The massive streaming sector now has its first exchange traded fund, the Roundhill Streaming Services & Technology ETF
"Media streaming continues to grow rapidly as more consumers abandon traditional media and subscribe to a select number of streaming services. This transition, accelerated over recent years, has taken place across multiple industries including video, audio, and even gaming," said Mario Stefanidis, Roundhill Investments portfolio manager, in a statement.
SUBZ primary holdings consist of global companies that are actively involved in the online streaming market. This includes both companies that operate direct-to-consumer streaming services and companies that create infrastructure or technology necessary to facilitate streaming, according to Roundhill. That means that beyond video streaming platforms, SUBZ is also designed to hold audio streaming companies like Spotify
The fund is actively managed at an expense ratio of 0.75% and is designed to provide exposure to the winners of the streaming market. Its top ten holdings from highest to lowest weight: Netflix (5.96%), Roku (5.96%), Spotify (5.73%), Tencent Music (5.62%), J-Stream (5.04%), China's Kuaishou (4.71%), Korea's afreecaTV (4.68%), FuboTV
For investors looking for streaming exposure with more broad technology holdings, the ARK Next Generation Internet ETF
ARKW components are "focused on and expected to benefit from shifting the bases of technology infrastructure to the cloud, enabling mobile, new and local services, such as companies that rely on or benefit from the increased use of shared technology, infrastructure and services, internet-based products and services, new payments methods, big data, the internet of things, and social distribution and media," according to ARK Invest.
This fund provide exposure in company that either develop, produce or enable cloud computing and cyber security, ecommerce, big data and artificial intelligence, mobile technology and internet of things, social platforms, and blockchain. ARKW is offers a range of 35-50 holding at an expense ratio of 79%, with its top ten holdings notably include Tesla
ARKW currently has $5.27 billion assets under management and is up about 27% for its year-to-date.
