IBOT
VanEck Robotics ETF
IBOT
VanEck Robotics ETF
-
NAV
$37.78
as of June 08, 2023 -
YTD RETURNS
9.87%
as of June 08, 2023 -
Total Net Assets
$1.89M
as of June 08, 2023 -
Total Expense Ratio
0.47% -
Inception Date
04/05/2023
Van Eck Associates Corporation (the “Adviser”) will pay all expenses of the Fund, except for the fee payment under the investment management agreement, acquired fund fees and expenses, interest expense, offering costs, trading expenses, taxes and extraordinary expenses. Notwithstanding the foregoing, the Adviser has agreed to pay the offering costs until at least February 1, 2025. “Other Expenses” have been restated to reflect current fees.
Fund Description
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.
Overview
Key Points
- Technological advancements have lowered costs, rapidly increasing adoption
- Strong and growing revenues supported by a global market, expected to double by 2026*
- Exposure to high-growth companies, driving the future of industrial automation
*Source: BCC Publishing, 2022.
Reshoring with Robotics & Bridging the Labor Gap