ROBO Global Healthcare Technology and Innovation ETF

HTEC is a Global Equities ETF. The ROBO Global Healthcare Technology and Innovation ETF (HTEC) seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the ROBO Global Healthcare Technology and Innovation Index. The index methodology follows a modified factor weighting scheme and rebalances on a quarterly basis to more effectively respond to and capture changes in the technological and competitive landscapes while maintaining critical diversification. Including more than 80 stocks across 9 subsectors in 15 countries, the index is built to minimize risk by limiting reliance on the largest-cap players, and to capture the growth of rapidly developing healthcare technology companies around the globe.

HTEC tracks the ROBO Global Healthcare Technology & Innovation Index.

No, HTEC is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, HTEC is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on HTEC is -0.0824%. This is the percent change in the value of HTEC over the most recent 1-month period. The 3-month return on HTEC is -0.1399%. This is the percent change in the value of HTEC over the most recent 3-month period.

The standard deviation of HTEC for the past year is 0.2378%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to HTEC include IXJ, SMH, and URA.

ETFs correlated to HTEC include XHE, VBK, and FXH.

ETFs that are inversely correlated to HTEC include HIBS, SRTY, and TZA.