Introduction
Artificial Intelligence (AI) has come a long way since its inception and has grown into a significant technology trend across industries. AI is revolutionizing how businesses operate, and investors are keen on investing in the best AI companies that can deliver exponential growth. One of the easiest ways to invest in AI as an investor is through Exchange-Traded Funds (ETFs). ETFs provide investors with the opportunity to invest in a basket of companies that are driving the AI industry. In this blog post, we look at the Top 5 Artificial Intelligence ETFs to invest in for 2022 to help investors make informed investment decisions.
Top 5 Artificial Intelligence ETFs to Invest in for 2022
1. Global X Robotics & Artificial Intelligence ETF (BOTZ)
BOTZ is the most popular AI ETF, with over $4 billion in assets under management. The ETF invests in companies that are at the forefront of the robotics and AI industry. BOTZ investors enjoy exposure to companies across the world, which include players like NVIDIA, Intuitive Surgical, and Fanuc. The ETF has experienced significant growth in recent years, with returns exceeding 116% over the past five years.
2. iShares Robotics and Artificial Intelligence ETF (IRBO)
IRBO is another AI ETF that invests in companies that are involved in AI, including data analysis, machine learning, and robotics technology. The ETF provides diversified exposure to companies across the world, including those from Europe and Asia. Investors enjoy exposure to leading companies like Teradyne and their exposure to innovative industries such as healthcare research and autonomous driving.
3. Vanguard Information Technology ETF (VGT)
VGT is another ETF focused on tech stocks, including AI stocks. The ETF includes holdings in leading tech companies like Apple, Microsoft, and Alphabet, which have also diversified into AI over the years. VGT has a low expense ratio of 0.10% and has seen steady growth over the past five years, with returns exceeding 130% over that period.
4. First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT)
ROBT is an AI ETF that invests in firms that are developing innovative AI and robotics technology. The ETF includes companies from various industries such as industrials, healthcare, and consumer discretionary. ROBT investors enjoy exposure to leaders of the robotics industry, such as SoftBank and industrial automation leader ABB.
5. Global X Future Analytics Tech ETF (AIQ)
AIQ is a relatively new ETF that focuses on AI technologies that use data analytics for decision-making. This ETF invests in companies that leverage data analytics to offer innovative solutions in fields such as healthcare and financial services. Some of its top holdings include technology leaders such as Splunk and Palo Alto Networks. AIQ has been named one of the hottest ETFs to invest in for 2022, due to the growing demand for data processing and analysis.
Conclusion
As investors look to take advantage of AI technologies’ potential, ETFs offer an easy way to gain exposure to a diversified portfolio of companies across industries. The ETFs discussed above are some of the best AI ETFs to invest in for 2022, considering their excellent track record and reliable returns. Investors should consider the ETFs’ expense ratios and unique features to determine which AI ETF aligns with their financial goals and risk tolerance level. In all, investors can experience AI’s potential and exponential growth by investing in AI ETFs and expanding their portfolio.
