Key stats
About FIRST TR EXCHANGE TRADED FD VI NASDAQ ARTIFICIAL INTELLIGENCE ROBO ETF
Expense ratio
0.65%
Home page
Inception date
Feb 21, 2018
ROBT uses the Consumer Technology Associations classification and rating system to select companies involved in artificial intelligence or robotics. Stocks are classified into one of three categories: enablers (companies in advance machinery, semiconductors, or databases used for machine learning), engagers (companies offering products, software, or systems), or enhancers (companies that do not have AI/Robotics as their core business but still provide value to the industry). Stocks are then ranked based on their level of involvement in the industry, and the index selects the top 30 companies within each category. Engagers receive 60% weight, enablers have 25%, and enhancers take 15% weight of the portfolio, holdings are equally weighted within the categories. The index is rebalanced quarterly and reconstituted semi-annually.
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Producer Manufacturing
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.