ROBO Global Artificial Intelligence ETF (THNQ)
ROBO Global Artificial Intelligence ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Plano, TX, US. The stock last traded at $92.71, up 1.58% on the session, giving a market capitalisation of $324.9M. Its beta of 1.86 implies it has historically moved more than the broad market.
This fund aims to mirror the performance of its benchmark index by typically allocating a minimum of 80% of its total capital to the index's constituent securities or their corresponding depositary receipts. The underlying index itself focuses on publicly traded companies that generate a significant portion of their earnings from activities within the artificial intelligence sector. It's important to note that this fund operates with a concentrated investment strategy rather than a diversified one.
ROBO Global Artificial Intelligence ETF is most often compared with the following Financial Services names: