Robo Global Robotics and Automation Index ETF (ROBO)
- Previous Close
57.21 - Open
57.10 - Bid 52.55 x 1200
- Ask 58.00 x 1300
- Day's Range
56.95 - 57.25 - 52 Week Range
45.42 - 60.29 - Volume
45,083 - Avg. Volume
67,980 - Net Assets 1.25B
- NAV 57.19
- PE Ratio (TTM) 29.67
- Yield 0.05%
- YTD Daily Total Return -0.42%
- Beta (5Y Monthly) 1.42
- Expense Ratio (net) 0.95%
The fund will normally invest at least 80% of its total assets in securities of the index or in depositary receipts representing securities of the index. The index is designed to measure the performance of robotics-related and/or automation-related companies. The fund may invest up to 20% of its assets in investments that are not included in the index, but which the Adviser and Sub-Adviser believe will help it track the index. It is non-diversified.
Robo Global
Fund Family
Global Small/Mid Stock
Fund Category
1.25B
Net Assets
2013-10-22
Inception Date
Performance Overview: ROBO
Trailing returns as of 5/17/2024. Category is Global Small/Mid Stock.
People Also Watch
Holdings: ROBO
Top 10 Holdings (17.50% of Total Assets)
Sector Weightings
Recent News: ROBO
Research Reports: ROBO
US Tariffs on Chinese EVs Do Not Change Our View of US EV Adoption
Albemarle is one of the world's largest lithium producers. In the lithium industry, the majority of demand comes from batteries, where lithium is used as the energy storage material, particularly in electric vehicles. Albemarle is a fully integrated lithium producer. Its upstream resources include salt brine deposits in Chile and the US and two hard rock mines in Australia, both of which are joint ventures. The company operates lithium refining plants in Chile, the US, Australia, and China. Albemarle is a global leader in the production of bromine, used in flame retardants. It is also a major producer of oil refining catalysts.
RatingPrice TargetUS Tariffs on Chinese EVs Do Not Change Our View of US EV Adoption
Lithium Americas is a pure-play lithium producer. The firm owns one resource, Thacker Pass, that is located in northwest Nevada. Thacker Pass recently began construction and is expected to begin production in the mid- to late 2020s. Thacker Pass is one of the largest known lithium resources in the world. The project would be the first clay-based asset to enter production, and we estimate it will be in bottom half of the global cost curve. Management plans to develop Thacker Pass into a fully integrated lithium production site, with downstream refining capabilities on site, and will sell into the lithium chemical market.
RatingPrice TargetLithium: China Auto Trade-In Subsidy Supports Our View for Growing Lithium Demand and Higher Prices
Sociedad Quimica y Minera de Chile is a Chilean commodities producer with significant operations in lithium (primarily used in batteries for electric vehicles and energy storage systems), specialty and standard potassium fertilizers, iodine (primarily used in X-ray contrast media), and solar salts. The company extracts these materials through its high-quality salt brine deposits and caliche ore. SQM is also developing a hard rock lithium project in Australia and is growing its lithium refining assets in China.
RatingPrice TargetSQM Earnings: Supply Discipline Will Support Lithium Price Recovery
Sociedad Quimica y Minera de Chile is a Chilean commodities producer with significant operations in lithium (primarily used in batteries for electric vehicles and energy storage systems), specialty and standard potassium fertilizers, iodine (primarily used in X-ray contrast media), and solar salts. The company extracts these materials through its high-quality salt brine deposits and caliche ore. SQM is also developing a hard rock lithium project in Australia and is growing its lithium refining assets in China.
RatingPrice Target