AI-Powered ETFs Are Betting Heavily on One Sector

Qraft Technologies’ Rice breaks down his firm’s three AI ETFs.

Artificial intelligence has taken the world by storm and the ETF industry is no exception.  

In this episode of Talk ETFs, Weldon Rice, Head of AI ETFs for Qraft Technologies sits down with etf.com senior analyst Sumit Roy to discuss his firm’s funds. 

How do these ETFs work and what are the AI models saying to do right now? 

There are two flavors of AI exchange-traded funds—those that hold stocks that benefit from the growth of artificial intelligence and those that utilize AI to pick and choose which stocks to buy.  

Qraft Technologies focuses on the latter. It currently has three AI ETFs listed in the U.S.: the QRAFT AI-Enhanced U.S. Large Cap ETF (QRFT), the QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM) and the LG QRAFT AI-Powered US Large Cap Core ETF (LQAI).