ETF Traded Concepts (ETC)

ETF Traded Concepts(ETC) is a Registered Investment Advisor, founded by a group of veteran financial professionals more than a decade ago. They possess and provide a wide range of services to the market with the following distinctive strengths:
Significant Financial Savings in Start-up and Operational Costs
Substantial Wait-Time Reduction Using ETC’s Exemptive Relief
ETC Manages the Complexities of Running an ETF for You
Complete Private-Label ETF
ETC has Invested in the Registration and Exemptive Relief Cost
ETC has Regulatory Approval to Launch Virtually All Types of Exchange Traded Products

They have issued about 30 ETFs with 14’s AuM above $10 million. etf traded concepts.JPG

Obviously, they are not interested in competing in a price war. Conversely to players like Vanguard, Goldman Saches, ETC differentiates itself from the rest by setting a relatively high expense ratio, generally above 0.5%, with some salient outliers – REX VolMAXX Inverse VIX weekly Futures Strategy ETF at 3.13%, Saba Closed-End Funds ETF at 2.55% and YieldShares High Income ETF at 1.72%.

It’s worth taking a deep look into ROBO and making a comparison to another Robo and Automation ETF – RBOT.  ROBO has accrued $2.56 Billion AuM since it was launched in the market in October 2013. RBOT’s AuM has reached $2.46 Billion since its issuing three years later to ROBO – September 2016. The total expense ratio of RBOT  0.40%, is less than half that of ROBO, 0.95%.

According to the index methodology endorsing ROBO, it follows a modified equal 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 12 subsectors in 14  countries, the index is built to minimize risk by limiting reliance on the largest-cap players, and to capture the growth of rapidly developing robotics and automation companies around the globe.

The top holdings of ROBO are

Zebra Technologies Corp 2.12%
Hiwin Technologies 2.00%
Mazor Robotics Ltd. 1.98%
Daifuku Co Ltd 1.95%
IPG Photonic Corp 1.93%
Holysys Automation 1.85%
Nabtesco Corp Ord 1.77%
Intuitive Surgical Inc. 1.73%
Amano Corporation 1.72%

compared to RBOT’s profile is

GLOBAL UNICHIP CORP 2.03
LASERTEC CORP 1.92
YASKAWA ELECTRIC CORP 1.66
DAIFUKU LTD 1.61
ASIA OPTICAL INC 1.61
GREEN CROSS CELL CORP 1.56
HIWIN TECHNOLOGIES CORP 1.53
USD CASH 1.49
FARADAY TECHNOLOGY CORP 1.46
SANKEN ELECTRIC LTD 1.4
SPLUNK INC 1.34

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