The robots are coming to a local warehouse near you—at least that’s what industry trends are showing, and it would serve traders best to capitalize on this move to robotics with ETFs like the Robotics & AI Bull 3X ETF (NYSEArca: UBOT).
“The optimism in the global warehouse robotics market comes from the benefits derived from the implementation of artificial intelligence and machine learning in a warehouse setting,” noted an article in Supply & Demand Chain Executive. “Warehousing has come a long way from those days when it was a labor-intensive trade to this day when man and machines work together in every step of the supply chain. The warehousing industry is expected to witness significant demand in the deployment of robotic systems as it enables companies to optimize workflows, lessen the cost of labor, and increase the bottom line.”
“Increasingly one should be searching for future logistics solutions in robotics, automation, and artificial intelligence (AI) – a significant facet of several robotic solutions Robotics in the manufacturing industry is well established since many years and it is expected that the applications within the periphery of warehouse operations will be increasingly mainstreamed,” noted Transparency Market Research in the article.
Leveraging the Move to Robotics
Traders looking to capitalize on the move to robotics can use UBOT as a tool. UBOT seeks daily investment results equal to 300 percent of the daily performance of the Indxx Global Robotics and Artificial Intelligence Thematic Index, which is designed to provide exposure to exchange-listed companies in developed markets that are expected to benefit from the adoption and utilization of robotics and/or artificial intelligence.
The robotics space is certainly in a push-pull dichotomy of investors capitalizing on the latest in disruptive technology, while at the same time, getting push back from those threatened by the wider adoption of robots. The fears are warranted given that robotics technology has the capacity to supplant human jobs.
Key characteristics of UBOT:
- The Indxx Global Robotics and Artificial Intelligence Thematic Index (IBOTZNT) is designed to provide exposure to exchange-listed companies in developed markets that are expected to benefit from the adoption and utilization of robotics and/or artificial intelligence, including companies involved in developing industrial robots and production systems, automated inventory management, unmanned vehicles, voice/image/text recognition, and medical robots or robotic instruments, as determined by the index provider, Indxx.
- Companies must have a minimum market capitalization of $100million and a minimum average daily turnover for the last 6 months greater than, or equal to, $2 million in order to be eligible for inclusion in the Index.
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