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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