Global telecommunication stocks and exchange traded funds (ETFs) have fared well this year. The international-focused ETF iShares S&P Global Telecommunications Fund (IXP) has done superbly compared with some of its domestic counterparts.  IXP is up 25.9% year-to-date, while iShares Dow Jones U.S. Telecom (IYZ) is up 2.5%. IXP invests in stocks from dozens of countries, keeping around 70% of assets foreign, reports Don Dion for Seeking Alpha. Whether IXP will continue its rally is up to its two largest holdings, Vodafone (VOD) and AT&T (T). Together, they make up around 28% of the fund’s assets. Consider that this ETF offers growth, invests in shares of large companies with good cash flows and doesn’t move in step with the U.S. economy.

Phoneetfs

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.