After wagering billions on the metaverse, Meta Platforms Inc. (ticker: META) has now pivoted to make artificial intelligence (AI) its primary strategic focus.
Instead of betting solely on Meta’s success in a hyper-competitive, highly regulated industry, investors may want to cast a wider net through a dedicated AI-focused exchange-traded fund (ETF).
“We’re in the early stages of the AI cycle, and proper diversification is extremely important – be it across company stages or geographies – because it’s difficult to pick a winner or two this early,” says Tejas Dessai, director of thematic research at Global X ETFs. “With a thematic ETF, you’re following an idea as opposed to a complex strategy.”
Here are six of the best AI ETFs to buy now.
This post originally appeared at U.S. News & World Report.