Global X Robotics & Artificial Intelligence Thematic
ALTAR
Score™
3.6% info Recommen-
dation
NEUTRAL
2019E    2020E
P/E
ratio
29.5x P/Sales
ratio
2.0x
P/BV
ratio
2.8x Div.
yield
1.2%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Global X Robotics & Artificial Intelligence Thematic ETF provides market- cap selected and weighted exposure to companies involved in the development and production of robots or artificial intelligence.

FUND BASICS
Category Global Equities
Fund Sponsor Global X
Website www.globalxfunds.com
Inception date Sep 12, 2016
Assets (mns) $1,489
Currency USD
Expense ratio 68 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Market Value
Index replication
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 36
Wgt avg mkt cap (mns) $31,912
Large cap (>$10bn) 60.1%
Mid cap ($2-10bn) 22.5%
Small cap (<$2bn) 17.4%
Developed mkts 99.8%
Emerging mkts 0.2%

TOP TEN HOLDINGS
NVIDIA CORP 8.5 %
KEYENCE CORP 7.3 %
ABB LTD. 7.2 %
MITSUBISHI ELECTRIC CORP 7.0 %
INTUITIVE SURGICAL INC 6.8 %
FANUC LTD 6.7 %
SMC CORP 5.4 %
YASKAWA ELECTRIC CORP 5.2 %
OMRON CORP 5.0 %
DAIFUKU CO LTD 4.5 %
Total 63.5 %

TOP COUNTRY EXPOSURE
JAPAN 48.0 %
UNITED STATES 30.3 %
SWITZERLAND 10.6 %
BRITAIN 4.4 %
FINLAND 2.3 %
CANADA 1.7 %
GERMANY 1.3 %
SOUTH KOREA 0.2 %



HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
25.1% 7.7% -- -- 12.5%

Market Correlations
versus... Beta R-squared
S&P500 1.61 75%
MSCI EAFE 1.75 74%
MSCI Emg. Mkts. 1.34 69%

Technical Indicators
Recent close $21.44
30d moving avg. $20.76
Annualized volatility 22.7%
Short interest (ETF) 0.5%
Relative strength (RSI) 67

Liquidity measures
Avg. volume (thou.) 445
Turnover 0.6%
Bid/Ask (% of price) 0.05%
ADV underlying (mns) $2,279

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 20 potential alternatives to the Global X Robotics & Artificial Intelligence Thematic ETF based on the alternatives' overlap in portfolio holdings with BOTZ. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: BOTZ Expense: 68 bp ALTAR Score™: 3.6%


ALTERNATIVE ETFs BASED ON OVERLAP WITH BOTZ
Ticker Fund
Name
Overlap1
vs BOTZ
(%)
Expense
ratio
(bp)
Savings
vs BOTZ
(bp)
ALTAR
Score™
(%)
ALTAR
vs BOTZ
(%)
ROBO Robo Global Robotics & Automation 27.9 95 -27 3.7 +0.1
LOUP Innovator Loup Frontier Tech 18.6 70 -2 2.7 -0.9
ROBT First Trust Nasdaq Artificial Intelligence & Robotics 15.9 65 3 2.6 -1.1
GMAN Goldman Sachs Motif Manufacturing Revolution 12.6 50 18 4.7 +1.1
DTEC ALPS Disruptive Technologies 11.5 50 18 3.5 -0.1
EKAR Innovation Shares NextGen Vehicles & Technology 8.6 95 -27 7.1 +3.4
ESPO VanEck Vectors Video Gaming & eSports 8.5 55 13 3.6 -0.1
SOXX iShares PHLX SOX Semiconductor 8.4 46 22 5.9 +2.3
ARKQ ARK Industrial Innovation 8.3 75 -7 1.0 -2.7
IRBO iShares Robotics and Artificial Intelligence 8.1 47 21 2.5 -1.2
IDRV iShares Self-driving EV & Tech 7.8 47 21 9.0 +5.3
QTUM Defiance Quantum 6.1 40 28 6.4 +2.8
HERO Global X Video Games & Esports 6.1 50 18 3.9 +0.2
SMH VanEck Vectors Semiconductors 5.6 35 33 6.2 +2.6
PRNT 3D Printing 5.4 66 2 -0.3 -3.9
ENTR ERShares Entrepreneur 30 5.3 49 19 3.9 +0.3
PSI Invesco Dynamic Semiconductors 5.3 58 10 5.6 +2.0
JPN Xtrackers Japan JPX-Nikkei 400 Equity 4.9 9 59 8.1 +4.5
JPXN iShares JPX-Nikkei 400 4.9 48 20 7.7 +4.1
EWJ iShares MSCI Japan 4.9 47 21 7.6 +4.0

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2014 2015 2016 2017 2018 2019E 2020E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2018 2019E 2020E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
Global X Robotics & Artificial Intelligence Thematic
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL

Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 11.3 %
Divided by: Fwd. P/BV 2.6 x
Less: Expense ratio 68 bp
Equals: ALTAR Score 3.6 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.63 CATEGORY
AVERAGE
1.54
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.