Top Artificial Intelligence ETFs Available on the Stock Exchange

Status
Not open for further replies.

Tatiana

New Member
Rookie
Aug 8, 2023
7
2
2
Investing in the stock Market on artificial intelligence can be done through exchange-traded funds (ETFs). These funds aim to replicate the performance and return of the AI sector. There are both passive ETFs that follow an index related to AI and actively managed funds where a fund manager selects and manages a portfolio of AI-related securities.

Forbes Advisor suggests several AI ETFs for 2023, including Xtrackers Artificial Intelligence and Big Data UCITS ETF 1Cm, iShares Automation & Robotics UCITS ETF, Invesco EQQQ Nasdaq-100 UCITS ETF, and Amundi MSCI Robotics & AI ESG Screened UCITS ETF. JustETF also recommends WisdomTree Artificial Intelligence UCITS ETF USD and L&G Artificial Intelligence UCITS ETF.

When choosing an ETF, investors should consider technical data such as volume of assets under management, number of holdings, annual management costs, performance, and volatility. ETFs on AI may not necessarily outperform general stock market or tech market ETFs.

The AI market is experiencing significant growth potential. McKinsey Analysis shows that over 50% of companies now claim to use AI, compared to 20% in 2017. Demand for AI services is expected to reach $2 trillion by 2030. However, the AI sector is highly innovative, requiring frequent portfolio updates due to rapid changes and competition.

AI indexes do not focus solely on AI sector performance as AI technology often operates in conjunction with other sectors like big data and robotics. Interactions between these sectors are inseparable.

There are different types of AI funds. Some focus on companies primarily involved in AI, while others include established companies like Microsoft and NVIDIA that invest heavily in AI. Speculative funds offer higher potential gains but also higher levels of risk. Some funds focus on companies that use AI without developing the technology themselves.

Advisors suggest considering markets that benefit from AI rather than exclusively investing in AI ETFs. AI has promising applications in traditional sectors like healthcare and industry.

Lastly, ETFs on AI tend to have a preponderance of U.S. equity..

”ai-forums”


#ETFs #artificial #intelligence #listed #stock #exchange
 
Status
Not open for further replies.

Similar Topics