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.


Global

EQUITY

Rules-Based

MANAGEMENT STYLE

56.7 M

ASSETS UNDER MGMT

68 bp

EXPENSES
Fund Basics
Fund sponsorExchange Traded Concepts
CategoryGlobal
Asset classEquity
Websitelink...
Inception dateJun 24, 2019
Assets (mns)$57
Expense ratio68 bp
CurrencyUSD
Sector Breakdown
Fund Structure
RegulationOpen-Ended Fund
DistributionsAnnually
Taxation1099
Stock selectionMarket Cap
WeightingMarket Cap
Holdings TransparencyFull
Derivatives-basedNo
Options availableYes
Currency hedgedNo
Fund of fundsNo
Top 10 Holdings
AXOGEN, INC. 2.3 %
GUARDANT HEALTH, INC. 2.0 %
ARROWHEAD PHARMACEUTICALS, INC. 1.9 %
CHARLES RIVER LABORATORIES 1.9 %
INTUITIVE SURGICAL INC 1.8 %
THERMO FISHER SCIENTIFIC INC 1.8 %
LONZA GROUP AG-REG 1.8 %
VERTEX PHARMACEUTICALS INC 1.8 %
DANAHER CORP 1.8 %
ILLUMINA INC 1.8 %
Constituent Breakdown
Number of holdings73
Herfindahl-Hirschman Index 154
Wgt avg mkt cap (mns)$36,599
Large cap (>$10bn)67.4%
Mid cap ($2-10bn)19.1%
Small cap (<$2bn)12.2%
Developed mkts.98.5%
Emerging mkts.1.5%
Country Exposure
UNITED STATES 78.8 %
SWITZERLAND 6.6 %
NETHERLANDS 3.0 %
BRITAIN 2.6 %
JAPAN 2.4 %
ITALY 1.8 %
GERMANY 1.6 %
LUXEMBOURG 1.4 %
CHINA 1.1 %
Historical Performance


Standardized Performance (as of 09/30/2024)
 YTD1 YR2 YR3 YR5 YR10 YRIncep.
Total Returns 4.2% 15.6% 3.9% -13.8% 4.5% -- 2.9%
Volatility 17.8% 19.2% 24.9% 25.8% -- -- --
Market Correlations
versus...BetaR-squared
S&P 5001.1472%
MSCI EAFE1.1673%
MSCI Emg Mkts0.9042%
Liquidity Measures
Avg. volume (000)6
Turnover0.3%
Avg. Bid/Ask (% of price)0.14%
ADV of underlying (mns)$10,103
Technical Indicators
Recent close$29.09
30d moving avg.$29.08
Annualized volatility24.0%
Relative strength (RSI)54
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)

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Risk and Returns: HTEC vs. Comps (1 YR)

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Results & Estimates
  2019 2020 2021 2022 2023 2024E 2025E  
Sales per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Earnings per share -- -- -- -- -- -- --
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Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates

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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 --%
3.2 48.2 2.8 0.6% --
Based on closing prices from 10/4/2024
Historical Valuation Trends Sample data. Subscribe for access.

SHOWING:
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.

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ETF Research Center Rating

AVOID

Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may be less relevant.

ALTAR Score™

HTEC

-0.1%

Cat. Avg

4.1%


ALTAR Score™ Calculation

Category Overview
There are 362 funds in the Global Equity category, with an average ALTAR Score™ of 4.1% and a standard deviation of 4.6%. HTEC's ALTAR Score™ is approximately 0.9 standard deviations below the category average. This places HTEC in the 18th percentile among funds in the category.
Sell Side Consensus Rating

Sell-side recommendations on the ETF's individual constituents

HTEC
Peer Average
SELL
U/W
HOLD
O/W
BUY
Factor Scorecard

SIZE
VALUE
YIELD
MOMENTUM
VOLATILITY
QUALITY
Expense Analysis

Peer Group Rules-Based
Global Equity ETFs
# of ETFs 191
Avg. Expense Ratio 55.4 bp
Std. Deviation 17.5 bp
HTEC (68 bp) Percentile rank 76
Peer Group Expense Ratio Distribution


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. 53.2 35.2 88.3
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .