PBOT: Pictet AI & Automation ETF
What this ETF is trying to do
The Pictet AI & Automation ETF (PBOT) focuses on companies involved in artificial intelligence and automation. It holds a variety of stocks in this sector to give investors exposure to these technologies.
What the numbers show
As of October 5, 2026, the share price of PBOT was $36.13.
Looking at the performance so far this year (Year-to-Date), the ETF has seen a price return of approximately 43.39%. The total return for the same period is also 43.39%. Price return measures how much the share price moved, while total return includes the price movement plus any distributions.
Data for one-year and three-year returns was not supplied.
Top Holdings
The ETF holds 51 different assets. Because the list is partial, we only see the Top Holdings. As of October 7, 2026, the largest holdings included:
• Alphabet Inc Class A: 5.2%
• Taiwan Semiconductor Manufacturing Co Ltd ADR: 5.08%
• Snowflake Inc Ordinary Shares: 4.65%
• Broadcom Inc: 4.48%
• Palo Alto Networks Inc: 4.25%
• Applied Materials Inc: 4.06%
• NVIDIA Corp: 3.99%
• CrowdStrike Holdings Inc Class A: 3.96%
• Cloudflare Inc: 3.54%
• Samsung Electronics Co Ltd: 3.21%
Holdings can change over time.
Income and distribution explanation
This ETF has a distribution yield of approximately 0.07%. In the last 12 months, it has made one payout. The distribution frequency is described as irregular or less frequent.
It is important for new investors to know that a distribution yield is not the same as a total return. While distributions provide cash income, they do not guarantee that the original investment (the principal) will stay the same or grow.
NAV Erosion Explanation
"NAV erosion" happens when the net asset value of a fund declines over time. This is a risk for income investors because they want their principal to remain stable.
For PBOT, the severe erosion-risk flag is false. However, the erosion score is currently unavailable because there is not enough verified price history to calculate it.
Pros
• Strong year-to-date price and total returns of 43.39%.
• Exposure to well-known AI and automation companies.
Cons
• Very low distribution yield (0.07%).
• Irregular payout schedule.
• Insufficient price history to provide a long-term erosion score.
Beginner takeaway
PBOT is an ETF for those interested in AI and automation. While it has shown strong growth so far this year, it provides very little cash income. Investors should remember that a high yield in any fund can be misleading if the share price is falling, though that is not the case for PBOT's current year-to-date data.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | ALPHABET INC CLASS A | GOOGL | 5.20% |
| 2 | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD ADR | TSM | 5.08% |
| 3 | SNOWFLAKE INC ORDINARY SHARES | SNOW | 4.65% |
| 4 | BROADCOM INC | AVGO | 4.48% |
| 5 | PALO ALTO NETWORKS INC | PANW | 4.25% |
| 6 | APPLIED MATERIALS INC | AMAT | 4.06% |
| 7 | NVIDIA CORP | NVDA | 3.99% |
| 8 | CROWDSTRIKE HOLDINGS INC CLASS A | CRWD | 3.96% |
| 9 | CLOUDFLARE INC | NET | 3.54% |
| 10 | SAMSUNG ELECTRONICS CO LTD | n/a | 3.21% |