"Automation, Robotics & AI" ETF

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Hawaiishrimp
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"Automation, Robotics & AI" ETF

Post by Hawaiishrimp » Sun Jun 25, 2017 7:54 pm

Hi BHs,
Is there's any "Automation, Robotics & AI" ETF available? I think this is the future and would like to invest 5% of my portfolio in this area. Can anyone recommend me some ETF for this?

Thank you.
I save and invest my money, so money can make money for me, so I don't have to make money eventually.

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TD2626
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Re: "Automation, Robotics & AI" ETF

Post by TD2626 » Sun Jun 25, 2017 7:58 pm

Although there probably is (it's amazing how they seem to have ETFs for just about everything), I think that a tilt toward a sub-sub-sector that small is too risky and speculative to consider - especially at such a large percentage of the portfolio. Remember that other people also probably have the idea that this represents the future and have already driven prices up.

Besides, any ETF that is that specific would likely have the issues of being very thinly traded (so it would have a high bid-ask spread).

dn123
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Re: "Automation, Robotics & AI" ETF

Post by dn123 » Sun Jun 25, 2017 8:30 pm

Hawaiishrimp wrote:Hi BHs,
Is there's any "Automation, Robotics & AI" ETF available? I think this is the future and would like to invest 5% of my portfolio in this area. Can anyone recommend me some ETF for this?

Thank you.

You might check out some Motif portfolios, for instance https://www.motifinvesting.com/motifs/a ... s-qhDm1o96 and roll your own.

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Hawaiishrimp
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Re: "Automation, Robotics & AI" ETF

Post by Hawaiishrimp » Sun Jun 25, 2017 8:42 pm

dn123 wrote:
Hawaiishrimp wrote:Hi BHs,
Is there's any "Automation, Robotics & AI" ETF available? I think this is the future and would like to invest 5% of my portfolio in this area. Can anyone recommend me some ETF for this?

Thank you.

You might check out some Motif portfolios, for instance https://www.motifinvesting.com/motifs/a ... s-qhDm1o96 and roll your own.
Thank you, dn123. I am looking into this.
I save and invest my money, so money can make money for me, so I don't have to make money eventually.

MotoTrojan
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Re: "Automation, Robotics & AI" ETF

Post by MotoTrojan » Sun Jun 25, 2017 8:43 pm

dn123 wrote:
Hawaiishrimp wrote:Hi BHs,
Is there's any "Automation, Robotics & AI" ETF available? I think this is the future and would like to invest 5% of my portfolio in this area. Can anyone recommend me some ETF for this?

Thank you.

You might check out some Motif portfolios, for instance https://www.motifinvesting.com/motifs/a ... s-qhDm1o96 and roll your own.
I am not familiar with Motif, but I agree if you want something this specific, it may make more sense, be cheaper, and more fun/educational, to just build your own portfolio of several companies in this field. My current position is with a company working towards all three of these fields, so company stock is enough risk for me, but I agree this is the future and a worthy place to look :).

lack_ey
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Re: "Automation, Robotics & AI" ETF

Post by lack_ey » Sun Jun 25, 2017 8:45 pm

Closest ETFs I'm aware of (one after a search) would be iShares Exponential Technologies ETF (XT) and then more directly relevantly, ARK Industrial Innovation ETF (ARKQ).

XT does nine different fields, with some overlap with what you're asking: "big data and analytics, nanotechnology, medicine, networks, energy and environmental systems, robotics, 3-D printing, bioinformatics and financial services." This uses an index from Morningstar and was thought up by Ric Edelman.

ARKQ is actively managed, focused on companies benefiting from "technological improvements and advancements in scientific research related to, among other things, energy, automation and manufacturing, materials, and transportation." Most of the portfolio is related to 3D printing, robotics, and autonomous vehicles. This includes owning the likes of NVIDIA, which could be considered a play on AI being undervalued now.

I couldn't recommend any of these for actual investing, but these seem to fit the best. The above suggestion about Motif or a similar service may allow for something closer to what you envision.

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nisiprius
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Re: "Automation, Robotics & AI" ETF

Post by nisiprius » Sun Jun 25, 2017 8:50 pm

I have to say this: just because you think some kind of industry "is the future," even if you are right, it may not be a good investment. In fact, it probably isn't, because if you think so, everybody else probably thinks so, too.

Meanwhile, a Google search finds me BOTZ and ROBO.

BOTZ is "Global X Robotics & Artificial Intelligence ETF." https://www.globalxfunds.com/funds/botz/ It "seeks to invest in companies that potentially stand to benefit from increased adoption and utilization of robotics and artificial intelligence (AI), including those involved with industrial robotics and automation, non-industrial robots, and autonomous vehicles." I see it has an expense ratio of 0.68% which I think is high for an ETF. It's about 50% invested in Japanese companies. It has only $48 million in assets under management which I think raises a number of red flags about liquidity, bid-asked spread, etc. but you should ask the ETF mavens about that.

ROBO is ROBO Global Robotics & Automation ETF. it has, yikes, an 0.95% expense ratio. It has $705 million assets under management. Their website is the most miserably information-sparse thing I've seen in a while, http://www.roboglobal.com/us-index . It does tell us that "The future is NOW." Yeah. It's taken me five minutes to find their factsheet. "The ROBO GlobalTM Robotics and Automation Index measures the performance of companies focused on robotics, automation, and enabling technologies."
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lack_ey
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Re: "Automation, Robotics & AI" ETF

Post by lack_ey » Sun Jun 25, 2017 8:59 pm

Wow, I got schooled by nisiprius's Googling. Should have searched for robotics, hm. :shock:

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Hawaiishrimp
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Re: "Automation, Robotics & AI" ETF

Post by Hawaiishrimp » Sun Jun 25, 2017 9:10 pm

nisiprius wrote:I have to say this: just because you think some kind of industry "is the future," even if you are right, it may not be a good investment. In fact, it probably isn't, because if you think so, everybody else probably thinks so, too.
Of course, no one can predict the future 100% accurately. I can promise you I can't. But I am intelligent enough to invest in Tech, Gold, House bubble, oil, nature gas, casino stocks and clean energy, make enough and got out. My track record is pretty good. So, I think I am happy to take a little risk by spending 5% of my portfolio to focus on what I believe in.

I worked for one of the biggest company in the world 2 years ago, and they increase AI, Big data and Robotic spending by 400% for next 10 years. My current company (a more conservative one) is also investing heavily for AI and Robotics, I predict this is the next big thing several years ago, I did buy Google, Nvidia and Tesla for that reason. But now, I want to buy an ETF for it instead.
I save and invest my money, so money can make money for me, so I don't have to make money eventually.

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Hawaiishrimp
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Re: "Automation, Robotics & AI" ETF

Post by Hawaiishrimp » Sun Jun 25, 2017 9:17 pm

lack_ey wrote:Wow, I got schooled by nisiprius's Googling. Should have searched for robotics, hm. :shock:
I do know about Google. Yes sir. I was looking for recommendation, not just google results. I got "Motif" to investigate with, that's awesome. Never heard of that. :) Thanks so much!
I save and invest my money, so money can make money for me, so I don't have to make money eventually.

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nisiprius
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Re: "Automation, Robotics & AI" ETF

Post by nisiprius » Sun Jun 25, 2017 9:32 pm

Hawaiishrimp wrote:...I do know about Google...
Then it was unkind of you to ask simply "Is there's any 'Automation, Robotics & AI' ETF available?" and not mention the ETFs you were already familiar with. Your question could easily have been interpreted to mean you didn't know of any.
Annual income twenty pounds, annual expenditure nineteen nineteen and six, result happiness; Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery.

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Hawaiishrimp
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Re: "Automation, Robotics & AI" ETF

Post by Hawaiishrimp » Sun Jun 25, 2017 11:23 pm

nisiprius wrote:
Hawaiishrimp wrote:...I do know about Google...
Then it was unkind of you to ask simply "Is there's any 'Automation, Robotics & AI' ETF available?" and not mention the ETFs you were already familiar with. Your question could easily have been interpreted to mean you didn't know of any.
Apology. But please don't turn this wonderful site into a soup nazi. Thank you.
I save and invest my money, so money can make money for me, so I don't have to make money eventually.

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saltycaper
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Re: "Automation, Robotics & AI" ETF

Post by saltycaper » Sun Jun 25, 2017 11:54 pm

Hawaiishrimp wrote:
I was looking for recommendation, not just google results.
Good news: Nisi and lack_ey provided more than just Google results. Interesting fund, ROBO. I will follow it for entertainment purposes.
"I guess I should warn you, if I turn out to be particularly clear, you've probably misunderstood what I've said." --Alan Greenspan

Pudu
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Re: "Automation, Robotics & AI" ETF

Post by Pudu » Thu Dec 07, 2017 11:49 am

I found a fresh Irish one from iShares, RBOT (0.40%). Looks solid enough for me to allocate a bit there and see what will happen.

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