The global data centre market is expected to increase from around $300bn in 2024 to $483.26 billion in 2029 to support the growth of AI, nuclear power, smart grids, and other forms of tech-based infrastructure (Source: DLA Piper Research, Nov 2024).
Global Tailwinds
Some forecasts suggests that demand for AI-ready data centre capacity will rise at an average rate of 33% per year between 2023 and 2030 (Source: McKinsey & Co, Oct 2024). Accelerated the development of physical infrastructure is necessary to support this growth.
REIT Exposure
VPN invests in REITs, among other holdings, an asset class that has historically provided high income potential.
Capital at Risk. All financial investments involve an element of risk. Therefore, the value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed.
ETF Summary
The Global X Data Center REITs & Digital Infrastructure UCITS ETF (VPN LN) seeks
to invest in companies that operate data center REITs and other digital
infrastructure supporting the growth of communication networks.
ETF Objective
The Global X Data Center REITs & Digital Infrastructure UCITS ETF (VPN LN) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Data Center REITs & Digital Infrastructure v2 Index.
Regulatory
SFDR Classification
Article 6
UCITS Compliant
Yes
ISA Eligibility
Yes
SIPP Eligibility
Yes
UK Reporting Status
Yes
Authorized Participants & Market Makers
Citigroup Global Markets, DRW Europe BV, Flow Traders BV, GHCO LLP, HSBC Bank PLC, Jane Street Financial Ltd, Mirae Asset Securities UK Ltd, Societe Generale SA, Susquehanna Intl Ltd, Virtu Financial Ireland Ltd, JP Morgan Securities PLC
Trading Details
As of 05 May 2026
Primary Ticker
VPN
Primary ISIN
IE00BMH5Y327
Bloomberg Index Ticker
SOLVPN2
Number of Holdings
25
Index Provider
Solactive AG
Management Style
Physical - Full Replication - Passively Managed Index Tracking
Key Information
As of 05 May 2026
Inception Date
07 Dec 2021
Total Expense Ratio
0.50%
Ongoing Charges
0.50%
Fund AUM
$367,945,593.85
Product Profile
Domicile
Ireland
Investment Manager
Global X Management Company LLC
Custodian
BBH
Asset Class
Equity
Performance History
USD Accumulating
ETF
Index
Difference
1 Year
47.03%
48.14%
-1.11%
3 Years
22.91%
23.92%
-1.01%
Since Inception
8.09%
8.79%
-0.70%
Trading Information
As of 05 May 2026
USD Accumulating (ISIN: IE00BMH5Y327)
Exchange
Trading Currency
Ticker
Listing Date
SEDOL
Net Asset Value (NAV)
Shares Outstanding
Net Assets
London Stock Exchange
USD
VPN LN
09 Dec 2021
BMT7L80
$26.51 (1.77%)
13,880,000
$367,945,593.85
London Stock Exchange
GBP
PNG LN
09 Dec 2021
BMT7LB3
--
--
--
Deutsche Börse Xetra
EUR
V9N GY
09 Dec 2021
BMT7LD5
--
--
--
SIX Swiss Exchange
CHF
VPNU SW
11 Feb 2022
BMT7LF7
--
--
--
Borsa Italiana
EUR
VPN IM
17 Feb 2022
BMT7LK2
--
--
--
Top Holdings
As of 05 May 2026
Net Assets (%)
Ticker
Name
Country
SEDOL
Market Price ($)
Shares Held
Market Value ($)
13.32
EQIX
EQUINIX INC
US
BVLZX12
1,078.46
46,341
49,976,914.86
12.15
DLR
DIGITAL REALTY TRUST INC
US
B03GQS4
196.69
231,696
45,572,286.24
9.87
AMT
AMERICAN TOWER CORP
US
B7FBFL2
178.12
207,802
37,013,692.24
7.41
CCI
CROWN CASTLE INC
US
BTGQCX1
89.10
312,040
27,802,764.00
5.23
NXT AU
NEXTDC LTD
AU
B5LMKP4
10.06
1,950,553
19,616,160.10
4.17
SBAC
SBA COMMUNICATIONS CORP
US
BZ6TS23
217.38
71,979
15,646,795.02
4.08
APLD
APPLIED DIGITAL CORP
US
BMCNFN8
39.88
384,163
15,320,420.44
3.89
KDCREIT SP
KEPPEL DC REIT
SG
BT9Q186
1.85
7,882,027
14,586,617.31
3.77
GDS
GDS HOLDINGS LTD - ADR
US
BD6FLL7
45.00
314,604
14,157,180.00
3.63
INTC
INTEL CORP
US
2463247
108.15
125,764
13,601,376.60
Sector Breakdown
As of 30 Apr 2026
Sector
Weight (%)
Real Estate
56.8
Information Technology
40.1
Communication Services
3.2
Source: AltaVista Research, LLC
Country Breakdown
As of 30 Apr 2026
Country
Weight (%)
United States
76.3
China
8.6
Australia
6.4
Singapore
3.6
South Korea
2.7
Taiwan
1.9
Hong Kong
0.6
Source: AltaVista Research, LLC
Industry Breakdown
As of 30 Apr 2026
Industry
Weight (%)
Equity Real Estate Investment Trusts (reits)
56.2
Semiconductors & Semiconductor Equipment
22.9
Software & Services
15.6
Telecommunication Services
3.2
Technology Hardware & Equipment
1.6
Real Estate Management & Development
0.6
Source: AltaVista Research, LLC
Securities LendingSecurities Lending Active? Yes
As of 07 May 2026
ISIN
Security Description
Currency
Weight
Asset Class
Country of Issue
US91282CND91
UNITED STATES OF AMER TREAS NOTES
USD
8.98%
Treasury
US
CH0557778310
SWITZERLAND (GOVERNMENT OF)
CHF
8.97%
Sovereign
CH
US912810PS15
UNITED STATES OF AMER TREAS BONDS 2.375% TIPS 15/01/2027 USD
