Investors looking for the best stock-market performance have been well-served for many years by focusing on companies using new technology to increase their sales quickly and steadily. The performance of the S&P 500 index has borne this out.

Below is a screen of 24 stocks held among five exchange-traded funds that focus on companies involved with robotics and automation — booming technology for companies involved in many industries around the world.

For robotics and automation, here are five ETFs that take different approaches to playing innovation:

  • The ARK Autonomous Technology & Robotics ETF
    ARKQ
    is actively managed and holds 46 stocks of companies involved with automation, robotics, autonomous vehicles, energy storage, 3-D printing and space exploration. It is highly concentrated; Tesla Inc.
    TSLA,
    its largest holding, is 11.9% of the portfolio.

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