--- title: "ROBO Global Robotics & Automation Index Series: Q1 2021 Rebalance Changes" description: Effective with the Q1 2021 rebalance, ROBO Global is making the following changes in the ROBO Global Robotics and Automation Index Series. image: https://insights.roboglobaletfs.com/hubfs/Canva%20images/Index%20Updates.png --- - [![](https://px.ads.linkedin.com/collect/?pid=2261676&conversionId=4842593&fmt=gif)Newsletter Signup](https://insights.roboglobaletfs.com/robo-global-robotics-automation-index-series-q1-2021-rebalance-changes#newsletter-form) ### Newsletter Form ROBO Global uses this information to keep you up to date on the latest investment insights and technology trends. You may unsubscribe from these communications at any time. For more information, check out our [Privacy Policy](https://insights.roboglobaletfs.com/privacy). If you cannot see the form above, you may have an ad blocker preventing it from loading. 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[![VettaFi_ROBO_WHITE-1](https://insights.roboglobaletfs.com/hs-fs/hubfs/VettaFi_ROBO_WHITE-1.png?width=4320&height=1440&name=VettaFi_ROBO_WHITE-1.png "VettaFi_ROBO_WHITE-1")](https://www.roboglobal.com/) - [RESEARCH & INSIGHTS](http://www.roboglobal.com/research-insights) - [MEET THE EXPERTS](http://www.roboglobal.com/about-us) - ROBO Global Indexes - [ROBO Index](https://www.roboglobal.com/robo-global-indices/robo-index/) - [THNQ Index](https://www.roboglobal.com/robo-global-indices/thnq-index/) - [HTEC Index](https://www.roboglobal.com/robo-global-indices/htec-index/) - [How to Invest](https://www.roboglobal.com/robo-etfs) - [ESG](http://www.roboglobal.com/esg-policy) # Investment Insights Authored by: ROBO Global Research Team Date: April 8, 2021 Category: [ROBO](https://insights.roboglobaletfs.com/tag/robo), [Investing in Robotics & Automation](https://insights.roboglobaletfs.com/tag/investing-in-robotics-automation) Share this: - - - - [mailto:?subject=ROBO%20Global%20Robotics%20&%20Automation%20Index%20Series:%20Q1%202021%20Rebalance%20Changes&body=ROBO%20Global%20Robotics%20&%20Automation%20Index%20Series:%20Q1%202021%20Rebalance%20Changes%20https://insights.roboglobaletfs.com/robo-global-robotics-automation-index-series-q1-2021-rebalance-changes](mailto:?subject=ROBO%20Global%20Robotics%20&%20Automation%20Index%20Series:%20Q1%202021%20Rebalance%20Changes&body=ROBO%20Global%20Robotics%20&%20Automation%20Index%20Series:%20Q1%202021%20Rebalance%20Changes%20https://insights.roboglobaletfs.com/robo-global-robotics-automation-index-series-q1-2021-rebalance-changes) ##### Related Posts - [![Turnkey Tech Investing: August 2023 Market Brief](https://insights.roboglobaletfs.com/hubfs/ROBOBrief_Blog%20+%20Turnkey%20Tech-Sep-20-2023-04-28-59-7091-PM.png) Turnkey Tech Investing: August 2023 Market Brief](https://insights.roboglobaletfs.com/turnkey-tech-investing-august-2023) - [![Autonomy Will Redefine Mobility in 2023](https://insights.roboglobaletfs.com/hubfs/Mobility-Trend-Blog-Thumbnail.png) Autonomy Will Redefine Mobility in 2023](https://insights.roboglobaletfs.com/autonomy-will-redefine-mobility) - [![Q2 In Review: Inside the ROBO, THNQ & HTEC Indexes](https://insights.roboglobaletfs.com/hubfs/Q1%202021-1.png) Q2 In Review: Inside the ROBO, THNQ & HTEC Indexes](https://insights.roboglobaletfs.com/q2-in-review-inside-the-robo-thnq-htec-indexes) - [![Automation Isn't Just For the Fortune 500](https://insights.roboglobaletfs.com/hubfs/SMEs%20Automation%20Webinar%20Deck%20(Tifin)%20(1).png) Automation Isn't Just For the Fortune 500](https://insights.roboglobaletfs.com/automation-isnt-just-for-the-fortune-500) ## ROBO Global Robotics & Automation Index Series: Q1 2021 Rebalance Changes ![ROBO Global Robotics & Automation Index Series: Q1 2021 Rebalance Changes](https://insights.roboglobaletfs.com/hubfs/Canva%20images/Index%20Updates.png) Effective with the Q1 2021 rebalance, ROBO Global is making the following changes in the ROBO Global Robotics and Automation Index Series: ### Changes to Security Classification and Weighting Since the inception of the ROBO Global Robotics and Automation Index, the ROBO Global Classification Committee has classified members of the index selection universe as “Bellwether” (BW) or “Non-Bellwether” (NBW) by evaluating factors such as revenue purity, market and technology leadership, and company investments in robotics and automation technologies. With the more recent launches of the ROBO Global Artificial Intelligence Index (August 2018) and the ROBO Global Healthcare Technology and Innovation Index (April 2019), the classification committee has calculated an index score for each company, evaluating the same factors of revenue purity, leadership, and investments, but on a more granular level than the BW/NBW approach. The ROBO Global Index Management Committee has implemented a change to the methodology for the ROBO Global Robotics and Automation Index Series, where each company in the classification universe is assigned a 1-100 “ROBO Score” based on the factors mentioned above. Companies that score 50 or above would be eligible for the indices, with the security weight determined by the security’s ROBO Score in relation to the summation of all eligible security scores.   Summary of Changes to the ROBO Subsectors: Subsectors removed: • Consumer Products • Energy • Security Subsectors added: • Autonomous Systems • Business Process Automation   Subsectors renamed: • Computing, Processing, & AI renamed to Computing & Artificial Intelligence   Descriptions of New Subsectors: Autonomous Systems: Autonomous Systems are designed to responsively operate in a dynamic environment with minimal human intervention. This is typically achieved by using sensors to perceive environmental conditions, modeling appropriate responses to changing conditions using planning and control system modulation, and then controlling actuators to interact with the environment. Autonomous systems may use adaptive reasoning, machine learning, statistical methods, and other forms of Artificial Intelligence to refine their own responsive behavior and their models of external conditions. Examples include indoor and outdoor transportation systems, including surface and air vehicles such as autonomous mobile robots, drones, cars, trucks, and trains, as well as autonomous mobile robots for material handling and robotic cleaning machines. Business Process Automation: The technology-enabled automation of complex business processes drives greater simplicity, productivity, quality, transparency, sustainability, and ultimately greater competitive advantages for companies embracing a digital transformation. Ranging from data analytics and business intelligence to robotics process automation, examples also include voice assistants, chatbots, visualization and simulation software, AR/VR. Automation isn’t just for IT processes. It can apply to HR, Finance, Marketing, and Research & Development functions, streamlining workflows and automating hundreds of processes.   ROBO Index Members Subsector Changes **Autonomous Systems** • AeroVironment (previously Security) • iRobot (previously Consumer Products) **Business Process Automation** • ServiceNow (previously Computing, Processing, & AI) • Blue Prism (previously Computing, Processing, & AI) • PTC (previously Computing, Processing, & AI) • Dassault Systemes (previously Computing, Processing, & AI) • Autodesk (previously Computing, Processing, & AI) [Back to All Entries](https://insights.roboglobaletfs.com) VettaFi, a data, analytics, and thought leadership company, is transforming financial services from an industry to a community—one relationship at a time. In addition to providing interactive online tools and research, VettaFi offers asset managers an array of indexing and digital distribution solutions to innovate and scale their businesses. With billions in assets benchmarked to its indices– and more than 200 customers globally – asset managers look to VettaFi for benchmarks and best-in-class index solutions. VetttaFi owns and administers the ROBO Global Index Series. ## Navigation - [Home](http://www.roboglobal.com) - [ROBO Research](http://www.roboglobal.com/whitepapers) - [Investment Insights](https://insights.roboglobaletfs.com) - [ROBO Index](http://www.roboglobal.com/robo-global-indices/robo-index) - [THNQ Index](http://www.roboglobal.com/robo-global-indices/thnq-index) - [HTEC Index](http://www.roboglobal.com/robo-global-indices/htec-index) ### Newsletter Signup My rich text default content © 2026 ROBO Global Index, LLC. 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