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.
Robotics may be seen as a nascent industry, and the industry is quickly booming. According to Robo Global, the strongest growth drivers for the robotics industry are found in China. In 2019 some 40% of the worldwide market volume of industrial robots will be sold there alone.
“Over the last fouryears we have seen solid growth in robot sales worldwide. The biggest growth has been in China. Overall 70% of all robots are sold in China, Japan, Germany, South Korea,andthe U.S. 25% of all robots are sold in China. The growth does not seem to stop anytime soon,” Henrik Christensen, ROBO Global Strategic Advisor, said in a note.
Financial advisors who are interested in learning more about robotics and artificial intelligence can register for the Tuesday, January 9 webcast here.