Key stats
About Vaneck Robotics ETF
Home page
Inception date
Apr 5, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Van Eck Associates Corp.
Distributor
Van Eck Securities Corp.
ISIN
US92189Y4026
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.
Related funds
Classification
What's in the fund
Exposure type
Electronic Technology
Producer Manufacturing
Technology Services
Stock breakdown by region
Top 10 holdings
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Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
IBOT assets under management is 22.51 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
IBOT invests in stocks. See more details in our Analysis section.
IBOT expense ratio is 0.47%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, IBOT isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, IBOT pays dividends to its holders with the dividend yield of 0.46%.
IBOT shares are issued by Van Eck Associates Corp.
IBOT follows the BlueStar Robotics Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 5, 2023.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.