Investing in companies that develop robotics-related technology or artificial intelligence capabilities has proven to be especially lucrative.
In just over two years, the original robotics ETF, the Robo Global Robotics & Automation Index ETF (ROBO), has returned more than 110%. The second robotics ETF, the Global X Robotics & Artificial Intelligence ETF (BOTZ), launched about a year and a half ago, and has enjoyed similar success. This week, a third robotics ETF joins the group. Will it be a winner or is it too late to the party?
Here are this week’s new fund launches:
|Ticker||Name||Issuer||Launch Date||ETFdb.com Category||Expense Ratio|
|(BVNSC)||Brandes Value NextShares||Brandes Investment Partners||02/13/2018||Large Cap Value Equities||0.40%|
|(GRBIC)||Gabelli RBI NextShares||GAMCO Investors, Inc.||02/16/2018||Industrials Equities||0.90%|
|(RPIBC)||Reinhart Intermediate Bond NextShares||Reinhart Partners||02/16/2018||Total Bond Market||0.30%|
|(ROBT)||First Trust Nasdaq Artificial Intelligence and Robotics ETF||First Trust||02/21/2018||Technology Equities||0.65%|
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