Page 27 - Investment Advisor July/August 2023

autonomous vehicles, energy storage, 3D learning databases; or that design, make robo Global Artificial Intelligence
printing and space exploration,” accord- or integrate AI or robotics products, eTF (THnQ)
ing to Ark Investment Management. The software or systems, or provide value- • AUM: $44.5 million
ETF has little overlap with traditional added services in the AI or robotics • Expense ratio: 0.680%
indexes and can complement value and ecosystem that aren’t core to their busi- • Inception date: 5/11/2020
growth strategies, the firm says. nesses, a firm fact sheet notes. • Performance (YTD): 37.47%
Every stock in the index must have at • Top 10 holdings: NvIDIA, MongoDB,
ishares robotics and Artificial least a $250 million market capitalization. Advanced Micro Devices, pure storage,
Intelligence Multisector eTF (IrBo) Amazon, Alphabet, shopify, Microsoft,
• AUM: $402.8 million Global x Artificial Intelligence & samsara, global unichip
• Expense ratio: 0.470% Technology eTF (AIQ)
• Inception date: 6/26/2018 • AUM: $299 million THNQ seeks to track the perfor-
• Performance (YTD): 29.69% • Expense ratio: 0.680% mance of the ROBO global Artificial
• Top 10 holdings: Microvision, NvIDIA, • Inception date: 5/11/2018 Intelligence Index.
Meta, spotify, Meitu, global unichip, • Performance (YTD): 38% The ETF invests globally in companies
Hubspot, Alchip, Hello, Advanced • Top 10 holdings: NvIDIA, Meta, Tesla, developing AI-enabling technology and
Micro Devices Microsoft, salesforce, Oracle, Adobe, infrastructure, including computing, data
Apple, Amazon, Alphabet and cloud services, and in those apply-
IRBO seeks to track the NysE ing AI to business processes in e-com-
Factset global Robotics and Artificial AIQ aims to provide results correspond- merce, health care and other industries,
Intelligence Index, which comprises ing to the Indxx Artificial Intelligence the firm says.
“developed and emerging market com- & Big Data Index. The fund focuses on
panies that could benefit from the long- companies that potentially stand to Trueshares Technology, AI and Deep
term growth and innovation in robotics benefit from the development and use Learning eTF (LrnZ)
technologies and artificial intelligence,” of AI technology in their products and • AUM: $26.8 million
BlackRock’s ishares says. services, and those providing hardware • Expense ratio: 0.690%
that supports use of AI for analyzing big • Inception date: 2/28/2020
First Trust nasdaq Artificial data, global X says. • Performance (YTD): 41.28%
Intelligence and robotics eTF (roBT) • Top 10 holdings: samsara, NvIDIA,
• AUM: $355.7 million WisdomTree Artificial Intelligence snowflake, Advanced Micro Devices,
• Expense ratio: 0.650% and Innovation Fund (WTAI) schrodinger, First American Treasury
• Inception date: 2/21/2018 • AUM: $76.1 million Obligations Fund, Crowdstrike,
• Performance (YTD): 29.64 % • Expense ratio: 0.450% Mobileye global, Datadog, Zscaler
• Top 10 holdings: C3.ai, pKsHA • Inception date: 12/7/2021
Technology, BlackBerry, Appian, • Performance (YTD): 38.31% lRNZ is an active ETF offering a concen-
serviceNow, palo Alto Networks, • Top 10 holdings: NvIDIA, Advanced trated portfolio of technology companies
Cadence Design systems, synopsis, Micro Devices, Cerence, AIchip “significantly involved in the application
Elbit, Dynatrace Technologies, sTMicroelectronics, of advanced levels of artificial intelligence
synopsis, Taiwan semiconductor within their businesses,” Trueshares says.
ROBT seeks to track the Nasdaq CTA Manufacturing, Infineon Technologies, It holds positions in companies the
Artificial Intelligence and Robotics Meta, Cadence Design systems firm believes “possess innovative AI and
Index, an equity index focused on deep learning solutions that represent
companies involved in AI, robotics and WTAI is designed to track the a distinct competitive advantage in a
automation as decided by the Consumer WisdomTree Artificial Intelligence & particular industry,” and its focus on
Technology Association. Innovation Index, a global equity index, growth companies dampens correlation
This includes companies that develop and aims to provide investors access to to broad market indexes, the firm says.
the building block components of robot- the “AI megatrend” through companies Its benchmark is the Nasdaq Total
ics or AI, including semiconductors, involved in an array of technologies Return index, according to Morningstar
autonomous vehicles and machine and applications. Direct.

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