New ETF Unites AI, Drones, and Robotics

WisdomTree launched the Physical AI, Humanoids, and Drones Fund (WDRN) on May 14, combining three high-growth themes under one ETF. The fund tracks a proprietary index scoring companies by physical AI relevance, with Tesla and Nvidia comprising over 11% of holdings. It charges 0.45% annually. The ETF targets explosive market opportunities, including humanoid robotics projected to grow from $6.24 billion in 2026 to $165 billion by 2034, and military drones expected to reach up to $88 billion by 2030. Nearly half the portfolio is allocated to industrial equities, reflecting the drone sector's weight.