ALPS O'Shares Global Internet Giants ETF (OGIG)
ALPS O'Shares Global Internet Giants ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Denver, CO, US. The stock last traded at $50.05, down 1.55% on the session, giving a market capitalisation of $108.4M. Its beta of 1.36 implies it has historically moved more than the broad market.
OGIG focuses on internet-related companies that exhibit growth and quality characteristics, with quality defined primarily by the monthly cash burn rate, or how much investor capital is spent per month, and growth define by revenue growth rate. Constituents of the index must derive at least half of their revenues from internet technology and/or internet commerce. Geographically, OGIG is selects its universe of eligible stocks from the 1000 largest US-listed companies, the 500 largest European companies, the 500 largest Pacific basin companies, and the 500 largest emerging-market companies. Holdings are weighted by a combination of market cap and growth rating. The index is rebalanced quarterly and reconstituted semi-annually. On June 17, 2022 ALPS became the fund advisor, adding their reference to the fund name.
ALPS O'Shares Global Internet Giants ETF is most often compared with the following Financial Services names: