artificial intelligence etf
Why to Bet on Artificial Intelligence ETFs With a Long-Term View
Robots and artificial intelligence (AI) are increasingly gaining precedence in our daily life. The pandemic-driven stay-at-home trend made it more important as we have become more dependent on the technology. The growing accessibility and falling costs are also making the space more demanding and lucrative. The global robotics technology market size was valued at $62.75 billion in 2019, and is projected to reach $189.36 billion by 2027, at a CAGR of 13.5%, per Allied Market Research. No wonder, AI-related investing tools like Global X Artificial Intelligence & Technology ETF (AIQ Quick QuoteAIQ - Free Report), ROBO Global Robotics & Automation ETF (ROBO Quick QuoteROBO - Free Report), iShares Robotics and Artificial (IRBO Quick QuoteIRBO - Free Report) and First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT Quick QuoteROBT - Free Report) are hot bets now.
- North America (0.05)
- Asia > China (0.05)
Why to Bet on Artificial Intelligence ETFs With a Long-Term View
Robots and artificial intelligence (AI) are increasingly gaining precedence in our daily life. The pandemic-driven stay-at-home trend made it more important as we have become more dependent on the technology. The growing accessibility and falling costs are also making the space more demanding and lucrative. The global robotics technology market size was valued at $62.75 billion in 2019, and is projected to reach $189.36 billion by 2027, at a CAGR of 13.5%, per Allied Market Research. No wonder, AI-related investing tools like Global X Artificial Intelligence & Technology ETF AIQ, ROBO Global Robotics & Automation ETF ROBO, iShares Robotics and Artificial IRBO and First Trust Nasdaq Artificial Intelligence and Robotics ETF ROBT are hot bets now.
- North America (0.05)
- Asia > China (0.05)
4 Artificial Intelligence ETFs to Buy Now I Make Investing in AI Simple
Don't get bogged down in searching for individual stocks to capitalize on and focus instead on these four artificial intelligence ETFs to buy now. As an investor, you try to find the best bang for your buck. But you don't have hours every day to do specific sector research and locate companies that check off all the important markers for being a good "buy." A way you can capitalize on an entire sector without the pain of pouring over tons of research and charts is investing in exchange-traded funds. ETFs are automatically diversified by holding numerous companies in specific sectors.
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.
Look Out World, Your Artificial Intelligence ETF Is on the Way
The artificial intelligence ETF is going global. The AI Powered International Equity ETF, ticker AIIQ, debuted Wednesday, according to a statement from its creator, EquBot. The exchange-traded fund is the first to use AI technology to pick stocks from developed markets outside of the U.S. It arrives about eight months after San Francisco-based EquBot's first product, the AI Powered Equity ETF, ticker AIEQ, which has gathered almost $140 million in assets. The same software that underpins AIEQ's stock selection system and runs on International Business Machines Corp.'s Watson platform will drive AIIQ. The ETF will create a portfolio of between 80 and 250 stocks -- choosing from more than 15,000 companies across the globe.
- North America > United States > California > San Francisco County > San Francisco (0.27)
- Europe > Spain (0.07)
- Europe > Italy (0.07)
The artificial intelligence ETF is one of the most popular fund launches of 2017
One of the most notable success stories on Wall Street in 2017 isn't exactly a human-interest story. The AI Powered Equity ETF AIEQ, -0.31% an exchange-traded fund that uses artificial intelligence technology to select the stocks it holds, has emerged as one of the most successful new funds of the year, proving so popular with investors that it has stunned its own (human) creators. "We were absolutely surprised by the degree of interest," said Art Amador, co-founder of EquBot LLC, which sponsored the fund. "We launched with $2.5 million in assets and were hoping to get to $40 million by the end of the year. Instead, we got that within the first week and now we're north of $70 million.
The artificial intelligence ETF is one of the most popular fund launches of 2017
One of the most notable success stories on Wall Street in 2017 isn't exactly a human-interest story. The AI Powered Equity ETF AIEQ, -0.31% an exchange-traded fund that uses artificial intelligence technology to select the stocks it holds, has emerged as one of the most successful new funds of the year, proving so popular with investors that it has stunned its own (human) creators. "We were absolutely surprised by the degree of interest," said Art Amador, co-founder of EquBot LLC, which sponsored the fund. "We launched with $2.5 million in assets and were hoping to get to $40 million by the end of the year. Instead, we got that within the first week and now we're north of $70 million.
The artificial intelligence ETF is one of the most popular fund launches of 2017
One of the most notable success stories on Wall Street in 2017 isn't exactly a human-interest story. The AI Powered Equity ETF AIEQ, -0.31% an exchange-traded fund that uses artificial intelligence technology to select the stocks it holds, has emerged as one of the most successful new funds of the year, proving so popular with investors that it has stunned its own (human) creators. "We were absolutely surprised by the degree of interest," said Art Amador, co-founder of EquBot LLC, which sponsored the fund. "We launched with $2.5 million in assets and were hoping to get to $40 million by the end of the year. Instead, we got that within the first week and now we're north of $70 million.
The artificial intelligence ETF is one of the most popular fund launches of 2017
One of the most notable success stories on Wall Street in 2017 isn't exactly a human-interest story. The AI Powered Equity ETF AIEQ, -0.31% an exchange-traded fund that uses artificial intelligence technology to select the stocks it holds, has emerged as one of the most successful new funds of the year, proving so popular with investors that it has stunned its own (human) creators. "We were absolutely surprised by the degree of interest," said Art Amador, co-founder of EquBot LLC, which sponsored the fund. "We launched with $2.5 million in assets and were hoping to get to $40 million by the end of the year. Instead, we got that within the first week and now we're north of $70 million.