2 Robotics Industry ETFs Tapping into Expanding AI and Automation


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2 Robotics Industry ETFs Tapping into Expanding AI and Automation

ETFSGROWTH STOCKSROBOTICS
 

The two ETFs I like are the Global X Funds Robotics & Artificial Intelligence ETF (Nasdaq: BOTZ) and the ROBO Global Robotics & Automation Index ETF (Nasdaq: ROBO). I am very positive on both of these ETFs and have previously recommended them to investors.

As you might surmise, there are a lot of similarities between the two funds as they both focus on what we might generally call robotics and automation.

But there are subtle differences. ROBO is older with an inception date of 10-22-2013, while BOTZ came to market on 09-12-2016. BOTZ is more liquid than ROBO with 88.9 million shares outstanding and an average trading volume of about two million shares a day. That compares with ROBO’s 53 million shares outstanding and average daily trading volume in the range of 700,000 shares.

BOTZ does have an edge when it comes to expenses with a lower expense ratio than ROBO – 0.68% versus 0.95% – which factors into the long-term performance of any fund or ETF

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