BOTZ vs ROBO: The Best Robotics & Artificial Intelligence ETF For 2021 thestreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestreet.com Daily Mail and Mail on Sunday newspapers.
February 5, 2021
Robotics is an increasingly compelling investment niche, but one that’s often tricky to stock pick in. Enter exchange traded funds like the
ROBT follows the Nasdaq CTA Artificial Intelligence and Robotics Index. ROBT provides exposure to target companies engaged in the artificial intelligence and robotics segments of the technology, industrial, and other economic sectors. Components are classified as AI or robotics engagers, enablers, or enhancers, as determined by the Consumer Technology Association.
Home to nearly $222 million in assets under management, ROBT turns three years old later this month. It has the leverage to clear growth trends.
The annual global installed base of industrial robots is expected to rise to 3.55 million by 2021, compared to 1.83 million back in 2016. Meanwhile, artificial intelligence will find support from drivers like inference systems including facial recognition, robotics, factory automation, autonomous driving, and surveilla