“We’ve really identified some of the premier thought leaders in robotics and automation as well as entrepreneurs and financial people,” Studebaker said.
Unlike most other products and services, robotics can have its hands in multiple sectors and areas around the world, opening up an even larger opportunity for growth
“If you look at robotics, what’s important to consider here is that it’s not a niche,” Studebaker said. “We like to identify it as being a foundational technology that’s being applied across all industries, all geographies and it’s happening now.”
To tap into this rising integration and demand of robotics in various industries, investors can take a look at ROBO. The robotics ETF follows a two-tiered, equal-weighted system that ensures the strategy provides diversified exposure to a broad global ecosystem of new and enabling technologies as well as established automation/robotic providers. Specifically, the ETF includes a 60% tilt toward non-bellwether robotics with growing revenue contributions and a 40% tilt toward bellwether robotics companies that are well-established in the space.
The robotics ETF’s portfolio may also provide exposure to companies with sustainable growth opportunities, as the underlying ROBO Global Robotics & Automation Index has exhibited attractive sales growth, EBITDA growth and earnings-per-share growth. The underlying index has even outperformed the broader technology and S&P 500 index since the 2008 financial downturn.