ROBO Global Artificial Intelligence ETF
ALTAR
Score™
2.1% info Recommen-
dation
UNDERWEIGHT
2023E    2024E
P/E
ratio
52.8x P/Sales
ratio
5.0x
P/BV
ratio
5.7x Div.
yield
0.4%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
THNQ tracks a global index of companies involved in developing the technology and the infrastructure of enabling artificial intelligence.

FUND BASICS
Category Global Equities
Fund Sponsor Exchange Traded Concepts
Website roboglobaletfs.com
Inception date May 08, 2020
Assets (mns) $27
Currency USD
Expense ratio 68 bp
Distributions Annually

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 69
Wgt avg mkt cap (mns) $124,685
Large cap (>$10bn) 65.7%
Mid cap ($2-10bn) 18.5%
Small cap (<$2bn) 5.8%
Developed mkts 89.0%
Emerging mkts 11.0%

TOP TEN HOLDINGS
ALIBABA GROUP HOLDING LTD. SPONSOR 2.2 %
ALTERYX, INC. CLASS A 2.1 %
ATLASSIAN CORP. PLC CLASS A 1.9 %
VARONIS SYSTEMS INC 1.8 %
NVIDIA CORP 1.8 %
AMAZON.COM INC 1.8 %
FAIR ISAAC CORP 1.8 %
MERCADOLIBRE INC 1.8 %
SPLUNK INC 1.8 %
AMBARELLA INC 1.8 %
Total 18.7 %

TOP COUNTRY EXPOSURE
UNITED STATES 73.9 %
CHINA 5.1 %
TAIWAN 4.1 %
BRITAIN 2.8 %
ISRAEL 2.4 %
NETHERLANDS 2.2 %
ARGENTINA 1.9 %
CANADA 1.7 %
FRANCE 1.4 %
GERMANY 1.4 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
14.9% -21.7% -- -- 4.4%

Market Correlations
versus... Beta R-squared
S&P500 1.22 76%
MSCI EAFE 1.10 61%
MSCI Emg. Mkts. 1.00 48%

Technical Indicators
Recent close $32.35
30d moving avg. $27.78
Annualized volatility 27.0%
Short interest (ETF) 3.5%
Relative strength (RSI) 65

Liquidity measures
Avg. volume (thou.) 3
Turnover 0.4%
Bid/Ask (% of price) 0.54%
ADV underlying (mns) $30,487

Distributions


! There were no matches found with other funds under coverage.

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RESULTS & ESTIMATES

  2018 2019 2020 2021 2022 2023E 2024E
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
  2022 2023E 2024E
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 Artificial Intelligence ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT

Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 14.4 %
Divided by: Fwd. P/BV 5.1 x
Less: Expense ratio 68 bp
Equals: ALTAR Score 2.1 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.43 CATEGORY
AVERAGE
1.48
 
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.