With growth opportunities in network infrastructure businesses, in edge devices and in services, the magnitude - and the time frame - of the 5G transformation along the value chain remains undecided
However, every node of the value chain feel be impacted and reputed ETF providers such as Vanguard Telecommunication Services Index Fund (VOX) have chosen to diversify their holdings (112 as of Feb 2021) across the full range of industries involved in the technological advance
Thematic funds with tightly focused holdings (usually 30 to 50 constituents) present distinct profiles, reflecting the weighting differences in services benefitting from the digital economy and in technology on which 5G deployment depends - each fund needs to be evaluated in its own right, according to its diversification (likely to reduce risk exposure) and its investment insights
The 2 funds with a focus on Chinese companies - CHIC and KFVG - are also invested in fairly small pools of approx. 30 large companies participating in - or contributing to the expansion of the 5G network