A surge in artificial intelligence is fueling a stock market rally, and several ETFs on the market could give investors exposure to this boom. The current beneficiaries of AI are concentrated in a handful of major tech stocks, including chip maker Nvidia, which surged Thursday after big earnings, and Microsoft and Alphabet, which developed chatbot products. As a result, there are no major ETFs of his that could be considered investing purely in this particular business, but there are several funds that offer investors his AI chat and search, along with related growth areas such as robotics. I have. All six funds listed below hold more than his $100 million in assets and have outperformed the S&P 500 year-to-date. There is no widely accepted index for AI stocks, so investors should take the time to delve into the fund’s holdings to see how they differ from their competitors. Nvidia, for example, is the second-largest holding in the Global X Robotics & Artificial Intelligence ETF (BOTZ), which entered Wednesday and has returned more than 27% year-to-date. Meanwhile, in the ARK Autonomous Technology & Robotics ETF (ARKQ), Nvidia occupies his ninth spot, with a fourfold stake in Tesla as of Wednesday’s close. The fund is up about 17% year-to-date. In line with this trend, more AI ETFs may hit the market in the coming months. Smaller new funds include the Roundhill Generative AI & Technology ETF (CHAT), which launched last week, and the VanEck Robotics ETF (IBOT), which launched in April. Another strategy for investors might be to look for actively managed growth funds looking for ways to embark on the AI boom. The Nuveen Growth Opportunities ETF (NUGO), for example, is up more than 17% this year, and its top three holdings include Microsoft and his Nvidia. The fund’s expense ratio is 0.55%. One thing investors should consider when considering adding AI exposure is that their portfolios may already include many well-known companies through core index funds. To bet on AI without doubling down on megacap technology, investors can also look for other thematic strategies that could benefit from new technology. Jay Jacobs, U.S. head of BlackRock’s Thematic and Active Equity ETFs, told CNBC earlier this year that genomics and cybersecurity are two areas AI could boost. .
