The AI Fund That Appears To Be Failing

Strategist • May 21, 2023 at 11:33 AM EDT

If the AI-Powered Equity ETF (AIEQ) were a stock we'd call it a microcap. Assets are low, turnover is high, volume is low and holdings are ... odd.

AIEQ uses IBM’s Watson machine learning capability to pick stocks. While some bullish periods benefit the approach, the bearish seem to hurt.

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Disclaimer:

These illustrations are not a solicitation to buy or sell any ETF.

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