Latest news with #XiaomiCorporation
Yahoo
26-05-2025
- Business
- Yahoo
Should You Invest in the First Trust Indxx NextG ETF (NXTG)?
Looking for broad exposure to the Technology - Telecom segment of the equity market? You should consider the First Trust Indxx NextG ETF (NXTG), a passively managed exchange traded fund launched on 02/17/2011. An increasingly popular option among retail and institutional investors, passively managed ETFs offer low costs, transparency, flexibility, and tax efficiency; they are also excellent vehicles for long term investors. Sector ETFs are also funds of convenience, offering many ways to gain low risk and diversified exposure to a broad group of companies in particular sectors. Technology - Telecom is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 8, placing it in top 50%. The fund is sponsored by First Trust Advisors. It has amassed assets over $364.44 million, making it one of the average sized ETFs attempting to match the performance of the Technology - Telecom segment of the equity market. NXTG seeks to match the performance of the INDXX 5G & NEXTG THEMATIC INDEX before fees and expenses. The Indxx 5G & NextG Thematic Index tracks the performance of companies engaged in the smartphone segment of the telecom and technology sectors. When considering an ETF's total return, expense ratios are an important factor, and cheaper funds can significantly outperform their more expensive counterparts in the long term if all other factors remain equal. Annual operating expenses for this ETF are 0.70%, making it one of the more expensive products in the space. It has a 12-month trailing dividend yield of 1.45%. It is important to delve into an ETF's holdings before investing despite the many upsides to these kinds of funds like diversified exposure, which minimizes single stock risk. And, most ETFs are very transparent products that disclose their holdings on a daily basis. Looking at individual holdings, Xiaomi Corporation (class B) ( accounts for about 2.14% of total assets, followed by Nec Corporation ( and Zte Corporation (class H) ( The top 10 holdings account for about 15.71% of total assets under management. The ETF has added about 6.80% so far this year and was up about 16.26% in the last one year (as of 05/26/2025). In that past 52-week period, it has traded between $74.67 and $92.10. The ETF has a beta of 0.87 and standard deviation of 17.76% for the trailing three-year period. With about 109 holdings, it effectively diversifies company-specific risk. First Trust Indxx NextG ETF carries a Zacks ETF Rank of 3 (Hold), which is based on expected asset class return, expense ratio, and momentum, among other factors. Thus, NXTG is a reasonable option for those seeking exposure to the Technology ETFs area of the market. Investors might also want to consider some other ETF options in the space. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report First Trust Indxx NextG ETF (NXTG): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
25-05-2025
- Automotive
- Yahoo
Xiaomi to Launch YU7 Electric SUV in July
On Thursday, Xiaomi Corporation (OTC:XIACY) founder and CEO Lei Jun announced that the company will begin selling its YU7 electric SUV in July. This new model is positioned as a direct competitor to Tesla's best-selling Model Y in China. Xiaomi is the world's third-largest smartphone maker, which recently ventured into the automotive sector and revealed specifications for its second EV model during an event. While Xiaomi did not disclose official pricing or begin pre-orders for the YU7, Lei Jun drew direct comparisons to Tesla's Model Y during his presentation. For instance, the YU7 boasts a driving range of up to 835 kilometers per charge, which exceeds the redesigned Model Y's range of up to 719 kilometers, which was launched in January. Lei Jun suggested that the YU7's configurations, compared to the Model Y's starting price of 263,500 yuan, would typically make it 60,000-70,000 yuan more expensive, but stated that the final price would be revealed in July. Xiaomi entered the auto market last year with its sporty SU7 EV, which was stylistically influenced by Porsche and priced below Tesla's Model 3. Since December, the SU7 has consistently outsold Tesla's Model 3 in China every month, with deliveries exceeding 258,000 units since its launch. However, new orders for the SU7 have reportedly declined following a fatal highway crash at the end of March involving an SU7 in driving-assistance mode, compounded by customer complaints of false advertising, for which Xiaomi Corporation (OTC:XIACY) has apologized. While we acknowledge the potential of XIACY to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than XIACY and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
25-05-2025
- Automotive
- Yahoo
Xiaomi to Launch YU7 Electric SUV in July
On Thursday, Xiaomi Corporation (OTC:XIACY) founder and CEO Lei Jun announced that the company will begin selling its YU7 electric SUV in July. This new model is positioned as a direct competitor to Tesla's best-selling Model Y in China. Xiaomi is the world's third-largest smartphone maker, which recently ventured into the automotive sector and revealed specifications for its second EV model during an event. While Xiaomi did not disclose official pricing or begin pre-orders for the YU7, Lei Jun drew direct comparisons to Tesla's Model Y during his presentation. For instance, the YU7 boasts a driving range of up to 835 kilometers per charge, which exceeds the redesigned Model Y's range of up to 719 kilometers, which was launched in January. Lei Jun suggested that the YU7's configurations, compared to the Model Y's starting price of 263,500 yuan, would typically make it 60,000-70,000 yuan more expensive, but stated that the final price would be revealed in July. Xiaomi entered the auto market last year with its sporty SU7 EV, which was stylistically influenced by Porsche and priced below Tesla's Model 3. Since December, the SU7 has consistently outsold Tesla's Model 3 in China every month, with deliveries exceeding 258,000 units since its launch. However, new orders for the SU7 have reportedly declined following a fatal highway crash at the end of March involving an SU7 in driving-assistance mode, compounded by customer complaints of false advertising, for which Xiaomi Corporation (OTC:XIACY) has apologized. While we acknowledge the potential of XIACY to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than XIACY and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
