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 02 Jul 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 02 Jul 2026
Inception Date
07 Dec 2021
Total Expense Ratio
0.50%
Ongoing Charges
0.50%
Fund AUM
$489,064,531.23
Product Profile
Domicile
Ireland
Investment Manager
Global X Management Company (UK) Limited
Custodian
BBH
Asset Class
Equity
Performance History
USD Accumulating
As of recent Month End & Quarter End (30 Jun 2026)
ETF
Index
Difference
1 Year
64.47%
65.59%
-1.12%
3 Years
31.91%
32.99%
-1.08%
Since Inception
13.55%
14.30%
-0.75%
Trading Information
As of 02 Jul 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
$25.93 (-3.46%)
18,860,000
$489,064,531.23
London Stock Exchange
GBP
PNG LN
09 Dec 2021
BMT7LB3
--
--
--
Deutsche Börse Xetra
EUR
V9N GY
09 Dec 2021
BMT7LD5
--
--
--
SIX Swiss Exchange
CHF
VPNU SW
11 Feb 2022
BMT7LF7
--
--
--
Borsa Italiana
EUR
VPN IM
17 Feb 2022
BMT7LK2
--
--
--
Top Holdings
As of 02 Jul 2026
Net Assets (%)
Ticker
Name
Country
SEDOL
Market Price ($)
Shares Held
Market Value ($)
12.65
EQIX
EQUINIX INC
US
BVLZX12
1,002.02
61,979
62,104,197.58
10.96
DLR
DIGITAL REALTY TRUST INC
US
B03GQS4
173.30
310,552
53,818,661.60
9.42
AMT
AMERICAN TOWER CORP
US
B7FBFL2
166.03
278,615
46,258,448.45
6.52
CCI
CROWN CASTLE INC
US
BTGQCX1
76.60
417,899
32,011,063.40
5.08
NXT AU
NEXTDC LTD
AU
B5LMKP4
9.56
2,610,615
24,944,545.16
5.08
MRVL
MARVELL TECHNOLOGY INC
US
BNKJSM5
245.29
101,677
24,940,351.33
4.91
MU
MICRON TECHNOLOGY INC
US
2588184
975.41
24,704
24,096,528.64
4.73
000660 KS
SK HYNIX INC
KR
6450267
1,405.80
16,518
23,220,971.91
4.13
INTC
INTEL CORP
US
2463247
120.35
168,395
20,266,338.25
3.88
AMD
ADVANCED MICRO DEVICES
US
2007849
517.82
36,761
19,035,581.02
Sector Breakdown
As of 31 May 2026
Sector
Weight (%)
Real Estate
50.9
Information Technology
46.2
Communication Services
2.9
Source: AltaVista Research, LLC
Country Breakdown
As of 31 May 2026
Country
Weight (%)
United States
75.2
China
7.7
Australia
6.2
South Korea
4.7
Singapore
3.6
Taiwan
2.1
Hong Kong
0.6
Source: AltaVista Research, LLC
Industry Breakdown
As of 31 May 2026
Industry
Weight (%)
Equity Real Estate Investment Trusts (reits)
50.3
Semiconductors & Semiconductor Equipment
27.9
Software & Services
15.9
Telecommunication Services
2.9
Technology Hardware & Equipment
2.5
Real Estate Management & Development
0.6
Source: AltaVista Research, LLC
ETF Characteristics
As of 02 Jul 2026
Return on Equity
36.50%
Average Market Cap
343,637 M
2025
2026
Price to Earnings
27.66
23.89
Price to Book
8.79
8.64
Source: AltaVista Research, LLC
Securities LendingSecurities Lending Active? Yes
As of 06 Jul 2026
ISIN
Security Description
Currency
Weight
Asset Class
Country of Issue
FR0014012II5
FRANCE(GOVT OF) 3.5% BDS 25/11/35 EUR1'144A
EUR
7.08%
Sovereign
FR
GB00BSGQQ650
UNITED KINGDOM(GOVERNMENT OF) 0% BILL 09/11/2026 GBP
GBP
6.70%
Sovereign
GB
GB00BSQNRC93
UNITED KINGDOM(GOVERNMENT OF) 4.375% BDS 07/03/2028 GBP
GBP
6.02%
Sovereign
GB
GB00BMF9LG83
UNITED KINGDOM(GOVERNMENT OF) 4.5% BDS 07/06/2028 GBP
GBP
6.02%
Sovereign
GB
FR0129570620
FRANCE(GOVT OF) 0% BILL 21/04/2027 EUR
EUR
6.01%
Sovereign
FR
FR001400L834
FRANCE(GOVT OF) 3.5% BDS 25/11/2033 EUR
EUR
6.01%
Sovereign
FR
FR001400QMF9
FRANCE(GOVT OF) 3% BDS 25/11/2034 EUR
EUR
4.41%
Sovereign
FR
US9128286B18
UNITED STATES OF AMER TREAS NOTES 2.625% NTS 15/02/2029 USD (B-2029)
USD
4.18%
Treasury
US
US91282CKD29
UNITED STATES OF AMER TREAS NOTES 4.25% NTS 28/02/2029 USD (V-2029)
USD
3.77%
Treasury
US
US91282CGQ87
UNITED STATES OF AMER TREAS NOTES 4% NTS 28/02/2030 USD (H-2030)
