ROBO: ROBO GLOBAL(R) ROBOTICS AND AUTOMATION INDEX ETF
ETF Education Report: ROBO GLOBAL(R) Robotics and Automation Index ETF (ROBO)
What this ETF is trying to do
The ROBO ETF is designed to track companies involved in the robotics and automation industry. Instead of picking just one company, this ETF holds many different companies to give investors exposure to the field of automation.
What the numbers show
The current price of one share is $83.40. To understand how this ETF has performed, we look at two different types of returns: price return (how much the share price changed) and total return (which includes both price changes and any cash paid out to investors).
• Year-to-Date (YTD): The YTD price return is approximately 20.33%. For this ETF, the YTD total return is also approximately 20.33%.
• One Year: The one-year price return is approximately 20.87%. The one-year total return is higher, at approximately 21.38%.
• Three Year: The three-year price return is approximately 67.47%. The three-year total return is approximately 69.18%.
An estimated price from roughly one year ago was $69.00.
Income and distribution explanation
Some investors look for "distributions," which is cash paid out by the ETF. The distribution yield for ROBO is approximately 0.35%. This means the cash paid out is a small percentage of the share price. The distributions are described as "irregular" or "less frequent," with one payout recorded in the last 12 months.
NAV erosion explanation
"NAV erosion" is a term used to describe when the value of an ETF's underlying assets declines significantly over time. StockValueFinder uses an "erosion-risk score" to help monitor this. For ROBO, the erosion score is 100, and the label indicates "No price erosion detected." There is no severe erosion-risk flag for this ETF.
Top Holdings
The following are some of the top companies held by this ETF. Please note that this is a partial list and holdings can change over time:
• Intuitive Surgical Inc (1.85%)
• Celtic Investment Inc (1.66%)
• Teradyne Inc (1.66%)
• Fanuc Corp (1.65%)
• Harmonic Drive Systems Inc (1.63%)
• Rockwell Automation Inc (1.59%)
Pros
• The ETF has shown positive price returns over the last year and three years.
• The total return is higher than the price return, meaning distributions added value to the overall performance.
• The erosion-risk measurement is rated as "good."
Cons
• The distribution yield is relatively low (0.35%), so it may not be a primary choice for investors seeking high regular income.
• The distributions are irregular rather than being paid on a steady, predictable schedule.
Beginner takeaway
ROBO is an ETF focused on the robotics sector. It has experienced growth in its share price over the last year and three years. While it does pay some distributions, they are small and do not happen on a regular schedule. Currently, the data shows no signs of price erosion.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | INTUITIVE SURGICAL INC | ISRG | 1.85% |
| 2 | CELTIC INVESTMENT INC | n/a | 1.66% |
| 3 | TERADYNE INC | TER | 1.66% |
| 4 | FANUC CORP | n/a | 1.65% |
| 5 | HARMONIC DRIVE SYSTEMS INC | n/a | 1.63% |
| 6 | ROCKWELL AUTOMATION INC | ROK | 1.59% |
| 7 | NOVANTA INC | NOVT | 1.57% |
| 8 | CASH | n/a | 1.55% |
| 9 | HON HAI PRECISION INDUSTRY CO LTD | n/a | 1.54% |
| 10 | IPG PHOTONICS CORP | IPGP | 1.54% |