Top 10 Artificial Intelligence ETFs to Invest in 2021
Artificial Intelligence (AI) and the related technologies are rapidly changing many aspects of our lives, including finance. Investing in AI is a popular trend for many investors who believe in the potential of this technology. An investment in an AI exchange-traded fund (ETF) is a good way to invest in AI-related companies and technologies that are shaping the future of our world. In this article, we’ll go over the top 10 AI ETFs to invest in 2021.
1. Global X Robotics & Artificial Intelligence ETF (BOTZ)
BOTZ is an ETF that tracks the Indxx Global Robotics & Artificial Intelligence Thematic Index. This ETF invests in companies that are involved in robotics, automation, artificial intelligence, and related technologies. BOTZ has a diversified portfolio with top holdings in Nvidia, Intuitive Surgical, and Keyence. In 2021, BOTZ has seen impressive performance, with a 17% increase in the first quarter.
2. Robo Global Robotics and Automation ETF (ROBO)
ROBO is another popular AI ETF that tracks the ROBO Global Robotics and Automation Index. This ETF invests in companies that are involved in the global robotics and automation industry. Some of the top holdings of ROBO include Amazon, Tesla, and Alphabet. This ETF has seen a 15% increase in the first quarter of 2021.
3. iShares Robotics and Artificial Intelligence ETF (IRBO)
IRBO tracks the investment results of the FactSet Robotics and Artificial Intelligence Index. This ETF invests in companies all over the world that are involved in the robotics and AI industry. Some of the top holdings of this ETF include Omron, Yaskawa Electric, and Mitsubishi Electric. In the first quarter of 2021, IRBO saw a 9% increase in performance.
4. First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT)
ROBT is an ETF that tracks the performance of the Nasdaq CTA Artificial Intelligence and Robotics Index. This ETF invests in companies that are involved in the AI and robotics industry. Some of the top holdings of ROBT include Adobe, Autodesk, and Cisco Systems. ROBT has seen a 4% increase in the first quarter of 2021.
5. WisdomTree Artificial Intelligence ETF (AIQ)
AIQ tracks the investment results of the WisdomTree Artificial Intelligence Index. This ETF invests in companies that are involved in the AI industry. Some of the top holdings of AIQ include Alphabet, Veeva Systems, and Zendesk. AIQ has seen an impressive 29% increase in the first quarter of 2021.
6. VanEck Vectors Semiconductor ETF (SMH)
SMH is an ETF that focuses on companies in the semiconductor industry. This industry is crucial for AI technology, as semiconductors are used to create AI components and devices. SMH invests in companies such as Intel, Nvidia, and Taiwan Semiconductor Manufacturing. In the first quarter of 2021, SMH saw a 12% increase in performance.
7. Invesco QQQ Trust (QQQ)
QQQ is an ETF that tracks the Nasdaq 100 Index, which includes many large-cap technology companies such as Amazon, Apple, and Microsoft. Although QQQ is not an AI-specific ETF, many of the companies in the index are involved in the AI industry. In the first quarter of 2021, QQQ saw an impressive 8% increase in performance.
8. Global X Autonomous & Electric Vehicles ETF (DRIV)
DRIV tracks the performance of the Solactive Autonomous & Electric Vehicles Index. This ETF invests in companies that are involved in the production of electric and autonomous vehicles, which rely heavily on AI and related technologies. Some of the top holdings of DRIV include Tesla, NIO, and Alphabet. DRIV has seen a 15% increase in performance in the first quarter of 2021.
9. Fidelity MSCI Information Technology Index ETF (FTEC)
FTEC is an ETF that tracks the performance of the MSCI USA IMI Information Technology Index. This index includes many companies that are involved in the AI industry, such as Microsoft, Adobe, and Nvidia. Although FTEC is not an AI-specific ETF, it offers investors a diversified exposure to many companies in the industry. In the first quarter of 2021, FTEC saw a 7% increase in performance.
10. Amplify Transformational Data Sharing ETF (BLOK)
BLOK is an ETF that invests in companies that are involved in blockchain technology. Although blockchain is not directly related to AI, it has many potential applications in the field. Some of the top holdings of BLOK include Square, MicroStrategy, and Voyager Digital. In the first quarter of 2021, BLOK saw a 7% increase in performance.
Conclusion
AI-related technologies are rapidly changing many aspects of our lives, including finance. Investing in an AI ETF is a good way to invest in companies and technologies that are shaping the future of our world. The top 10 AI ETFs listed in this article are a good starting point for investors looking to get involved in this exciting and fast-growing industry. However, investors should always do their own research and consult with a financial advisor before making any investment decisions.