The Robotics & Automation ETF (ROBO) returned 2.79% in the second quarter of 2021, while the Healthcare Technology & Innovation ETF (HTEC) rose 9.57%, and the Artificial Intelligence ETF (THNQ) increased 9.23%1. Mergers & Acquisitions continue at a brisk pace, with four members of the ROBO Global ETFs receiving takeout offers. In this report, we look at the key trends and big movers across our innovation portfolios and discuss why we believe that the set-up for robotics, AI, and healthcare technology stocks remains attractive.
Expense ratios –
ROBO: 0.95%, HTEC: 0.68%*, THNQ: 0.68%*
High short-term performance of the fund is unusual and investors should not expect such performance to be repeated.
*The advisor has contractually agreed to waive fees through August 31, 2021.