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 23 ETFs traded in the U.S. markets, Artificial Intelligence ETFs gather total assets under management of $4.88B. The average expense ratio is 0.67%. Artificial Intelligence ETFs can be found in the following asset classes:
- Asset Allocation
The largest Artificial Intelligence ETF is the Global X Robotics & Artificial Intelligence ETF BOTZ with $1.52B in assets. In the last trailing year, the best performing Artificial Intelligence ETF was the IETC at 40.99%. The most-recent ETF launched in the Artificial Intelligence space was the Merlyn.AI Bull-Rider Bear-Fighter ETF WIZ in 10/16/19.