FANUC
6954 · Tokyo
Industrial robots, CNC systems, and servo technology
Robot platforms
Weight 6.68%
Black Scarab Indices
Physical AI 15
Equal weight exposure to fifteen globally listed companies across robotics, motion, perception, control, and autonomous deployment.
- Symbol
- BSPI15
- Constituents
- 15
- Weighting
- Equal weight
- Rebalance
- Quarterly
- Return
- Price return
Performance
BSPI15, the S&P 500, and the Nasdaq Composite.
Rebased to 1,000 on October 1, 2026.
Latest market close
As of
October 7, 2026
BSPI15
1,003.87
+0.39% since launch
S&P 500
1,017.65
+1.77% since launch
Nasdaq
1,024.83
+2.48% since launch
Index level
The 15 companies
Current weights reflect the latest closing calculation and drift between quarterly equal weight reviews.
Yaskawa Electric
6506 · Tokyo
Industrial robots, servo motors, motion controllers, and drives
Robot platforms
Weight 6.87%
Estun Automation
002747 · Shenzhen
Industrial robots, motion control systems, and automation
Robot platforms
Weight 6.64%
Teradyne
TER · Nasdaq
Collaborative and autonomous mobile robots through Universal Robots and MiR
Robot platforms
Weight 6.58%
Nabtesco
6268 · Tokyo
Precision reduction gears for medium and large robot joints
Motion and actuation
Weight 6.69%
Inovance
300124 · Shenzhen
Servos, drives, controllers, robots, and integrated actuators
Motion and actuation
Weight 6.64%
Keyence
6861 · Tokyo
Industrial sensors, machine vision, and measurement systems
Perception and navigation
Weight 6.67%
Cognex
CGNX · Nasdaq
Machine vision, identification, and robotic guidance
Perception and navigation
Weight 6.53%
Ouster
OUST · NYSE
Lidar, cameras, sensor fusion, and perception software for autonomous machines
Perception and navigation
Weight 6.77%
Hesai
HSAI · Nasdaq
Lidar systems for autonomous vehicles, robots, and industrial equipment
Perception and navigation
Weight 6.67%
Rockwell Automation
ROK · NYSE
Industrial control, servo systems, networking, and integrated robotics
Control and edge compute
Weight 6.63%
Siemens
SIE · Xetra
Factory automation, motion control, industrial software, and edge systems
Control and edge compute
Weight 6.62%
NXP Semiconductors
NXPI · Nasdaq
Edge processors, sensing, networking, motor control, and drone electronics
Control and edge compute
Weight 6.53%
Daifuku
6383 · Tokyo
Automated material handling and deployment systems
Deployment and autonomy
Weight 6.69%
Hexagon
HEXA B · Stockholm
Positioning, sensor fusion, perception, and autonomous systems
Deployment and autonomy
Weight 6.78%
Across the stack
Five ways into
Physical AI
Fifteen constituents spanning five operating layers. Exposure weights shown at the equal weight reset.
Robot platforms
26.67%Motion and actuation
13.33%Perception and navigation
26.67%Control and edge compute
20%Deployment and autonomy
13.33%How the index works
01UniverseListed operating companies
Eligible companies must trade on a recognized exchange and provide observable daily closing prices and public financial reporting.
02RelevanceMaterial Physical AI exposure
A company must supply robot systems, motion, actuation, perception, navigation, control, edge compute, or deployment technology used in autonomous machines.
03QualityCommercial breadth
Selection favors established products, diversified customers, repeat deployments, and exposure that is not dependent on a single pilot program.
04ConstructionEqual weighting
Eligible companies are selected for their Physical AI exposure regardless of domicile. Constituents reset to equal weights at quarterly reviews.
Currency neutral price return
Local listing returns are combined using effective weights. Foreign exchange movements are excluded.
Quarterly reset
Reviews occur after the final trading day of March, June, September, and December.
Corporate action continuity
Splits, mergers, delistings, and other events are recorded with their effective dates.
Downloads
Current methodology and constituent data.
The Black Scarab Physical AI 15 is an editorial research index. It is not an investment fund, security, financial product, investment recommendation, or offer to buy or sell securities. Index values and constituents are published for informational purposes.