KraneShares Launches First Humanoid Robot ETF
- KraneShares has launched KOID, the first US-listed ETF targeting humanoid robot companies.
- The fund tracks 50 companies across six categories from robot manufacturing to semiconductors.
- Holdings include Nvidia, Tesla and Amphenol with a 0.69% expense ratio after the fee waiver.
KraneShares Funds Advisors launched the first U.S.-listed exchange-traded fund focused on humanoid robot companies, offering investors exposure to the emerging robotics sector through the KraneShares Global Humanoid and Embodied Intelligence Index ETF (KOID).
The fund represents the first thematic equity ETF to capture the global humanoid opportunity, according to a Thursday press release. KOID targets companies involved in humanoid and embodied intelligence technology or those acting as supply chain solutions for humanoid robot companies.
The ETF tracks the MerQube Global Humanoid and Embodied Intelligence Index, which selects 50 companies ranked by a proprietary exposure score and market capitalization, according to the prospectus. The index equally weights holdings across six categories: humanoid integration and manufacturing, actuation systems, mechanical systems, sensing and perception, semiconductors and technology, and critical materials.
Current holdings highlight the fund's diverse approach to robotics investing. Nvidia Corp. (NVDA) represents 2.5% of net assets alongside Tesla Inc. (TSLA) at 2.5% and Amphenol Corp. (APH) at 2.7%, according to KraneShares.
KOID Robotics Investment Strategy
The fund employs an equal-weighting strategy that rebalances quarterly, according to the prospectus. Companies must meet minimum market capitalization and liquidity requirements measured by one and six-month average daily trading volumes to qualify for inclusion.
KraneShares assigns each eligible security a proprietary "Humanoid and Embodied Intelligence Exposure Score" based on company documents, publications and news items, according to the prospectus. This scoring system measures how deeply companies participate in humanoid robot development or serve as supply chain partners.
The ETF charges a 0.79% management fee but currently operates with a 0.69% expense ratio after a 0.1% fee waiver through August 1, according to the prospectus. James Maund serves as lead portfolio manager while Jonathan Shelon provides additional portfolio management support.
The fund's global scope includes exposure to Chinese companies like Shanghai Beite, which represents 2.3% of holdings, according to KraneShares. Other international holdings include German companies Infineon Technologies AG at 2.4% and Schaeffler AG at 2.3%, as the fund seeks to reach across major robotics markets worldwide.
