7 High-Potential AI ETFs to Invest in for Profitable Returns in 2021: A Comprehensive Guide
As the chief editor of Mindburst.ai, I am always on the lookout for ways to help our readers capitalize on the latest trends in artificial intelligence. And right now, AI is booming like never before. From self-driving cars to virtual assistants to smart homes, AI is everywhere. And with the global AI market expected to reach $733.7 billion by 2027, according to Fortune Business Insights, there's never been a better time to invest in AI.
That's where ETFs come in. ETFs, or exchange-traded funds, are a type of investment fund that trades on stock exchanges like a stock. And there are a number of ETFs that focus specifically on AI. So if you're looking to profit from the AI boom, here are seven AI ETFs to consider:
1. Global X Robotics & Artificial Intelligence ETF (BOTZ)
The Global X Robotics & Artificial Intelligence ETF focuses on companies that are involved in the production and development of robotics and AI technology. Some of its top holdings include NVIDIA, Intuitive Surgical, and iRobot. With a net expense ratio of 0.68%, this ETF is a solid choice for investors looking to capitalize on the robotics and AI sector.
2. iShares Robotics and Artificial Intelligence ETF (IRBO)
Similar to the BOTZ ETF, the iShares Robotics and Artificial Intelligence ETF invests in companies involved in the production and development of robotics and AI technology. It has holdings in companies like Fanuc, ABB, and Yaskawa Electric. With a net expense ratio of 0.47%, this ETF is a good choice for investors looking for exposure to the robotics and AI industry.
3. First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT)
The First Trust Nasdaq Artificial Intelligence and Robotics ETF invests in companies that are involved in the development and use of AI and robotics. Its top holdings include NVIDIA, Amazon, and Alphabet. With a net expense ratio of 0.65%, this ETF is a solid choice for investors looking to invest in the AI and robotics sectors.
4. WisdomTree Artificial Intelligence ETF (AIQ)
The WisdomTree Artificial Intelligence ETF invests in companies that are involved in the development and use of AI. It has holdings in companies like Microsoft, Alphabet, and IBM. With a net expense ratio of 0.48%, this ETF is a good choice for investors looking to invest in the AI industry.
5. Invesco QQQ ETF (QQQ)
While not specifically focused on AI, the Invesco QQQ ETF has significant holdings in companies that are involved in AI technology, like Apple, Amazon, and Google. With a net expense ratio of 0.20%, this ETF is a good choice for investors looking for exposure to a wide range of technology companies, including those involved in AI.
6. ARK Innovation ETF (ARKK)
The ARK Innovation ETF invests in companies involved in the development and use of disruptive technologies, including AI. Its top holdings include Tesla, Square, and Roku. With a net expense ratio of 0.75%, this ETF is a good choice for investors looking to invest in disruptive technologies, including AI.
7. VanEck Vectors Semiconductor ETF (SMH)
While not specifically focused on AI, the VanEck Vectors Semiconductor ETF invests in companies that are involved in the production and development of semiconductors, which are a critical component of AI technology. Its top holdings include Taiwan Semiconductor, Intel, and Qualcomm. With a net expense ratio of 0.35%, this ETF is a good choice for investors looking for exposure to the semiconductor industry, including companies involved in AI.
Investing in AI ETFs is a smart way to profit from the AI boom without having to pick individual stocks. And with so many AI ETFs to choose from, there's an option out there for every investor. So why not capitalize on this exciting trend and invest in AI today?
