First Trust Nasdaq Artificial Intelligence and Robotics ETF
ROBT
NASDAQ Global Market- -
USD
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Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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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 - Global
- Address
- 120 East Liberty Drive, Suite 400 Wheaton IL United States of America 60187
- IPO Date
- Mar 5, 2018
- CIK
- 0001552740
- Website
- ftportfolios.com
- Similar Companies
- Business
- First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT) is an exchange-traded fund that seeks investment results that correspond generally to the price and yield, before the fund's fees and expenses, of the Nasdaq CTA Artificial Intelligence and Robotics Index. The fund offers investors exposure to companies engaged in artificial intelligence, robotics, automation, and related technologies through a diversified portfolio of equity securities; it employs a modified equal-weight methodology that selects and weights constituents based on their involvement in the index's themes, including automation, cognition, and human-machine interaction. ROBT invests primarily in common stocks of U.S.-listed companies across sectors such as information technology, industrials, and healthcare, targeting firms developing AI algorithms, robotic hardware, autonomous systems, and enabling technologies like sensors and machine learning software. The fund was launched in 2018 and is managed by First Trust Advisors LP, with headquarters in Wheaton, Illinois; it operates globally by investing in companies with significant business activities in the U.S., Europe, Asia-Pacific, and emerging markets, serving institutional and retail investors seeking thematic growth in AI and robotics. ROBT's holdings include prominent names in industrial robotics (e.g., ABB Ltd., Fanuc Corp.), AI software (e.g., NICE Ltd., Pegasystems Inc.), and autonomous vehicle technology (e.g., AeroVironment Inc.), with approximately 90-100 holdings rebalanced semi-annually to reflect index adjustments. In recent developments, ROBT benefited from heightened investor interest in AI amid the 2024-2025 market rally driven by advancements in generative AI and robotics adoption; the fund saw assets under management grow significantly, surpassing $1 billion, alongside strong performance relative to broader tech indices due to expansions in holdings like NVIDIA Corp. and Intuitive Surgical Inc. No major structural changes, such as mergers, rebrandings, or index reconstitutions, were reported in the last 1-2 years, though First Trust enhanced its ETF lineup with complementary AI-focused products, reinforcing ROBT's position in the thematic ETF segment.