Robo Global Healthcare Etf Profile
| HTEC Etf | USD 30.00 0.47 1.59% |
Performance2 of 100
| Odds Of DistressOver 53
|
Robo Global is trading at 30.00 as of the 28th of November 2024, a 1.59 percent increase since the beginning of the trading day. The etf's open price was 29.53. Robo Global has 53 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Robo Global Healthcare are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
The fund will normally invest at least 80 percent of its total assets in securities of the index or in depositary receipts representing securities of the index. Robo Global is traded on NYSEARCA Exchange in the United States. The company has 19.61 M outstanding shares. More on Robo Global Healthcare
Moving together with Robo Etf
Robo Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Theme ETFs, Health, Robo Global (View all Sectors) |
| Issuer | Exchange Traded Concepts |
| Inception Date | 2019-06-25 |
| Benchmark | ROBO Global Healthcare Technology and Innovation Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 54.74 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | SEI Investments Global Funds Services |
| Advisor | Exchange Traded Concepts, LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | SEI Investments Distribution Co. |
| Portfolio Manager | Andrew Serowik, Travis Trampe |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Dec |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 75.0 |
| Market Maker | Jane Street |
| Total Expense | 0.8 |
| Management Fee | 0.8 |
| Country Name | USA |
| Returns Y T D | 5.36 |
| Name | Robo Global Healthcare Technology and Innovation ETF |
| Currency Code | USD |
| Open Figi | BBG00PH8XS91 |
| In Threey Volatility | 23.38 |
| 1y Volatility | 20.65 |
| 200 Day M A | 28.1872 |
| 50 Day M A | 28.9661 |
| Code | HTEC |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.77) |
Robo Global Healthcare [HTEC] is traded in USA and was established 2019-06-24. The fund is listed under Health category and is part of Robo Global family. The entity is thematically classified as Strategy ETFs. Robo Global Healthcare currently have 97.66 M in assets under management (AUM). , while the total return for the last 3 years was -12.0%.
Robo Global Healthcare currently holds about 78.64 K in cash with (40.79 K) of positive cash flow from operations.
Check Robo Global 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 Robo Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Robo 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 Robo Global Healthcare 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.
Robo Global Healthcare Currency Exposure
Robo Global Healthcare 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 Robo Global 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 Robo Global Healthcare.
Top Robo Global Healthcare Etf Constituents
| AXGN | Axogen Inc | Stock | Health Care | |
| DDD | 3D Systems | Stock | Industrials | |
| ISRG | Intuitive Surgical | Stock | Health Care | |
| STAA | STAAR Surgical | Stock | Health Care | |
| IRTC | iRhythm Technologies | Stock | Health Care | |
| CDNA | Caredx Inc | Stock | Health Care | |
| AGPXX | Invesco Short Term Investments | Money Market Fund | US Money Market Fund | |
| CRL | Charles River Laboratories | Stock | Health Care |
Robo Global Healthcare Risk Profiles
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 Robo Global. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0153 | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.10) |
Robo Global Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Robo Global Healthcare. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
The market value of Robo Global Healthcare is measured differently than its book value, which is the value of Robo that is recorded on the company's balance sheet. Investors also form their own opinion of Robo Global's value that differs from its market value or its book value, called intrinsic value, which is Robo Global'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 Robo Global's market value can be influenced by many factors that don't directly affect Robo Global'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 Robo Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Robo Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Robo Global'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.