- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- United States of America
- IPO Date
- Oct 29, 2020
- Business
- Global X Data Center REITs & Digital Infrastructure ETF (VPN) is an exchange-traded fund that seeks to correspond to the price and yield performance, before fees and expenses, of the Solactive Data Center REITs & Digital Infrastructure Index, a market-cap-weighted index of global equities involved in data center real estate investment trusts and related digital infrastructure companies. The ETF provides exposure to companies operating data centers and digital infrastructure expected to benefit from trends such as 5G deployment, next-generation communication networks, generative AI adoption, mobile connectivity, and smart grids; key holdings include data center REITs like Equinix Inc. (EQIX), Digital Realty Trust Inc. (DLR), American Tower Corp. (AMT), Crown Castle Inc. (CCI), and Keppel DC REIT, as well as digital infrastructure providers such as GDS Holdings Ltd., NEXTDC Ltd., Applied Digital Corp., and semiconductor firms like Winbond Electronics Corp. and NVIDIA Corp. VPN targets investors seeking growth in the data center sector, with portfolio allocations across information technology (approximately 50%), real estate (approximately 47%), and other segments; it operates globally, with holdings spanning the United States, Asia-Pacific (Singapore, Australia, Taiwan, China, Indonesia), and emerging markets.
Launched in October 2020 by Global X ETFs and listed on Nasdaq under the original ticker VPN, the fund underwent a significant rebranding in April 2024 to the Global X Data Center & Digital Infrastructure ETF with new ticker DTCR in certain markets, reflecting an expanded focus on broader digital infrastructure amid surging demand from AI and data processing needs. Recent portfolio adjustments in 2025 include increased positions in high-growth holdings like Applied Digital Corp., Marvell Technology Inc., ARM Holdings PLC, and Sunevision Holdings Ltd., alongside reductions in select international telecom tower firms such as PT Sarana Menara Nusantara Tbk. and PT Dayamitra Telekomunikasi Tbk., to optimize exposure to AI-driven data center expansion. Global data center revenues underlying the theme are projected to grow from $416 billion in 2024 to $624 billion by 2029, supporting the ETF's strategic emphasis on this high-growth area.
Global X ETFs, the fund provider founded in 2008 and headquartered at 605 Third Avenue in New York, New York, operates as a subsidiary of Mirae Asset Financial Group and manages a diverse lineup of over 90 thematic, income, and commodity ETFs with approximately $40 billion in assets under management. VPN shares trade on multiple exchanges including Nasdaq, the London Stock Exchange (LSE:VPN), and Milan (MIL:VPN), with a total expense ratio of 0.50%, accumulating distribution policy, and domicile in Ireland for its UCITS version (ISIN IE00BMH5Y327). The ETF maintains a fund size of around $476 million as of late 2025, with weighted average market capitalization of $182 billion, price-to-earnings ratio of 28.10 (2024), and beta of 1.23 versus the S&P 500.