Artificial Intelligence ETFs provide exposure to companies involved in the development and production of robots or artificial intelligence. The field applications range from the development of robots and drones to predictive analytics software. Investors should expect heavy tilts to industrials and technology stocks.
With 28 ETFs traded on the U.S. markets, Artificial Intelligence ETFs have total assets under management of $9.32B. The average expense ratio is 0.68%. Artificial Intelligence ETFs can be found in the following asset classes:
- Asset Allocation
The largest Artificial Intelligence ETF is the ARK Autonomous Technology & Robotics ETF ARKQ with $2.76B in assets. In the last trailing year, the best-performing Artificial Intelligence ETF was ARKQ at 127.34%. The most recent ETF launched in the Artificial Intelligence space was the Merlyn.AI Best-of-Breed Core Momentum ETF BOB on 01/13/21.