What are the top ETFs that invest in AI technology?
5/18/2024 11:55pm
The top ETFs that invest in AI technology are as follows:
1. **iShares Robotics and Artificial Intelligence Multisector ETF (IRBO)**: This ETF has an expense ratio of 0.47% and is managed by BlackRock. It provides exposure to a broad range of AI-related companies across various sectors[^4].
2. **Global X Robotics & Artificial Intelligence ETF (BOTZ)**: With an expense ratio of 0.68% and total assets of approximately $2.6 billion, this ETF tracks the Indxx Global Robotics & Artificial Intelligence Index. It has a strong focus on robotics and AI technology companies[^3][^4].
3. **Global X Artificial Intelligence & Technology ETF (AIQ)**: This ETF has an expense ratio of 0.75% and invests in companies that are involved in AI and technology. It includes both U.S. and international stocks[^4].
4. **First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT)**: With an expense ratio of 0.65%, it focuses on AI and robotics companies listed on the Nasdaq stock exchange[^4].
5. **WisdomTree Artificial Intelligence and Innovation Fund (WTAI)**: This ETF has an expense ratio of 0.88% and invests in companies that are involved in AI and innovation. It includes both developed and emerging market stocks[^4].
6. **Roundhill Generative AI & Technology ETF (CHAT)**: With an expense ratio of 0.60%, it focuses on companies that are involved in generative AI and technology. Generative AI, which includes chatbots like ChatGPT, is a rapidly growing area within the AI space[^4].
These ETFs provide investors with a diversified exposure to the AI technology sector, which is expected to experience significant growth in the coming years[^3].