Robo Global Healthcare Technology and Innovation
ALTAR
Score™
0.0% info Recommen-
dation
AVOID
2019E    2020E
P/E
ratio
68.6x P/Sales
ratio
4.7x
P/BV
ratio
5.1x Div.
yield
0.4%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The ROBO Global Healthcare Technology and Innovation ETF tracks a market-cap selected and weighted index of global healthcare technology companies.

FUND BASICS
Category Global Equities
Fund Sponsor Exchange Traded Concepts
Website roboglobaletfs.com
Inception date Jun 25, 2019
Assets (mns) $4
Currency USD
Expense ratio 68 bp
Distributions Annually

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 85
Wgt avg mkt cap (mns) $21,197
Large cap (>$10bn) 36.9%
Mid cap ($2-10bn) 38.1%
Small cap (<$2bn) 23.3%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
ARROWHEAD PHARMACEUTICALS, INC. 1.9 %
TELADOC INC 1.8 %
DEXCOM INC 1.7 %
NATERA INC 1.7 %
ALIGN TECHNOLOGY INC 1.7 %
PENUMBRA, INC. 1.7 %
QIAGEN NV 1.7 %
ABIOMED INC 1.6 %
PING AN HEALTHCARE AND TECHNOLOGY 1.6 %
SIEMENS HEALTHINEERS AG 1.6 %
Total 17.2 %

TOP COUNTRY EXPOSURE
UNITED STATES 80.1 %
SWITZERLAND 3.5 %
NETHERLANDS 2.8 %
BRITAIN 2.3 %
CHINA 1.6 %
GERMANY 1.6 %
JAPAN 1.4 %
ITALY 1.4 %
AUSTRALIA 1.2 %
SPAIN 1.0 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru January 01)
Year-to-date 1 year 5 years 10 years Since Incep.
-- -- -- -- 0.0%

Market Correlations
versus... Beta R-squared
S&P500 -- --
MSCI EAFE -- --
MSCI Emg. Mkts. -- --

Technical Indicators
Recent close $25.20
30d moving avg. $23.95
Annualized volatility 0.0%
Short interest (ETF) 0.3%
Relative strength (RSI) 67

Liquidity measures
Avg. volume (thou.) 2
Turnover 1.3%
Bid/Ask (% of price) 0.17%
ADV underlying (mns) $8,629

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 20 potential alternatives to the Robo Global Healthcare Technology and Innovation ETF based on the alternatives' overlap in portfolio holdings with HTEC. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: HTEC Expense: 68 bp ALTAR Score™: 0.0%


ALTERNATIVE ETFs BASED ON OVERLAP WITH HTEC
Ticker Fund
Name
Overlap1
vs HTEC
(%)
Expense
ratio
(bp)
Savings
vs HTEC
(bp)
ALTAR
Score™
(%)
ALTAR
vs HTEC
(%)
XHE SPDR S&P Health Care Equipment 35.2 35 33 2.2 +2.2
RYH Invesco S&P Equal Weight Healthcare 26.4 40 28 7.2 +7.2
JHMH John Hancock Multifactor Health Care 23.2 40 28 6.8 +6.8
FXH First Trust Health Care Alphadex 22.9 63 5 7.2 +7.2
GDNA Goldman Sachs Motif Human Evolution 22.8 50 18 1.0 +1.0
IHI iShares DJ US Medical Devices 21.9 43 25 3.8 +3.8
FHLC Fidelity MSCI Health Care 21.5 8 60 6.0 +6.0
VHT Vanguard Health Care 21.2 10 58 5.9 +5.9
IYH iShares US Healthcare 20.4 43 25 6.4 +6.4
IXJ iShares S&P Global Healthcare 20.2 46 22 6.5 +6.5
PTH Invesco DWA Healthcare Momentum 20.1 60 8 -1.4 -1.4
LNGR Global X Longevity Thematic 19.8 50 18 3.7 +3.7
IEHS iShares Evolved U.S. Healthcare Staples 19.8 18 50 6.0 +6.0
XLV Health Care Select Sector SPDR 18.3 13 55 7.3 +7.3
ROBO Robo Global Robotics & Automation 14.7 95 -27 3.7 +3.7
GNOM Global X Genomics & Biotechnology 14.3 68 0 -6.4 -6.4
ARKG ARK Genomic Revolution Multi-Sector 13.8 75 -7 -4.2 -4.2
BTEC Principal Healthcare Innovators Index 13.2 42 26 -4.5 -4.5
PSCH Invesco S&P Small Cap Health Care 13.1 29 39 2.9 +2.9
XBI SPDR S&P Biotech ETF 12.7 35 33 -5.0 -5.0

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

Content on this tab for subscribers only

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:
Robo Global Healthcare Technology and Innovation
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

AVOID

Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may not be relevant.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 3.3 %
Divided by: Fwd. P/BV 4.8 x
Less: Expense ratio 68 bp
Equals: ALTAR Score 0.0 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.41 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.