JGLO's 15% gain over the past year stems from heavy concentration in mega-cap technology. The fund places over a quarter of its assets in just six companies-NVIDIA ( NASDAQ:NVDA), Microsoft ( NASDAQ:MSFT), Apple ( NASDAQ:AAPL), Amazon ( NASDAQ:AMZN), Alphabet ( NASDAQ:GOOGL), and Meta. This concentrated approach explains both the fund's recent gains and its vulnerability to tech sector rotation. When Tech Dominance Becomes a Double-Edged Sword The biggest factor shaping JGLO's future is whether mega-cap technology stocks can sustain market leadership or if returns are broadening.
T. Rowe Price, one of the largest U.S. asset management firms, has filed with the Securities and Exchange Commission (SEC) to launch a cryptocurrency-focused exchange-traded fund (ETF). The proposed fund, named the T. Rowe Price Active Crypto ETF, aims to outperform the FTSE US Listed Cryptocurrency Index, which tracks the ten largest U.S.-listed cryptocurrencies by market capitalization that meet SEC listing standards. Unlike passive funds, the ETF can overweight or underweight assets relative to the Index