$IQM vs $ROBO
Franklin Intelligent Machines ETF vs. ROBO Global Robotics & Automation Index ETF: fees, size, yield, strategy and live prices side by side.
Side by side
| Metric | $IQM | $ROBO |
|---|---|---|
| Provider | Franklin Templeton | Exchange Traded Concepts (ROBO Global) |
| Category | AI & robotics | Core robotics & automation |
| Management | Active | Index |
| AUM | $74M | $1.90B |
| Expense ratio | 0.50% | 0.95% |
| Yearly fee on $10,000 | $50 | $95 |
| Dividend yield | 0.00% | 0.38% |
| Pays | None yet | Annual |
| Launched | Feb 25, 2020 | Oct 22, 2013 |
The short version
$IQM is cheaper to own, at 0.50% a year versus 0.95%. $ROBO is the bigger fund, with $1.90B in assets. $ROBO has been around longer, launching on October 22, 2013.
$IQM
Franklin's intelligent machines ETF is an actively managed fund investing in companies behind intelligent machines: robotics, automation, sensors and the chips and software that power them. It often holds large positions in AI chip and semiconductor equipment names, so it can trade much like a tech growth fund. It pays little or no dividend.
$ROBO
The original robotics ETF, launched in 2013. ROBO tracks the ROBO Global Robotics and Automation Index, which spreads money across a wide mix of robotics, sensing, motion control and automation companies around the world. Its holdings are more equally spread than most peers, which means more small and mid-size companies. That diversifies the bet but also means it can lag when a few mega-cap AI names lead the market. It carries one of the higher fees in the group.
Lower fees and more assets are helpful, but they are not the whole story. The bigger question is which strategy matches what you want to own. This comparison is not a recommendation to buy or sell either fund.
FAQ
What is the difference between IQM and ROBO?
IQM is the Franklin Intelligent Machines ETF from Franklin Templeton (ai & robotics), while ROBO is the ROBO Global Robotics & Automation Index ETF from Exchange Traded Concepts (ROBO Global) (core robotics & automation). They differ in strategy, fees and size.
Which is cheaper, IQM or ROBO?
IQM has the lower expense ratio: 0.50% vs 0.95%.
Which is bigger, IQM or ROBO?
ROBO has more assets: $1.90B vs $74M.
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