Doesn't sound crazy.

You only need to know when it is ;)

Yeah, I was using more broad definition. Now, it's more about cloud as a service indeed.

$IBOT — robotics exposure for purists:

- Companies must derive 50%+ revenue from robotics.
- 50% weight to actual robot manufacturers
- 25% to machine vision/software
- 25% to surgical systems & chips.

Only $28M AUM, but 31% YTD. etfsavant.com/arty-vs-ibot/

$ARTY — (ex. $IRBO) tracks Morningstar Global AI Select.

119% annual turnover = you're betting on Morningstar's ability to identify AI winners (not a static basket).

AUM = $1.95B

$BOTZ is a concentrated bet on physical AI:

- 30% allocated to Japanese robotics giants (Keyence, Fanuc, SMC).
- 59% in top 10 holdings including $NVDA

AUM = $3B etfsavant.com/botz-vs-robo/

$ROBO — the world's first robotics & automation ETF (2013).

- 40% pure-play robotics leaders
- 60% automation exposure across 78+ holdings in 15+ countries

Expense ratio 0.95% - you're paying for 11y of category definition.

AUM = $1.3B