Tom Lydon Opines About OGIG And Gold On Fox Business
by AARON NEUWIRTH on APRIL 22, 2020
With everything that’s going on in the world, there are still some ETFs with great holdings involving top internet stocks, which should be seriously considered for investor portfolios. ETF Trends’ CEO Tom Lydon appeared on “The Claman Countdown,” hosted Liz Claman on Fox Business, Wednesday afternoon, to go over FAANG stocks and gold.
The fact is, this virus has changed the way people live, the way they work, and it’s also changed the way they invest. Watching ETF performance and flows can help shed light on really what’s going on. So when it comes to seeking opportunities, looking at the Invesco Nasdaq 100 ETF (QQQ), it’s all about FAANG stocks.
As Lydon explains, it’s the FAANG stocks that have done a great job in bringing the markets back. Google, Amazon, Facebook, Netflix, etc. are all a part of the O’Shares Global Internet Giants ETF (OGIG). This ETF, which also features holdings such as Alibaba and Zoom, has all benefited from the working from home component many employees have had to settle into.
“As we work from home, it’s not that things are stopping, as we’re doing all we can. That in mind, when you think about embracing Microsoft like it never has been before, that’s all part of OGIG,” Lydon states.
Liquid Gold
When asked about the decent rally gold is currently having (up to around $45), Lydon digs into the SPDR Gold Trust (GLD), the biggest, most traded, and most liquid fund. It may not be the cheapest gold ETF; however, it’s held by most people, and easier to buy than the last recession. Central banks from around the world that have been buying up gold for the past few years have helped it reach a 7-year high.
This has all helped continue to show gold, the traditional hedge, as one of those great diversifiers in this current volatile market. Going forward, the biggest thing is how the demand for gold isn’t slowing down.
Read on ETF Trends site.
The outbreak of COVID-19 has negatively affected the worldwide economy, individual countries, individual companies and the market in general. The future impact of COVID-19 is currently unknown, and it may exacerbate other risks that apply to the Funds.
Past performance does not guarantee future results. Short-term performance may often reflect conditions that are likely not sustainable, and thus such performance may not be repeated in the future.
There is no guarantee that any projection, forecast or opinion in this material will be realized. The views expressed may change at any time after the date of this publication.
For standard performance of the Fund, Click Here
OGIG Holdings
| Name (As of 01/18/2021) | Ticker | Sector | Fund Weight | Quantity | CUSIP/ISIN |
|---|---|---|---|---|---|
| Amazon.com Inc | AMZN US | Consumer Discretionary | 5.701% | 13,444.00 | 023135106 |
| Tencent Holdings Ltd | 700 HK | Communication Services | 4.515% | 390,017.00 | KYG875721634 |
| Alibaba Group Holding Ltd | BABA US | Consumer Discretionary | 4.381% | 131,721.00 | 01609W102 |
| Alphabet Inc | GOOGL US | Communication Services | 3.918% | 16,602.00 | 02079K305 |
| Microsoft Corp | MSFT US | Information Technology | 3.263% | 112,335.00 | 594918104 |
| Facebook Inc | FB US | Communication Services | 3.241% | 94,375.00 | 30303M102 |
| Meituan | 3690 HK | Consumer Discretionary | 3.004% | 524,666.00 | KYG596691041 |
| Pinduoduo Inc | PDD US | Consumer Discretionary | 2.647% | 120,196.00 | 722304102 |
| Bilibili Inc | BILI US | Communication Services | 2.327% | 138,875.00 | 090040106 |
| Shopify Inc | SHOP CN | Information Technology | 2.312% | 14,222.00 | CA82509L1076 |
| MercadoLibre Inc | MELI US | Consumer Discretionary | 2.005% | 7,927.00 | 58733R102 |
| Zoom Video Communications Inc | ZM US | Information Technology | 1.951% | 37,131.00 | 98980L101 |
| Roku Inc | ROKU US | Communication Services | 1.833% | 32,858.00 | 77543R102 |
| Crowdstrike Holdings Inc | CRWD US | Information Technology | 1.825% | 60,841.00 | 22788C105 |
| Zalando SE | ZAL GR | Consumer Discretionary | 1.751% | 110,262.00 | DE000ZAL1111 |
| Delivery Hero SE | DHER GR | Consumer Discretionary | 1.750% | 80,853.00 | DE000A2E4K43 |
| Chewy Inc | CHWY US | Consumer Discretionary | 1.536% | 103,997.00 | 16679L109 |
| Snap Inc | SNAP US | Communication Services | 1.528% | 222,273.00 | 83304A106 |
| DocuSign Inc | DOCU US | Information Technology | 1.499% | 44,023.00 | 256163106 |
| Zscaler Inc | ZS US | Information Technology | 1.491% | 51,712.00 | 98980G102 |
| JD.com Inc | JD US | Consumer Discretionary | 1.452% | 121,100.00 | 47215P106 |
| Just Eat Takeaway.com NV | TKWY NA | Consumer Discretionary | 1.401% | 96,806.00 | NL0012015705 |
| NetEase Inc | NTES US | Communication Services | 1.400% | 97,539.00 | 64110W102 |
| Etsy Inc | ETSY US | Consumer Discretionary | 1.379% | 49,386.00 | 29786A106 |
| Twilio Inc | TWLO US | Information Technology | 1.370% | 25,803.00 | 90138F102 |
| Pinterest Inc | PINS US | Communication Services | 1.358% | 142,548.00 | 72352L106 |
| Netflix Inc | NFLX US | Communication Services | 1.302% | 19,145.00 | 64110L106 |
| MongoDB Inc | MDB US | Information Technology | 1.287% | 26,068.00 | 60937P106 |
| ServiceNow Inc | NOW US | Information Technology | 1.283% | 18,277.00 | 81762P102 |
| Ubisoft Entertainment SA | UBI FP | Communication Services | 1.225% | 89,692.00 | FR0000054470 |
| Zynga Inc | ZNGA US | Communication Services | 1.212% | 917,244.00 | 98986T108 |
| Smartsheet Inc | SMAR US | Information Technology | 1.209% | 125,950.00 | 83200N103 |
| Okta Inc | OKTA US | Information Technology | 1.194% | 34,533.00 | 679295105 |
| Kingdee International Software | 268 HK | Information Technology | 1.178% | 2,096,215.00 | KYG525681477 |
| Tencent Music Entertainment Gr | TME US | Communication Services | 1.168% | 384,997.00 | 88034P109 |
| Fastly Inc | FSLY US | Information Technology | 1.133% | 94,024.00 | 31188V100 |
| HelloFresh SE | HFG GR | Consumer Discretionary | 1.109% | 104,497.00 | DE000A161408 |
| Farfetch Ltd | FTCH US | Consumer Discretionary | 1.097% | 138,439.00 | 30744W107 |
| Coupa Software Inc | COUP US | Information Technology | 1.082% | 24,089.00 | 22266L106 |
| salesforce.com Inc | CRM US | Information Technology | 1.067% | 36,651.00 | 79466L302 |
| Wayfair Inc | W US | Consumer Discretionary | 1.066% | 26,003.00 | 94419L101 |
| Adobe Inc | ADBE US | Information Technology | 1.048% | 16,743.00 | 00724F101 |
| Trade Desk Inc/The | TTD US | Information Technology | 1.037% | 9,661.00 | 88339J105 |
| Spotify Technology SA | SPOT US | Communication Services | 1.035% | 23,683.00 | L8681T102 |
| RingCentral Inc | RNG US | Information Technology | 1.021% | 20,048.00 | 76680R206 |
| Xero Ltd | XRO AU | Information Technology | 1.004% | 69,971.00 | NZXROE0001S2 |
| Elastic NV | ESTC US | Information Technology | 0.992% | 44,567.00 | N14506104 |
| Zillow Group Inc | Z US | Communication Services | 0.989% | 52,659.00 | 98954M200 |
| TeamViewer AG | TMV GR | Information Technology | 0.972% | 143,249.00 | DE000A2YN900 |
| Atlassian Corp PLC | TEAM US | Information Technology | 0.944% | 31,011.00 | G06242104 |
| Zendesk Inc | ZEN US | Information Technology | 0.930% | 47,481.00 | 98936J101 |
| Wix.com Ltd | WIX US | Information Technology | 0.887% | 26,918.00 | M98068105 |
| Anaplan Inc | PLAN US | Information Technology | 0.852% | 87,925.00 | 03272L108 |
| Splunk Inc | SPLK US | Information Technology | 0.805% | 34,682.00 | 848637104 |
| Avalara Inc | AVLR US | Information Technology | 0.793% | 36,920.00 | 05338G106 |
| HubSpot Inc | HUBS US | Information Technology | 0.783% | 14,905.00 | 443573100 |
| Palo Alto Networks Inc | PANW US | Information Technology | 0.775% | 15,544.00 | 697435105 |
| Workday Inc | WDAY US | Information Technology | 0.710% | 23,340.00 | 98138H101 |
| Match Group Inc | MTCH US | Communication Services | 0.671% | 32,552.00 | 57667L107 |
| Nexon Co Ltd | 3659 JP | Communication Services | 0.667% | 158,157.00 | JP3758190007 |
| Baidu Inc | BIDU US | Communication Services | 0.663% | 20,310.00 | 056752108 |
| Fortinet Inc | FTNT US | Information Technology | 0.637% | 31,842.00 | 34959E109 |
| Z Holdings Corp | 4689 JP | Communication Services | 0.558% | 604,677.00 | JP3933800009 |
| Twitter Inc | TWTR US | Communication Services | 0.514% | 83,279.00 | 90184L102 |
| Activision Blizzard Inc | ATVI US | Communication Services | 0.466% | 37,617.00 | 00507V109 |
| Intuit Inc | INTU US | Information Technology | 0.461% | 9,088.00 | 461202103 |
| Booking Holdings Inc | BKNG US | Consumer Discretionary | 0.432% | 1,493.00 | 09857L108 |
| VMware Inc | VMW US | Information Technology | 0.317% | 17,217.00 | 928563402 |
| eBay Inc | EBAY US | Consumer Discretionary | 0.297% | 39,255.00 | 278642103 |
| Electronic Arts Inc | EA US | Communication Services | 0.260% | 13,691.00 | 285512109 |
| USD CURNCY | USD CURNCY | 0.022% | 161,930.91 | ||
| Ocado Group PLC | OCDO LN | Consumer Discretionary | 0.009% | 188,352.00 | GB00B3MBS747 |