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1. Global X Robotics & Artificial Intelligence ETF (BOTZ)
The Global X Robotics & Artificial Intelligence ETF (Exchange-Traded Fund) is an investment fund that trades on stock exchanges, aiming to track the performance of an underlying index representing companies involved in the robotics and artificial intelligence (AI) industries. ETFs are investment funds that hold a collection of assets, such as stocks, and are designed to provide investors with diversification and exposure to a specific sector, industry, or market index.
As the name suggests, the Global X Robotics & Artificial Intelligence ETF focuses on companies that are leaders in the fields of robotics and AI. These companies can include manufacturers of robots and robotic components, AI software developers, technology companies integrating AI into their products and services, and businesses utilizing AI for various applications.
The ETF’s goal is to replicate the performance of its underlying index, and it typically does this by holding a portfolio of stocks that represent the index’s constituents in similar weights. By investing in the ETF, investors gain exposure to a diversified basket of companies in the robotics and AI sectors, rather than purchasing individual stocks.
Benefits of investing in an ETF like the Global X Robotics & Artificial Intelligence ETF may include:
- Diversification: Investing in a single ETF provides exposure to a diversified portfolio of companies in the robotics and AI industries, which can help spread risk.
- Ease of trading: ETFs are traded on stock exchanges, so they can be bought and sold throughout the trading day, just like individual stocks.
- Lower costs: ETFs generally have lower expense ratios compared to actively managed funds, which can potentially lead to higher net returns for investors.
- Access to specific sectors: ETFs allow investors to target specific industries or sectors, such as robotics and AI, without having to select individual companies.
However, it’s essential to consider that all investments carry some level of risk, and the value of the ETF’s shares can go up or down based on the performance of the underlying companies. As with any investment, investors should conduct thorough research, consider their risk tolerance, and understand the ETF’s objectives before investing.
It’s worth noting that specific details about the Global X Robotics & Artificial Intelligence ETF, such as its holdings, expense ratio, and performance, can change over time, so it’s essential to refer to the latest information available from the fund provider or financial sources.
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2. iShares Robotics and Artificial Intelligence ETF (IRBO)
The iShares Robotics and Artificial Intelligence Multisector ETF (IRBO) is a passively managed exchange-traded fund (ETF) that tracks the performance of the MSCI Global Robotics & Artificial Intelligence Index. The index is composed of developed and emerging market companies that are involved in the development, manufacturing, or distribution of robotics and artificial intelligence (AI) technologies.
IRBO is a good option for investors who want to gain exposure to the growth potential of the robotics and AI industries. The fund has a relatively low expense ratio of 0.55%, and it has outperformed the broader market in recent years. As of July 18, 2023, IRBO has a YTD return of 37.49%.
Here are some of the pros and cons of investing in IRBO:
Pros:
- Low expense ratio
- Outperformed the broader market in recent years
- Broad exposure to the robotics and AI industries
Cons:
- Still a relatively new fund
- Could be volatile in the short term
Overall, IRBO is a good option for investors who want to gain exposure to the growth potential of the robotics and AI industries. However, it is important to remember that the fund is still relatively new, and it could be volatile in the short term.
Here are some other robotic ETFs that you may want to consider:
- First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT)
- ARK Innovation ETF (ARKK)
- Global X Robotics & Artificial Intelligence ETF (BOTZ)
These ETFs all have different investment strategies and risk profiles, so it is important to do your research before investing.
3. Global Robotics and Automation Index ETF (ROBO)
The ROBO Global Robotics and Automation Index ETF (ROBO) is a passively managed exchange-traded fund (ETF) that tracks the performance of the ROBO Global Robotics and Automation Index. The index is composed of developed and emerging market companies that are involved in the development, manufacturing, or distribution of robotics and automation technologies.
ROBO is a good option for investors who want to gain exposure to the growth potential of the robotics and automation industries. The fund has a relatively low expense ratio of 0.65%, and it has outperformed the broader market in recent years. As of July 18, 2023, ROBO has a YTD return of 27.50%.
Here are some of the pros and cons of investing in ROBO:
Pros:
- Low expense ratio
- Outperformed the broader market in recent years
- Broad exposure to the robotics and automation industries
- Managed by a reputable ETF provider
Cons:
- Still a relatively new fund
- Could be volatile in the short term
Overall, ROBO is a good option for investors who want to gain exposure to the growth potential of the robotics and automation industries. However, it is important to remember that the fund is still relatively new, and it could be volatile in the short term.
Here are some other robotic ETFs that you may want to consider:
- iShares Robotics and Artificial Intelligence Multisector ETF (IRBO)
- First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT)
- Global X Robotics & Artificial Intelligence ETF (BOTZ)
These ETFs all have different investment strategies and risk profiles, so it is important to do your research before investing.
Here are some additional details about the ROBO Global Robotics and Automation Index ETF:
- The fund was launched in 2013.
- The fund has assets under management of $1.5 billion.
- The fund’s top 10 holdings include FANUC, ABB, KUKA, Yaskawa Electric, and iRobot.
- The fund’s expense ratio is 0.65%.