The rise of technology has not only transformed our daily lives but also the investment landscape. In this piece, we'll embark on a detailed comparison of two renowned tech ETFs: ROBO (Robo Global Robotics & Automation Index ETF) and FTEC (Fidelity MSCI Information Technology Index ETF). We'll touch upon their tickers, full names, issuers, sectors, top holdings, capitalization, strategy, tracking, and exposure.
ROBO and FTEC, both tech-centric ETFs, cater to different niches within the vast technology sector. ROBO primarily focuses on robotics and automation, while FTEC offers a broader exposure to the information technology sector. This fundamental difference in their focus leads to varied investment opportunities and risks, which we'll delve into in the subsequent sections.
ROBO is heavily invested in companies pioneering in robotics, automation, and artificial intelligence. Its top holdings might include firms like Intuitive Surgical, NVIDIA, and ABB Ltd. Conversely, FTEC provides a more comprehensive exposure to the IT sector, with top holdings potentially spanning giants like Apple, Microsoft, and Alphabet. Recognizing the sectors and primary holdings of each ETF can guide investors in aligning their portfolios with their investment objectives and risk appetite.
ROBO overlap ROBO VS FTEC
ROBO, with its niche focus, might have a different asset under management (AUM) compared to FTEC, which covers a broader spectrum of the tech industry. While ROBO's strategy is to capitalize on the advancements in robotics and automation, FTEC aims to mirror the performance of the MSCI USA IMI Information Technology Index. The contrasting capitalization and strategic approaches of these ETFs present diverse return potentials and risk factors, warranting thorough consideration by investors.
ROBO's primary objective is to offer investors a gateway to the robotics and automation sector's growth, while FTEC seeks to provide exposure to the broader IT industry. The tracking methodologies differ: ROBO might use a specialized index focusing on robotics and automation companies, whereas FTEC aligns with the MSCI USA IMI Information Technology Index. Grasping these distinct tracking and exposure strategies is pivotal for investors to select the ETF that best fits their investment horizon and risk tolerance.
Both ROBO and FTEC present intriguing opportunities in the tech ETF space, each with its unique focus and investment strategy. For investors eager to dive deeper into the intricacies of holdings, correlations, and overlaps, ETF insider emerges as the go-to platform. With its intuitive app interface, it offers a treasure trove of insights on these and myriad other financial instruments.
Disclaimer: This article does not provide any investment advisory services.
ROBO ETF issuer
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