The Global X Data Center & Digital Infrastructure ETF (VPN) is an exchange-traded fund designed to provide exposure to companies operating the digital infrastructure that supports data storage, processing, and connectivity. The ETF is managed by Global X ETFs and trades under the ticker VPN on the Nasdaq.

Classified as a thematic equity ETF, the fund invests in businesses involved in data centers, digital infrastructure REITs, communication towers, fiber-optic networks, and other assets that underpin the digital economy. Its strategy focuses on a sector benefiting from the continued growth of cloud computing, artificial intelligence, and global data consumption.

The ETF follows a passive management approach and seeks to replicate the performance of an index composed of companies involved in digital infrastructure and data-center operations, providing targeted exposure to an increasingly important segment of the modern economy.

Diversification and sector exposure

VPN provides exposure primarily associated with:

• Data centers.

• Digital infrastructure REITs.

• Communication towers.

• Fiber-optic networks.

• Cloud computing.

• Artificial intelligence.

• Technology infrastructure.

• Specialized real estate.

The portfolio includes companies responsible for developing and operating the physical infrastructure that enables cloud services, digital communications, and large-scale data processing.

The ETF’s performance is closely tied to growing demand for computing capacity, data storage, and network connectivity, trends supported by artificial intelligence, cloud adoption, streaming services, and ongoing digital transformation.

Structure and costs

VPN shares trade on the secondary market on the Nasdaq during regular trading hours. Share creation and redemption occur through authorized participants, a mechanism intended to help align the ETF’s market price with its net asset value (NAV).

The fund charges a management fee as outlined in its prospectus and does not apply a performance fee. Dividends paid by REITs and other portfolio companies may be distributed periodically to shareholders according to the fund’s distribution policy.

History and evolution of the ETF

The Global X Data Center & Digital Infrastructure ETF was launched in 2024 with the objective of providing investors exposure to the companies building and operating the physical infrastructure behind the digital economy.

Since inception, the fund has tracked a sector supported by rapid growth in artificial intelligence, cloud computing, telecommunications infrastructure, and the increasing demand for data storage and processing.

In recent years, rising investment in AI infrastructure, hyperscale data centers, and digital connectivity has further increased the importance of the companies represented in the ETF’s portfolio, trends that continue to shape the industry's long-term outlook.

Additional Information

Global X Data Center & Digital Infrastructure ETF (United States) is an exchange-traded fund (ETF), with assets under management totaling $2.30 billion.

Over the past 12 months, Global X Data Center & Digital Infrastructure ETF recorded a return of 32.51%, with its price trading between $0.00 and $31.92 during the same period.

The ETF is traded under the ticker VPN.