In this article, we discuss 5 best robotics ETFs. If you want to read our discussion on the robotics industry, you can go directly to the 10 Best Robotics ETFs.
5. SPDR Kensho Final Frontiers ETF (NYSEARCA:ROKT)
5-Year Performance as of September 8, 2023: 48.7%
Total Net Assets as of September 8, 2023: $16.99 million
Expense Ratio: 0.45%
Number of Holdings: 32
SPDR Kensho Final Frontiers ETF (NYSEARCA:ROKT) has been designed to follow the S&P Kensho Final Frontiers Index, which provides exposure to emerging technology areas, including robotics and artificial intelligence.
The ETF provides 98.7% geographic exposure to the US and 1.3% to Israel. Oceaneering International, Inc. (NYSE:OII), Rocket Lab USA, Inc. (NASDAQ:RKLB), Teledyne Technologies Incorporated (NYSE:TDY), and the Boeing Company (NYSE:BA) are the top four constituents in the ETF with a combined weightage of nearly 18.7%.
4. iShares U.S. Tech Breakthrough Multisector ETF (NYSEARCA:TECB)
5-Year Performance as of September 8, 2023: 50.3%
Total Net Assets as of September 8, 2023: $313.3 million
Expense Ratio: 0.40%
Number of Holdings: 168
iShares U.S. Tech Breakthrough Multisector ETF (NYSEARCA:TECB) came into being in January 2020. The ETF is focused on investing in companies that rely on breakthrough technologies like robotics, immunology, financial technology, AI, cloud computing, and cybersecurity. The ETF is offered by iShares, which is a division of BlackRock. Since the launch of the headline-making ChatGPT in November 2022, iShares U.S. Tech Breakthrough Multisector ETF (NYSEARCA:TECB) has outperformed the S&P 500 Index by more than threefold. The ETF yielded a return of 31.2% as opposed to the return of 9.1% generated by the S&P 500 Index during the same time.
3. SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMP)
5-Year Performance as of September 8, 2023: 52.22%
Total Net Assets as of September 8, 2023: $1.71 billion
Expense Ratio: 0.20%
Number of Holdings: 544
SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMP) provides exposure to innovative companies across 8 economic sectors, namely healthcare innovation, robotics & AI, fintech, energy transition, advanced transport systems, smart infrastructure, space exploration & deep sea exploration. The ETF is passively managed and tracks an index designed by S&P Dow Jones Indices. SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMP) has the lowest expense ratio amongst all the ETFs on this list.
2. ARK Autonomous Technology & Robotics ETF (CBOE:ARKQ)
5-Year Performance as of September 8, 2023: 53.3%
Total Net Assets as of September 8, 2023: $1.17 billion
Expense Ratio: 0.75%
Number of Holdings: 37
ARK Autonomous Technology & Robotics ETF (CBOE:ARKQ) seeks long-term capital growth by investing in global companies engaged in robotics, autonomous transportation, automation, 3D printing, and energy storage technologies.
It is an actively managed ETF that invests across various market caps; however, it tends to favor mid and small-cap high-growth stocks. The ETF offers targeted exposure to autonomous and robotic technologies expected to transform industries like transportation, manufacturing, and defense. Its active management approach enables it to capitalize swiftly on emerging innovators in the field. Tesla, Inc. (NASDAQ:TSLA), UiPath Inc. (NYSE:PATH), and Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) are the three biggest holdings of the ETF, representing 29.6% of the portfolio.
1. Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ)
5-Year Performance as of September 8, 2023: 86%
Total Net Assets as of September 8, 2023: $560.3 million
Expense Ratio: 0.68%
Number of Holdings: 87
Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) invests in companies that have the potential to benefit from the continued advancement and adoption of artificial intelligence (AI) technologies.
Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) adopts a broad definition of the AI and tech theme, encompassing sub-themes such as autonomous vehicles and robotics. The ETF is passively managed and tracks the Indxx Artificial Intelligence & Technology Index. Alphabet Inc. (NASDAQ:GOOGL), Intel Corporation (NASDAQ:INTC), and Adobe Inc. (NASDAQ:ADBE) are the three biggest holdings of the ETF, representing 10.1% of the overall portfolio.
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