ISIN IE00BYZK4552TER 0.40%Assets 4,979 M €
Volatility 1y 22%Worst fall 1y −13%Since 2016-09-08
Themes · general research
Robotics and autonomy
Surgical and warehouse robots, chip testing and cobots, autonomy and humanoid robots.
Can lose most
Can lose most of the money. Typical volatility 77%, typical worst fall −72%; 2 of 5 companies are more than half below their high.
Mostly profitable large companies (Intuitive Surgical, Teradyne, Tesla); the pure plays are micro-caps that fell 85 % from their high.
Typical volatilityMedian 1-year volatility of the theme's companies (annualised daily moves).
77%
Typical worst fallMedian of each company's worst peak-to-trough fall in five years (or since listing).
−72%
Typical distance from the high
−31%
Typical 1-year return
−16%
How to hold it in the EU
US-listed ETFs have no KID and cannot be bought by EU retail investors; these UCITS lines can. One fund line spreads the single-company risk.
ISIN IE00BLCHJB90TER 0.50%Assets 133 M €
Volatility 1y 22%Worst fall 1y −16%Since 2021-11-16
Green: available; dashed with “?”: the venue is offered, check the line in the terminal; crossed out: not available.
US theme ETFs (BOTZ) are used only to measure the theme's risk: not buyable by EU retail.
The companies
Research data of 2026-10-15; where we score the company, its live Smart Score and red flags are shown.
| Ticker | Market cap | Revenue (y/y) | P/S | Volatility 1y | Worst fall | From high | 1 year | 12 m: ×2 / −50 % | Where | Our rating |
|---|---|---|---|---|---|---|---|---|---|---|
| TSLA Tesla: EVs, autonomy and humanoid robots | 1.45 T$ | 103.6 B$ (+12%) | 14× | 45% | −74% | −25% | −16% | 3% / 4% | Freedom24IBKR | 2/10 |
| ISRG Intuitive Surgical: surgical robots | 148.5 B$ | 11.0 B$ (+21%) | 13× | 37% | −50% | −31% | −4% | 0% / 0% | Freedom24IBKR | 5/10 |
| TER Teradyne: chip testing and collaborative robots | 56.2 B$ | 4.5 B$ (+58%) | 13× | 77% | −60% | −26% | +158% | 18% / 0% | Freedom24IBKR | 5/10Caution. Accruals or the Beneish M-score are in the watch zone. More in the glossary → |
| SYM Symbotic: warehouse robotics | 22.9 B$ | 2.6 B$ (+21%) | 9× | 79% | −72% | −57% | −46% | 42% / 6% | Freedom24IBKR | Serious warning. Share count growing more than 10 % a year over three years. More in the glossary → |
| SERV Serve Robotics: delivery robots | 298 M$ | 8 M$ (+426%) | 38× | 80% | −85% | −85% | −79% | 17% / 16% | Freedom24IBKR | 1/10Caution. Negative free cash flow in at least two of the last three years. More in the glossary → |
Survivorship: the list is of companies known in 2026; earlier names that went bankrupt or were taken private are missing, so the “×2” share is an upper bound.
Base rates: how such bets usually end
Research results to keep in mind before any upside.
IPOs, 3 years38.5% of IPOs lost more than half in 3 years; 16.1% doubled, 0.5% grew 11× or more.
Jay Ritter, IPO statistics, Table 16e (9,195 IPOs 1975–2021), 23.03.2026
SPAC mergers−51% average 1-year return after a SPAC merger (2012–2024).
Ritter / Gahng–Ritter–Zhang, Table 15c (625 de-SPACs 2012–2024), 05.10.2026
Thematic ETFs−30% risk-adjusted over the first 5 years of specialised (thematic) ETFs.
Lottery stocks> 1% a month: how much “lottery” stocks (the biggest one-day jumps) underperform.
Where the gains come from4% of US stocks created all the net wealth since 1926.
Volatility drag≈ 46% a year is lost to volatility at 96% volatility: +40 % a year on average compounds to about −6 %.
standard approximation: geometric mean ≈ arithmetic mean − σ²/2 (our arithmetic)
Quantum computingAI infrastructure and chipsNuclear power and small reactorsSpaceCrypto equities and bitcoin productsGenomics and biotech platforms
Source: Nasdaq historical closes 15.10.2021–14.10.2026; stockanalysis.com fundamentals 15.10.2026; justETF profiles and quotes 15.10.2026 · Research data of 2026-10-15 · Methodology and sources
여기서 계약 해지 · EU 소비자: 구매 후 14일 이내 취소 가능.