Digital Infrastructure Stocks
Top 10 of 25 IDGT holdings, updated
As of 12 October 2026, digital infrastructure stocks are trailing the S&P 500, over the past month and over the longer run. IDGT trails the S&P 500 by 0.9 points over one month and ranks #26 of 115 groups Zensei tracks. 13 of the 25 digital infrastructure stocks Zensei prices in IDGT beat the fund this month.
Where digital infrastructure stocks stand now
As of 12 October 2026, Digital Infrastructure (IDGT) ranks #26 of the 115 groups Zensei tracks by one-month return against the S&P 500. It is out of favor: it trails the S&P 500 on both rotation windows — 0.9 points behind over the past month and 4.0 points behind over the longer, time-shifted window. That is the Underperformers quadrant.
On the shorter tape, IDGT's momentum is mixed: the longer intraday trend is still positive, but the recent windows have gone flat. IDGT's relative-strength line — its price ratio against the S&P 500 — is trading above its moving averages, the healthiest configuration we track. The longer trend remains healthier than the recent tape suggests — the kind of divergence worth rechecking in a week.
The exposure comes via iShares Digital Infrastructure ETF, whose 25 tracked holdings are led by Equinix Inc, American Tower Corp and Fastly Inc. Weighted by portfolio, the fund's holdings trade at roughly 25.1× earnings. The thing to watch from here is the one-month spread: underperformers only become interesting when the recent window turns positive first — until then, the market is voting elsewhere.
Top digital infrastructure stocks right now
The largest digital infrastructure stocks by weight in IDGT, and the strongest over the past month. Size and recent return are measurements, not recommendations.
Largest by fund weight
Share of IDGT
- 1Equinix IncEQIX8.8%
- 2American Tower CorpAMT8.1%
- 3Fastly IncFSLY7.6%
- 4Sba Communications CorpSBAC6.6%
- 5Ciena CorpCIEN5.2%
Strongest this month
1-month return, holdings Zensei prices
- 1Credo Technology Group Holding LtdCRDO+23.3%
- 2Netapp IncNTAP+20.3%
- 3A10 Networks IncATEN+16.1%
- 4Ciena CorpCIEN+15.8%
- 5Fastly IncFSLY+14.1%
Digital Infrastructure Stocks vs the S&P 500
Over the week to 12 October 2026, IDGT rose 2.3% while the S&P 500 rose 0.4%. IDGT and SPY (the S&P 500) over every window Zensei tracks. The spread is the difference: positive means IDGT won that window.
Prices as of · computed from daily adjusted closes · how we measure
Digital Infrastructure 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 digital infrastructure stocks expensive?
The price-to-earnings ratio of IDGT 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.
IDGT holdings: the digital infrastructure stocks inside
As of 12 October 2026, 13 of the 25 digital infrastructure stocks Zensei prices in IDGT beat the fund over the past month. 13 of them beat the S&P 500. The strongest is Credo Technology Group Holding Ltd (CRDO); the weakest is Uniti Group Inc (UNIT). Inside the fund, one or two outliers drive most of the move.
| # | Holding | Weight | 1M | 3M | vs fund 1M | Momentum | RS health |
|---|---|---|---|---|---|---|---|
| 1 | EQIXEquinix Inc | 8.8% | −0.5% | −0.2% | −1.7 pts | Weak | Broken |
| 2 | AMTAmerican Tower Corp | 8.1% | +3.8% | +8.9% | +2.5 pts | Accelerating | Strong |
| 3 | FSLYFastly Inc | 7.6% | +14.1% | +32.0% | +12.9 pts | Weak | Fading |
| 4 | SBACSba Communications Corp | 6.6% | −0.6% | −0.8% | |||
| 5 | CIENCiena Corp | 5.2% | +15.8% | −9.1% | |||
| 6 | NTAPNetapp Inc | 5.1% | +20.3% | +46.2% | |||
| 7 | EXTRExtreme Networks Inc | 4.9% | +6.1% | −28.4% | |||
| 8 | CCICrown Castle Inc | 4.9% | +8.7% | +2.9% | |||
| 9 | UNITUniti Group Inc | 4.8% | −31.9% | −37.9% | |||
| 10 | SMCISuper Micro Computer Inc | 4.7% | −0.3% | +44.5% |
All 25 IDGT holdings by weight: Equinix Inc (EQIX) 8.8%, American Tower Corp (AMT) 8.1%, Fastly Inc (FSLY) 7.6%, Sba Communications Corp (SBAC) 6.6%, Ciena Corp (CIEN) 5.2%, Netapp Inc (NTAP) 5.1%, Extreme Networks Inc (EXTR) 4.9%, Crown Castle Inc (CCI) 4.9%, Uniti Group Inc (UNIT) 4.8%, Super Micro Computer Inc (SMCI) 4.7%, Arista Networks Inc (ANET) 4.7%, Nokia OYJ (NOK) 4.4%, Coreweave Inc (CRWV) 4.2%, Digital Realty Trust Inc (DLR) 4.2%, Cisco Systems Inc (CSCO) 4.1%, Qualcomm Inc (QCOM) 3.7%, Credo Technology Group Holding Ltd (CRDO) 3.1%, Calix Inc (CALX) 2.9%, Vistance Networks Inc (VISN) 2.3%, A10 Networks Inc (ATEN) 2.1%, Telefonaktiebolaget L M Ericsson (ERIC) 1.9%, Adtran Holdings Inc (ADTN) 0.7%, Clearfield Inc (CLFD) 0.5%, Motorola Solutions Inc (MSI) 0.2%, Ubiquiti Inc (UI) 0.1%.
Digital Infrastructure Stocks: common questions
What are the top 3 digital infrastructure stocks?
As of 12 October 2026, the three largest digital infrastructure stocks in IDGT by fund weight are Equinix Inc (EQIX) (8.8%), American Tower Corp (AMT) (8.1%) and Fastly Inc (FSLY) (7.6%). Fund weight shows size inside the fund, not a recommendation.
Which digital infrastructure stocks are beating the sector?
As of 12 October 2026, 13 of the 25 digital infrastructure stocks Zensei prices in IDGT beat the fund over the past month. The strongest over the past month is Credo Technology Group Holding Ltd (CRDO). The list above shows every holding with its weight and returns.
Are digital infrastructure stocks outperforming the S&P 500?
No. As of 12 October 2026, IDGT trails the S&P 500 by 0.9 points over the past month.
Is it a good time to invest in digital infrastructure stocks?
Zensei does not give investment advice, but it measures the trend. As of 12 October 2026, digital infrastructure stocks are behind the S&P 500 on both the recent and the longer window. The rotation map and the read on this page show whether that trend is building or fading.
What is IDGT?
IDGT is iShares Digital Infrastructure ETF. Zensei uses it to measure digital infrastructure stocks against the S&P 500 (SPY).
What stocks does IDGT own?
As of 12 October 2026, the largest of the 25 positions Zensei tracks in IDGT are Equinix Inc, American Tower Corp, Fastly Inc, Sba Communications Corp, Ciena Corp. Each position measured against the fund, with momentum and relative strength, is part of Zensei Premium.
What quadrant is digital infrastructure in right now?
As of 12 October 2026, digital infrastructure is in the Underperformers quadrant — trailing the S&P 500 on both windows. The Zensei methodology page explains the quadrants.
Recent changes
- ·Gaining ground → trailing the market
- ·First tracked: gaining ground
Related sectors
Track digital infrastructure 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.