When artificial intelligence (AI) thematic exchange-traded funds (ETFs) first launched, they were mostly passively managed, index-based products.
These funds tracked either an external benchmark or an internally developed index that mechanically identified AI-linked stocks and assigned weights. The result was a transparent, rules-based way to capture the industry’s growth, but left little discretion to portfolio managers or analysts.
However, investor demand for AI-focused solutions has since fueled rapid expansion in the ETF niche. Today, according to ETF Central’s screening tool, there are a total of 24 ETFs in the segment.
Here are six of the best AI ETFs to buy now.
This post originally appeared at U.S. News & World Report.