The ROBO Global Robotics & Automation Index ETF (NYSEArca: ROBO) is the oldest of the robotics exchange traded funds on the market and remains a leader in a disruptive, fast-growing investment segment.

After surging 44% last year, ROBO is up about 4% in 2018. ROBO 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.

“ROBO has erased any doubts about the viability of robotics investing in the ETF wrapper. Today, the ETF has more than $2.3 billion in assets under management, roughly 10% of which has flowed into the fund just this year,” reports InvestorPlace.

When ROBO debuted several years ago, the idea of investing in robotics and artificial intelligence was fresh and perhaps novel. In the years since ROBO came to market, robotics investing has been increasingly validated with ROBO’s performance and asset-gathering acumen making significant contributions to that validation. Importantly, the growth of robotics investing is still in the early innings.

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