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Top AI ETFs to Consider for Your Investment Portfolio

Investors are advised to consider the trend of AI in the stock market. Top AI ETFs such as Invesco QQQ offer exposure to leading AI companies, which may positively influence stock performance.

Date: 
AI Rating:   7

Current Market Trend
Artificial intelligence is a dominant trend impacting the stock market and presents opportunities for investors. The report suggests considering exchange-traded funds (ETFs) for exposure to AI stocks instead of individual stocks, which can pose selection challenges.

Highlighted AI ETFs
The report discusses five AI ETFs that are recommended for serious consideration:

  • Invesco QQQ ETF (NASDAQ: QQQ): Though not strictly an AI ETF, it tracks the Nasdaq-100 index and offers exposure to major AI players like Apple, Nvidia, and Microsoft. This broad exposure can potentially provide stable returns.
  • iShares Future AI & Tech ETF (NYSEMKT: ARTY): With a total of 50 stocks, this ETF focuses on AI for a competitive expense ratio. Key holdings include Broadcom and Nvidia.
  • Invesco AI and Next Gen Software ETF (NYSEMKT: IGPT): One of the oldest in the sector, it boasts an impressive 12.7% annualized return, surpassing the S&P 500.
  • GlobalX Artificial Intelligence & Tech ETF (NASDAQ: AIQ): Notably diverse, this ETF holds 84 stocks, focusing more broadly on AI rather than just top-heavy well-known companies.
  • ARK Autonomous Technology & Robotics ETF (NYSEMKT: ARKQ): Actively managed and focused on outperforming on investment strategy, it features stocks such as Tesla and lesser-known firms.

Investment Implications
If investors are seeking growth potential linked to artificial intelligence, these ETFs could be an appropriate selection. The performance of companies like Nvidia and other tech stocks highlighted within these funds may positively affect overall market sentiment and investor confidence.