ROBOROBO Global Robotics and Automation Index ETF
ROBO Fund Description
ROBO tracks a global index of companies involved in robotics and automation. The portfolio utilizes a tiered weighting strategy.
ROBO Factset Analytics Insight
ROBO is designed to capture the return of robotics- and automation-related companies. The fund uses both qualitative and quantitative research to create a database of roughly 1,000 global companies that derive a portion of their business and revenue directly from the industry or a related sub-sector. Companies include firms providing devices or sensors for any type of robot, artificial intelligence, unmanned vehicles, 3D printers and navigation systems. The index selects between 65-200 stocks based on percent of revenue generated from the industry, growth potential, ESG criteria and market cap. The fund’s objective is to identify market leaders in the industry and/or those providing tech leadership through innovation. At each quarterly rebalance, the index allocates 40/60 between industry core and non-core stocks. Securities are equally weighted within their segment. Prior to September 25, 2015, the fund tracked the Robo-Stox Global Robotics and Automation Index.
ROBO MSCI ESG Analytics Insight
ROBO Global Robotics and Automation Index ETF has an MSCI ESG Fund Rating of A based on a score of 6.04 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. ROBO Global Robotics and Automation Index ETF ranks in the 51st percentile within its peer group and in the 68th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
ROBO MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
ROBO Summary Data
ROBO Portfolio Data
ROBO Index Data
ROBO Portfolio Management
ROBO Tax Exposures
ROBO Fund Structure
ROBO Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of ROBO. ROBO is rated a 5 out of 5.
ROBO Economic Development
ROBO Performance Statistics
ROBO MSCI ESG Ratings
ROBO Benchmark Comparison Summary
ROBO Benchmark Comparison Market Cap Size