ROBO Global Healthcare Technology & Innovation ETF
ALTAR
Score™
0.5% info Recommen-
dation
AVOID
2020E    2021E
P/E
ratio
109.7x P/Sales
ratio
5.6x
P/BV
ratio
5.7x 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) $17
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) $24,197
Large cap (>$10bn) 49.8%
Mid cap ($2-10bn) 28.1%
Small cap (<$2bn) 20.4%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
DIASORIN SPA 2.3 %
QUIDEL CORP 2.2 %
CATALENT INC 1.8 %
DEXCOM INC 1.7 %
ABIOMED INC 1.7 %
PING AN HEALTHCARE AND TECHNOLOGY 1.7 %
ILLUMINA INC 1.7 %
TELADOC INC 1.6 %
IRHYTHM TECHNOLOGIES, INC. 1.6 %
INCYTE CORP 1.5 %
Total 17.8 %

TOP COUNTRY EXPOSURE
UNITED STATES 76.2 %
SWITZERLAND 4.9 %
ITALY 2.3 %
BRITAIN 2.0 %
CHINA 1.7 %
GERMANY 1.5 %
BELGIUM 1.4 %
JAPAN 1.3 %
LUXEMBOURG 1.2 %
NETHERLANDS 1.2 %

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 $29.81
30d moving avg. $27.96
Annualized volatility 0.0%
Short interest (ETF) 0.3%
Relative strength (RSI) 66

Liquidity measures
Avg. volume (thou.) 19
Turnover 3.3%
Bid/Ask (% of price) 0.15%
ADV underlying (mns) $14,239

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the ROBO Global Healthcare Technology & Innovation ETF 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™: 0.5%


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 ETF 33.5 35 33 1.9 +1.4
JHMH John Hancock Multifactor Healthcare ETF 26.7 40 28 5.8 +5.3
RYH Invesco S&P 500 Equal Weight Health Care ETF 26.6 40 28 6.3 +5.8
GDNA Goldman Sachs Motif Human Evolution ETF 24.9 50 18 0.3 -0.3
FXH First Trust Health Care AlphaDEX Fund 24.3 62 6 4.3 +3.7
HELX Franklin Genomic Advancements ETF 23.9 50 18 -1.9 -2.4
FHLC Fidelity MSCI Health Care Index ETF 22.4 8 60 5.5 +5.0
VHT Vanguard Health Care Index Fund 22.3 10 58 5.3 +4.8
IHI iShares U.S. Medical Devices ETF 21.8 43 25 3.4 +2.9
IYH iShares U.S. Healthcare ETF 21.6 43 25 5.9 +5.4
IEHS iShares Evolved U.S. Healthcare Staples ETF 20.9 18 50 5.5 +4.9
IXJ iShares Global Healthcare ETF 20.2 46 22 6.1 +5.6
LNGR Global X Longevity Thematic ETF 19.1 50 18 3.1 +2.5
XLV Health Care Select Sector SPDR Fund 19.0 13 55 6.9 +6.3
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 18.4 60 8 6.2 +5.7
PTH Invesco DWA Healthcare Momentum ETF 15.4 60 8 -2.4 -2.9
GNOM Global X Genomics & Biotechnology ETF 13.4 68 0 -3.7 -4.3
ROBO Robo Global Robotics & Automation Index ETF 13.4 95 -27 3.6 +3.1
BBH VanEck Vectors Biotech ETF 13.1 35 33 3.7 +3.1
BTEC Principal Healthcare Innovators Index ETF 13.0 42 26 -2.7 -3.2
XBI SPDR S&P BIOTECH ETF 12.4 35 33 -3.9 -4.4
JKE iShares Morningstar Large-Cap Growth ETF 12.2 25 43 3.5 +3.0
ARKG ARK Genomic Revolution Multi-Sector ETF 12.0 75 -7 0.0 -0.5
JKH iShares Morningstar Mid-Cap Growth ETF 11.8 30 38 2.5 +2.0
FNY First Trust Mid Cap Growth AlphaDEX Fund 11.7 70 -2 2.1 +1.6
IEIH iShares Evolved U.S. Innovative Healthcare ETF 11.6 18 50 3.8 +3.3
FBT First Trust NYSE Arca Biotechnology Index Fund 11.6 57 11 -1.0 -1.5
PSCH Invesco S&P SmallCap Health Care ETF 11.4 29 39 3.1 +2.6
RBUS Nationwide Risk-Based U.S. Equity ETF 11.4 30 38 5.1 +4.6
IBB iShares NASDAQ Biotechnology ETF 11.0 47 21 0.4 -0.1
FTC First Trust Large Cap Growth AlphaDEX Fund 10.8 61 7 3.0 +2.5
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 10.8 60 8 3.8 +3.2
AIEQ AI Powered Equity ETF 10.5 87 -19 3.5 +3.0
XT iShares Exponential Technologies ETF 10.3 47 21 5.4 +4.8
XRLV Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF 10.3 25 43 6.0 +5.5
FAD First Trust Multi Cap Growth AlphaDEX Fund 10.2 66 2 2.7 +2.1
ARKK ARK Innovation ETF 10.1 75 -7 -3.3 -3.8
IQM Franklin Intelligent Machines ETF 9.8 50 18 2.3 +1.7
DWEQ AdvisorShares Dorsey Wright Alpha Equal Weight ETF 9.8 99 -31 2.1 +1.6
JKK iShares Morningstar Small-Cap Growth ETF 9.8 30 38 1.4 +0.9
OMFS Oppenheimer Russell 2000 Dynamic Multifactor ETF 9.8 39 29 6.4 +5.9
VFMO Vanguard U.S. Momentum Factor ETF 9.3 13 55 2.1 +1.6
DTEC ALPS Disruptive Technologies ETF 9.0 50 18 3.7 +3.1
FTCS First Trust Capital Strength ETF 8.6 60 8 4.9 +4.4
VBK Vanguard Small-Cap Growth Index Fund 8.5 7 61 2.7 +2.1
VOT Vanguard Mid-Cap Growth Index Fund 8.5 7 61 3.7 +3.2
PWB Invesco Dynamic Large Cap Growth ETF 8.4 55 13 3.5 +3.0
QGRO American Century STOXX U.S. Quality Growth ETF 8.4 29 39 3.1 +2.6
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 8.4 35 33 4.5 +4.0
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 8.4 60 8 4.3 +3.7
DEF Invesco Defensive Equity ETF 8.0 55 13 5.1 +4.5
PQLC PGIM QMA Strategic Alpha Large-Cap Core ETF 7.7 17 51 7.1 +6.5
RPG Invesco S&P 500 Pure Growth ETF 7.7 35 33 4.5 +4.0
IWP iShares Russell Mid-Cap Growth ETF 7.7 24 44 4.3 +3.8
KOMP SPDR Kensho New Economies Composite ETF 7.6 20 48 1.8 +1.2
PEXL Pacer US Export Leaders ETF 7.6 60 8 6.5 +6.0
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 7.6 35 33 5.3 +4.7
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 7.6 49 19 4.2 +3.7
IWO iShares Russell 2000 Growth ETF 7.6 24 44 0.9 +0.3
HLAL Wahed FTSE USA Shariah ETF 7.5 50 18 4.7 +4.2
KRMA Global X Conscious Companies ETF 7.4 43 25 5.4 +4.9
VTWG Vanguard Russell 2000 Growth Index Fund 7.3 15 53 1.0 +0.4
IDNA iShares Genomics Immunology & Healthcare ETF 7.3 47 21 -2.6 -3.1
BIBL Inspire ETF 7.3 35 33 4.8 +4.3
SPLV Invesco S&P 500 Low Volatility ETF 7.2 25 43 5.7 +5.2
XOUT GraniteShares XOUT U.S. Large Cap ETF 7.1 60 8 4.6 +4.0
VGFO Virtus WMC Global Factor Opportunities ETF 7.1 49 19 6.3 +5.8
NULG Nuveen ESG Large-Cap Growth ETF 7.1 35 33 3.4 +2.9
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 7.0 75 -7 2.2 +1.6
HUSV First Trust Horizon Managed Volatility Domestic ETF 6.8 70 -2 5.3 +4.8
SPXT ProShares S&P 500 Ex-Technology ETF 6.7 27 41 5.8 +5.2
VUG Vanguard Growth Index Fund 6.7 4 64 4.3 +3.7
MTUM iShares Edge MSCI USA Momentum Factor ETF 6.6 15 53 4.7 +4.2
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 6.5 65 3 3.9 +3.4
MGK Vanguard Mega Cap Growth ETF 6.4 7 61 4.4 +3.8
MXDU Nationwide Maximum Diversification US Core Equity ETF 6.4 34 34 5.4 +4.8
PLCY EventShares U.S. Legislative Opportunities ETF 6.3 75 -7 3.9 +3.4
SCHG Schwab U.S. Large-Cap Growth ETF 6.3 4 64 4.4 +3.8
TTAC TrimTabs Float Shrink ETF 6.3 59 9 3.6 +3.1
MDYG SPDR S&P 400 Mid Cap Growth ETF 6.2 15 53 5.0 +4.4
IJK iShares S&P Mid-Cap 400 Growth ETF 6.2 24 44 4.9 +4.3
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 6.2 9 59 6.1 +5.6
SLYG SPDR S&P 600 Small Cap Growth ETF 6.1 15 53 5.6 +5.1
FDMO Fidelity Momentum Factor ETF 6.1 29 39 3.9 +3.4
IJT iShares S&P Small-Cap 600 Growth ETF 6.1 25 43 5.5 +5.0
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 6.1 75 -7 3.8 +3.2
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 6.1 15 53 4.9 +4.4
MFMS Motley Fool Small-Cap Growth ETF 6.1 85 -17 -1.9 -2.4
VIOG Vanguard S&P Small-Cap 600 Growth ETF 6.1 16 52 5.6 +5.0
SFY SoFi Select 500 ETF 6.1 0 68 5.4 +4.9
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 6.0 30 38 8.0 +7.5
PDP Invesco DWA Momentum ETF 6.0 62 6 2.8 +2.3
JMOM JPMorgan U.S. Momentum Factor ETF 6.0 12 56 4.0 +3.4
ESGV Vanguard ESG U.S. Stock ETF 6.0 12 56 5.4 +4.9
VXF Vanguard Extended Market Index Fund 5.9 7 61 4.1 +3.5
IQSU IQ Candriam ESG US Equity ETF 5.9 9 59 5.3 +4.8
TPLC Timothy Plan US Large Cap Core ETF 5.9 52 16 5.5 +5.0
ETHO Etho Climate Leadership U.S. ETF 5.9 47 21 4.6 +4.1
IUSG iShares Core S&P US Growth ETF 5.8 4 64 4.5 +4.0
SIZE iShares Edge MSCI USA Size Factor ETF 5.8 15 53 6.2 +5.7

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

  2015 2016 2017 2018 2019 2020E 2021E
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
  2019 2020E 2021E
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 & Innovation ETF
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 6.8 %
Divided by: Fwd. P/BV 5.6 x
Less: Expense ratio 68 bp
Equals: ALTAR Score 0.5 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.42 CATEGORY
AVERAGE
1.51
 
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.