ROBO Global Artificial Intelligence ETF
ALTAR
Score™
1.5% info Recommen-
dation
UNDERWEIGHT
2020E    2021E
P/E
ratio
70.8x P/Sales
ratio
6.6x
P/BV
ratio
8.7x Div.
yield
0.3%


  • 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) $10
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 72
Wgt avg mkt cap (mns) $142,393
Large cap (>$10bn) 72.8%
Mid cap ($2-10bn) 17.7%
Small cap (<$2bn) 7.1%
Developed mkts 88.8%
Emerging mkts 11.2%

TOP TEN HOLDINGS
CLOUDFLARE INC CLASS A 2.6 %
VERACYTE INC 2.2 %
NUANCE COMMUNICATIONS INC 2.0 %
HUBSPOT INC 2.0 %
TWILIO, INC. CLASS A 1.9 %
XILINX INC 1.8 %
ATLASSIAN CORP. PLC CLASS A 1.7 %
ARISTA NETWORKS, INC. 1.7 %
FAIR ISAAC CORP 1.7 %
ANALOG DEVICES INC 1.7 %
Total 19.3 %

TOP COUNTRY EXPOSURE
UNITED STATES 72.2 %
CHINA 7.4 %
FRANCE 3.3 %
BRITAIN 3.3 %
NETHERLANDS 2.7 %
GERMANY 1.4 %
LUXEMBOURG 1.4 %
ARGENTINA 1.4 %
IRELAND 1.3 %
ISRAEL 1.3 %

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.
10.4% -- -- -- 10.4%

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

Technical Indicators
Recent close $36.30
30d moving avg. $34.69
Annualized volatility 0.0%
Short interest (ETF) 1.7%
Relative strength (RSI) 55

Liquidity measures
Avg. volume (thou.) 5
Turnover 1.8%
Bid/Ask (% of price) 0.35%
ADV underlying (mns) $75,579

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 98 potential alternatives to the ROBO Global Artificial Intelligence ETF ETF based on the alternatives' overlap in portfolio holdings with THNQ. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: THNQ Expense: 68 bp ALTAR Score™: 1.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH THNQ
Ticker Fund
Name
Overlap1
vs THNQ
(%)
Expense
ratio
(bp)
Savings
vs THNQ
(bp)
ALTAR
Score™
(%)
ALTAR
vs THNQ
(%)
SKYY First Trust Cloud Computing ETF 29.7 60 8 2.1 +0.6
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 28.1 75 -7 4.0 +2.5
OGIG O'Shares Global Internet Giants ETF 27.6 48 20 0.7 -0.8
XNTK SPDR NYSE Technology ETF 27.5 35 33 3.3 +1.8
AIQ Global X Future Analytics Tech ETF 26.8 68 0 3.8 +2.3
FXL First Trust Technology AlphaDEX Fund 24.6 61 7 3.7 +2.2
IRBO iShares Robotics & Artificial Intelligence ETF 23.9 47 21 2.4 +0.9
XITK SPDR FactSet Innovative Technology ETF 23.2 45 23 0.5 -1.0
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 23.0 59 9 4.1 +2.6
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 23.0 35 33 4.3 +2.8
TECB iShares US Tech Breakthrough Multisector ETF 22.5 40 28 3.9 +2.4
IGM iShares Expanded Tech Sector ETF 22.2 46 22 3.6 +2.1
JHMT John Hancock Multifactor Technology ETF 21.8 40 28 4.4 +2.9
RYT Invesco S&P 500 Equal Weight Technology ETF 21.2 40 28 6.1 +4.6
NULG Nuveen ESG Large-Cap Growth ETF 21.1 35 33 3.6 +2.1
ARKW ARK Web x.0 ETF 21.0 76 -8 -0.8 -2.3
WUGI Esoterica NextG Economy ETF 20.6 75 -7 1.3 -0.2
QTUM Defiance Quantum ETF 20.3 40 28 5.0 +3.5
GIGE SoFi Gig Economy ETF 20.3 59 9 -0.6 -2.1
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 20.3 75 -7 2.4 +0.9
SLT Pacer Salt High TruBeta US Market ETF 19.8 60 8 3.1 +1.6
IETC iShares Evolved U.S. Technology ETF 19.7 18 50 3.7 +2.2
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 18.7 57 11 4.6 +3.1
BLCN Reality Shares Nasdaq NextGen Economy ETF 18.5 68 0 5.2 +3.7
GVIP Goldman Sachs Hedge Industry VIP ETF 18.4 45 23 3.5 +2.0
FTC First Trust Large Cap Growth AlphaDEX Fund 18.3 61 7 2.4 +0.9
IGV iShares Expanded Tech-Software ETF 17.7 46 22 2.2 +0.7
MGK Vanguard Mega Cap Growth ETF 17.6 7 61 3.9 +2.4
IYW iShares U.S. Technology ETF 17.5 43 25 3.7 +2.2
ECOZ TrueMark ESG Active Opportunities ETF 17.5 58 10 3.3 +1.8
QGRO American Century STOXX U.S. Quality Growth ETF 17.4 29 39 3.2 +1.6
IWF iShares Russell 1000 Growth ETF 17.4 19 49 3.7 +2.1
JKE iShares Morningstar Large-Cap Growth ETF 17.4 25 43 2.9 +1.4
AIEQ AI Powered Equity ETF 17.2 87 -19 2.0 +0.5
ALFA AlphaClone Alternative Alpha ETF 17.1 65 3 -0.5 -2.0
VONG Vanguard Russell 1000 Growth Index Fund 17.1 8 60 3.8 +2.3
DTEC ALPS Disruptive Technologies ETF 17.1 50 18 2.9 +1.4
QYLG Global X Nasdaq 100 Covered Call & Growth ETF 17.0 60 8 3.4 +1.9
QQQM Invesco NASDAQ 100 ETF 17.0 15 53 3.8 +2.3
QQQ Invesco QQQ Trust 17.0 20 48 3.8 +2.3
QYLD Global X NASDAQ 100 Covered Call ETF 17.0 60 8 3.4 +1.9
PNQI Invesco NASDAQ Internet ETF 17.0 60 8 1.2 -0.3
VUG Vanguard Growth Index Fund 16.9 4 64 3.7 +2.2
FTEC Fidelity MSCI Information Technology Index ETF 16.9 8 60 4.3 +2.8
RPG Invesco S&P 500 Pure Growth ETF 16.9 35 33 4.2 +2.7
BUYZ Franklin Disruptive Commerce ETF 16.9 50 18 -0.2 -1.7
VGT Vanguard Information Technology Index Fund 16.9 10 58 4.3 +2.8
FCTR First Trust Lunt U.S. Factor Rotation ETF 16.8 65 3 2.5 +1.0
MMLG First Trust Multi-Manager Large Growth ETF 16.7 85 -17 2.0 +0.5
ANEW ProShares MSCI Transformational Changes ETF 16.7 45 23 3.1 +1.6
NUSI Nationwide Risk-Managed Income ETF 16.7 68 0 3.5 +2.0
SCHG Schwab U.S. Large-Cap Growth ETF 16.6 4 64 3.4 +1.9
IWY iShares Russell Top 200 Growth ETF 16.5 20 48 3.8 +2.3
XT iShares Exponential Technologies ETF 16.5 47 21 4.7 +3.2
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 16.3 65 3 2.8 +1.3
XSW SPDR S&P Software & Services ETF 16.2 35 33 4.2 +2.7
JMOM JPMorgan U.S. Momentum Factor ETF 16.1 12 56 3.3 +1.8
ESGV Vanguard ESG U.S. Stock ETF 16.0 12 56 4.8 +3.3
BLOK Amplify Transformational Data Sharing ETF 15.8 70 -2 5.4 +3.9
LEGR First Trust Index Digital Transaction & Process Technology E 15.6 65 3 9.0 +7.5
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 15.4 21 47 2.9 +1.4
VEGN US Vegan Climate ETF 15.3 60 8 4.7 +3.2
IXN iShares Global Tech ETF 15.3 46 22 4.2 +2.7
KOIN Innovation Shares NextGen Protocol ETF 15.1 95 -27 4.2 +2.7
XLK Technology Select Sector SPDR Fund 15.0 13 55 4.6 +3.0
SFY SoFi Select 500 ETF 14.9 0 68 4.8 +3.3
JKH iShares Morningstar Mid-Cap Growth ETF 14.7 30 38 1.9 +0.4
VFMO Vanguard U.S. Momentum Factor ETF 14.5 13 55 0.3 -1.2
USXF iShares ESG Advanced MSCI USA ETF 14.5 10 58 4.7 +3.1
PWB Invesco Dynamic Large Cap Growth ETF 14.5 56 12 3.3 +1.7
ROBO Robo Global Robotics & Automation Index ETF 14.5 95 -27 2.9 +1.4
ARKF ARK Fintech Innovation ETF 14.5 75 -7 0.3 -1.2
PTF Invesco DWA Technology Momentum ETF 14.4 60 8 -0.8 -2.3
VOOG Vanguard S&P 500 Growth ETF 14.4 10 58 4.2 +2.6
XOUT GraniteShares XOUT U.S. Large Cap ETF 14.4 60 8 3.9 +2.4
MTUM iShares MSCI USA Momentum Factor ETF 14.3 15 53 4.1 +2.6
FDMO Fidelity Momentum Factor ETF 14.3 29 39 3.2 +1.7
BOSS Global X Founder-Run Companies ETF 14.2 45 23 3.0 +1.5
WFH Direxion Work From Home ETF 14.1 45 23 5.4 +3.9
IVW iShares S&P 500 Growth ETF 14.1 18 50 4.1 +2.6
SPYG SPDR Portfolio S&P 500 Growth ETF 14.1 4 64 4.2 +2.7
FDN First Trust Dow Jones Internet Index Fund 14.0 52 16 1.9 +0.4
SUSA iShares MSCI USA ESG Select ETF 14.0 25 43 4.5 +3.0
FVL First Trust Value Line 100 Exchange-Traded Fund 13.9 70 -2 4.9 +3.4
IUSG iShares Core S&P US Growth ETF 13.9 4 64 4.2 +2.7
JQUA JPMorgan U.S. Quality Factor ETF 13.9 12 56 5.1 +3.6
IQSU IQ Candriam ESG US Equity ETF 13.9 9 59 4.8 +3.3
IWL iShares Russell Top 200 ETF 13.8 15 53 4.7 +3.1
NULC Nuveen ESG Large-Cap ETF 13.8 20 48 4.7 +3.2
IWFH iShares Virtual Work and Life Multisector ETF 13.7 47 21 0.9 -0.6
BKLC BNY Mellon US Large Cap Core Equity ETF 13.7 0 68 4.8 +3.3
CACG ClearBridge All Cap Growth ETF 13.6 54 14 4.1 +2.6
CLOU Global X Cloud Computing ETF 13.6 68 0 0.6 -1.0
MGC Vanguard Mega Cap Index Fund 13.6 7 61 4.8 +3.3
SFYF SoFi 50 ETF 13.6 29 39 1.1 -0.5
TTTN UP Fintech China-U.S. Internet Titans ETF 13.5 59 9 4.7 +3.2
ENTR Entrepreneur 30 Fund 13.5 49 19 1.0 -0.5
STLG iShares Factors US Growth Style ETF 13.5 25 43 4.2 +2.7

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 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 17.1 %
Divided by: Fwd. P/BV 7.8 x
Less: Expense ratio 68 bp
Equals: ALTAR Score 1.5 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.41 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.