Defiance Next Gen Connectivity ETF (FIVG)

FIVG was a thematic exchange-traded fund from Defiance ETFs that invested in companies tied to 5G wireless networks. Its holdings included chipmakers, network equipment suppliers, cell tower owners and other firms building out next-generation connectivity. The fund tracked an index of these companies rather than picking stocks actively. It was co-managed with Penserra Capital Management.

Defiance launched the fund in March 2019 and marketed it as the first ETF dedicated to the 5G theme. It drew strong inflows as wireless carriers began rolling out 5G networks, and assets grew to several hundred million dollars. The fund became Defiance's flagship product in its early years.

As the 5G buildout matured, Defiance broadened the branding toward connectivity technology in general. Effective July 22, 2024, the fund was renamed the Defiance Connective Technologies ETF and its ticker changed from FIVG to SIXG, a nod to future 6G networks. The fund's investment objective, strategy and management team stayed the same. Shareholders kept their holdings through the change.

The fund continues to trade under the SIXG ticker. Investors looking up FIVG should use the new symbol to find current information.