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.
Sector exposures include consumer cyclical 1.0%, energy 3.9%, industrials 46.8%, technology 38.6% and healthcare 9.7%.
Top holdings include Nabtesco Corp 1.9%, Krones AG 1.9%, Intuitive Surgical 1.9%, Harmonic Drive Systems 1.9% and Oceaneering International 1.9%.
Financial advisors who want to learn more about the robotics and automation industry can register for the Wednesday, April 19 webcast here.