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 22 ETFs traded in the U.S. markets, Artificial Intelligence ETFs gather total assets under management of $4.26B. The average expense ratio is 0.67%. Artificial Intelligence ETFs can be found in the following asset classes:
- Equity
- Alternatives
The largest Artificial Intelligence ETF is the Global X Robotics & Artificial Intelligence ETF BOTZ with $1.50B in assets. In the last trailing year, the best performing Artificial Intelligence ETF was the IECS at 16.21%. The most-recent ETF launched in the Artificial Intelligence space was the QRAFT AI-Enhanced U.S. Large Cap Momentum ETF AMOM in 05/21/19.