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VanEck ETF Trust VanEck Robotics ETF

IBOT
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 05 2023
Expense Ratio
0.47%
Type
Global Equities
Fund Owner
Van Eck Associates Corporation
Volume (1m avg. daily)
$23,969
AUM
$2,634,000
Associated Index
BlueStar Robotics Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus

Top 10 Holdings

EMR
Emerson Electric Co.
6.18%
NVDA
NVIDIA Corp
5.96%
ADSK
Autodesk Inc.
5.08%
ABBN
ABB Ltd.
5.07%
6902
Denso Corporation
4.71%
SIE
Siemens AG - Registered Shares
4.46%
6861
Keyence Corporation
4.29%
DSY
Dassault Systemes SA
4.27%
ROK
Rockwell Automation Inc
3.69%
ANSS
Ansys Inc. - Registered Shares
3.05%
Invest with IBOT

What is IBOT?

VanEck Robotics ETF seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the BlueStar Robotics Index, which is intended to track the overall performance of companies involved in robotics.

ETFs related toIBOT

ETFs correlated to IBOT include ROBO, BOTZ, RSPT

IBOT
VanEck ETF Trust - VanEck Robotics ETF
ROBO
Exchange Traded Concepts Trust - ROBO Global Robotics and Automation Index ETF
BOTZ
Global X Funds - Global X Funds Global X Robotics & Artificial Intelligence ETF
RSPT
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight Technology ETF
USXF
iShares Trust - iShares ESG Advanced MSCI USA ETF
TDV
ProShares Trust - ProShares S&P Technology Dividend Aristocrats ETF
FXL
First Trust Exchange-Traded Fund III - First Trust Technology AlphaDEX Fund
SPHB
Invesco Capital Management LLC - Invesco S&P 500 High Beta ETF
ROBT
First Trust Exchange-Traded Fund VI - First Trust Nasdaq Artificial Intelligence and Robotics ETF
FTC
First Trust Exchange-Traded Fund III - First Trust Large Capital Growth AlphaDEX Fund
HIBL
Direxion Shares ETF Trust - Direxion Daily S&P 500 High Beta Bull 3X Shares

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

IBOT is a Global Equities ETF. VanEck Robotics ETF seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the BlueStar Robotics Index, which is intended to track the overall performance of companies involved in robotics.

IBOT tracks the BlueStar Robotics Index.

No, IBOT is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, IBOT is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on IBOT is -0.0283%. This is the percent change in the value of IBOT over the most recent 1-month period. The 3-month return on IBOT is -0.0686%. This is the percent change in the value of IBOT over the most recent 3-month period.

ETFs similar to IBOT include PBW, IGF, and ARKK.

ETFs correlated to IBOT include ROBO, BOTZ, and RSPT.

ETFs that are inversely correlated to IBOT include HIBS, SOXS, and TECS.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.