BlackRock Launches iShares Robotics and Artificial Intelligence ETF

As robotics and artificial intelligence (AI) continue to grow as investment themes within the broader technology landscape, BlackRock is expanding its suite of thematic iShares ETFs. With the launch of iShares Robotics and Artificial Intelligence ETF (IRBO), investors now have the ability to access companies that are creating rapid advancements across a wide variety of industries. 

IRBO seeks to track an index that utilizes a rule-based security selection process to target the Robotics and AI value chain. A two-in-one solution, IRBO offers investors access to two innovative and interconnected themes in an efficient manner. As the components of the underlying index are equally weighted, IRBO is not dominated by mega cap names and provides equal-weighted access to companies specializing in innovations across Robotics and AI.