ROBT

First Trust Nasdaq Artificial Intelligence and Robotics ETF

$51.89

+0.00%

Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT) seeks to track the performance of the Nasdaq CTA Artificial Intelligence and Robotics Index, which is designed to provide exposure to companies engaged in the development and application of artificial intelligence (AI) and robotics technologies.

Overview

ETF tracking First Trust Nasdaq Artificial Intelligence and Robotics ETF

Category Technology

Issuer First Trust

Inception Date 2018-02-22

Market Cap $591.5M

Average Volume N/A

Dividend Yield 0.43%

52-Week Range $35.38 - $56.58

VWAP $51.84

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests in a portfolio of companies that are involved in the development and application of AI and robotics technologies across a variety of industries. The fund's holdings are selected and weighted based on their involvement in the AI and robotics sectors.

✨ Key Features

Provides exposure to companies at the forefront of AI and robotics innovation
Diversified portfolio across multiple industries and technologies
Passively managed to track the Nasdaq CTA Artificial Intelligence and Robotics Index
Low expense ratio of 0.00%

⚠️ Primary Risks

Concentration risk as the fund is focused on a specific technology sector
Volatility risk as the AI and robotics industries can be subject to rapid changes and market fluctuations
Liquidity risk due to the relatively small size of the fund and potential lack of trading volume
Regulatory risk as the AI and robotics industries are subject to evolving laws and regulations

👤 Best For

This ETF may be suitable for investors with a long-term investment horizon who are seeking exposure to the growing AI and robotics sectors and are willing to accept the higher level of risk associated with a technology-focused fund.