In recent months, the topic of Automation and Robotics (thanks to the strong development of artificial intelligence) has been in the spotlight.
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The Nasdaq AI Robotics index, after having fallen towards the end of October towards 1,430 points, has in fact started a rapid ascent and has come close to the barrier, both graphic and psychological, set at 1,800 points.
The overcoming of this last level will provide a further demonstration of strength and open up further room for growth, with a first target at 1,845-1,850 points and a second target in the 1,890-1,900 points area.
Quantitative analysis confirms the presence of a solid up-trend, with the main directional indicators turning long.
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It is difficult for now to hypothesise a bearish trend reversal: only a return below 1,650 points is dangerous as it could trigger a rapid correction towards subsequent graphic supports located at 1,610-1,605 points first and in the 1,550-1,540 area later.
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The following ETFs can be used to invest in this sector:
iShares Automation&Robotics, ISIN IE00BYZK4552. It is an ETF with €3,230m in assets under management, which provides for sampling replication (buying only the most important stocks of the reference index i.e. the iStoxx Automation&Robotics index) and which adopts an accumulation policy (with dividends being reinvested within the fund). The total expense ratio (TER) is 0.40% per annum.
Amundi MSCI Robotics&AI, ISIN LU1861132840. This ETF has €924m in assets under management and is a total physical replication of the stocks that make up the MSCI ACWI IMI Robotics & AI ESG Filtered index (an index that replicates companies globally involved in the development of artificial intelligence and robotics. The securities included are filtered according to ESG criteria, i.e. environmental, social and corporate governance criteria). The ETF adopts an accumulation policy (with dividends being reinvested within the fund). The total expense ratio (TER) is 0.35% per annum.
L&G ROBO Global Robotics and Automation, ISIN IE00BMW3QX54. This ETF has €841m in assets under management and is a total physical replication of the stocks that make up the ROBO-STOX Global Robotics and Automation index (an index that replicates worldwide equities related to the robotics and automation sector). The ETF adopts an accumulation policy (with dividends being reinvested within the fund). The total expense ratio (TER) is 0.80 per cent per annum.
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