[Kunjal]

Hello: Is there an AI focused mutual fund or ETF preferably on fidelity platform. I know most of the companies are covered in the S&P 500.

But I wanted more exposure towards AI.

Any comments or feedback appreciated.

Thanks!!

[Prasad]

Highly discourage you from taking such concentrated sector/industry bets. Just invest in broad based ETFs and give it at least a decade to grow.

If you really want to do this, set entry and exit points.

It’s very important to cut your losses with such speculations.

[Rick]

If an etf of any size, meaning not $2m assets launched last month, it is likely available on most platforms including fidelity.

[Ron]

“Yes, there are several ETFs (Exchange-Traded Funds) that focus on companies involved in artificial intelligence. Here are some notable options:

1. Global X Artificial Intelligence & Technology ETF (AIQ)
– Tracks companies involved in AI development and implementation
– Includes both tech giants and smaller innovative AI companies

2. ARK Innovation ETF (ARKK)
– While not exclusively AI-focused, it has significant exposure to AI-related companies

– Managed by Cathie Wood and known for investing in disruptive technologies

3. iShares Robotics and Artificial Intelligence ETF (IRBO)
– Specifically targets companies in robotics and AI technologies
– Provides broad exposure to the AI ecosystem

4. ROBO Global Robotics & Automation Index ETF (ROBO)
– Focuses on robotics, automation, and AI technologies

– Includes both established companies and emerging innovators

5. Nasdaq-100 Technology Sector Index Fund (QQQ)
– While not exclusively AI-focused, it includes many major tech companies heavily invested in AI

– Includes companies like NVIDIA, Microsoft, and Alphabet (Google)”

[Author]

Posts