HTEC
ROBO Global Healthcare Technology and Innovation ETF
The ROBO Global Healthcare Technology and Innovation ETF tracks a market-cap selected and weighted index of global healthcare technology companies.
Fund Basics
Fund sponsor | Exchange Traded Concepts |
Category | Global Equities |
Asset class | Equity |
Website | link... |
Inception date | Jun 24, 2019 |
Assets (mns) | $59 |
Expense ratio | 68 bp |
Currency | USD |
Sector Breakdown
Fund Structure
Regulation | Open-Ended Fund |
Distributions | Annually |
Taxation | 1099 |
Stock selection | Market Cap |
Weighting | Market Cap |
Holdings Transparency | Full |
Derivatives-based | No |
Options available | Yes |
Currency hedged | No |
Fund of funds | No |
Top 10 Holdings
NATERA INC | 2.3 % |
ARROWHEAD PHARMACEUTICALS, INC. | 2.3 % |
BROOKS AUTOMATION INC | 2.2 % |
CATALENT INC | 2.1 % |
CHARLES RIVER LABORATORIES | 2.1 % |
IRHYTHM TECHNOLOGIES, INC. | 2.0 % |
INTUITIVE SURGICAL INC | 2.0 % |
ILLUMINA INC | 2.0 % |
LONZA GROUP AG-REG | 1.9 % |
STRYKER CORP | 1.9 % |
Constituent Breakdown
Number of holdings | 72 |
Herfindahl-Hirschman Index | 159 |
Wgt avg mkt cap (mns) | $38,335 |
Large cap (>$10bn) | 60.0% |
Mid cap ($2-10bn) | 24.5% |
Small cap (<$2bn) | 15.5% |
Developed mkts. | 99.1% |
Emerging mkts. | 1.0% |
Country Exposure
UNITED STATES | 82.8 % | |
SWITZERLAND | 4.5 % | |
NETHERLANDS | 3.1 % | |
BRITAIN | 2.9 % | |
ITALY | 1.7 % | |
GERMANY | 1.6 % | |
LUXEMBOURG | 1.4 % | |
JAPAN | 1.1 % | |
CHINA | 1.0 % |
Historical Performance
Standardized Annual Returns (as of 03/31/2024)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. |
---|---|---|---|---|---|---|
-0.3% | -6.2% | -12.4% | -13.9% | -- | -- | 2.3% |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 1.14 | 73% |
MSCI EAFE | 1.14 | 67% |
MSCI Emg Mkts | 0.88 | 42% |
Liquidity Measures
Avg. volume (000) | 11 |
Turnover | 0.5% |
Avg. Bid/Ask (% of price) | 0.14% |
ADV of underlying (mns) | $11,520 |
Technical Indicators
Recent close | $25.87 |
30d moving avg. | $24.84 |
Annualized volatility | 23.8% |
Relative strength (RSI) | 73 |
Short interest (ETF) | 0.0% |
Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
Ticker | Fund Name | Overlap vs. HTEC |
Expenses vs. HTEC |
ALTAR Score™ vs. HTEC |
---|---|---|---|---|
RSPH | Invesco S&P 500 Equal Weight Health Care ETF | 38.6% | -28 bp | +6.3% |
MDEV | First Trust Indxx Medical Devices ETF | 36.5% | +2 bp | +2.8% |
XHE | SPDR S&P Health Care Equipment ETF | 30.6% | -33 bp | -0.5% |
FXH | First Trust Health Care AlphaDEX Fund | 28.1% | -6 bp | +6.0% |
HELX | Franklin Genomic Advancements ETF | 26.9% | -18 bp | +0.6% |
IYH | iShares U.S. Healthcare ETF | 26.6% | -28 bp | +5.1% |
EKG | First Trust Nasdaq Lux Digital Health Solutions ETF | 26.5% | -3 bp | -2.3% |
VHT | Vanguard Health Care ETF | 25.6% | -58 bp | +4.6% |
FHLC | Fidelity MSCI Health Care Index ETF | 25.3% | -60 bp | +4.8% |
XLV | Health Care Select Sector SPDR Fund | 24.5% | -59 bp | +6.0% |
Risk and Returns: HTEC vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
---|---|---|---|---|---|---|---|---|
Sales per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Book value per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
2023 | 2024E | Fwd Est | 2025E | |
Price-to-sales | --x | --x | --x | --x |
Price-to-earnings | --x | --x | --x | --x |
Price-to-cash flow | --x | --x | --x | --x |
Price-to-growth | --x | --x | --x | --x |
Price-to-book value | --x | --x | --x | --x |
Yield | --% | --% | --x | --% |
Based on closing prices from 4/18/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
HTEC
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Fund Rating
Our measure of an ETF's overall investment merit
ALTAR Score™
HTEC
1.2%
Cat. Avg
3.7%
Fund Category: Global Equities
Avg. Return on Equity | --% |
Divided by: Fwd. P/BV | --x |
Less: Expenses | -- bp |
Equals: ALTAR Score™ | 1.2% |
Recommendation
UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.
Category Overview
There are 348 funds in the Global Equities category, with an average ALTAR Score™
of 3.7% and a standard deviation of
5.0%. HTEC's ALTAR Score™ is approximately
0.5 standard deviations
below
the category average. This places HTEC in the 31st percentile among funds in the category.
Consensus Recommendation
Sell-side recommendations on the ETF's individual constituents
Composite
HTEC
Peer Average
Recent Trends
SELL
U/W
HOLD
O/W
BUY
Recent Trends
Breakdown
Market Activity
Latest price | |
Change | |
Volume | |
Bid/Ask Spread | |
Update |
Today's Trading
Trading data provided for free by IEX. By accessing this data you agree to abide by their Terms of Service.
Total Cost of Ownership (TCO) Comparison
Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
---|---|---|---|
HTEC | 68.0 | 13.8 | 81.8 |
Peer Avg. | -- | -- | -- |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .