VanEck Robotics ETF
IBOT
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 666 Third Avenue, 9th Floor New York NY United States of America 10017
- IPO Date
- Apr 10, 2023
- Website
- vaneck.com
- Similar Companies
- Business
- VanEck ETF Trust - VanEck Robotics ETF (IBOT) is an exchange-traded fund that seeks to replicate as closely as possible the price and yield performance of the BlueStar Robotics Index, focusing on companies involved in robotics technologies and automation; its portfolio includes equities of firms engaged in industrial robotics, non-industrial robots, autonomous vehicles, drones, and related components and software. The fund offers investors targeted exposure to the robotics sector through a passively managed strategy that selects and weights securities based on the benchmark index's methodology, which emphasizes revenue derived from robotics-related activities; key holdings typically feature global leaders in automation equipment, robotic process automation software, and unmanned aerial vehicles. IBOT operates across multiple geographic regions, with significant allocations to companies in the United States, Japan, Europe, and emerging markets in Asia. VanEck ETF Trust, the issuer, was established in 1955 and is headquartered in New York, New York, as part of VanEck Associates Corporation, a firm specializing in exchange-traded products across commodities, equities, fixed income, and thematic strategies; the trust serves institutional and retail investors targeting niche growth sectors like robotics and artificial intelligence. The Robotics ETF targets customers seeking thematic investment in the intersection of automation, AI, and Industry 4.0 transformations across manufacturing, healthcare, logistics, and consumer applications. In recent developments, VanEck launched the VanEck Robotics ETF (IBOT) in 2022 to capitalize on the expanding robotics market, amid projections for substantial industry growth driven by labor shortages and technological advancements; the fund has seen portfolio expansions and rebalancings to incorporate emerging players in humanoid robotics and AI-integrated systems. No major acquisitions, funding rounds, or name changes have been reported for the ETF or its issuer in the last 1-2 years, though VanEck continues strategic enhancements to its suite of innovation-focused ETFs, including alignments with updated index methodologies for improved sector representation.