The top three sectors in this fund are: Technology (45.76% of assets), Industrial (40.52%), and Healthcare (12.33%)
Global X Robotics & Artificial Intelligence ETF (BOTZ)
From Positive Patterns
Global X Robotics & Artificial Intelligence ETF (BOTZ) is an ETF that invests in stocks in companies involved in Robotics & Artificial Intelligence. I think BOTZ has a lot of future potential. BOTZ trades over 700,000 shares a day/on average, so there is plenty of liquidity and the company has about $1.5 Billion in net assets. If you are looking for a way to play this coming growth, I think this ETF makes sense.
Top Ten BOTZ Holdings:
Name/Symbol.........................Market Cap...............................% held by BOTZ
Intuitive Surgical (ISRG) USA based - $59 Billion m/cap.....7.3% long time growth favorite
Mitsubishi (MIELY) - Japan $61 Billion m/cap..................................7.3% big and successful
Keyence (KYCCF) - Japan - $74 Billion m/cap....................7.3% 1st class company
Fanuc (FANUY) - Japan - $36 Billion m/cap.....................................6.6% up and comer/promising
ABB LTD (ABB) - Sweden - $42 Billion m/cap....................5% old name with right stuff
Omron (OMRNY) - Japan - $10 Billion m/cap...................................5.2% should be fast growing
SMC Corp. (SMECF) - Japan - $25 Billion m/cap................4.8% this is a unique company
John Bean Technology (JBT) - USA based - $3.6 Billion m/cap........4.8% fund/inst. favorite
Nvidia (NVDA) - USA based - $98 Billion m/cap...............4.2% - been a terrific stock
Yasakaw Electric (YASKY) - Japan - $8.7 Billion m/cap....................4.2% - exciting growth potential
About 56% of the $1.5 Billion in this ETF are in these 10 stocks; that’s about normal for an ETF like this. These are mostly higher risk growth stocks. There are about 34-35 stocks in all. These are good companies with bright futures; and, yes, they are not cheap either. I think this area might be one of the most exciting growth sectors ahead in the next 5-10 years. These stocks are riskier than say MO, RTN, AON, CME, DIS, or UNP etc. However, these organic growth stories that have much more upside potential.
I believe this is a good ‘idea/ETF’ to own for the next 5-10 years. I would buy BOTZ up to $24, and a close above $24 would be good technical news, as well as a signal that this ETF could be starting a new growth phase.
Bob Howard, Positive Patterns, P.O. Box 310, Turners, MO 65765, 417-887-4486, June 30, 2019