ROBO Global Artificial Intelligence ETF
ALTAR
Score™
1.5% info Recommen-
dation
UNDERWEIGHT
2020E    2021E
P/E
ratio
72.3x P/Sales
ratio
6.1x
P/BV
ratio
8.5x 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) $5
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 70
Wgt avg mkt cap (mns) $143,138
Large cap (>$10bn) 77.8%
Mid cap ($2-10bn) 15.5%
Small cap (<$2bn) 6.7%
Developed mkts 90.7%
Emerging mkts 9.3%

TOP TEN HOLDINGS
VEEVA SYSTEMS INC-CLASS A 1.9 %
ALTERYX, INC. CLASS A 1.9 %
TESLA MOTORS INC 1.9 %
SQUARE, INC. CLASS A 1.8 %
NUANCE COMMUNICATIONS INC 1.8 %
WIX.COM LTD 1.8 %
AMAZON.COM INC 1.8 %
VERACYTE INC 1.8 %
YANDEX NV-A 1.8 %
SPOTIFY TECHNOLOGY SA 1.8 %
Total 18.4 %

TOP COUNTRY EXPOSURE
UNITED STATES 69.9 %
CHINA 6.4 %
FRANCE 3.6 %
NETHERLANDS 3.1 %
BRITAIN 2.8 %
ISRAEL 1.8 %
LUXEMBOURG 1.8 %
CANADA 1.6 %
IRELAND 1.4 %
ARGENTINA 1.4 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru July 31)
Year-to-date 1 year 5 years 10 years Since Incep.
7.9% -- -- -- 7.9%

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

Technical Indicators
Recent close $32.50
30d moving avg. $30.74
Annualized volatility 0.0%
Short interest (ETF) 4.8%
Relative strength (RSI) 67

Liquidity measures
Avg. volume (thou.) 5
Turnover 3.3%
Bid/Ask (% of price) 0.35%
ADV underlying (mns) $94,062

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 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
(%)
XNTK SPDR NYSE Technology ETF 29.6 35 33 3.5 +2.0
AIQ Global X Future Analytics Tech ETF 29.0 68 0 3.7 +2.2
SKYY First Trust Cloud Computing ETF 28.8 60 8 2.1 +0.7
OGIG O'Shares Global Internet Giants ETF 28.5 48 20 0.6 -0.8
FXL First Trust Technology AlphaDEX Fund 27.2 61 7 3.2 +1.7
IRBO iShares Robotics & Artificial Intelligence ETF 25.6 47 21 2.5 +1.1
GDAT Goldman Sachs Motif Data-Driven World Etf 25.4 50 18 4.6 +3.2
XITK SPDR FactSet Innovative Technology ETF 25.4 45 23 0.3 -1.2
ARKW ARK Web x.0 ETF 24.9 76 -8 -0.8 -2.3
TECB iShares US Tech Breakthrough Multisector ETF 23.9 40 28 3.9 +2.4
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 23.5 59 9 4.0 +2.6
IGM iShares Expanded Tech Sector ETF 23.5 46 22 3.6 +2.2
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 23.5 35 33 4.3 +2.8
GIGE SoFi Gig Economy ETF 23.0 59 9 -0.7 -2.1
JHMT John Hancock Multifactor Technology ETF 22.9 40 28 4.8 +3.3
QGRO American Century STOXX U.S. Quality Growth ETF 22.5 29 39 3.0 +1.6
NULG Nuveen ESG Large-Cap Growth ETF 22.1 35 33 3.5 +2.0
QTUM Defiance Quantum ETF 21.4 40 28 5.4 +3.9
WUGI Esoterica NextG Economy ETF 21.3 75 -7 1.6 +0.2
RYT Invesco S&P 500 Equal Weight Technology ETF 20.8 40 28 6.5 +5.0
GVIP Goldman Sachs Hedge Industry VIP ETF 20.6 45 23 4.2 +2.8
IETC iShares Evolved U.S. Technology ETF 20.3 18 50 3.6 +2.2
JKE iShares Morningstar Large-Cap Growth ETF 20.0 25 43 2.7 +1.3
ECOZ TrueMark ESG Active Opportunities ETF 19.6 58 10 3.9 +2.4
CHGX Change Finance U.S. Large Cap Fossil Fuel Free ETF 19.5 49 19 5.0 +3.5
PNQI Invesco NASDAQ Internet ETF 19.1 62 6 1.0 -0.5
FTC First Trust Large Cap Growth AlphaDEX Fund 19.0 61 7 2.6 +1.2
QYLD Global X NASDAQ 100 Covered Call ETF 18.9 60 8 3.4 +1.9
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 18.8 57 11 4.8 +3.3
QQQ Invesco QQQ Trust 18.6 20 48 3.7 +2.2
BUYZ Franklin Disruptive Commerce ETF 18.6 50 18 -0.3 -1.7
NUSI Nationwide Risk-Managed Income ETF 18.6 68 0 3.3 +1.9
IYW iShares U.S. Technology ETF 18.2 42 26 3.8 +2.4
BLCN Reality Shares Nasdaq NextGen Economy ETF 18.2 68 0 3.5 +2.0
MGK Vanguard Mega Cap Growth ETF 18.1 7 61 3.9 +2.4
VONG Vanguard Russell 1000 Growth Index Fund 18.0 8 60 3.7 +2.2
IWF iShares Russell 1000 Growth ETF 18.0 19 49 3.6 +2.1
IGV iShares North American Tech-Software ETF 17.9 46 22 2.4 +0.9
LEGR First Trust Index Digital Transaction & Process Technology E 17.8 65 3 6.8 +5.4
IWY iShares Russell Top 200 Growth ETF 17.6 20 48 3.7 +2.2
FTEC Fidelity MSCI Information Technology Index ETF 17.6 8 60 4.3 +2.9
VUG Vanguard Growth Index Fund 17.5 4 64 3.8 +2.3
BLOK Amplify Transformational Data Sharing ETF 17.5 70 -2 4.2 +2.7
VGT Vanguard Information Technology Index Fund 17.4 10 58 4.3 +2.9
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 17.2 65 3 3.7 +2.2
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 16.8 21 47 3.0 +1.5
DTEC ALPS Disruptive Technologies ETF 16.7 50 18 3.3 +1.8
SCHG Schwab U.S. Large-Cap Growth ETF 16.6 4 64 3.9 +2.5
XT iShares Exponential Technologies ETF 16.6 47 21 4.9 +3.4
KOIN Innovation Shares NextGen Protocol ETF 16.6 95 -27 4.1 +2.6
AIEQ AI Powered Equity ETF 16.5 87 -19 3.0 +1.5
MTUM iShares Edge MSCI USA Momentum Factor ETF 16.5 15 53 4.1 +2.6
PWB Invesco Dynamic Large Cap Growth ETF 16.2 55 13 3.3 +1.8
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 16.1 75 -7 3.8 +2.3
IXN iShares Global Tech ETF 16.1 46 22 4.2 +2.8
ARKK ARK Innovation ETF 16.0 75 -7 -2.7 -4.2
XSW SPDR S&P Software & Services ETF 16.0 35 33 3.8 +2.3
VFMO Vanguard U.S. Momentum Factor ETF 15.8 13 55 0.1 -1.3
VEGN US Vegan Climate ETF 15.8 60 8 5.0 +3.5
PLAT WisdomTree Modern Tech Platforms Fund 15.7 45 23 1.0 -0.4
XLK Technology Select Sector SPDR Fund 15.7 13 55 4.5 +3.1
JKH iShares Morningstar Mid-Cap Growth ETF 15.6 30 38 2.1 +0.7
GBUY Goldman Sachs Motif New Age Consumer ETF 15.6 50 18 1.7 +0.2
FDN First Trust Dow Jones Internet Index Fund 15.5 52 16 2.1 +0.7
ENTR Entrepreneur 30 Fund 15.3 49 19 1.5 +0.1
BOSS Global X Founder-Run Companies ETF 15.3 45 23 3.5 +2.0
SFYF SoFi 50 ETF 15.3 29 39 1.7 +0.2
RPG Invesco S&P 500 Pure Growth ETF 15.2 35 33 4.3 +2.8
SFY SoFi Select 500 ETF 15.1 0 68 5.0 +3.6
XOUT GraniteShares XOUT U.S. Large Cap ETF 15.1 60 8 4.0 +2.5
NULC Nuveen ESG Large-Cap ETF 14.9 20 48 4.8 +3.4
JMOM JPMorgan U.S. Momentum Factor ETF 14.8 12 56 3.5 +2.1
ROBO Robo Global Robotics & Automation Index ETF 14.8 95 -27 3.3 +1.9
TMFC Motley Fool 100 Index ETF 14.7 50 18 3.3 +1.8
PTF Invesco DWA Technology Momentum ETF 14.7 60 8 0.1 -1.4
VOOG Vanguard S&P 500 Growth ETF 14.7 10 58 4.1 +2.6
IVW iShares S&P 500 Growth ETF 14.7 18 50 4.0 +2.6
SPYG SPDR Portfolio S&P 500 Growth ETF 14.7 4 64 4.2 +2.7
TTTN UP Fintech China-U.S. Internet Titans ETF 14.6 59 9 4.0 +2.5
IUSG iShares Core S&P US Growth ETF 14.6 4 64 4.2 +2.7
LRNZ TrueMark Technology, AI & Deep Learning ETF 14.4 68 0 0.2 -1.3
CLOU Global X Cloud Computing ETF 14.4 68 0 0.6 -0.8
JQUA JPMorgan U.S. Quality Factor ETF 14.3 12 56 5.2 +3.7
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 14.2 60 8 3.5 +2.1
FMK First Trust Mega Cap AlphaDEX Fund 14.2 70 -2 4.7 +3.2
IQSU IQ Candriam ESG US Equity ETF 14.0 9 59 4.9 +3.4
PDP Invesco DWA Momentum ETF 13.9 62 6 2.3 +0.8
ESGV Vanguard ESG U.S. Stock ETF 13.9 12 56 4.9 +3.5
SUSA iShares MSCI USA ESG Select ETF 13.9 25 43 4.6 +3.2
DSI iShares MSCI KLD 400 Social ETF 13.8 25 43 5.0 +3.5
IWL iShares Russell Top 200 ETF 13.8 15 53 4.8 +3.3
ARKF ARK Fintech Innovation ETF 13.7 75 -7 0.4 -1.0
BKLC BNY Mellon US Large Cap Core Equity ETF 13.7 0 68 4.9 +3.5
ARKQ Ark Industrial Innovation ETF 13.6 75 -7 0.8 -0.6
CACG ClearBridge All Cap Growth ETF 13.6 54 14 4.2 +2.7
IBUY Amplify Online Retail ETF 13.6 65 3 -1.4 -2.9
GENY Principal Millennials Index ETF 13.6 45 23 3.7 +2.3
TTAC TrimTabs All Cap U.S. Free-Cash-Flow ETF 13.5 59 9 3.4 +2.0
FDNI First Trust Dow Jones International Internet ETF 13.5 65 3 2.1 +0.6
MMTM SPDR S&P 1500 Momentum Tilt ETF 13.5 12 56 4.4 +3.0

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

  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 16.6 %
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
1.44 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.