This ETF primarily allocates its capital, typically investing at least 90% of its total assets, into the securities that make up its designated reference index. This underlying benchmark is comprised of the common shares of American corporations operating in the networking industry. These businesses are chiefly engaged in the entire process – from developing and manufacturing to selling and distributing – of goods, services, or technologies that facilitate the transfer of electronic information, which includes voice communications, data, visual content, and financial exchanges. It is structured as a non-diversified fund.