5G Stocks
Top 10 of 100 KNCT holdings, updated
As of 12 October 2026, 5G stocks are losing ground: still ahead of the S&P 500 over the longer run, but behind over the past month. KNCT trails the S&P 500 by 1.2 points over one month and ranks #29 of 115 groups Zensei tracks. 38 of the 63 5G stocks Zensei prices in KNCT beat the fund this month.
Where 5G stocks stand now
As of 12 October 2026, Next Gen Connectivity (KNCT) ranks #29 of the 115 groups Zensei tracks by one-month return against the S&P 500. It is losing its lead. It built a 0.8-point advantage over the S&P 500 across the longer, time-shifted window, but over the past month it has slipped 1.2 points behind the market — the Cooling quadrant of the rotation map.
On the shorter tape, KNCT's momentum is mixed: the longer intraday trend is still positive, but the recent windows have gone flat. KNCT's relative-strength line has broken below its long-term average — the long-term outperformance trend is no longer intact. Both signals point the same direction here: the market is not rewarding this group on either horizon.
The exposure comes via Alger Mid Cap 40 ETF, whose 100 tracked holdings are led by Micron Technology, Apple and Broadcom. Weighted by portfolio, the fund's holdings trade at roughly 28.9× earnings. The thing to watch from here is whether this is a pause or a handoff: cooling groups sometimes reset and reclaim leadership, but a deepening one-month deficit usually means rotation has moved on.
As of , these are the largest 5G stocks in KNCT by fund weight, and the strongest over the past month. Size and recent return are measurements, not recommendations.
Top 5G stocks by fund weight
Ranked by largest share of KNCT
- 1Micron TechnologyMU8.3%
- 2AppleAAPL7.7%
- 3BroadcomAVGO7.5%
- 4Samsung Electronics Co Ltd6.5%
- 5SK Hynix Inc5.7%
Best 5G stocks this month
Ranked by one-month return, among the holdings Zensei prices
- 1Rubrik IncRBRK+38.5%
- 2Zscaler IncZS+37.2%
- 3Okta IncOKTA+36.4%
- 4Datadog IncDDOG+29.9%
- 5Dynatrace IncDT+27.8%
5G Stocks vs the S&P 500
Over the week to 12 October 2026, KNCT fell 4.1% while the S&P 500 rose 0.4%. The table compares KNCT and SPY (the S&P 500) over every window Zensei tracks. The spread is the difference: positive means KNCT won that window.
Prices as of · computed from daily adjusted closes · how we measure
Next Gen Connectivity on the rotation map, against the 11 broad S&P 500 sectors. Vertical: 1-month spread vs the S&P 500. Horizontal: the longer, time-shifted window.
Are 5G stocks expensive?
The price-to-earnings ratio of KNCT as a whole: the total price of its holdings over their total earnings, weighted by share of the fund. Holdings that lose money are left out. Compare with every sector and theme: P/E ratio by sector.
KNCT holdings: the 5G stocks inside
This list covers the 100 largest 5G stocks in KNCT, heaviest first; the 10 largest show their returns where Zensei has a price. As of 12 October 2026, 38 of the 63 5G stocks Zensei prices in KNCT beat the fund over the past month. 36 of them beat the S&P 500. The strongest is Rubrik Inc (RBRK); the weakest is Charter Communications Inc (CHTR). Inside the fund, one or two outliers drive most of the move.
| # | Holding | Weight | 1M | 3M | vs fund 1M | Momentum | RS health |
|---|---|---|---|---|---|---|---|
| 1 | MUMicron Technology | 8.3% | +1.4% | +5.6% | +0.5 pts | Fading | Fading |
| 2 | AAPLApple | 7.7% | +2.6% | +7.6% | +1.7 pts | Accelerating | Strong |
| 3 | AVGOBroadcom | 7.5% | −1.8% | −7.5% | −2.7 pts | Weak | Broken |
| 4 | Samsung Electronics Co Ltd | 6.5% | — | — | No price data | ||
| 5 | SK Hynix Inc | 5.7% | — | — | No price data | ||
| 6 | INTCIntel | 5.1% | −1.5% | −1.7% | |||
| 7 | CSCOCisco Systems Inc | 3.7% | +3.2% | −2.9% | |||
| 8 | PANWPalo Alto Networks Inc | 3.3% | +22.1% | +22.3% | |||
| 9 | CRWDCrowdStrike | 2.7% | +27.2% | +40.0% | |||
| 10 | MRVLMarvell Technology | 2.4% | +12.6% | +22.2% | |||
All 100 KNCT holdings by weight: Micron Technology (MU) 8.3%, Apple (AAPL) 7.7%, Broadcom (AVGO) 7.5%, Samsung Electronics Co Ltd 6.5%, SK Hynix Inc 5.7%, Intel (INTC) 5.1%, Cisco Systems Inc (CSCO) 3.7%, Palo Alto Networks Inc (PANW) 3.3%, CrowdStrike (CRWD) 2.7%, Marvell Technology (MRVL) 2.4%, Arista Networks Inc (ANET) 2.2%, Verizon (VZ) 1.9%, Qualcomm (QCOM) 1.8%, AT&T (T) 1.6%, Amphenol Corp (APH) 1.5%, IBM (IBM) 1.3%, Fortinet Inc (FTNT) 1.1%, Cloudflare Inc (NET) 1.1%, Equinix Inc (EQIX) 1.0%, Lumentum (LITE) 1.0%, Datadog Inc (DDOG) 0.9%, Synopsys Inc (SNPS) 0.9%, Softbank Group Corp 0.9%, Cadence Design Systems Inc (CDNS) 0.8%, T-Mobile US Inc (TMUS) 0.8%, American Tower Corp (AMT) 0.8%, Accenture PLC (ACN) 0.7%, Deutsche Telekom AG 0.7%, Digital Realty Trust Inc (DLR) 0.6%, United Microelectronics Corp 0.6%, Motorola Solutions Inc (MSI) 0.6%, Coherent Corp (COHR) 0.6%, Astera Labs Inc (ALAB) 0.6%, Nokia OYJ 0.6%, Bharti Airtel Ltd 0.6%, Ciena Corp (CIEN) 0.5%, Keysight Technologies Inc (KEYS) 0.4%, Comcast Corp (CMCSA) 0.4%, Arm Holdings (ARM) 0.4%, Netapp Inc (NTAP) 0.4%, TE Connectivity PLC Registered (TEL) 0.4%, Credo Technology Group Holding Ltd (CRDO) 0.4%, Kddi Corp 0.4%, Fujikura Ltd 0.4%, CoreWeave (CRWV) 0.4%, Okta Inc (OKTA) 0.4%, Microchip Technology Inc (MCHP) 0.3%, Accton Technology Corp 0.3%, Xiaomi Corp 0.3%, Nebius Group (NBIS) 0.3%, Vodafone Group PLC 0.3%, NEC Corp 0.3%, Mongodb Inc (MDB) 0.3%, Fujitsu Ltd 0.3%, Tower Semiconductor Ltd 0.3%, Crown Castle Inc (CCI) 0.3%, Chroma ATE Inc 0.3%, Telefonaktiebolaget L M Ericsson 0.3%, Nanya Technology Corp 0.3%, F5 Inc (FFIV) 0.3%, NTT Inc 0.3%, America Movil SAB de CV 0.2%, Softbank Corp 0.2%, Zscaler Inc (ZS) 0.2%, Orange SA 0.2%, Largan Precision Co Ltd 0.2%, Nutanix Inc (NTNX) 0.2%, Lattice Semiconductor Corp (LSCC) 0.2%, Rubrik Inc (RBRK) 0.2%, AST SpaceMobile (ASTS) 0.2%, Dynatrace Inc (DT) 0.2%, SBA Communications Corp (SBAC) 0.2%, Akamai Technologies Inc (AKAM) 0.2%, Telefonica SA 0.1%, Chunghwa Telecom Co Ltd 0.1%, Caci International Inc (CACI) 0.1%, Charter Communications Inc (CHTR) 0.1%, Echostar Corp (ECHO) 0.1%, Docusign Inc (DOCU) 0.1%, MTN Group Ltd 0.1%, Lite-On Technology Corp 0.1%, Winbond Electronics Corp 0.1%, Rambus Inc (RMBS) 0.1%, Macom Technology Solutions Holdings Inc (MTSI) 0.1%, Cellnex Telecom SA 0.1%, BT Group PLC 0.1%, Telstra Group Ltd 0.1%, Advanced Info Service PCL Units Non-Voting Depository Receipt 0.1%, Check Point Software Technologies Ltd (CHKP) 0.1%, Applied Optoelectronics Inc (AAOI) 0.1%, Secom Co Ltd 0.1%, Dycom Industries Inc (DY) 0.1%, BCE Inc (BCE) 0.1%, Viavi Solutions Inc (VIAV) 0.1%, Zhongji Innolight Co Ltd 0.1%, Telenor ASA 0.1%, Telia Company AB 0.1%, Globalfoundries Inc (GFS) 0.1%, Lumen Technologies Inc (LUMN) 0.1%, Invesco Shrt-Trm INV GOV&AGCY Instl (AGPXX) 0.0%.
5G Stocks: common questions
5G stocks list: which stocks are in KNCT?
As of 12 October 2026, this page lists the 100 largest 5G stocks in KNCT, from the fund's published holdings. The three largest by fund weight are Micron Technology (MU, 8.3%), Apple (AAPL, 7.7%) and Broadcom (AVGO, 7.5%). Each one shows its fund weight; the 10 largest also show their one-month and three-month returns where Zensei has a price.
What are the best 5G stocks this month?
As of 12 October 2026, ranked by one-month return, the three strongest 5G stocks in KNCT are Rubrik Inc (RBRK, +38.5%), Zscaler Inc (ZS, +37.2%) and Okta Inc (OKTA, +36.4%). This ranks past return only; it does not forecast the next month.
What are the top 3 5G stocks?
As of 12 October 2026, the three largest 5G stocks in KNCT by fund weight are Micron Technology (MU, 8.3%), Apple (AAPL, 7.7%) and Broadcom (AVGO, 7.5%). Fund weight shows size inside the fund, not a recommendation.
Which 5G stocks are beating the sector?
As of 12 October 2026, 38 of the 63 5G stocks Zensei prices in KNCT beat the fund over the past month. The strongest over the past month is Rubrik Inc (RBRK). The table above shows the largest holdings with their weights and returns.
Which ETF holds 5G stocks?
Several ETFs hold 5G stocks. Zensei tracks the group through KNCT, the Alger Mid Cap 40 ETF. As of 12 October 2026, Zensei has the 100 largest 5G stocks from its published holdings, and the 10 largest make up 52.8% of the fund.
Are 5G stocks outperforming the S&P 500?
No. As of 12 October 2026, KNCT trails the S&P 500 by 1.2 points over the past month.
What is KNCT?
KNCT is Alger Mid Cap 40 ETF. Zensei uses it to measure 5G stocks against the S&P 500 (SPY).
What stocks does KNCT own?
As of 12 October 2026, the largest of the 100 positions Zensei tracks in KNCT are Micron Technology, Apple, Broadcom, Samsung Electronics Co Ltd, SK Hynix Inc. Each position measured against the fund, with momentum and relative strength, is part of Zensei Premium.
What quadrant is next gen connectivity in right now?
As of 12 October 2026, next gen connectivity is in the Cooling quadrant — still ahead over the longer window, but behind the market over the past month. The Zensei methodology page explains the quadrants.
Recent changes
- ·Gaining ground → losing ground
- ·First tracked: gaining ground
Related sectors
Track next gen connectivity against the whole market
Zensei Edge maps 100+ sectors and themes against the S&P 500 — with the stocks inside each one, rotation history and alerts when leadership changes hands.
Compare all sectors: Sector heat map · Sector P/E ratios