The Robotics & Automation ETF (ROBO) returned 4.27% in the first quarter of 2021, the Healthcare Technology & Innovation ETF (HTEC) returned 0.41%, and the Artificial Intelligence ETF (THNQ) decreased 1.38%. With tech stocks trailing and cyclical and value stocks catching up as the economic recovery continues to broaden, the ROBO Global ETFs exhibited the potential benefits of diversification. Diversification does not ensure a profit or guarantee against a loss. In this report, we discuss the key quarterly performance takeaways and why we believe that robotics, AI, and healthcare technologies should be of interest to investors.
The performance data quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original costs. Current performance may be higher or lower than the performance quoted. For performance data current to the most recent month-end, please call 1-855-456-7626 or visit www.roboglobaletfs.com. (SI) since inception
Expense ratios – ROBO: 0.95%, HTEC: 0.68% (through August 31, 2021), THNQ: 0.68% (through August 31, 2021) High short-term performance of the fund is unusual and investors should not expect such performance to be repeated.