Key stats
About VanEck Robotics ETF
Expense ratio
0.47%
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Inception date
Apr 5, 2023
IBOT aims to provide the total return, less expenses, of an index encompassing the largest and most liquid companies in the global robotics space. These are expected to be high-growth names powering the future of industrial automation. After meeting minimum trading and liquidity requirements, a company must derive at least 50% of their revenue from one of seven sub-industries: robots and manufacturing/industrial automation systems, robotic surgical systems, additive manufacturing (3D printing), robotics or manufacturing computer-aided design or other software, semiconductor manufacturing systems, machine vision, or embedded machine learning chips. Stocks selected are market cap-weighted, up to a 5% cap. The overall portfolio weighting tilts 50% to robotics/manufacturing, 25% to machine vision and robotics software, and 25% to embedded chips, robotic surgical systems and semiconductor manufacturing. The index reconstitutes and rebalances semiannually in June and December.
Classification
What's in the fund
Exposure type
Electronic Technology
Producer Manufacturing
Technology Services
Stock breakdown by region