Three of the Best AI ETFs to Buy Now
One of the best ways to gain maximum exposure to the unstoppable artificial intelligence boom is with an exchange-traded fund (ETF). Not only do they expose your portfolio to dozens of top AI names, but also these AI ETFs do so for far less cost.
Global X Robotics & Artificial Intelligence ETF (SYM: BOTZ)
With an expense ratio of 0.68%, Global X Robotics & Artificial Intelligence ETF (BOTZ) invests in companies that can benefit from increased adoption of robotics and artificial intelligence (AI). Those include industrial robotics and automation, non-industrial robots and autonomous vehicles, according to Global X.
ROBO Global Artificial Intelligence ETF (SYM: THNQ)
ROBO Global Artificial Intelligence ETF (THNQ) invests in companies developing the technology and infrastructure enabling AI. Those include computing, data and cloud services, as well as companies that apply AI in various verticals, from business processes to e-commerce and healthcare.
With an expense ratio of 0.75%, THNQ offers exposure to Nvidia, Microsoft, Palo Alto Networks, Cloudflare, Rapid7 and 53 other holdings.
First Trust NASDAQ AI and Robotics ETF (SYM: ROBT)
With an expense ratio of 0.65%, First Trust NASDAQ AI and Robotics ETF (ROBT) tracks companies engaged in robotics, AI and automation.
To be included in the ETF, a company must be considered as an enabler. This would be a company that develops the building block components for robotics or AI. These parts could include advanced machinery, autonomous systems/self-driving vehicles, semiconductors and databases used for machine learning (ML).
