IBOT

VanEck Robotics ETF

$50.40

+0.00%

Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The VanEck Robotics ETF (IBOT) seeks to track the performance of companies involved in the development of robotics and automation technologies.

Overview

ETF tracking VanEck Robotics ETF

Category Thematic

Issuer VanEck

Inception Date 2023-04-06

Market Cap $21.4M

Average Volume N/A

Dividend Yield 2.29%

52-Week Range $50.38 - $51.72

VWAP $50.18

Performance

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Investment Summary

📎 Investment Objective

The VanEck Robotics ETF (IBOT) seeks to track the performance of companies involved in the development of robotics and automation technologies.

🎯 Investment Strategy

IBOT invests in a portfolio of global companies that are engaged in the development of robotics, automation, and artificial intelligence. The fund aims to provide exposure to the long-term growth potential of this innovative sector.

✨ Key Features

Provides exposure to a diversified portfolio of global robotics and automation companies
Focuses on companies at the forefront of technological advancements in robotics, automation, and AI
Passively managed to track the performance of the underlying index
Low expense ratio of 0.00%

⚠️ Primary Risks

Concentration risk as the fund is focused on a specific industry sector
Potential volatility due to the rapid pace of technological change in the robotics and automation space
Currency risk for investors as the fund holds international securities
Liquidity risk due to the relatively small asset size of the fund

👤 Best For

IBOT may be suitable for investors seeking long-term exposure to the growth potential of the robotics and automation industry. Investors should have a higher risk tolerance and a longer investment horizon to accommodate the potential volatility of this thematic fund.