NEW YORK--(BUSINESS WIRE)--Today, Defiance ETFs, a thematic ETF provider, announced that its Defiance Next Gen Connectivity ETF (FIVG) ranked #1 across all 5-star Overall ratings funds from Morningstar in the communications sector over a 3-year period, based on risk-adjusted returns as of 9/30/22. FIVG was rated #1 among 42 funds in the U.S. communications sector.
“FIVG represents the next generation of 5G communications and has become a core portfolio allocation, replacing other ETFs representing the communications sector. In contrast to the Global Industry Classification Standard reclassification, which overweights names like Meta, Google and Netflix, the FIVG ETF focuses on stocks building out the rollout of 5G’s unprecedented connectivity and the overall communications ecosystem,” says Chief Executive Officer of Defiance ETFs Sylvia Jablonski.
About Defiance ETFs
Defiance’s dynamic suite of thematic ETFs allows retail and institutional investors to express a targeted view on dynamic sectors that are leading the way in disruptive innovations.
The Funds' investment objectives, risks, charges, and expenses must be considered carefully before investing. The prospectus contains this and other important information about the investment company. Please read carefully before investing. A hard copy of the prospectuses can be requested by calling 833.333.9383.
FIVG is distributed by Foreside Fund Services, LLC.
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