ROBO Global Robotics & Automation ETF (ROBO) – Global X ETFs Australia

ROBO


ROBO Global Robotics & Automation ETF

Reasons to Consider ROBO

High Growth Potential

The global robotics technology market size was estimated at USD 72.17 billion in 2022 and is expected to surpass around USD 283.19 billion by 2032.1

Compelling Economics

The average cost of an industrial robot declined from USD$46k in 2010 to just USD$27k in 2017 – and is forecasted to dip below USD$11k by 2025 as technology improves and scales, allowing for broader adoption across industries.2

Unconstrained Approach

Robotics and automation have wide-reaching applications, extending far beyond industrial activity. ROBO invests accordingly, with global exposure across multiple sectors and industries.

1 (Precedence Research, 2023) https://www.precedenceresearch.com/robotics-technology-market#:~:text=The%20global%20robotics%20technology%20market,forecast%20period%202023%20to%202032.
2 Statista, Apr 2019

Product Information As of 11 Apr 2024

Inception Date 13 Sep 2017
Management Costs (% p.a.) 0.69
Currency Hedged No
Domicile Australia
Legal Form Managed Investment Scheme
SMSF Eligible Yes

NAV Information As of 11 Apr 2024

NAV/Unit (A$) 75.81710000
Currency (NAV) AUD
Shares Outstanding 3,211,230
AUM (A$) 243,466,035.30
NAV History File View

Product Summary

The Global X ROBO Global Robotics & Automation ETF (ROBO) seeks to invest in companies that potentially stand to benefit from increased adoption and utilisation of robotics and artificial intelligence, including those involved with industrial robotics and automation, non-industrial robots, and autonomous vehicles.

Product Objective

The Global X ROBO Global Robotics & Automation ETF (ROBO) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the ROBO Global Robotics and Automation Index.

Trading Details

Ticker ROBO
Bloomberg Code ROBO AU Equity
ISIN AU00000ROBO2
Trading Hours 10:00AM – 4:00PM

Management & Administration

Issuer Global X Management (AUS) Limited
Custodian The Hongkong and Shanghai Banking Corporation Limited, Sydney Branch
Registrar Computershare Investor Services Pty Limited

Benchmark Information

Benchmark ROBO Global® Robotics and Automation Index
Provider ROBO Global
Ticker ROBOTR

Distributions As of 28 Mar 2024

12-Month Yield 0.50%
12-Month Franking Level 0.00%
Distribution Frequency Annually
Distribution History View

Performance Table As of 11 Apr 2024

Total Return (Fund) Total Return (Benchmark) Tracking Difference Tracking Error
1 Month -1.90% -1.82% -0.07% 0.30%
3 Months 3.75% 3.94% -0.20% 0.30%
1 Year 8.43% 9.18% -0.75% 0.32%
3 Year p.a. 0.60% 1.14% -0.55% 0.24%
5 Year p.a. 9.10% 9.73% -0.63% 0.21%
10 Year p.a. -- -- -- --
Since Inception p.a. 9.91% 10.55% -0.63% 0.23%

Top Holdings As of 12 Apr 2024

Net Assets (%) Name SEDOL Market Price (Local) Shares Held Market Value (A$)
1.83 INTUITIVE SURGIC 2871301 392.26 7,393 4,449,525
1.81 KARDEX HOLDI-REG B00ZC75 246.00 10,636 4,405,255
1.79 ZEBRA TECH CORP 2989356 297.54 9,547 4,358,442
1.77 ROCKWELL AUTOMAT 2754060 288.52 9,719 4,302,456
1.73 TERADYNE INC 2884183 109.46 25,144 4,222,880
1.73 IPG PHOTONICS 2698782 89.86 30,535 4,210,012
1.70 FANUC CORP 6356934 4,401.00 93,300 4,110,099
1.68 SERVICENOW INC B80NXX8 771.34 3,460 4,094,877
1.65 KRONES AG 5523881 126.80 19,240 4,007,286
1.63 NOVANTA INC BD8S5H8 167.44 15,440 3,966,665
1.62 EMERSON ELEC CO 2313405 113.52 22,579 3,932,747
1.60 HIWIN TECH B1YMYT5 254.50 324,081 3,926,510
1.58 NVIDIA CORP 2379504 906.16 2,771 3,852,657
1.57 HEXAGON AB-B BNZFHC1 123.60 217,377 3,823,985
1.56 DAIFUKU CO LTD 6250025 3,496.00 108,500 3,796,824
1.55 OMNICELL INC 2789523 27.32 89,837 3,765,780
1.53 YASKAWA ELECTRIC 6986041 6,536.00 57,900 3,787,999
1.51 AZENTA INC 2145460 56.39 42,618 3,687,348
1.51 NORDSON CORP 2641838 268.89 8,900 3,671,839
1.50 GEA GROUP AG 4557104 37.74 59,004 3,657,711
1.50 FUJI CORP 6356592 2,624.00 137,200 3,603,606
1.48 AIRTAC INTERNATI B52J816 1,155.00 65,813 3,618,754
1.48 ILLUMINA INC 2613990 130.70 18,006 3,610,870
1.48 YOKOGAWA ELEC 6986427 3,476.00 101,600 3,535,027
1.47 AUTOSTORE HOLDIN BN49G27 17.38 1,463,577 3,590,003
1.44 IRHYTHM TECHNOLO BYT4ST5 114.84 19,866 3,500,439
1.41 TECAN GROUP AG-R 7110902 348.60 5,839 3,427,074
1.39 SMC CORP 6763965 86,830.00 3,900 3,389,641
1.38 DEERE & CO 2261203 412.84 5,311 3,364,163
1.38 JOHN BEAN TECH B3BRJZ8 95.73 22,836 3,354,185
1.37 COGNEX CORP 2208288 41.30 52,808 3,346,330
1.36 ABB LTD-REG 7108899 42.12 46,652 3,308,386
1.36 KEYENCE CORP 6490995 64,660.00 5,100 3,300,845
1.35 DUERR AG 5119901 22.94 87,418 3,293,975
1.34 THK CO LTD 6869131 3,592.00 90,800 3,264,686
1.34 KOH YOUNG TECHNO B39Q399 17,370.00 158,724 3,101,096
1.33 SYMBOTIC INC BPG82M8 44.85 46,901 3,227,480
1.32 DAIHEN CORP 6661843 10,550.00 30,400 3,210,298
1.32 RENISHAW PLC 0732358 41.70 40,048 3,207,915
1.30 MANHATTAN ASSOC 2239471 239.66 8,582 3,155,753
1.29 DASSAULT SYSTEME BM8H5Y5 39.77 48,248 3,151,817
1.29 AMBARELLA INC B7KH3G6 47.75 42,973 3,148,386
1.29 CADENCE DESIGN 2302232 310.10 6,617 3,148,342
1.29 QUALCOMM INC 2714923 175.13 11,709 3,146,294
1.29 SAMSARA INC-CL A BPK3058 32.40 63,055 3,134,610
1.29 PTC INC B95N910 182.27 11,187 3,128,584
1.27 ADVANTECH 6202673 386.00 170,978 3,141,904
1.26 MITSUB ELEC CORP 6597045 2,589.50 119,900 3,107,810
1.26 OMRON CORP 6659428 5,336.00 57,600 3,076,505
1.25 HARMONIC DRIVE 6108179 4,075.00 75,500 3,079,597
1.25 NABTESCO CORP 6687571 2,586.00 118,100 3,057,016
1.25 ATS CORP BP8JT73 42.69 63,923 3,052,301
1.24 JENOPTIK AG BGJVB13 26.16 70,464 3,027,827
1.23 TOYOTA INDUSTRIE 6900546 14,395.00 20,800 2,997,052
1.23 QIAGEN NV BMGBZP0 41.17 47,393 2,993,740
1.21 CARGOTEC OYJ-B B09M9L0 62.95 28,414 2,938,016
1.20 TRIMBLE INC 2903958 62.03 30,626 2,914,815
1.17 STRATASYS LTD B7WD7D7 10.44 177,563 2,844,277
1.14 MICROCHIP TECH 2592174 89.28 20,261 2,775,454
1.12 DELTA ELEC 6260734 319.50 181,097 2,754,530
1.06 AUTODESK INC 2065159 241.06 6,991 2,585,731
1.06 GXO LOGISTIC BNNTGF1 51.54 32,591 2,577,277
1.05 ELEKTA AB-B B0M42T2 78.70 227,755 2,551,096
1.03 GLOBUS MEDICAL I B7D65M0 52.47 31,293 2,519,285
1.01 APTIV PLC B783TY6 75.77 21,183 2,462,656
1.00 SCHNEIDER ELECTR 4834108 209.00 7,104 2,438,795
0.98 SIEMENS AG-REG 5727973 173.58 8,375 2,387,869
0.96 3D SYSTEMS CORP 2889768 3.92 388,744 2,338,130
0.95 KION GROUP AG BB22L96 48.30 29,196 2,316,309
0.93 OCADO GROUP PLC B3MBS74 3.70 317,041 2,253,930
0.89 JOBY AVIATION IN BMCRLL0 4.83 292,704 2,169,176
0.75 SHIBAURA MACHINE 6897262 3,525.00 52,000 1,834,771
0.74 GLOBAL UNICHIP B056381 1,325.00 30,124 1,900,176
0.69 OPTEX GROUP CO L 6660914 1,903.00 88,400 1,683,877
0.38 ESTUN AUTOMA-A BFCCQJ9 17.62 248,900 926,992
0.37 HAN'S LASER -A BD5CKS9 18.41 231,300 900,066
0.28 SHENZHEN INOVA-A BD5CMN8 58.65 54,700 678,111
Holdings are subject to change.

Sector Breakdown As of 12 Apr 2024

Sector Weight (%)
Industrials 47.8
Information Technology 37.3
Health Care 12.5
Consumer Discretionary 1.0
Consumer Staples 0.9
Other/Cash 0.5

Country Breakdown As of 12 Apr 2024

Country Weight (%)
United States 44.6
Japan 20.9
Germany 7.7
Taiwan 6.2
Switzerland 4.6
Sweden 2.6
France 2.3
Britain 2.3
Norway 1.5
South Korea 1.3
Canada 1.3
Other/Cash 4.7

Research

FAQs

  • What subsectors are included in ROBO?

    The ROBO Global subsectors are grouped by technology and applications.

    Technology captures the critical intelligent systems that interact with the human world, including actuation, sensing, computing and integration.

    Applications refer to specific and evolving areas of industry and society where this technology is deployed, including food and agriculture, 3D printing, security, healthcare, material handling, manufacturing, energy and consumer products.

    ROBO is sector-agnostic, spanning many different types of businesses across multiple sectors and regions.
  • What weighting system does ROBO use?

    The ROBO index is weighted in proportion to each company ROBO score.

    The ROBO score is a score between 1 to 100 that is based of the following:

    The level of revenue a company makes from robotics and automation activities
    The level of investment a company makes in robotics and automation
    The extent the company has market and technology leadership in the robotics and automation universe. A score of 50 or higher means the company is eligible for inclusion in the ROBO Global Robotics and Automation Index. Companies in the index are weighted according to the ROBO score divided by the sum of all constituents’ ROBO scores.
  • How can I use ROBO in a portfolio?

    ROBO may be used as a tool to express long-term strategic or short-term tactical views on the growing trend for robotics, automation and artificial intelligence.

    It can also aid portfolio diversification via investment in emerging industries that are largely not present in the Australian market.

    ROBO fits in the framework of core-satellite portfolios. It allows investors who have conviction in RAAI to express their views in their portfolios.
  • How has the ROBO index weighting methodology changed?

    Since the inception of the ROBO Global Robotics and Automation Index, the ROBO Global Classification Committee has classified members of the index selection universe as “Bellwether” (BW) or “Non-Bellwether” (NBW) by evaluating factors such as revenue purity, market and technology leadership, and company investments in robotics and automation technologies. With the more recent launches of the ROBO Global Artificial Intelligence Index (August 2018) and the ROBO Global Healthcare Technology and Innovation Index (April 2019), the classification committee has calculated an index score for each company, evaluating the same factors of revenue purity, leadership, and investments, but on a more granular level than the BW/NBW approach.

    The ROBO Global Index Management Committee has implemented a change to the methodology for the ROBO Global Robotics and Automation Index Series, where each company in the classification universe is assigned a 1-100 “ROBO Score” based on the factors mentioned above. Companies that score 50 or above would be eligible for the indices, with the security weight determined by the security’s ROBO Score in relation to the summation of all eligible security scores.

Global X Management (AUS) Limited (“Global X”) (Australian Financial Services Licence Number 466778, ACN 150 433 828) is the product issuer. Offers of interests in any retail product will only be made in, or accompanied by, a Product Disclosure Statement (PDS). In respect of each retail product, Global X has prepared a target market determination (TMD). Each PDS and TMD is available at www.globalxetfs.com.au. The information on this website is general in nature only and does not take into account your personal objectives, financial situations or needs. Before acting on any information, you should consider the appropriateness of the information having regard to your objectives, financial situation or needs and consider seeking independent financial, legal, tax and other relevant advice having regard to your particular circumstances. Any investment decision should only be made after obtaining and considering the relevant PDS and TMD. Investments in any product issued by Global X are subject to investment risk, including possible delays in repayment and loss of income and principal invested. The value or return of an investment will fluctuate and an investor may lose some or all of their investment. Past performance is not a reliable indicator of future performance.

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