- WFH behaviours continues to boost Cloud spending post-COVID - rising to $500bn within 2 years. [1]
- ITEK’s March rebalance - in line with Article 8 screening. [2]
- 110 Equal Weightings limited the fallout from higher rate cycle and Ukraine War volatility.
- Top contributors this month - represent mostly Cybersecurity (6.9% up), Digital Entertainment (-1.2%) and Future Cars (-2%). Oil spiking over $100/barrel likely to pushing EV car adoption rates. [3]
- Ukraine War is boosting demand for Cybersecurity and Cloud services – often in a combined package.
- Best performing holdings: Cyberark (Cybersec) 24.1%, Trade Desk (Digital Entertainment) 22.7%, Cloudflare (Cloud) 20.8%, CheckPoint (Cybersec) 19.7%, Li Auto (Future Cards) 17.1% and Varonis (Cybersec) 17.0%.
- Blockchain holdings – Riot and Marathon both posted gains – 8.1% and 7.7% respectively. [4]
- ITEK’s global mix reduces volatility - US weighting 56.7%, China 14.8%, Canada 5.2%, Japan 6.4%, Germany 4.7%. [3]
- Top 5 holdings equal just 8.2%, and Top 10 only 14.52% of the portfolio. [2]
- Unlike Nasdaq (100% US focused and Top 5 holdings almost 40%) - ITEK’s FAANG weight is under 8% and all holdings are equal weighted. [5]
Please note that all performance figures are showing net data. Past performance is not an indicator for future results and should not be the sole factor of consideration when selecting a product.
Macro Outlook
- Ukraine war and big recent US cyber-attacks SolarWinds, Colonial Pipeline and Meat factories - driving demand to upgrade cybersecurity:
- Cyber losses grew to $1.8bn (2020), a 50% increase compared to 2019 [6]
- 30,000 websites were hacked daily - every 39 seconds (2020) [7]
- Biden’s stimulus/budget Boosting spending on Future Cars ($174bn), Cybersecurity & Genomics (tackling cancer & mainstream diseases) [8]
- Google acquired Mandiant for $5.4bn - boosting its Cloud security capability. [9]
- Microsoft acquired gaming company Activision Blizzard for almost $70bn – big drive into Digital/Cloud Gaming [10]
- Gaming most dynamic Digital Entertainment category - 4X larger than Hollywood movies. [11]
- Digital Healthcare attracting Big Tech deals – follows Oracle's $30bn Cerner data acquisition. [12]
- Follows recent Microsoft & Google hospital data deals. [13]
- China EV sales more than double in 2021 – up 154%. [14]
- Cloud computing set to double revenues by 2028 – boosted by WFH & Cybersecurity. [15]
February Subtheme Returns (28.02.2022)
|
Contribution
|
Total Return (%)
|
% Average Weight
|
% Performance of Category
|
|
Blockchain
|
0.04
|
9.90
|
0.40
|
|
Robotics & Automation
|
-0.31
|
17.26
|
-1.80
|
|
Genomics
|
0.06
|
13.22
|
0.45
|
|
Cybersecurity
|
0.91
|
13.20
|
6.89
|
|
Future Cars
|
-0.28
|
14.02
|
-2.00
|
|
Digital Entertainment
|
-0.15
|
12.87
|
-1.17
|
|
Cloud Computing
|
-0.60
|
13.85
|
-4.33
|
|
Social Media
|
-1.09
|
5.59
|
-19.50
|
Source: Solactive (28.02.2022) For illustrative purposes only. Please note that all performance figures are showing net data.
Equally Weighted ETF and Index Performance (As of 28.02.2022)
|
|
1M
|
3M
|
6M
|
YTD
|
1Y
|
2Y
|
3Y
|
SI
|
|
HAN-GINS Tech Megatrend UCITS ETF
|
-1.43%
|
-20.66%
|
-20.62%
|
-15.23%
|
-16.98%
|
53.55%
|
65.32%
|
70.66%
|
|
Solactive Innovative Technologies Index (NTR)
|
-1.39%
|
-20.57%
|
-20.47%
|
-15.17%
|
-16.58%
|
54.88%
|
67.60%
|
73.48%
|
Past performance for the index is in USD. Past performance is not an indicator for future results and should not be the sole factor of consideration when selecting a product. Investors should read the prospectus of the Issuer (“Prospectus”) before investing and should refer to the section of the Prospectus entitled ‘Risk Factors’ for further details of risks associated with an investment in this product. Source: Bloomberg / HANetf. Data as of 28/02/2022. Please note that all performance figures are showing net data.
Learn more about our Equally Weighted ETF
Download the PDF