IBOT was created on 2023-04-05 by VanEck. The fund's investment portfolio concentrates primarily on theme equity. The ETF currently has 75.1m in AUM and 66 holdings. IBOT tracks an index designed to provide exposure to companies involved in early adoption of commercial and industrial robotics, globally. Stocks are selected based on the amount of revenue tied to the theme. Holdings are weighted based on a modified market cap, tilting towards specific sub-industries.