by winston » Wed Oct 11, 2017 3:15 pm
Best Tech ETFs: Robo Global Robotics & Automation ETF (ROBO)
Expense ratio: 0.95%, or $95 on a $10,000 stake.
Speaking of tech ETFs that once a looked a little too narrowly focused there is the Robo Global Robotics & Automation ETF (NASDAQ:ROBO).
Like SKYY, the Robo Global Robotics&Automation ETF has proved the critics wrong as highlighted by $1.4 billion in assets under management.
More importantly, ROBO is delivering when it comes to performance. This tech ETF is up 36.2% year-to-date, outpacing the Nasdaq-100 Index by nearly 1,200 basis points.
ROBO is another tech ETF with a compelling long-term thesis. Members of the ROBO Global Robotics & Automation Index, ROBO’s underlying benchmark, are knocking the cover off the ball when it comes to earnings and revenue beats this year.
Booming demand for artificial intelligence and healthcare robotics are among the catalysts that could support more upside for ROBO in 2018.
Source: Investor Place
It's all about "how much you made when you were right" & "how little you lost when you were wrong"