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Trending ETFs

ROBO Global® Healthcare Technology and Innovation ETF

ETF
HTEC
Payout Change
Pending
Price as of:
$27.6618 -0.57 -2.01%
primary theme
Health Care Sector Equity
HTEC (ETF)

ROBO Global® Healthcare Technology and Innovation ETF

Payout Change
Pending
Price as of:
$27.6618 -0.57 -2.01%
primary theme
Health Care Sector Equity
HTEC (ETF)

ROBO Global® Healthcare Technology and Innovation ETF

Payout Change
Pending
Price as of:
$27.6618 -0.57 -2.01%
primary theme
Health Care Sector Equity

Name

As of 04/10/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$27.66

$63.8 M

0.00%

0.80%

Vitals

YTD Return

-1.3%

1 yr return

-8.7%

3 Yr Avg Return

-14.9%

5 Yr Avg Return

N/A

Net Assets

$63.8 M

Holdings in Top 10

20.2%

52 WEEK LOW AND HIGH

$28.2
$22.02
$30.87

Expenses

OPERATING FEES

Expense Ratio 0.80%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 04/10/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$27.66

$63.8 M

0.00%

0.80%

HTEC - Profile

Distributions

  • YTD Total Return -1.3%
  • 3 Yr Annualized Total Return -14.9%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio -0.36%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    ROBO Global® Healthcare Technology and Innovation ETF
  • Fund Family Name
    EXCHANGE TRADED CONCEPTS TRUST
  • Inception Date
    Jun 24, 2019
  • Shares Outstanding
    3999561
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Andrew Serowik

Fund Description

The Fund normally invests in securities comprising the Index and in depositary receipts representing securities comprising the Index. The Index, which is owned and provided by ROBO Global Index LLC (the “Index Provider”), is designed to measure the performance of companies that have a portion of their business and revenue derived from the field of healthcare technology as described below and the potential to grow within this space through innovation and/or market adoption of their products and services (“Healthcare Technology Companies”). Under normal circumstances, the Fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in securities of Healthcare Technology Companies.

Index components are selected from a proprietary database of Healthcare Technology Companies that are organized into the following sub-sectors: (1) diagnostic; (2) lab process automation; (3) regenerative medicine; (4) precision medicine; (5) data and analytics; (6) telehealth; (7) robotics; (8) medical instruments; and (9) genomics. Each sub-sector’s representation in the Index varies.

Each eligible company is individually analyzed and then given a “HTEC Score” ranging from 1 to 100, comprised of factors representing levels of revenue a company receives from innovative healthcare technologies, as well as technology and market leadership within the healthcare technology space. Companies whose HTEC Score is greater than or equal to 50 and that meet the market capitalization and liquidity requirements described below are eligible for inclusion in the Index. The Index is comprised of a minimum of 50 constituents and a maximum of 100 constituents. Each constituent’s weight in the Index generally is determined by its HTEC Score as a percentage of the total score of all constituents. Companies in the Index are reweighted at each rebalance. Scores are reviewed on an ongoing basis by reevaluating the factors described above.

Eligible Index components are exchange-listed equity securities of Healthcare Technology Companies that have a market capitalization exceeding $200 million at the time of inclusion in the Index and a minimum trailing 3-month composite average daily volume of $2 million at the time of inclusion. Existing Index components must maintain a market capitalization of at least $100 million and a minimum trailing 3-month composite average daily volume of $1 million. As of August 1, 2023, the Index comprised 70 securities. As of August 1, 2023, the average market capitalization and one-year trading volume of the Index components were $33.55 billion and 1.57 billion shares, respectively.

The Index consists of securities of both U.S. and foreign issuers, including securities of issuers located in emerging market countries. The Index Provider expects, under normal circumstances, at least 20% of the Index components to represent securities of non-U.S. issuers. The Index may include China A-shares, which are shares of mainland China-based companies that trade on the Chinese stock exchanges. The Index is rebalanced and additions are made quarterly. Deletions from the Index may be made at any time due to changes in business, mergers, acquisitions, bankruptcies, suspensions, de-listings and spin-offs, or for other reasons as determined at the sole discretion of the Index Provider.

Additionally, the Index Provider excludes from Index eligibility any company that does not meet environmental, social and governance (“ESG”) criteria established by the Index Provider. The Index Provider uses a combination of internal research, engagement with companies, and data from third party ESG research providers when applying its ESG criteria and these criteria generally are applied independently of business, financial, and other considerations that have been established by the Index Provider for a company’s inclusion in the Index.

The Fund employs a “passive management” investment strategy in seeking to achieve its investment objective. The Fund generally will use a replication methodology, meaning it will invest in all of the securities comprising the Index in proportion to the weightings in the Index. However, the Fund may utilize a sampling methodology under various circumstances, including when it may not be possible or practicable to purchase all of the securities in the Index. The Adviser expects that over time, if the Fund has sufficient assets, the correlation between the Fund’s performance, before fees and expenses, and that of the Index will be 95% or better. A figure of 100% would indicate perfect correlation.

The Fund will concentrate its investments (i.e., invest more than 25% of its total assets) in a particular industry or group of industries to approximately the same extent that the Index concentrates in an industry or group of industries. As of August 1, 2023, the Index was concentrated in the Health Care Equipment & Services Industry Group. In addition, in replicating the Index, the Fund may from time to time invest a significant portion of its assets in the securities of companies in one or more sectors. As of August 1, 2023, the Index had a significant amount of investment exposure in the Health Care Sector.

The Fund may invest up to 20% of its assets in investments that are not included in the Index, but which the Adviser believes will help the Fund track the Index.

The Fund is non-diversified under the Investment Company Act of 1940 (the “1940 Act”) and may invest a greater percentage of its assets in a particular issuer than a diversified fund.

The Index Provider is not affiliated with the Fund or the Adviser. The Index Provider developed the methodology for determining the securities to be included in the Index and for the ongoing maintenance of the Index. The Index is calculated by Solactive AG, which is not affiliated with the Fund or the Adviser.

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HTEC - Performance

Return Ranking - Trailing

Period HTEC Return Category Return Low Category Return High Rank in Category (%)
YTD -1.3% -14.7% 18.8% 88.96%
1 Yr -8.7% -20.6% 34.6% 95.71%
3 Yr -14.9%* -31.5% 14.6% 94.87%
5 Yr N/A* -6.1% 14.2% 50.36%
10 Yr N/A* 0.2% 14.4% 72.27%

* Annualized

Return Ranking - Calendar

Period HTEC Return Category Return Low Category Return High Rank in Category (%)
2023 -2.9% -12.6% 19.0% 85.28%
2022 -33.7% -53.9% 3.2% 94.23%
2021 -0.3% -39.6% 24.2% 55.13%
2020 65.0% -13.6% 178.2% 1.99%
2019 N/A 3.8% 63.8% N/A

Total Return Ranking - Trailing

Period HTEC Return Category Return Low Category Return High Rank in Category (%)
YTD -1.3% -14.7% 18.8% 88.96%
1 Yr -8.7% -20.6% 34.6% 95.71%
3 Yr -14.9%* -31.5% 14.6% 94.87%
5 Yr N/A* -6.1% 14.2% N/A
10 Yr N/A* 0.2% 14.4% N/A

* Annualized

Total Return Ranking - Calendar

Period HTEC Return Category Return Low Category Return High Rank in Category (%)
2023 -2.9% -12.6% 19.0% 90.18%
2022 -33.7% -53.9% 3.7% 94.87%
2021 -0.3% -33.9% 26.0% 79.49%
2020 65.0% -0.7% 180.6% 1.99%
2019 N/A 4.6% 63.8% N/A

HTEC - Holdings

Concentration Analysis

HTEC Category Low Category High HTEC % Rank
Net Assets 63.8 M 7.41 M 47.2 B 80.37%
Number of Holdings 69 23 413 64.42%
Net Assets in Top 10 12.5 M 2.19 M 20.5 B 80.98%
Weighting of Top 10 20.17% 18.1% 77.0% 98.77%

Top 10 Holdings

  1. AZENTA INC COMMON STOCK 2.18%
  2. ARROWHEAD PHARMACEUTICALS IN COMMON STOCK 2.12%
  3. IRHYTHM TECHNOLOGIES INC COMMON STOCK 2.09%
  4. ILLUMINA INC COMMON STOCK 2.08%
  5. MODERNA INC COMMON STOCK 2.03%
  6. INTUITIVE SURGICAL INC COMMON STOCK 2.00%
  7. CATALENT INC COMMON STOCK 1.99%
  8. REVVITY INC COMMON STOCK 1.91%
  9. LONZA GROUP AG-REG COMMON STOCK 1.89%
  10. STRYKER CORP COMMON STOCK 1.88%

Asset Allocation

Weighting Return Low Return High HTEC % Rank
Stocks
99.88% 87.17% 106.13% 11.66%
Cash
0.12% 0.00% 32.99% 92.02%
Preferred Stocks
0.00% 0.00% 7.86% 69.33%
Other
0.00% -22.99% 17.73% 72.39%
Convertible Bonds
0.00% 0.00% 0.37% 60.76%
Bonds
0.00% 0.00% 12.39% 61.35%

Stock Sector Breakdown

Weighting Return Low Return High HTEC % Rank
Healthcare
97.55% 59.26% 100.00% 87.34%
Technology
2.45% 0.00% 22.69% 1.27%
Utilities
0.00% 0.00% 0.00% 58.23%
Real Estate
0.00% 0.00% 5.89% 60.13%
Industrials
0.00% 0.00% 7.02% 60.76%
Financial Services
0.00% 0.00% 1.60% 69.62%
Energy
0.00% 0.00% 0.00% 58.23%
Communication Services
0.00% 0.00% 9.11% 58.86%
Consumer Defense
0.00% 0.00% 25.73% 64.56%
Consumer Cyclical
0.00% 0.00% 1.92% 60.13%
Basic Materials
0.00% 0.00% 7.16% 71.52%

Stock Geographic Breakdown

Weighting Return Low Return High HTEC % Rank
US
85.79% 66.21% 104.41% 70.55%
Non US
14.09% 0.00% 28.58% 25.15%

HTEC - Expenses

Operational Fees

HTEC Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.80% 0.08% 4.28% 66.87%
Management Fee 0.80% 0.03% 1.25% 71.17%
12b-1 Fee 0.00% 0.00% 1.00% 10.26%
Administrative Fee N/A 0.03% 0.25% N/A

Sales Fees

HTEC Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

HTEC Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

HTEC Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 238.00% 21.34%

HTEC - Distributions

Dividend Yield Analysis

HTEC Category Low Category High HTEC % Rank
Dividend Yield 0.00% 0.00% 6.14% 73.62%

Dividend Distribution Analysis

HTEC Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Quarterly Annual

Net Income Ratio Analysis

HTEC Category Low Category High HTEC % Rank
Net Income Ratio -0.36% -2.54% 1.85% 61.54%

Capital Gain Distribution Analysis

HTEC Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

HTEC - Fund Manager Analysis

Managers

Andrew Serowik


Start Date

Tenure

Tenure Rank

Jun 24, 2019

2.94

2.9%

Mr. Serowik joined Exchange Traded Concepts, LLC from Goldman Sachs in May 2018. He began his career at Spear, Leeds & Kellogg, continuing with Goldman after its acquisition of SLK in September 2000. During his career of more than 18 years at the combined companies, he held various roles, including managing the global Quant ETF Strats team and One Delta ETF Strats. He designed and developed systems for portfolio risk calculation, algorithmic ETF trading, and execution monitoring, with experience across all asset classes. He graduated from the University of Michigan with a Bachelor of Business Administration degree in Finance.

Gabriel Tan


Start Date

Tenure

Tenure Rank

Aug 19, 2021

0.78

0.8%

Mr. Tan joined Exchange Traded Concepts, LLC in May 2019 as an Associate Portfolio Manager and was promoted to Portfolio Manager in December 2020. He began his career at UBS and BBR Partners where he worked as a financial planning analyst and a portfolio strategist for over four years. During his time there, he developed comprehensive wealth management solutions focused on portfolio optimization, trust and estate planning, and tax planning.

Todd Alberico


Start Date

Tenure

Tenure Rank

Aug 19, 2021

0.78

0.8%

Mr. Alberico joined Exchange Traded Concepts, LLC in November 2020, having spent the past 14 years in ETF trading at Goldman Sachs, Cantor Fitzgerald, and, most recently, Virtu Financial. He spent most of that time focused on the Trading and Portfolio Risk Management of ETFs exposed to international and domestic equity. He has worked on several different strategies including lead market-making and electronic trading, to customer facing institutional business developing models for block trading as well as transitional trades. Mr. Alberico graduated from St. John’s University in NY with a Bachelor of Science degree in Finance.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 24.72 7.84 0.25