It shouldn’t come as a surprise to hear that the robotics sector has been a highly popular investment theme this year.
Following years of innovation within the space, experts remain confident in the value that the sector can bring. For example, in ARK Invest’s “Big Ideas 2024” report, the firm expects global generalizable robotics to represent a $24 trillion investment opportunity.
As such, cash has continued to flow into supporting global growth in the industry. According to a report from F-Prime Capital, roughly $90 billion went into funding the global industry between 2019 and 2023.
Investors shouldn’t be expecting the robotics sector to lose momentum anytime soon. In fact, now may be an excellent opportunity to bolster robotics exposure within one’s portfolio.
Extensive Global Experience
For example, take a closer look at the ROBO Global Robotics & Automation Index ETF (ROBO ). The fund invests in companies around the globe that are leading the way within robotics, automation, and artificial intelligence.
The fund is benchmarked to the ROBO Global Robotics and Automation Index. This index provides exposure to companies across the cap spectrum that are engaged in the robotics and automation sectors.
Along with robust exposure to global growth in the robotics industry, ROBO offers significant diversification benefits. According to ETF Database, ROBO’s portfolio remains exposed to at least 15 different countries. That said, the fund has notable exposure to companies within the United States and Japan.
Unlike some of its peers that focus on industrials, ROBO holds a number of healthcare companies as well. Through exposure healthcare industry, ROBO can access unique avenues for growth that investors may be overlooking.
Launched in 2013, ROBO brings the added benefit of over a decade of experience in navigating robotics and automation sectors across the globe. The fund currently holds over $1 billion in assets under management.
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VettaFi LLC (“VettaFi”) is the index provider for ROBO, for which it receives an index licensing fee. However, ROBO is not issued, sponsored, endorsed or sold by VettaFi, and VettaFi has no obligation or liability in connection with the issuance, administration, marketing, or trading of ROBO.
