VanEck Robotics ETF(NASDAQ:IBOT)

IBOT aims to provide the total return, less expenses, of an index encompassing the largest and most liquid companies in the global robotics space. These are expected to be high-growth names powering the future of industrial automation. After meeting minimum trading and liquidity requirements, a company must derive at least 50% of their revenue from one of seven sub-industries: robots and manufacturing/industrial automation systems, robotic surgical systems, additive manufacturing (3D printing), robotics or manufacturing computer-aided design or other software, semiconductor manufacturing systems, machine vision, or embedded machine learning chips. Stocks selected are market cap-weighted, up to a 5% cap. The overall portfolio weighting tilts 50% to robotics/manufacturing, 25% to machine vision and robotics software, and 25% to embedded chips, robotic surgical systems and semiconductor manufacturing. The index reconstitutes and rebalances semiannually in June and December.