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NQROBOT Nasdaq CTA Artificial Intelligence and Robotics Total Return Index

This is the total return version of NQROBO. To be included in the Index, a security must be classified as AI or robotics engagers, enablers or enhancers, as determined by the Consumer Technology Association (CTA): 1) Enablers Companies that develop the building block components for robotics or AI, such as advanced machinery, autonomous systems/self-driving vehicles, semiconductors, and databases used for machine learning. 2) Engagers Companies that design, create, integrate, or deliver robotics and/or AI in the form of products, software, or systems. 3) Enhancers Companies that provide their own value-added services within the AI and robotics ecosystem, but which are not core to their product or service offering. Each security must have a minimum market capitalization of $250 million, have a minimum three-month average daily dollar trading volume of at least $3 million, and have a minimum free float of 20%. Each eligible security is scored based on its involvement within its respective engager, enabler or enhancer category. The top 30 companies within each category are selected. Each category is weighted with engagers receiving 60%, enablers receiving 25% and enhancers receiving 15%. The selected companies are weighted equally within each category. The Index is rebalanced quarterly and reconstituted semi-annually.

As of 12/04/2023

Index Information
Provider:     NASDAQ OMX
Category1:  Global Equity
Category2:  Single industry
Category3:  Robotics
Currency:    USD
Inception date:  12/18/2017
Backtesting data exists:   Yes
Weighting methodology:   Other
Number of holdings:  88  (as of 02/28/2018)
Total return version:  NQROBO

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