KNCT vs SNSR: Grades, Fees and Holdings Compared

Invesco Next Gen Connectivity ETF

KNCTBNYSE Arca

Global X Internet of Things ETF

SNSRCNasdaq

Overlap

6.0%by weight

Expense ratio

KNCT −0.28pt a year

KNCT0.40%SNSR0.68%

Avg volume · 30D

SNSR 5.1×the volume

KNCT3.12KSNSR15.9K

10Y return · a year

KNCT +5.0pt

KNCT+17.8%SNSR+12.8%

KNCT vs SNSR Performance

Oct 29, 2021 – Oct 30, 2026

+97.7%KNCT+26.4%SNSR

Expense ratio: KNCT 0.40%, better; SNSR 0.68%
Fund size: KNCT $145M; SNSR $196M
1Y total return: KNCT +33.2%, better; SNSR +21.2%
Yield (12M): KNCT 0.91%, better; SNSR 0.49%
Holdings: KNCT 108; SNSR 72
Avg volume (30D): KNCT 3.12K sh; SNSR 15.9K sh, better
NAV per share: KNCT $183.32; SNSR $46.46
52W range

ETF.net Grade

Pillar letters and Scores for KNCT, SNSR, with each pillar’s weight
Pillar	KNCT	SNSR
Cost30% weight	A81Higher	C40
Mission25% weight	Not scored	Not scored
Risk15% weight	B55Higher	D37
Tradability15% weight	B60Higher	B56
Holdings10% weight	C40	C52Higher
Durability5% weight	B65	B69Higher

Rank among Metaverse & Connectivity funds

How we build Categories ›

Same Category. KNCT and SNSR are both graded against the same 6 Metaverse & Connectivity funds, so their Grades compare head to head.

Metaverse & Connectivity⁠

Category · 6 funds

See all 6 ›

KNCT ranks 1st and SNSR 5th of 6 funds in the Metaverse & Connectivity Category.

Rank 1BKNCTInvesco Next Gen Connectivity ETFScore 65
Rank 2BFMETFidelity Metaverse ETFScore 60
Rank 4CMETVRoundhill Metaverse ETFScore 48
Rank 5CSNSRGlobal X Internet of Things ETFScore 46
Rank 6DARVRFirst Trust Indxx Metaverse ETFScore 36

Our read on each fund

ETF.net Research

KNCTBInvesco Next Gen Connectivity ETF

SNSRCGlobal X Internet of Things ETF

In short

KNCT A next-gen connectivity theme sitting on an unusually old ticker: KNCT dates to 2005. Today it tracks a global index of roughly 100 connectivity names for 0.40% a year.

SNSR The ticker is the thesis: sensors. SNSR has tracked a single Internet of Things index since 2016, buying the roughly 70 developed-market names that build the chips, sensors and connected hardware behind smart everything.

Stated mandate

KNCT The fund is designed to follow the STOXX World AC NexGen Connectivity Index and normally invests at least 90% of its total assets in common stocks included in that Index.

SNSR The fund seeks to track, before fees and expenses, the price and yield performance of the Indxx Global Internet of Things Thematic Index. It invests at least 80% of assets in securities represented by that index and targets companies facilitating the Internet of Things.

Why people hold it

KNCT 0.40% a year undercuts what global thematic funds typically charge, so less of the theme's upside leaks out as fees.
Rules, not hunches: normally at least 90% of assets sit in common stocks from the STOXX World AC NexGen Connectivity Index.invesco.com
Global mandate rather than a US-only tech sleeve, spread across roughly 100 holdings, with distributions paid quarterly.
An operating history running back to 2005, a long resume in a category where most theme funds are only a few years old.

SNSR A written mandate, not a hunch: at least 80% of assets sit in the Indxx Global Internet of Things Thematic Index, aimed at companies that facilitate the Internet of Things.globalxetfs.com
Running since 2016, which makes it one of the longer-tenured pure-play theme funds. You can study how connected-device stocks actually behaved, not a backtest.
About 70 developed-market stocks means the theme actually shows up in returns, instead of being diluted inside a broad tech index.

Worth knowing

KNCT Thinly traded. Spreads can widen and quotes get jumpy, especially away from the market's busiest hours.
One theme, roughly 100 stocks. The ride can look nothing like a broad global index in either direction.
Asset base is modest by ETF standards, which is worth knowing for anyone sizing a large position.

SNSR The 0.68% expense ratio runs above the median for global thematic ETFs, and some peers charge far less (KLMT at 0.10%, IQSZ at 0.19%) for broader global baskets.
A mid-sized fund that trades lighter than the headline thematic names, so spreads and order type matter more than they would in a giant.
Income is not the design here: distributions come on an annual or semiannual schedule, and the concentrated basket rides hardware and semiconductor sentiment.

Full KNCT profile⁠

Full SNSR profile⁠

KNCT vs SNSR Holdings

As of Oct 13, 2026

How KNCT and SNSR differ

Overlap by weight

6.0%

Shared holdings make up 15.5% of SNSR and 7.6% of KNCT.

Level by level

Holdings6 in both6.0%
Countryby domicile74.1%
Sector7 Sectors79.5%
Asset classEquity100%

Sector

Sector weights in KNCT and SNSR, widest gap first
Sector	More in KNCTMore in SNSR	KNCT	SNSR
Industrials	SNSR +12.1 points	0.5%	12.6%
Communication	KNCT +9.5 points	10.3%	0.8%
Technology	KNCT +7.7 points	85.9%	78.2%
Health Care	SNSR +6.5 points	0.0%	6.5%
Real Estate	KNCT +3.3 points	3.3%	0.0%
Materials	SNSR +1.9 points	0.0%	1.9%
Financials	Same weight	0.0%	0.0%

Country, concentration and asset class

Country by domicile

Country weights in KNCT and SNSR, widest gap first
Country	More in KNCTMore in SNSR	KNCT	SNSR
United States	KNCT +11.1 points	71.0%	59.9%
South Korea	KNCT +10.7 points	11.0%	0.3%
Switzerland	SNSR +8.0 points	0.0%	8.0%
Singapore	SNSR +7.3 points	0.0%	7.3%
Taiwan	SNSR +3.1 points	9.8%	12.9%
France	SNSR +2.2 points	0.2%	2.4%
China	SNSR +1.3 points	0.9%	2.2%
Norway	SNSR +1.2 points	0.1%	1.3%
Other countries (15)	KNCT +1.3 points	7.0%	5.7%

Outside the US: KNCT 20% developed, 80% emerging. SNSR 60% developed, 40% emerging.

Concentration

Weight in the 10 largest Holdings

KNCT57.6%
SNSR49.6%

Securities held

KNCT103
SNSR71

Asset class

KNCT: Equity
SNSR: Equity

Holdings

Only in KNCT97
In both6
Only in SNSR65

Only in KNCT

97 securities, 92.2% of KNCT by weight

Apple Inc8.77%
Taiwan Semiconductor Manufacturing Co Ltd7.88%
Broadcom Inc7.85%
Micron Technology Inc7.84%
Samsung Electronics Co Ltd5.92%
SK hynix Inc5.09%
Intel Corp4.24%
Palo Alto Networks Inc3.34%
Crowdstrike Holdings Inc2.86%
Arista Networks Inc2.12%
Marvell Technology Inc2.06%
Verizon Communications Inc1.95%
Amphenol Corp1.54%
AT&T Inc1.52%
Equinix Inc1.10%
Cloudflare Inc1.08%
Synopsys Inc0.98%
Accenture PLC0.98%
Datadog Inc0.96%
Fortinet Inc0.93%
American Tower Corp0.93%
Lumentum Holdings Inc0.89%
Cadence Design Systems Inc0.85%
T-Mobile US Inc0.76%
Motorola Solutions Inc0.74%
SoftBank Group Corp0.71%
Deutsche Telekom AG0.71%
Bharti Airtel Ltd0.70%
Digital Realty Trust Inc0.69%
Nokia Oyj0.55%
Astera Labs Inc0.54%
Ciena Corp0.53%
Comcast Corp0.50%
Coherent Corp0.47%
United Microelectronics Corp0.46%
NetApp Inc0.46%
TE Connectivity PLC0.46%
KDDI Corp0.42%
Keysight Technologies Inc0.42%
Crown Castle Inc0.41%
Okta Inc0.40%
Xiaomi Corp0.37%
ARM Holdings PLC0.35%
Telefonaktiebolaget LM Ericsson0.35%
Microchip Technology Inc0.35%
NEC Corp0.33%
MongoDB Inc0.33%
Credo Technology Group Holding Ltd0.33%
Fujikura Ltd0.32%
Vodafone Group PLC0.31%

Only in SNSR

65 securities, 84.4% of SNSR by weight

Stmicroelectronics NV7.42%
Advantech Co Ltd6.43%
Dexcom Inc5.86%
Garmin Ltd5.35%
Samsara Inc-Cl A4.91%
Mediatek Inc4.18%
Skyworks Solutions Inc3.93%
Silicon Laboratories Inc2.41%
Ememory Technology Inc2.21%
Sensata Technologies Holdplc2.03%
Analog Devices Inc1.98%
Impinj Inc1.90%
Emerson Electric Co1.83%
Johnson Controls Internation1.82%
Abb Ltd-Reg1.81%
Schneider Electric SE1.63%
Adt Inc1.63%
Synaptics Inc1.53%
Belden Inc1.35%
Nxp Semiconductors NV1.30%
Badger Meter Inc1.27%
Itron Inc1.27%
Nordic Semiconductor Asa1.20%
Rockwell Automation Inc1.11%
Renesas Electronics Corp0.97%
Legrand SA0.94%
Hms Networks Ab0.93%
Digi International Inc0.93%
Ambarella Inc0.92%
Alarm.com Holdings Inc0.91%
Innoscience Suzhou Technol-H0.79%
Ams-Osram AG0.79%
Shanghai Sunmi Technology -H0.71%
Honeywell International Inc0.71%
Karooooo Ltd0.63%
Landis & Gyr Group AG0.60%
Blackberry Ltd0.57%
Ptc Inc0.53%
Kontron AG0.50%
Axera Semiconductor Co Ltd-H0.49%
Iridium Communications Inc0.47%
Semtech Corp0.47%
Arlo Technologies Inc0.43%
Nve Corp0.39%
Beta Bionics Inc0.39%
Plejd Ab0.34%
Globalstar Inc0.34%
Idec Corp0.31%
Lg Cns Co Ltd0.28%
Optex Group Co Ltd0.27%

Weight gaps

All 6 Holdings in both funds, largest gap first.

Holding weights in KNCT and SNSR, widest gap first
Holding	More in KNCTMore in SNSR	KNCT	SNSR
Lattice Semiconductor CorpLSCC	SNSR +5.39 points	0.16%	5.55%
Rambus IncRMBS	SNSR +3.48 points	0.11%	3.59%
Cisco Systems IncCSCO	KNCT +1.52 points	3.84%	2.32%
GLOBALFOUNDRIES IncGFS	SNSR +0.55 points	0.06%	0.61%
International Business Machines CorpIBM	KNCT +0.16 points	1.58%	1.42%
QUALCOMM IncQCOM	SNSR +0.15 points	1.90%	2.05%

All 101 KNCT holdings⁠All 70 SNSR holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

KNCT vs SNSR Cost

Overpaying SNSR vs KNCT

$5,162

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

KNCT 0.40%
$8,090
SNSR 0.68%
$13,252

Amount$10,000

Years30 years

Cost over time

KNCT 0.40%
SNSR 0.68%
Overpaying

Year by year

Year	KNCT	SNSR	Overpaying
10	$723	$1,215	$492
20	$2,793	$4,633	$1,840
30	$8,090	$13,252	$5,162

Expense ratio

0.40%KNCT, cheaper
0.68%SNSR

KNCT0.40%SNSR0.68%

0.39%0.70%

Middle half of Metaverse & Connectivity funds
Median 0.64%

KNCT 2nd cheapest of 6 funds

SNSR 4th cheapest of 6 funds

KNCT vs SNSR Dividends

Last 12 months to Oct 30, 2026

Yield (12M): KNCT 0.91%, better; SNSR 0.49%
Payout (12M): KNCT $1.64; SNSR $0.23
Last payment: KNCT $0.72; SNSR $0.08
Ex-dividend: KNCT Sep 21, 2026; SNSR Jun 29, 2026
Paid on: KNCT Sep 25, 2026; SNSR Jul 7, 2026
Frequency: KNCT Quarterly; SNSR Twice a year

Distribution history

Per share, 2017 to 2026, same scale for both

KNCTQuarterly · 31 paymentsAll KNCT payments⁠

SNSRTwice a year · 16 paymentsAll SNSR payments⁠

KNCT vs SNSR Risk

Fall from peak · 5 years

KNCT
SNSR

Risk facts

VolatilityStd dev, 3 years: KNCT 24.3%SNSR 22.5%, better
Return per unit of riskSharpe ratio, 3 years: KNCT 1.18, betterSNSR 0.68
Worst fallMax drawdown, 5 years: KNCT −34.6%, betterSNSR −38.0%
Market sensitivityBeta, 5 years: KNCT 1.37SNSR 1.68; Market = 1

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