The annual fee that you pay to the fund company for managing your investment. The lower the expense ratio, the better. This is not an investment recommendation.
The Global X Robotics & AI Index ETF (RBOT) provides investors with access to the financial performance of companies specializing in the advancement of robotics and artificial intelligence. A key factor driving this sector's expansion is the substantial reduction in the cost of industrial robots; their average price, which stood at $46,000 in 2010, had dropped to $27,000 by 2017, with projections indicating a further decline below $11,000 by 2025. This trend, fueled by technological innovation and scaling efficiencies, is paving the way for widespread integration across various industries (Statista, Sep 2023). Recognizing that robotics and AI technologies have broad applications well beyond manufacturing, RBOT strategically invests across a diverse range of global sectors. The fund's objective is to closely mirror the returns, net of fees, of the Indxx Global Robotics & Artificial Intelligence Thematic Index, which itself is designed to capture the performance of equity securities issued by companies engaged in robotics and/or artificial intelligence development. Additionally, RBOT consistently hedges the U.S. dollar valuation of its assets back to the Canadian dollar.
What is Global X Robotics & AI Index stock price today?▼
The current price of RBOT-U.TO is $23.16 USD — it has decreased by -2.48% in the past 24 hours. Watch Global X Robotics & AI Index stock price performance more closely on the chart.
What is Global X Robotics & AI Index stock ticker?▼
Depending on the exchange, the stock ticker may vary. For instance, on Toronto Exchange exchange Global X Robotics & AI Index stocks are traded under the ticker RBOT-U.TO.
Is Global X Robotics & AI Index stock price growing?▼
RBOT-U.TO stock has fallen by -2.44% compared to the previous week, the month change is a -6.01% fall, over the last year Global X Robotics & AI Index has showed a +0.52% increase.
Does Global X Robotics & AI Index pay dividends?▼
Yes, RBOT-U.TO dividends are paid annual. The last dividend per share was 0.03 USD. As of today, Dividend Yield (FWD)% is 0.14%.
In which sector is Global X Robotics & AI Index located?▼
Global X Robotics & AI Index operates in the Finance & Payments sector.
When did Global X Robotics & AI Index complete a stock split?▼
Global X Robotics & AI Index has not had any recent stock splits.
Where is Global X Robotics & AI Index headquartered?▼
Global X Robotics & AI Index is headquartered in Toronto, Canada.