what etf for ai

The AI Global X ETF (AI) with an expense ratio of 0.65% invests in companies involved in artificial intelligence, machine learning, and robotics, with top holdings including Nvidia and Alphabet.

Oct 11, 2024 at 10:05 pm

AI ETFs: Unveiling the Top Investment Vehicles for Artificial Intelligence

Artificial Intelligence (AI) is rapidly transforming industries around the globe, creating a wealth of investment opportunities. Exchange-Traded Funds (ETFs) have emerged as a popular tool for investors seeking exposure to this dynamic sector. Here's a comprehensive guide to the top AI ETFs available:

1. Global X Artificial Intelligence & Technology ETF (AI)

• Expense Ratio: 0.65%
• Investment Objective: Tracks the performance of companies involved in AI, machine learning, and robotics.
• Top Holdings: Nvidia Corporation, Alphabet Inc., Microsoft Corporation, and Tencent Holdings Ltd.

2. ARK Autonomous Technology & Robotics ETF (ARKQ)

• Expense Ratio: 0.75%
• Investment Objective: Invests in companies developing and using autonomous technology, robotics, and artificial intelligence.
• Top Holdings: Tesla Inc., NVIDIA Corporation, ZoomInfo Technologies Inc., and Unity Software Inc.

3. iShares Robotics & Artificial Intelligence ETF (IRBO)

• Expense Ratio: 0.47%
• Investment Objective: Targets companies specializing in robotics, AI software, and AI hardware.
• Top Holdings: NVIDIA Corporation, Apple Inc., Samsung Electronics Co. Ltd., and Intel Corporation.

4. ROBO Global Robotics and Automation Index ETF (ROBO)

• Expense Ratio: 0.95%
• Investment Objective: Provides broad exposure to companies involved in robotics, automation, and AI.
• Top Holdings: iRobot Corporation, Intuitive Surgical Inc., FANUC Corporation, and ABB Ltd.

5. WisdomTree Artificial Intelligence & Innovation Fund (WTAI)

• Expense Ratio: 0.4%
• Investment Objective: Targets companies actively engaged in AI research and development.
• Top Holdings: Nvidia Corporation, Tesla Inc., Qualcomm Inc., and Amazon.com Inc.

6. L&G Artificial Intelligence UCITS ETF (GAIQ)

• Expense Ratio: 0.49%
• Investment Objective: Invests in companies that utilize AI in their products, services, or operations.
• Top Holdings: Microsoft Corporation, Alphabet Inc., Amazon.com Inc., and Meta Platforms Inc.

7. SPDR S&P Kensho Artificial Intelligence ETF (AIKI)

• Expense Ratio: 0.48%
• Investment Objective: Tracks an index of companies at the forefront of AI innovation.
• Top Holdings: NVIDIA Corporation, Alphabet Inc., Microsoft Corporation, and Tesla Inc.

8. First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT)

• Expense Ratio: 0.6%
• Investment Objective: Invests in Nasdaq-listed companies that develop or utilize AI and robotics technology.
• Top Holdings: NVIDIA Corporation, Tesla Inc., Intuitive Surgical Inc., and Zebra Technologies Corporation.

9. MicroSectors™ AI & Automation Index 3X Inverse Leveraged ETN (AIAZ)

• Expense Ratio: 1.05%
• Investment Objective: Provides leveraged inverse exposure to the AI & Automation Index tracking AI-related companies.
• Note: This ETN is designed for experienced investors and should be used with caution.

10. Cambria Global AI Fund (AIFI)

• Expense Ratio: 1.02%
• Investment Objective: Invests in global companies that have a significant AI presence.
• Top Holdings: Alphabet Inc., Nvidia Corporation, Microsoft Corporation, and Tencent Holdings Ltd.

Conclusion

AI ETFs offer investors a convenient and diversified way to participate in the growing AI industry. Each ETF has its unique investment strategy and top holdings, allowing investors to customize their exposure based on their individual goals and risk tolerance. By selecting the right AI ETF, investors can harness the potential of this transformative technology and navigate the ever-evolving market landscape.