Investing in artificial intelligence (AI) has become a hot trend for tech-savvy investors looking to diversify their portfolios this summer. With AI technology rapidly advancing and transforming various industries, investing in AI ETFs has become a popular choice for those seeking exposure to this innovative sector.
One top AI ETF to consider is the ARK Autonomous Technology & Robotics ETF (ARKQ), managed by ARK Invest, a renowned investment firm specializing in disruptive technologies. This ETF focuses on companies utilizing autonomous technologies and AI for automation purposes, providing investors with exposure to a diverse range of AI sectors on a global scale.
Another notable AI ETF is the Global X Robotics & Artificial Intelligence ETF (BOTZ), which tracks the Indxx Global Robotics & Artificial Intelligence Thematic Index. This ETF includes companies involved in robotics and AI technologies, offering investors access to businesses across the manufacturing, software development, and end-user sectors.
The iShares Robotics and Artificial Intelligence ETF (IRBO) tracks the FactSet Robotics and Artificial Intelligence Index, highlighting companies leading in robotics and AI technologies. Investors can benefit from exposure to companies involved in automation, machine learning, and cognitive computing.
Additionally, the First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT) and the WisdomTree Artificial Intelligence ETF (AIQ) provide investors with opportunities to invest in companies at the forefront of AI innovation. These ETFs offer exposure to companies engaged in AI research, development, and application, allowing investors to capitalize on the growth of automation and intelligence technologies.
For those interested in a broader scope of investments, the Amplify Transformational Data Sharing ETF (BLOK) focuses on disruptive technologies such as AI, blockchain, and cybersecurity. This ETF invests in companies benefiting from the various applications of AI across different sectors, providing investors with a unique opportunity to capitalize on the transformative capabilities of AI technology.