Defiance launched its 5G Next Gen Connectivity ETF (FIVG), which tracks shares of networking companies, satellite operators, cellphone towers, data centers and other tech plays, in March 2019.
Though Covid-19 accelerated the transition to 5G connectivity, it's nowhere near over, Defiance ETFs' chief investment officer, Sylvia Jablonski, told CNBC's "ETF Edge" on Monday.
Defiance lays out five key 5G applications in its investment thesis for FIVG: smart cars, smart power grids, smart health care, AI-assisted living and drones.
With carriers aiming to bring 5G to 5,000 U.S. cities by the end of 2021 — up from around 70 right now — that future may be closer than we think, Jablonski said.
Chinese telecom giant Huawei said Tuesday it would begin charging smartphone companies for its patented 5G technology.