The ROBO ETF follows the ROBO Global Robotics & Automation Index, which provides access to the entire value chain of robotics, automation and artificial intelligence. These nascent industries are not constrained to traditional technology sectors and may branch out to many various industries, which opens a very attractive growth opportunity for investors.
Related: Robotics ETF to Augment a Portfolio’s Growth Potential
“I think that investors are realizing that this is the new source of growth, and these are technologies that are now being deployed across all businesses and all industries,” William Studebaker, President and CIO of ROBO Global, added. “I think investors now are kind coming to the distinction that we’ve gone from a world that was very linear to one that is very exponential.”
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