iShares Robotics & Artificial Intelligence ETF
ALTAR
Score™
2.6% info Recommen-
dation
UNDERWEIGHT
2020E    2021E
P/E
ratio
58.3x P/Sales
ratio
1.9x
P/BV
ratio
3.0x Div.
yield
0.7%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The iShares Robotics and Artificial Intelligence ETF tracks an equal-weighted index of global equities involved in robotics and artificial intelligence.

FUND BASICS
Category Global Equities
Fund Sponsor BlackRock
Website www.ishares.com
Inception date Jun 26, 2018
Assets (mns) $119
Currency USD
Expense ratio 47 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Equal
Index replication
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 102
Wgt avg mkt cap (mns) $102,570
Large cap (>$10bn) 45.6%
Mid cap ($2-10bn) 33.2%
Small cap (<$2bn) 18.5%
Developed mkts 81.0%
Emerging mkts 19.0%

TOP TEN HOLDINGS
PING AN HEALTHCARE AND TECHNOLOGY 1.7 %
MONGODB, INC. CLASS A 1.6 %
NVIDIA CORP 1.5 %
IROBOT CORP 1.5 %
MONEY FORWARD, INC. 1.4 %
PARADE TECHNOLOGIES, LTD. 1.3 %
KINGSOFT CORP LTD 1.3 %
AMAZON.COM INC 1.3 %
MEGAPORT LTD. 1.3 %
NETFLIX INC 1.3 %
Total 14.2 %

TOP COUNTRY EXPOSURE
UNITED STATES 53.0 %
CHINA 13.4 %
JAPAN 9.0 %
SOUTH KOREA 3.6 %
FRANCE 3.3 %
TAIWAN 3.0 %
GERMANY 2.9 %
BRITAIN 1.3 %
LUXEMBOURG 1.1 %
NETHERLANDS 0.9 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
2.7% 22.0% -- -- 8.8%

Market Correlations
versus... Beta R-squared
S&P500 1.22 88%
MSCI EAFE 1.26 77%
MSCI Emg. Mkts. 1.02 72%

Technical Indicators
Recent close $28.44
30d moving avg. $25.98
Annualized volatility 26.7%
Short interest (ETF) 0.3%
Relative strength (RSI) 66

Liquidity measures
Avg. volume (thou.) 60
Turnover 1.4%
Bid/Ask (% of price) 0.32%
ADV underlying (mns) $80,476

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the iShares Robotics & Artificial Intelligence ETF ETF based on the alternatives' overlap in portfolio holdings with IRBO. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: IRBO Expense: 47 bp ALTAR Score™: 2.6%


ALTERNATIVE ETFs BASED ON OVERLAP WITH IRBO
Ticker Fund
Name
Overlap1
vs IRBO
(%)
Expense
ratio
(bp)
Savings
vs IRBO
(bp)
ALTAR
Score™
(%)
ALTAR
vs IRBO
(%)
XITK SPDR FactSet Innovative Technology ETF 25.8 45 2 0.4 -2.2
QTUM Defiance Quantum ETF 24.8 40 7 5.5 +2.9
AIQ Global X Future Analytics Tech ETF 23.6 68 -21 4.2 +1.6
TECB iShares US Tech Breakthrough Multisector ETF 23.1 40 7 4.1 +1.5
GDAT Goldman Sachs Motif Data-Driven World Etf 21.3 50 -3 5.2 +2.6
OGIG O'Shares Global Internet Giants ETF 20.8 48 -1 0.5 -2.1
FXL First Trust Technology AlphaDEX Fund 20.8 61 -14 3.3 +0.7
DTEC ALPS Disruptive Technologies ETF 19.9 50 -3 3.5 +0.9
ROBO Robo Global Robotics & Automation Index ETF 19.6 95 -48 3.4 +0.8
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 18.9 60 -13 4.1 +1.5
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 18.9 35 12 4.4 +1.8
GIGE SoFi Gig Economy ETF 18.8 59 -12 -0.6 -3.2
IGM iShares North American Tech ETF 18.3 46 1 4.0 +1.4
JHMT John Hancock Multifactor Technology ETF 18.2 40 7 5.1 +2.6
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 17.7 57 -10 5.1 +2.5
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 17.7 65 -18 3.8 +1.2
IYW iShares U.S. Technology ETF 17.2 42 5 4.3 +1.8
GMAN Goldman Sachs Motif Manufacturing Revolution ETF 17.1 50 -3 4.2 +1.7
XNTK SPDR Morgan Stanley Technology ETF 17.1 35 12 4.0 +1.4
ARKW ARK Web x.0 ETF 16.9 76 -29 -0.8 -3.4
IETC iShares Evolved U.S. Technology ETF 16.6 18 29 4.1 +1.5
QYLD Global X NASDAQ 100 Covered Call ETF 16.0 60 -13 3.7 +1.2
PLAT WisdomTree Modern Tech Platforms Fund 15.9 45 2 1.3 -1.3
NUSI Nationwide Risk-Managed Income ETF 15.8 68 -21 3.7 +1.1
QQQ Invesco QQQ Trust 15.8 20 27 4.1 +1.5
RYT Invesco S&P 500 Equal Weight Technology ETF 15.6 40 7 7.4 +4.8
SOCL Global X Social Media ETF 15.5 65 -18 2.3 -0.3
DRIV Global X Autonomous & Electric Vehicles ETF 15.2 68 -21 6.0 +3.4
RPG Invesco S&P 500 Pure Growth ETF 15.1 35 12 4.4 +1.9
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 14.9 21 26 3.2 +0.6
BLCN Reality Shares Nasdaq NextGen Economy ETF 14.8 68 -21 4.4 +1.9
GENY Principal Millennials Index ETF 14.7 45 2 4.0 +1.4
VOOG Vanguard S&P 500 Growth ETF 14.6 10 37 4.4 +1.8
SPYG SPDR Portfolio S&P 500 Growth ETF 14.5 4 43 4.5 +1.9
IVW iShares S&P 500 Growth ETF 14.5 18 29 4.3 +1.8
KOMP SPDR Kensho New Economies Composite ETF 14.4 20 27 1.6 -1.0
IUSG iShares Core S&P US Growth ETF 14.3 4 43 4.5 +1.9
XOUT GraniteShares XOUT U.S. Large Cap ETF 14.2 60 -13 4.5 +2.0
IWF iShares Russell 1000 Growth ETF 14.0 19 28 4.3 +1.8
VONG Vanguard Russell 1000 Growth Index Fund 14.0 8 39 4.4 +1.9
VGT Vanguard Information Technology Index Fund 14.0 10 37 4.8 +2.3
SKYY First Trust Cloud Computing ETF 13.9 60 -13 1.9 -0.7
FTEC Fidelity MSCI Information Technology Index ETF 13.9 8 39 4.9 +2.3
CACG ClearBridge All Cap Growth ETF 13.9 54 -7 4.5 +1.9
VUG Vanguard Growth Index Fund 13.9 4 43 4.2 +1.6
IXN iShares Global Tech ETF 13.7 46 1 4.8 +2.3
IWY iShares Russell Top 200 Growth ETF 13.4 20 27 4.3 +1.7
JKE iShares Morningstar Large-Cap Growth ETF 13.4 25 22 3.5 +0.9
VEGN US Vegan Climate ETF 13.4 60 -13 5.3 +2.7
IQM Franklin Intelligent Machines ETF 13.3 50 -3 2.2 -0.4
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 13.2 75 -28 3.7 +1.1
MTUM iShares Edge MSCI USA Momentum Factor ETF 12.9 15 32 4.8 +2.2
XT iShares Exponential Technologies ETF 12.9 47 0 5.2 +2.6
XLK Technology Select Sector SPDR Fund 12.9 13 34 5.0 +2.5
MGK Vanguard Mega Cap Growth ETF 12.9 7 40 4.3 +1.7
OEF iShares S&P 100 ETF 12.8 20 27 5.0 +2.4
SPXN ProShares S&P 500 Ex-Financials ETF 12.8 27 20 5.1 +2.6
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 12.7 49 -2 4.2 +1.6
SPXV ProShares S&P 500 Ex-Health Care ETF 12.6 27 20 5.2 +2.6
XSD SPDR S&P Semiconductor ETF 12.6 35 12 4.0 +1.4
PNQI Invesco NASDAQ Internet ETF 12.6 62 -15 1.2 -1.4
FTC First Trust Large Cap Growth AlphaDEX Fund 12.6 61 -14 3.0 +0.4
ESGV Vanguard ESG U.S. Stock ETF 12.5 12 35 5.3 +2.7
GBUY Goldman Sachs Motif New Age Consumer ETF 12.5 50 -3 2.1 -0.5
NXTG First Trust Indxx NextG ETF 12.5 70 -23 6.1 +3.5
PBP Invesco S&P 500 BuyWrite ETF 12.5 49 -2 5.1 +2.5
JQUA JPMorgan U.S. Quality Factor ETF 12.5 12 35 5.3 +2.7
CATH Global X S&P 500 Catholic Values Custom ETF 12.4 29 18 5.3 +2.8
EQWL Invesco Russell Top 200 Equal Weight ETF 12.4 25 22 6.0 +3.5
HSPX Global X S&P 500 Covered Call ETF 12.3 65 -18 5.0 +2.4
MMTM SPDR S&P 1500 Momentum Tilt ETF 12.3 12 35 5.1 +2.5
SFY SoFi Select 500 ETF 12.3 0 47 5.4 +2.8
IWL iShares Russell Top 200 ETF 12.2 15 32 5.2 +2.6
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 12.2 20 27 5.5 +2.9
SPXE ProShares S&P 500 Ex-Energy ETF 12.1 27 20 5.4 +2.9
ESGU iShares MSCI USA ESG Optimized ETF 12.1 15 32 5.2 +2.6
LRGE ClearBridge Large Cap Growth ESG ETF 12.1 60 -13 4.0 +1.4
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 12.1 20 27 5.1 +2.5
FDN First Trust Dow Jones Internet Index Fund 12.1 52 -5 2.5 -0.1
VV Vanguard Large-Cap Index Fund 12.0 4 43 5.4 +2.8
MGC Vanguard Mega Cap Index Fund 12.0 7 40 5.3 +2.8
PBUS Invesco PureBeta MSCI USA ETF 12.0 4 43 5.4 +2.8
BBUS JP Morgan Betabuilders U.S. Equity ETF 12.0 2 45 5.4 +2.9
SPLG SPDR Portfolio Large Cap ETF 12.0 3 44 5.5 +2.9
IVV iShares Core S&P 500 ETF 12.0 4 43 5.5 +2.9
SPY SPDR S&P 500 ETF Trust 12.0 9 38 5.5 +2.9
VOO VANGUARD S&P 500 ETF 12.0 3 44 5.5 +3.0
SCHG Schwab U.S. Large-Cap Growth ETF 11.9 4 43 4.3 +1.7
SCHX Schwab U.S. Large-Cap ETF 11.9 3 44 5.4 +2.8
ARKQ Ark Industrial Innovation ETF 11.9 75 -28 0.7 -1.8
PEXL Pacer US Export Leaders ETF 11.8 60 -13 6.2 +3.6
SCHK Schwab 1000 Index ETF 11.8 5 42 5.4 +2.8
IWB iShares Russell 1000 ETF 11.8 15 32 5.3 +2.7
TMFC Motley Fool 100 Index ETF 11.7 50 -3 4.0 +1.4
IYY iShares Dow Jones U.S. ETF 11.7 20 27 5.3 +2.7
VONE Vanguard Russell 1000 ETF 11.7 8 39 5.4 +2.8
QGRO American Century STOXX U.S. Quality Growth ETF 11.7 29 18 3.1 +0.5
SPTM SPDR Portfolio Total Stock Market ETF 11.7 3 44 5.6 +3.0
FMK First Trust Mega Cap AlphaDEX Fund 11.6 70 -23 5.3 +2.7
IQSU IQ Candriam ESG US Equity ETF 11.6 9 38 5.3 +2.7

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
iShares Robotics & Artificial Intelligence ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT

Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 8.7 %
Divided by: Fwd. P/BV 2.9 x
Less: Expense ratio 47 bp
Equals: ALTAR Score 2.6 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.51 CATEGORY
AVERAGE
1.51
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.