AZTA - ROBO ETF: A Diversified Investment Into The Future

2024-04-14 22:00:12 ET

Summary

• ROBO Global Robotics and Automation Index ETF invests in global companies involved in automation, AI, and robotics.
• The ETF is mostly focused on industry leaders from the U.S., although it also includes many innovative companies from foreign companies.
• ROBO has underperformed other robotic ETFs but offers a diversified approach with a focus on small-cap stocks, which could potentially rebound.

Overview

ROBO Global Robotics and Automation Index ETF ( ROBO ) is an exchange-traded fund (ETF) that tracks and invests in global companies involved in technologies such as Automation, AI, and robotics. By utilizing quantitative and qualitative research methods, the ETF filters global companies that generate at least part of their revenues from such technologies. Companies that fit the criteria are involved in autonomous vehicles, 3D printers, navigation systems, and robots. The goal of the ETF is therefore to capture future market leaders early on and benefit from their growth. The ETF rebalances its portfolio quarterly, and securities are weighted equally based on their segments....

For further details see: