The
Global X Robotics & Artificial Intelligence Thematic ETF (BOTZ) is up 60% within the past year and one of its top holdings, Japanese robot maker Fanuc Corp, just boosted its profit forecast, citing an increased demand in electric cars.
BOTZ seeks to invest in companies that potentially stand to benefit from increased adoption and utilization of robotics and artificial intelligence (AI), including those involved with industrial robotics and automation, non-industrial robots, and autonomous vehicles.
Additionally, BOTZ seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global Robotics & Artificial Intelligence Thematic Index. The index itself captures large- and mid-cap representation across 23 Developed Markets (DM) and 24 Emerging Markets (EM) countries.
January 29, 2021
Social distancing is helping to push the needle toward more telemedicine, which bodes well for ETFs like the
“Once considered to be merely a novel way to connect doctors with patients, telemedicine now is recognized as an essential tool in the fight to overcome Covid-19,” a Forbes article noted. “Since the start of this pandemic, there has been a nationwide push for treating non-emergency physical and mental illnesses with virtual office visits. The effort has the support of the federal government, healthcare insurance payers and professional healthcare associations.”
“The ability to hold videoconferences over smartphones, tablets and personal computers enables patients to receive care from their own homes and avoid traveling to settings where Covid-19 may be spread,” the article added.
January 28, 2021
In the business world, healthy competition can help spur innovation. China is looking to one-up Tesla in the autonomous driving space, which could help the
DRIV seeks to invest in companies involved in the development of autonomous vehicle technology, electric vehicles (“EVs”), and EV components and materials. This includes companies involved in the development of autonomous vehicle software and hardware, as well as companies that produce EVs, EV components such as lithium batteries, and critical EV materials such as lithium and cobalt.
DRIV seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Autonomous & Electric Vehicles Index. The fund offers:
January 21, 2021
As ESG investing keeps on growing, clean energy initiatives will keep the sun shining on clean energy ETFs like the
Global X CleanTech ETF (CTEC).
At a 0.50% expense ratio, CTEC seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global CleanTech Index. The fund invests at least 80% of its total assets, plus borrowings for investments purposes, in the securities of the index and in ADRs, GDRs based on the securities in the index.
The index is designed to provide exposure to exchange-listed companies that are positioned to benefit from the increased adoption of technologies focused on improving the efficiency of renewable energy production and/or mitigating the adverse environmental effects of resource consumption. Overall, the fund gives investors exposure to:
January 22, 2021
Digital payment provider Square Inc is one stock to watch as the financial technology (fintech) space continues to grow at a rapid pace. It’s also the top holding in the
“Online payment provider Square Inc. has been a stock to watch over the past five years,” a Schaeffer’s Investment Research article noted. “The equity has dominated the charts since its 2015 initial public offering (IPO), and is now up nearly 1,700%. This surge has only gotten more impressive in 2020, with shares up roughly 250%. There is still plenty of pent-up pessimism surrounding SQ, however, indicating the equity still has room to run the perfect pick for options bulls.”