These 12 AI-Focused ETFs Are Up +50%, On Average, YTD
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If you want to get portfolio exposure to AI companies but don't want to research and choose individual stocks on your own, then consider investing in an AI-focused ETF that provides exposure to a broad range of the best AI companies. This article presents 12 ETFs that do just that.
According to Grand View Research the AI industry is expected to surge from about $197 billion in 2023 to $1.8 trillion by 2030, representing a compound annual growth rate of 37% - but what is the best way to chose that growth?
- invest in individual AI stocks OR
- invest in the best ETFs in the broader tech sector that have some AI exposure OR
- invest in robotics and AI ETFs OR, better yet,
- invest semiconductor/AI ETFs.
This article presents 12 ETFs that concentrate on semiconductor/AI ETFs for your review, ranked in descending order of performance as of the end of July (designated as YTD below), as follows:
-
VanEck Semiconductor ETF (SMH): +58.3% YTD
- invests in companies involved in semiconductor production and equipment.
- has a portfolio of 26 stocks
- is passively managed
- has expenses of 0.35%
- iShares Semiconductor ETF (SOXX): +53.8% YTD
- invests in stocks of companies operating across information technology, semiconductors and semiconductor equipment sectors
- has a portfolio of 30 stocks
- is passively managed
- has expenses of 0.35%
- Strive U.S. Semiconductor ETF (SHOC): +53.2%
- offers concentrated exposure to the U.S. semiconductor sector
- has a portfolio of 32 stocks
- is passively managed
- has expenses of 0.40%
- Invesco PHLX Semiconductor ETF (SOXQ): +52.9% YTD
- provides exposure to the largest US-listed companies involved in the design, distribution, manufacturing and sale of semiconductors
- has a portfolio of 30 stocks
- is passively managed
- has expenses of 0.19%
- ROBO Global Artificial Intelligence ETF (THNQ): +48.7% YTD
- focuses on stocks that are developing the technology and infrastructure enabling AI, such as computing, data and cloud-services, as well as companies that apply AI in various verticals
- has a portfolio of 70 stocks
- is passively managed
- has expenses of 0.68%
- Invesco Dynamic Semiconductors ETF (PSI): +48.6% YTD
- invests in stocks of companies operating across information technology, semiconductors and semiconductor equipment sectors
- has a portfolio of 32 stocks
- is passively managed
- has expenses of 0.55%
- Global X Artificial Intelligence & Technology ETF (AIQ): 46.8% YTD
- invests in both companies that are developing AI products and services, as well as companies responsible for hardware that helps facilitate artificial intelligence for big data uses.
- has portfolio of 90 stocks
- is actively managed
- has expenses of 0.68%, or $68 annually for every $10,000 invested
- TrueMark Technology, AI & Deep Learning ETF (LRNZ): +46.7% YTD
- provides exposure to technology companies that are significantly involved in the application of advanced levels of artificial intelligence within their businesses
- has a portfolio of 22 stocks
- is actively managed
- has expenses of 0.69%
- First Trust Nasdaq Semiconductor ETF (FTXL): +46.5 YTD%
- invests in stocks of companies operating across information technology, semiconductors and semiconductor equipment sectors
- has a portfolio of 32 stocks
- is passively managed
- has expenses of 0.60%
- Columbia Seligman Semiconductor and Technology ETF (SEMI): +43.8%
- invests in stocks of companies operating across semiconductors and semiconductor equipment, communication equipment, electronic equipment, instruments and components, technology hardware, storage and peripherals, and software sectors
- has a portfolio of 40 stocks
- is actively managed
- has expenses of 0.75%
- Wisdom Tree Artificial Intelligence and Innovation Fund ETF (WTAI): +43.0% YTD
- provides exposure to companies focusing on AI and innovation technologies that generate at least 50% of their revenue from such activities
- has a portfolio of 80 stocks
- is passively managed
- has expenses of 0.45%
- State Street SPDR S&P Semiconductor ETF (XSD): +41.9% YTD
- invests in stocks of companies operating across information technology, semiconductors and semiconductor equipment sectors
- has a portfolio of 39 stocks
- is passively managed
- has expenses of 0.35%
Average Increase In July: 5.1%; Since the End of April: 32.3%; YTD: 50.1%
Honorable Mention
- Franklin Intelligent Machines ETF (IQM): +37.4% YTD
- invests in companies operating across information technology, software and services, software, systems software, automation products and services, software research and artificial intelligence software sectors
- has a portfolio of 58 stocks
- is passively managed
- has expenses of 0.50%
- Defiance Quantum Computing ETF (QTUM): +35.2% YTD
- invests in companies involved in research, development, and commercialization of quantum computing systems and materials.
- has a portfolio of 72 stocks
- is passively managed
- has expenses of 0.40%
- Roundhill Generative AI & Technology ETF (CHAT): Launched on May 18/23
- invests in companies that are positioned in generative AI and related technologies and derive at least 50% of their revenue from such industries
- has a portfolio of 36 stocks
- is actively managed
- has expenses of 0.75%
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Disclosure: None
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