The ROBO ETF follows the ROBO Global Robotics & Automation Index, which provides access to the entire value chain of robotics, automation and artificial intelligence. The ROBO Global Robotics & Automation Index is comprised of global companies from countries in North America, Europe, Asia and the Middle East and offers almost no overlap with traditional equity indices.
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.
“The secret sauce behind ROBO… is our advisory board and how they work us, and director of research, and help really keep track in pace of the technology and the evolution that’s occurring. It’s really happening at a pace at which is unprecedented and it’s very difficult for the average investor to access these experts. So in a turnkey solution in ROBO, we provide that access to the world’s best companies in robotics and automation,” Chris Buck, Head of Capital Markets & Sales at Robo Global, said at the conference.
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