellite-based communications, enhanced mobile broadband chips, new radio technology, wireless network test and optimization equipment, cloud computing equipment, software defined networking or network functions virtualization, fiber optic cables, or cell tower and/or data center real estate investment trust," according to Defiance ETFs. * 7 Beaten-Up Stocks to Buy as They Reverse Course Beyond an exciting investment thesis, one of the primary sources of allure with FIVG is its expense ratio of 0.30% per year. Among thematic ETFs, of which FIVG is certainly one, that fee is downright cheap. Global X Internet of Things ETF (SNSR)Source: Shutterstock Expense ratio: 0.68% per year, or $68 on a $10,000 investment.The Internet of Things (IoT) is fertile ground for 5G, giving the Global X Internet of Things ETF (NASDAQ:SNSR) plenty of chops as a 5G ETF. Many IoT applications are enhance connectivity, making its intersection with 5G expected and practical."5G is expected to help businesses more effectively manage the ever-increasing quantities of information produced by the Internet of Things, as well as improve the near-instantaneous communication necessary for mission critical services like robotics-assisted surgery or autonomous driving," according to Global X research.SNSR holds 50 stocks with an average market value of nearly $28 billion. Over 30% of the fund's holdings are semiconductor stocks and while IoT, like 5G, is considered a growth theme, the average earnings multiples on SNSR's holdings are reasonable. The ETF's price-to-earnings ratio of 19.80 is just slightly higher than the same ratio on the Nasdaq-100 Index. Communication Services Select Sector SPDR (XLC)Source: Shutterstock Expense ratio: 0.13% per year, or $13 on a $10,000 investment.These days, communication services funds, such as the Communication Services Select Sector SPDR (NYSEARCA:XLC), command more attention for their exposure to stocks such as Facebook (NASDAQ:FB) and Netflix (NASDAQ:NFLX) than they do what these funds used to be. And what they used to be were more traditional telecom funds.Some of that tradition remains as Verizon Communications (NYSE:VZ) and AT&T (NYSE:T) combine for over 9% of XLC's weight, giving this fund some credibility as 5G ETF. Verizon is already offering 5G service in some U.S. Cities. By next year, AT&T expects its 5G service to cover more than 60% of the U.S. Population. * 7 Dual-Class Stocks That Will Outperform Enterprise demand for 5G-related services is expected to be lucrative for AT&T, Verizon and rival carriers, a theme that could enhance XLC's positioning as a 5G ETF. First Trust Nasdaq Smartphone Index Fund (FONE)Source: Moment Expense ratio: 0.70% per year, or $70 on a $10,000 investment.For the time being, the First Trust Nasdaq Smartphone Index Fund (NASDAQ:FONE) is a smartphone fund, but its time as such is limited. On or around May 29, FONE will become a 5G ETF known as the First Trust Indxx NextG ETF and begin tracking the Indxx 5G & NextG Thematic Index."The Index is designed to track the performance of companies that have devoted, or have committed to devote, material resources to the research, development and application of fifth generation ("5G") and next generation digital cellular technologies as they emerge. By utilizing higher frequency radio waves, 5G networks enable significantly increased data rates, reduced latency and high-density connections that were previously unavailable in preceding technological generations," according to a filing with the Securities and Exchange Commission (SEC). FONE's new ticker will be "NXTR." The filing did not include mention of an expense ratio reduction, meaning the new 5G ETF will be pricey relative to its rivals unless the issuer cuts fees down the road.Todd Shriber does not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dual-Class Stocks That Will Outperform * 7 Reasons Why Apple Streaming Won't Move the Needle for Apple Stock * 7 A-Rated Stocks to Buy in the Second Quarter Compare Brokers The post 5 ETFs for the 5G Phenomenon appeared first on InvestorPlace.

  • Beyond FIVG, Another ETF to Give You 5G Exposure
    Zackslast month

    Beyond FIVG, Another ETF to Give You 5G Exposure

    First Trust is re-packaging one of its eight-year-old ETF to give it a 5G tilt.

  • ETF Trendslast month

    Thematic ETFs Offer 5G Exposure

    The debut of 5G, the next-generation communication systems taking the investment community by storm, is not even official yet, but some ETFs are already benefiting. The 5G rollout is expected to commence ...

  • Benzingalast month

    First Trust Hangs Up On Smartphone ETF In Favor Of 5G

    In a recent filing with the U.S. Securities and Exchange Commission, Illinois-based First Trust said FONE will become the First Trust Indxx NextG ETF. First Trust's 5G ETF will remain listed on Nasdaq where FONE has traded since coming to market in February 2011.

  • ETF Trendslast month

    Smartphone ETF Will Become a 5G Fund

    A dedicated 5G ETF debuted earlier this month, but one issuer is reshaping an existing ETF into a 5G fund. The First Trust NASDAQ CEA Smartphone Index Fund (NasdaqGS: FONE) is on its way to becoming a ...

  • Business Wirelast month

    First Trust Nasdaq Smartphone Index Fund Announces Changes to Investment Objective, Fund Name and Ticker Symbol

    First Trust Nasdaq Smartphone Index Fund (FONE) (the “Fund”), an exchange-traded index fund and a series of First Trust Exchange-Traded Fund II (the “Trust”), announced today that the Board of Trustees (“Board”) of the Trust has approved changes to the Fund’s investment objective. On or around May 29, 2019, the Fund will seek investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an index called the Indxx 5G & NextG Thematic Index (the “New Index”). Currently, the Fund seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an index called the Nasdaq CTA Smartphone Index.

  • CNW Grouplast month

    IIROC Trade Resumption - FONE

    IIROC Trade Resumption - FONE

  • CNW Grouplast month

    IIROC Trading Halt - FONE

    IIROC Trading Halt - FONE

  • Investment Options That Can Help Millennials Shed Risk Aversion
    Zacks4 months ago

    Investment Options That Can Help Millennials Shed Risk Aversion

    While millennials are doing a good job of saving in traditional ways, not parking their money in high-return investment options could be a potential mistake.

  • 5 Low P/E Tech ETFs for Investors
    Zacks5 months ago

    5 Low P/E Tech ETFs for Investors

    These tech ETFs still have a low P/E and could be winning picks for investors who still see overvaluation in the broader sector.

  • Why to Cash in on the Slump & Grab Tech ETFs
    Zacks6 months ago

    Why to Cash in on the Slump & Grab Tech ETFs

    Why investors should not worry about the tech slump and dip their toes in tech ETFs.

  • Newsfile6 months ago

    CSE New Listing - Flower One Holdings Commences Trading on the Canadian Securities Exchange - Video News Alert on Investmentpitch.com

    Vancouver, British Columbia--(Newsfile Corp. - October 12, 2018) - Flower One Holdings (CSE: FONE) is the latest new listing on the Canadian Securities Exchange, following a reverse take over with Theia Resources Ltd., which previously traded on the TSX Venture Exchange. The company, though its subsidiary operations, is licensed for medical marijuana cultivation and production, and recreational marijuana cultivation and production in the state of Nevada.InvestmentPitch Media has produced a "video" which provides ...

  • CNW Group6 months ago

    Flower One Commences Trading on the Canadian Securities Exchange (CSE)

    "Over the past ten months, Flower One has demonstrated to its shareholders the Company's ability to execute on our overall business plan," said Ken Villazor , President and CEO. "There have been a series of successive and very significant milestones achieved in a very short timeframe, but today's commencement of trading on the CSE is a pivotal moment for Flower One.

  • CNW Group6 months ago

    Flower One Announces Acquisition of NLV Organics, an Operating Nevada Cultivator and Producer

    TORONTO , Oct. 9, 2018 /CNW/ - Flower One Holdings Inc. ("Flower One" or the "Company") is pleased to announce it has entered into agreements with NLV Organics, Inc. and related parties ("NLVO"), to purchase a 100% interest in a property in North Las Vegas, Nevada , and all of the business' tangible and intangible assets. The acquisition of NLVO's assets also brings to Flower One a team of experienced cultivators and producers and therefore immediate understanding of post-harvest production techniques and supply relationships to over 30 operating dispensaries in the state. NLVO is a fully operational 25,000 square foot cultivation and production facility located in the City of North Las Vegas .

  • CNW Group6 months ago

    Flower One Secures Genetics Licensing and Plant Purchasing Agreement

    TORONTO , Oct. 9, 2018 /CNW/ - Flower One Holdings Inc. ("Flower One" or the "Company") is pleased to announce that it has entered an agreement with its strategic partner NLV Organics Inc. ("NLVO") which provides Flower One with the rights, title and intellectual property of NLVO's full genetic inventory and access to more than 50 strains.  The agreement will also see NLVO provide the required plant material to support Flower One's onboarding of plants into its 400,000 square foot cultivation facility located in the City of North Las Vegas . "Given that Flower One's Nevada greenhouse will be the largest cannabis cultivation facility in the state, it is important to the Company and our shareholders to ensure we have certainty and immediate access to an extensive bank of cannabis strains," said Ken Villazor , President and CEO.  "Flower One is committed to meeting the complex and varied needs of Nevada's strong, tourism-driven cannabis market.  We will do so by leveraging these cannabis strains, working collaboratively with other major players in the Nevada market, and tightly executing on the timely onboarding of plants, which is targeted for Q1 2019.

  • CNW Group6 months ago

    Flower One, Owner of the Largest Greenhouse in Nevada, Receives Recreational Cannabis Licenses and Approval to List on the Canadian Securities Exchange (CSE)

    TORONTO , Oct. 9, 2018 /CNW/ - Flower One Holdings Inc. ("Flower One" or the "Company") is pleased to announce that it has received its recreational marijuana cultivation license and its recreational marijuana production license from the State of Nevada.  Receiving both licenses is a crucial step in the Company's plan to cultivate premium grade cannabis at scale for Nevada's growing cannabis market, using its 400,000 square foot greenhouse and 55,000 square foot production facility, and leveraging the industry's leading agricultural technologies, innovative growing methods and top sustainability practices. "We are sharply focused on quickly becoming the leading cannabis cultivator and producer in the state of Nevada ," said Ken Villazor , President and CEO of Flower One.

  • 'FONE' ETF Calls Up the Smartphone Industry
    Bloomberg7 months ago

    'FONE' ETF Calls Up the Smartphone Industry

    The ETF industry has something for everyone -- the First Trust NASDAQ Smartphone Index ETF (FONE) tracks the performance of companies engaged in the smartphone segment of the communications and technology sectors. In this week's "There's an ETF for That," Bloomberg's Scarlet Fu explains the ins and outs of FONE.

  • InvestorPlace8 months ago

    2 ETF and Stock Takeaways From Back-to-School Shopping Season

    The back-to-school season, the shopping extravaganza between July and September that comes second to holiday shopping, is at its peak. Americans are estimated to spend $27.6 billion this time, per an article published on CNBC. Keeping this in mind, below we highlight a few patterns that have been established in this year’s back-to-school season.Departmental Stores to Gain Upper Hand

  • Top ETF Stories of April
    Zackslast year

    Top ETF Stories of April

    Inside the top ETF events in the month of April.