A small ETF with even more leverage to Vodafone’s status as both a buyer and target is the SPDR S&P International Telecommunications Sector ETF (NYSEArca: IST). Vodafone is IST’s largest holding at 20.4% of the ETF’s weight. However, Telefonica and Deutsche Telekom combine for over 13% with Orange and Telecom Italia combining for another 4% of the $31.9 million ETF’s weight.
As is the case with U.S. telecom stocks, investors can expect strong yields with global telecom ETFs. IST has a dividend yield of nearly 4% while IXP’s trailing 12-month yield is almost 4.1%.
iShares Global Telecom ETF
ETF Trends editorial team contributed to this post.
