Robotics- or automation-related products and services include any technology, service or device that supports, aids or contributes to any type of robot, robotic action or automation system process, software or management.
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.
“Because of the sheer reach of robotics, automation, and AI, the opportunity for investors is huge. The only way companies can survive in this new world is to use these technologies to enable their businesses. Investors who are positioned for this new growth will be tomorrow’s biggest winners,” ROBO Global said in a note.
Financial advisors who are interested in learning more about robotics investments can register for the Thursday, June 7 webcast here.