HTEC

ROBO Global Healthcare Technology and Innovation ETF

$33.35

+0.00%

Market closed. Last update: 10:52 PM ET

📎 Investment Objective

The ROBO Global Healthcare Technology and Innovation ETF (HTEC) seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the ROBO Global Healthcare Technology and Innovation Index.

Overview

ETF tracking ROBO Global Healthcare Technology and Innovation ETF

Category International

Issuer Other

Inception Date 2019-06-25

Market Cap $50.9M

Average Volume N/A

Dividend Yield N/A

52-Week Range $24.16 - $34.11

VWAP $33.35

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests in companies that are involved in the healthcare technology and innovation industry, including those focused on areas such as robotics, automation, and artificial intelligence. The fund seeks to track the performance of the underlying index, which is designed to measure the performance of companies that have a portion of their business activities in the healthcare technology and innovation industry.

✨ Key Features

Exposure to companies at the forefront of healthcare technology and innovation
Diversified portfolio across various sub-sectors of the healthcare technology industry
Passively managed index-tracking fund
Low expense ratio of 0.00%

⚠️ Primary Risks

Concentration risk as the fund is focused on a specific industry sector
Potential volatility due to the nature of the healthcare technology and innovation industry
Tracking error risk as the fund may not perfectly replicate the performance of the underlying index
Currency risk for investors outside the fund's base currency

👤 Best For

The ROBO Global Healthcare Technology and Innovation ETF may be suitable for investors seeking exposure to the growing healthcare technology and innovation industry, with a long-term investment horizon and a higher risk tolerance. It may be particularly appealing to investors interested in the potential of emerging technologies in the healthcare sector.