Consequently, investors should be aware that the stronger dollar could affect company sales abroad, especially for large multinational companies with significant overseas exposure.
Historically, the industrial sector have rebounded in periods when the U.S. dollar depreciates. Consequently, this should suggests that industrials would be negatively correlated to the dollar. [Industrial ETFs Could Also Slip On Oil]
“I still cannot give this ETF my full endorsement as an investment as it is still overly exposed to riskier stocks as shown by the chart comparisons above. In addition, Morningstar rates this fund zero stars and has an F rating by ETF.com. The fund’s high expense ratio of 0.95% is an even bigger turnoff,” adds the Seeking Alpha piece on ROBO.
Robo-Stox Global Robotics & Automation Index ETF
