Robo Global® Hlthcare Tech & Innovt ETF retains its Morningstar Medalist Rating of Bronze. The portfolio maintains a sizable cost advantage over competitors, priced within the second-lowest fee quintile among peers.  

 The strategy's effective investment philosophy supports an Above Average Process Pillar rating. Independent of the rating, analysis of the strategy's portfolio shows it has maintained an overweight in liquidity exposure and quality exposure compared with category peers. High liquidity exposure is attributed to stocks with a high trading volume, lending managers more flexibility. And a high quality exposure is rooted in holding stocks with low financial leverage and strong returns on equity. The team managing this passive strategy earns a Low People Pillar rating. The strategy's parent organization still has a way to go to reach the industry standard, evidenced by minimal personal investments from portfolio managers and a bench of limited-tenure portfolio managers. As a result, the firm obtains a Below Average Parent Pillar rating.

Analyst Rating

STAAR Surgical

Moderna

Natera

SPDR Dow Jones Industrial Average ETF

Boston Scientific

Thermo Fisher Scientific

Omnicell

QIAGEN

Stryker

Intuitive Surgical

Morningstar's evaluation of this security's process aims to determine the likelihood that it will outperform its Morningstar Category benchmark on a risk-adjusted basis over the long term. Robo Global® Hlthcare Tech & Innovt ETF earns an Above Average Process Pillar rating. The predominant contributor to the rating is that this fund tracks an index. Historical data, like Morningstar's Active/Passive Barometer, finds that passively managed funds have generally outperformed their active counterparts, especially over longer time horizons. 

The investment strategy as stated in the fund's prospectus is:  The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the ROBO Global® Healthcare Technology and Innovation Index.  The fund will normally invest at least 80% of its total assets in securities of the index or in depositary receipts representing securities of the index. The index is designed to measure the performance of companies that have a portion of their business and revenue derived from the field of healthcare technology, and and the potential to grow within this space through innovation and market adoption of such companies’ products and services. It is non-diversified. 

 The portfolio has allocations in its top two sectors, technology and financial services, that are similar to the category. The sectors with low exposure compared to category peers are healthcare and basic materials; however, the allocations are similar to the category. The portfolio is composed of 70 holdings and its assets are more dispersed than the typical peer in the category. In the most recent disclosure, 20.5% of the strategy's assets were concentrated in the top 10 fund holdings, as opposed to the category average's 38.7%. And finally, in terms of portfolio turnover, looking at year-over-year movements, 39% of the fund's holdings have changed, whether through increasing, decreasing, or changing a position.

Above Average

Process

Robo Global’s team earns a Low People Pillar rating. The most important factor influencing the rating is the experience of the management team, which averages four years at this fund. The instability of talent across its parent firm also detracts from the team. The firm's asset-weighted manager tenure of two years suggests it could do more to hold onto portfolio managers. The parent firm's five-year success ratio of 100% further holds the rating back. The measure indicates the percentage of a firm's funds that survived and beat their respective category's median return for the period. The parent's modest success ratio suggests that the firm could do better across its fund lineup.

People

In an increasingly competitive industry, Robo Global falls behind on a number of key metrics, resulting in a Below Average Parent Pillar rating. None of the firm’s assets are covered by an invested manager. Team members’ investments are regarded as helping to encourage long-term thinking and align portfolio manager and investor interests. Longest-tenured managers’ average asset-weighted tenure within the firm is slim, two years, compared with peer firms. This contributes negatively to the rating, as the current managers have limited experience running strategies at the firm. The Robo Global five-year success ratio stands out versus its peers. In particular, 100% of its products have survived and beaten their respective category median over the past five years.

Below Average

Parent

ROBO Global Healthcare Technology and Innovation ETF

HTEC tracks a proprietary index of global health care technology companies.

This article examines the first index rebalance and reconstitution of 2024 for the ROBO Global Healthcare Technology and Innovation Index, which underlies the $63 million ROBO Global Healthcare Technology and Innovation ETF (HTEC).

Innovation in Healthcare: HTEC's Q1 2024 Index Rebalance

In this quarter's ROBO Global Healthcare Technology and Innovation Index spotlight, we take a look at Medpace Holdings (MEDP). The index underlies the $62.4 million ROBO Global Healthcare Technology and Innovation ETF (HTEC).

HTEC Index Q1 Spotlight: Medpace Shines in Process Automation Subsector

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This is an exciting time for artificial intelligence and robotics stocks, with many companies reporting and some major news announcements. This week, for the Disruptive Theme of the Week, I reached out to VettaFi's Senior Research Analyst, Zeno Mercer, for an update on the latest developments in AI and robotics.

Disruptive Tech Theme of the Week: Zeno Mercer Talks AI and Robotics

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Good Morning, VettaFi Voices! Disruptive innovation is a popular topic, and it encompasses everything from bitcoin and cryptocurrency to electric vehicles to artificial intelligence.

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On this episode of “What Makes That Ticker Tick,” VettaFi CMO Jon Fee spoke with Zeno Mercer, a senior research analyst at VettaFi to discuss the ROBO Global Healthcare Technology and Innovation Index.

What Makes That Ticker Tick: Zeno Mercer and HTEC

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The Latest Happenings in Health Tech: HTEC June Market Commentary

For some time, markets have been grappling with a handful of counteracting dynamics, including the clash between the bulls and the bears, the interplay between stimulus and inflation, and the delicate balance between growth and rate hikes. Adding to the mix in May was the US debt-ceiling conundrum and, of course, the ‘emergence' of AI.

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By Bill Studebaker, CIO & president, ROBO Global  Utter the dreaded words “credit crunch” and everyone is immediately haunted by the ghosts of 2008. Danger seems to be lurking around every corner.

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A decade ago, when the ROBO Global Robotics & Automation Index ETF (ROBO) launched, the U.S. thematic ETF market was nascent, with only a handful of products and minimal assets. However, at the end of 2021, there was approximately $130 billion in assets invested, per Global X.

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When it comes to innovation and making your world a better place, these are the best ETFs to buy to meet your objectives while making money.  The post 7 Best ETFs to Buy That Will Make Your World a Better Place appeared first on InvestorPlace.

7 Best ETFs to Buy That Will Make Your World a Better Place

ROBO Global provides their outlook on the future of robotics and artificial intelligence. Breakdown of ROBO Global's ETFs: (ROBO), (HTEC), and (THNQ).

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The ROBO Global Healthcare Technology and Innovation ETF was designed for investors looking to benefit from a long-overdue healthcare technological revolution in the areas of robotics, automation, and AI. Constituents are selected from a database of about 350 publicly-traded global health care companies, plus many more private, then scored based on a variety of both quantitative and qualitative factors.

Get An Insider's Look With HTEC

With the exchange traded funds industry on pace for another year of record-breaking asset-gathering, plenty of smaller issuers are joining the party, a trend that's buoyed by investors' affinity for thematic ETFs. The ROBO Global Healthcare Technology and Innovation ETF (HTEC) is capitalizing on those trends as it recently topped $100 million in assets under management, [.

ROBO Global's HTEC Hits 100 Million AUM, Boasts 59% Annual Gain

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News for ROBO Global Healthcare Technology and Innovation ETF ETF (HTEC)