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Trending ETFs

ROBO Global® Robotics and Automation Index ETF

ETF
ROBO
Payout Change
Pending
Price as of:
$58.53 +0.48 +0.83%
primary theme
N/A
ROBO (ETF)

ROBO Global® Robotics and Automation Index ETF

Payout Change
Pending
Price as of:
$58.53 +0.48 +0.83%
primary theme
N/A
ROBO (ETF)

ROBO Global® Robotics and Automation Index ETF

Payout Change
Pending
Price as of:
$58.53 +0.48 +0.83%
primary theme
N/A

Name

As of 03/27/2024

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

$58.53

$1.35 B

0.05%

$0.03

0.95%

Vitals

YTD Return

2.1%

1 yr return

12.0%

3 Yr Avg Return

-2.5%

5 Yr Avg Return

8.9%

Net Assets

$1.35 B

Holdings in Top 10

17.9%

52 WEEK LOW AND HIGH

$58.1
$45.51
$60.05

Expenses

OPERATING FEES

Expense Ratio 0.95%

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 03/27/2024

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

$58.53

$1.35 B

0.05%

$0.03

0.95%

ROBO - Profile

Distributions

  • YTD Total Return 2.1%
  • 3 Yr Annualized Total Return -2.5%
  • 5 Yr Annualized Total Return 8.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.19%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    ROBO Global® Robotics and Automation Index ETF
  • Fund Family Name
    EXCHANGE TRADED CONCEPTS TRUST
  • Inception Date
    Oct 21, 2013
  • Shares Outstanding
    26997480
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Rafael Zayas

Fund Description

The Fund normally invests in securities comprising the Index and in depositary receipts representing securities comprising the Index. The Index is designed to measure the performance of robotics-related and/or automation-related companies. Companies eligible for inclusion in the Index derive a significant portion of their revenue from robotics-related and/or automation-related products and/or services, as determined by ROBO Global Index LLC (the “Index Provider”) (“Robotics and Automation Companies”). Such products and/or services include any technology, service or device that supports, aids, or contributes to any type of robot, robotic action and/or automation system process, software or management. Examples of such products and/or services include products that incorporate artificial intelligence, unmanned vehicles, software that enables virtualized product design and implementation, three-dimensional printers, navigation systems, and medical robots or robotic instruments. 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 Robotics and Automation Companies.

Index components are selected from a proprietary database of Robotics and Automation Companies that are organized into two general categories: technologies and applications. Robotics and Automation Companies are categorized as technologies if they (1) manufacture or provide services related to any machinery, equipment, devices or sensors supporting a robot performing its task or (2) provide key-enabling software and processing technologies used to advance the conversion to autonomous systems. Robotics and Automation Companies are categorized as applications if they incorporate multiple robotic and automation technologies into their product or manufacturing process. Each category’s representation in the Index varies.

Each eligible company is individually analyzed and then given a “ROBO Score” ranging from 1 to 100 that is determined based on the levels of revenue the company receives from robotics and automation activities, levels of investment the company makes in robotics and automation, and the company’s technology and market leadership in the robotics and automation universe. So long as all other Index eligibility requirements are met, companies assigned a ROBO Score greater than or equal to 50 are eligible for inclusion in the Index. The Index is comprised of a minimum of 50 constituents and a maximum of 100 constituents. If, after screening companies based on the factors listed above, there are fewer than 50 companies eligible for inclusion in the Index, the Index Provider may reduce the eligibility requirements until that number is reached. Each constituent’s weight in the Index generally is determined by its ROBO 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 common and preferred equity securities of Robotics and Automation 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. As of August 1, 2023, the ROBO Global® Robotics and Automation Index comprised 78 securities. As of August 1, 2023, the average market capitalization and one-year trading volume of the Index components were $37.472 billion and 3.17 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 40% 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. Exchange Traded Concepts, LLC (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 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. Such investments include cash and cash equivalents, including money market funds.

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 Machinery Industry. 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 Information Technology Sector and Industrials Sector.

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 owns the methodology for determining the securities to be included in the Index and is responsible 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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ROBO - Performance

Return Ranking - Trailing

Period ROBO Return Category Return Low Category Return High Rank in Category (%)
YTD 2.1% -44.3% 9.5% 21.15%
1 Yr 12.0% -51.1% 24.7% 65.81%
3 Yr -2.5%* -6.4% 28.0% 30.41%
5 Yr 8.9%* -4.2% 18.3% 28.00%
10 Yr 8.3%* 1.0% 13.7% N/A

* Annualized

Return Ranking - Calendar

Period ROBO Return Category Return Low Category Return High Rank in Category (%)
2023 23.7% -50.5% 18.8% 6.76%
2022 -33.9% -27.4% 103.5% 9.09%
2021 15.1% 3.5% 66.4% 17.14%
2020 45.0% -64.5% 5.6% 50.00%
2019 29.0% -9.3% 49.7% 5.66%

Total Return Ranking - Trailing

Period ROBO Return Category Return Low Category Return High Rank in Category (%)
YTD 2.1% -44.3% 9.5% 87.82%
1 Yr 12.0% -51.1% 24.7% 62.58%
3 Yr -2.5%* -6.4% 28.0% 29.73%
5 Yr 8.9%* -4.2% 18.3% 28.00%
10 Yr 8.3%* 1.0% 13.7% N/A

* Annualized

Total Return Ranking - Calendar

Period ROBO Return Category Return Low Category Return High Rank in Category (%)
2023 23.7% -50.6% 18.8% 6.76%
2022 -33.9% -27.4% 103.5% 9.09%
2021 15.3% 3.5% 66.4% 17.14%
2020 45.3% -64.5% 5.6% 68.25%
2019 29.5% -9.3% 53.2% 7.55%

ROBO - Holdings

Concentration Analysis

ROBO Category Low Category High ROBO % Rank
Net Assets 1.35 B 2.31 M 71.6 B 16.88%
Number of Holdings 79 31 9561 60.00%
Net Assets in Top 10 204 M 452 K 5.44 B 21.25%
Weighting of Top 10 17.94% 4.2% 63.4% 69.38%

Top 10 Holdings

  1. AIRTAC INTERNATIONAL GROUP COMMON STOCK 2.11%
  2. SERVICENOW INC COMMON STOCK 1.92%
  3. KEYENCE CORP COMMON STOCK 1.85%
  4. INTUITIVE SURGICAL INC COMMON STOCK 1.81%
  5. KARDEX HOLDING AG-REG COMMON STOCK 1.75%
  6. HEXAGON AB-B SHS COMMON STOCK 1.72%
  7. FANUC CORP COMMON STOCK 1.71%
  8. DASSAULT SYSTEMES SE COMMON STOCK 1.69%
  9. HIWIN TECHNOLOGIES CORP COMMON STOCK 1.69%
  10. AZENTA INC COMMON STOCK 1.68%

Asset Allocation

Weighting Return Low Return High ROBO % Rank
Stocks
99.42% 40.59% 104.41% 10.63%
Cash
0.58% -4.41% 47.07% 86.88%
Preferred Stocks
0.00% 0.00% 1.04% 51.88%
Other
0.00% -7.94% 19.71% 66.25%
Convertible Bonds
0.00% 0.00% 7.55% 45.63%
Bonds
0.00% 0.00% 8.07% 47.50%

Stock Sector Breakdown

Weighting Return Low Return High ROBO % Rank
Technology
43.48% 0.00% 93.40% 5.63%
Industrials
39.07% 0.00% 53.77% 10.63%
Healthcare
11.12% 0.00% 28.38% 46.88%
Consumer Cyclical
4.98% 0.00% 71.20% 87.50%
Consumer Defense
1.35% 0.00% 52.28% 89.38%
Utilities
0.00% 0.00% 70.33% 78.75%
Real Estate
0.00% 0.00% 43.48% 84.38%
Financial Services
0.00% 0.00% 75.07% 92.50%
Energy
0.00% 0.00% 36.56% 71.25%
Communication Services
0.00% 0.00% 23.15% 91.88%
Basic Materials
0.00% 0.00% 26.39% 91.25%

Stock Geographic Breakdown

Weighting Return Low Return High ROBO % Rank
Non US
53.95% 12.39% 83.06% 17.50%
US
45.46% 6.76% 79.19% 64.38%

ROBO - Expenses

Operational Fees

ROBO Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.95% 0.43% 2.93% 73.75%
Management Fee 0.95% 0.30% 1.25% 71.88%
12b-1 Fee 0.00% 0.00% 1.00% 3.70%
Administrative Fee N/A 0.03% 0.15% N/A

Sales Fees

ROBO Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

ROBO Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 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.

ROBO Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 7.00% 145.00% 23.65%

ROBO - Distributions

Dividend Yield Analysis

ROBO Category Low Category High ROBO % Rank
Dividend Yield 0.05% 0.00% 14.18% 11.88%

Dividend Distribution Analysis

ROBO Category Low Category High Category Mod
Dividend Distribution Frequency None Annually Annually Annually

Net Income Ratio Analysis

ROBO Category Low Category High ROBO % Rank
Net Income Ratio 0.19% -1.92% 6.98% 36.31%

Capital Gain Distribution Analysis

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

Distributions History

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ROBO - Fund Manager Analysis

Managers

Rafael Zayas


Start Date

Tenure

Tenure Rank

Aug 28, 2018

3.76

3.8%

Rafael Zayas, CFA, is Senior Vice President, Head of Portfolio Management and Trading at Vident Investment Advisory, LLC since June 2020. Mr. Zayas became SVP, Head of Portfolio Management and Trading in June 2020. From 2017 to 2020, he was a Senior Portfolio Manager – International Equity at Vident and has over 15 years of experience that includes managing international equity portfolios, including in emerging and frontier markets. Prior to joining Vident, he was a Portfolio Manager – Direct Investments for seven years at Russell Investments, a global asset manager, where he co-managed more than $4 billion in quantitative strategies across global markets, including the Russell Strategic Call Overwriting Fund, a mutual fund. Mr. Zayas also helped Russell Investments launch its sponsored ETF initiative and advised on index methodologies. Prior to joining Russell Investments, Mr. Zayas was a Portfolio Manager – Equity Indexing at Mellon Capital Management, where he managed assets for internationally listed global equity ETFs. Mr. Zayas graduated with a B.S. in Electrical Engineering from Cornell University and obtained a Certificate in Computational Finance and Risk Management from the University of Washington. He also attained the Chartered Financial Analyst designation in 2010.

Ryan Dofflemeyer


Start Date

Tenure

Tenure Rank

Sep 01, 2020

1.75

1.8%

Ryan Dofflemeyer, ProShare Advisors: Portfolio Manager since January 2011, and a registered associated person and an NFA associate member of ProShares Capital Management LLC since October 2010.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 39.6 7.02 9.33