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ROBO - ROBO: Automation Might Prevail After The End Of COVID-19 Pandemic
Exchange Traded Concepts Trust ROBO Global Robotics and Automation Index
This time, we will present our readers with the ROBO Global® Robotics and Automation Index ETF (ROBO) which was incorporated back in 2013. It has a total AUM of approximately $920 million and comes with an annual expense ratio of 0.95%. It has been distributing its shareholders a regular annual dividend payment of less than $0.16 per share over the last couple of years. Unfortunately, that makes up a very low dividend yield of 0.34% as of July 20, 2020.
We are bullish about this ETF, given the importance of automation and digitization