Global X Robotics Etf Profile

BOTZ Etf  USD 31.24  0.39  1.26%   

Performance

7 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 9

 
High
 
Low
Low
Global X is trading at 31.24 as of the 23rd of July 2024; that is 1.26 percent increase since the beginning of the trading day. The etf's open price was 30.85. Global X has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Global X Robotics are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of June 2024 and ending today, the 23rd of July 2024. Click here to learn more.
The fund invests at least 80 percent of its total assets in the securities of the underlying index. Gx Robotics is traded on NASDAQ Exchange in the United States. More on Global X Robotics

Moving together with Global Etf

  0.68ICLN iShares Global CleanPairCorr
  0.91XT iShares ExponentialPairCorr
  0.84QCLN First Trust NASDAQPairCorr
  0.93DRIV Global X AutonomousPairCorr

Moving against Global Etf

  0.32MSOS AdvisorShares PurePairCorr

Global Etf Highlights

Thematic Ideas
Showing 3 out of 4 themes
Business ConcentrationRobots And Drones, Theme ETFs, Artificial Intelligence, Strategy ETFs, Miscellaneous Sector, Global X Funds (View all Sectors)
IssuerGlobal X
Inception Date2016-09-12
BenchmarkIndxx Global Robotics & Artificial Intelligence Thematic Index
Entity TypeRegulated Investment Company
Asset Under Management2.72 Billion
Average Trading Valume616,332.4
Asset TypeEquity
CategoryStrategy
FocusTheme
Market ConcentrationDeveloped Markets
RegionGlobal
AdministratorGlobal X Management Company LLC
AdvisorGlobal X Management Company LLC
CustodianBrown Brothers Harriman & Co.
DistributorSEI Investments Distribution Co.
Portfolio ManagerChang Kim, James Ong, Nam To
Transfer AgentBrown Brothers Harriman & Co.
Fiscal Year End31-Dec
ExchangeNASDAQ
Number of Constituents51.0
Market MakerSusquehanna
Total Expense0.68
Management Fee0.68
Country NameUSA
Returns Y T D8.4
NameGlobal X Robotics Artificial Intelligence ETF
Currency CodeUSD
Open FigiBBG00DSB42G0
In Threey Volatility29.06
1y Volatility26.71
200 Day M A29.0059
50 Day M A31.3052
CodeBOTZ
Updated At21st of July 2024
Currency NameUS Dollar
Global X Robotics [BOTZ] is traded in USA and was established 2016-09-12. The fund is listed under Miscellaneous Sector category and is part of Global X Funds family. The entity is thematically classified as Robots And Drones. Global X Robotics currently have 1.2 B in assets under management (AUM). , while the total return for the last 3 years was -1.8%.
Check Global X Probability Of Bankruptcy

Geographic Allocation (%)

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Global Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Global Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Global X Robotics Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Global X Robotics Currency Exposure

Global X Robotics holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Global X will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Global X Robotics.

Top Global X Robotics Etf Constituents

YASKFYASKAWA ElectricPink SheetElectrical Equipment & Parts
SMECFSMC CorpPink SheetSpecialty Industrial Machinery
ABLZFABBPink SheetElectrical Equipment & Parts
TRMBTrimbleStockInformation Technology
MBLYMobileye Global ClassStockConsumer Discretionary
DAIUFDaifuku CoOTC StockSpecialty Industrial Machinery
DTDynatrace Holdings LLCStockInformation Technology
FANUFFanucPink SheetSpecialty Industrial Machinery
More Details

Global X Top Holders

GXTGGlobal X ThematicEtfGlobal Small/Mid Stock
UBOTDirexion Daily RoboticsEtfTrading--Leveraged Equity
TMATMain Thematic InnovationEtfGlobal Small/Mid Stock
More Details

Global X Robotics Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Global X market risk premium is the additional return an investor will receive from holding Global X long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Global X. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Global X's alpha and beta are two of the key measurements used to evaluate Global X's performance over the market, the standard measures of volatility play an important role as well.

Global X Against Markets

Additional Information and Resources on Investing in Global Etf

When determining whether Global X Robotics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Global X's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Global X Robotics Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Global X Robotics Etf:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Global X Robotics. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
The market value of Global X Robotics is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global X's value that differs from its market value or its book value, called intrinsic value, which is Global X's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Global X's market value can be influenced by many factors that don't directly affect Global X's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Global X's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global X is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global X's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.