First Trust Nasdaq Artificial Intelligence and Robotics ETF

Frequently Asked Questions About ROBT

What does ROBT invest in?

The First Trust Nasdaq Artificial Intelligence and Robotics ETF, referred to as "the Fund," aims to deliver investment returns that broadly correspond to the price movements and income generated by a specific benchmark, prior to its own operational costs. This benchmark is identified as the Nasdaq CTA Artificial Intelligence and Robotics Index ("the Index"). A core strategy involves the Fund customarily deploying a minimum of 90% of its net assets, including any investment borrowings, into the common shares and depositary receipts that comprise this Index. The Index itself is crafted to monitor the financial performance of corporations actively engaged in artificial intelligence ("AI") and robotics, encompassing a range of economic sectors such as technology, industrial, and others.

What is the expense ratio of ROBT?

First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT) charges an expense ratio of 0.65%. This is the annual fee deducted from fund assets to cover management and operations.

How big is ROBT?

First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT) manages $742.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is ROBT actively managed or an index fund?

ROBT's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was ROBT launched?

First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT) launched in February 2018 and is managed by First Trust.

How has ROBT performed?

ROBT's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.