A Wild Ride For This Artificial Intelligence ETF (NYSE:AIEQ)

Artificial intelligence has myriad applications and that includes some in the investment world. Some exchange traded funds are even backed by AI capabilities. The AI Powered Equity ETF (NYSE: AIEQ) is one of the original AI-powered ETFs. "The underlying fund investments in AIEQ are based on the results of proprietary quantitative models developed by Equbot with IBM Watson artificial intelligence," according to the issuer. Investment strategies rooted in technology, machine learning and related fare aren't new concepts, but simply leaving things to computers doesn't ensure guaranteed success in all market environments.