BetaShares Global Robotics & AI ETF (ASX:RBTZ) $14.09

RBTZ is a global thematic ETF that invests in companies involved in robotics, automation and AI-driven hardware, including industrial robotics, drones and humanoid technologies, with a tilt toward more “pure-play” names generating a large share of revenue from these areas. The ETF provides access to a diversified portfolio of global companies involved in robotics, automation, and artificial intelligence (AI). The ETF offers ok AI exposure plus automation/robotics but potentially not the pure AI exposure many seek.

• The ETF holds over 70 stocks, with over 50% in machinery and electrical equipment names – its 3 largest positions are currently ABB 8.6%, Nvidia 8.2%, and Keyence Corp 8.1%
• RBTZ’s performance has been mixed over recent years and it’s still trading where is started 2024.

We are concerned that this ETF doesn’t provide the leverage towards the traditional AI names that we would expect, such as the likes of Nvidia, Alphabet, Broadcom, and Microsoft.

• MM sees better ways of investing for AI exposure