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PBOT

GradeCNew York Stock Exchange Arca

Pictet AI & Automation ETF

Themes · Pictet · Inception 2025-10-15

$34.86+0.04 (+0.12%)

As of Sep 23, 2026, 11:10 AM EDT

History starts Oct 16, 2025.History starts Oct 16, 2025.
Intraday session: up, 5 prints from 34.82 to 34.86. Range 34.50 to 34.86. Use the arrow keys to read each point.$34.50$34.60$34.70$34.8010 AM12 PM2 PM4 PM
Expense ratio
0.70%
Fund size
$15M
1Y return
—
Yield · Last 12 months
Data unavailable
Holdings
53
Volume · 30D
0M sh
NAV per share
$34.43
52W range
low $22.52high $35.52

The ETF.net PBOT Grade

C

49/ 100

Rank 14 of 30 in Artificial Intelligence⁠

Confidence Medium

Six-pillar profile for PBOT. Scores out of 100: Cost 36, Risk 88, Mission not scored, Tradability 30, Holdings 65, Durability 38. Strongest: Risk (88). Weakest: Tradability (30). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 49 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    DScore 36
    Category rank20/30 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    AScore 88
    Category rank1/27 · top 4%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 30
    Category rank25/30 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 65
    Category rank11/27 · top 41%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 38
    Category rank24/30 · bottom quartile

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on PBOT

ETF.net Research

CMost AI ETFs hand the theme to an index. PBOT is a stock picker: Pictet's thematic team running global AI and automation, from robotics to semiconductors, launched as part of the two-century-old Geneva firm's first US ETF lineup.

Stated mandate

The Fund seeks long-term capital appreciation.

Why people hold it

  1. 01Active by design: at least 80% of assets in global AI and automation equities, measured against MSCI ACWI rather than a packaged AI theme index.businesswire.com
  2. 02The mandate covers the whole value chain (robotics, cybersecurity, semiconductors, software) and is global, so the manager isn't fenced into US megacaps.
  3. 03Pedigree behind the wrapper: Pictet Asset Management, part of an independent Geneva group with roughly two centuries of history, with PBOT in its first US-listed ETF range.businesswire.cometf.am.pictet.com

Worth knowing

  1. 01At 0.70% a year you're paying active-manager pricing in a shelf where index versions cost less (XAIX at 0.35%, QTUM at 0.40%).
  2. 02It launched in October 2025, so the record is short, and with an active mandate the portfolio reflects the team's calls rather than a published theme index.businesswire.com
  3. 03As a recent entrant it's small and trades lightly next to the category's established names, which typically shows up as wider bid-ask spreads.

PBOT Holdings

As of Sep 20, 2026, 8:53 AM
Asset class
Stocks
Holdings
53
Top-10 weight
43%
Largest holding
AVGO7.7%

Geography

  • United States76.11%
  • Netherlands7.75%
  • Germany4.71%
  • Korea (the Republic of)3.62%
  • Taiwan (Province of China)3.13%
  • Japan2.31%
  • Sweden1.24%
  • Canada0.63%
  • Other countries (1)0.50%

Developed 70% · Emerging 30% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 4.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001AVGOBROADCOM INC7.67%3,040$1M732
002GOOGLALPHABET INC-CL A5.59%2,270$793K704
003SNOWSNOWFLAKE INC4.80%2,048$681K321
004NVDANVIDIA CORP4.10%2,613$581K828
005ASML.ASASML HOLDING NV3.94%337$559K194
006CRWDCROWDSTRIKE HOLDINGS INC - A3.73%2,224$529K454
007PANWPALO ALTO NETWORKS INC3.63%1,414$514K486
008NETCLOUDFLARE INC - CLASS A3.38%1,481$479K273
009IFX.DEINFINEON TECHNOLOGIES AG3.30%7,314$468K170
010TSMTAIWAN SEMICONDUCTOR-SP ADR3.12%1,018$442K268
011KLACKLA CORP3.11%2,495$442K506
012CRMSALESFORCE INC3.04%1,810$431K457
013NOWSERVICENOW INC2.91%3,045$413K426
014TERTERADYNE INC2.90%1,109$412K421
015OKTAOKTA INC2.36%1,838$335K245

Showing 1–15 of 59 holdings

PBOT Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

PBOT$13,817
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,430
Dec 31, 2025 to Sep 22, 2026. PBOT $13,817. SPY $11,430. Use the arrow keys to read each point.$8,546$11,377$14,208Dec 2025May 2026Sep 2026

Dec 31, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for PBOT. Periods over one year show the average yearly return.
PeriodPBOT
Year to date+38.2%
1 month+6.3%
3 months+5.8%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for PBOT
YearReturn barPBOT
2026 YTD+38.2%
2025+1.6%

History from Oct 16, 2025

PBOT in the news

ETF.net Research hasn’t filed on PBOT yet — coverage lands here as it’s written.

PBOT Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.02 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 19, 2025 $0.02. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 19, 2025Dec 23, 2025$0.02

PBOT Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Oct 2025; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Oct 2025; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched Oct 2025; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.76
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

PBOT Cost

Expense ratio0.70%
  • The middle half of Artificial Intelligence funds
  • Median 0.65%

19 of the 30 Artificial Intelligence funds charge less.

PBOT costs $70.00 a year on $10,000. The median Artificial Intelligence fund costs $65.00.