ROBO, The Global Robotics ETF For A Future (Perhaps)

ROBO ETF review: holdings, country/sector split, P/E 50.9 and PEG 2.56 suggest stretched robotics valuations. Learn more about ROBO ETF here.

Summary - ROBO Global Robotics and Automation Index ETF, a sector-specific thematic fund incepted in 2017 (TER 0.69% p.a.) that tracks a proprietary weighted index. - As of 07/13 the ETF counts 79 stocks, with the US at ~40%, followed by Japan (22.7%) where the top three sectors are Machinery, Electronic Equipment, Semiconductors. -

Based on a P/E of ~50.9x and CAGR growth estimates, I calculate a PEG-style ratio of ~2.56x. - In my opinion, today there are already stretched valuations even in the most favorable growth scenario. Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours.

I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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