AIEQ

Amplify AI Powered Equity ETF

$44.53

+0.00%

Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The Amplify AI Powered Equity ETF (AIEQ) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the EQM Tactical Growth Index.

Overview

ETF tracking Amplify AI Powered Equity ETF

Category Utilities

Issuer Other

Inception Date 2024-01-29

Market Cap $116.9M

Average Volume N/A

Dividend Yield 0.03%

52-Week Range $32.21 - $46.43

VWAP $44.46

Performance

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Investment Summary

📎 Investment Objective

The Amplify AI Powered Equity ETF (AIEQ) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the EQM Tactical Growth Index.

🎯 Investment Strategy

The fund uses a proprietary artificial intelligence (AI) stock selection model to identify U.S. equity securities for investment. The model analyzes large amounts of data to identify potential investment opportunities.

✨ Key Features

Utilizes AI-powered stock selection model to identify potential investments
Focuses on U.S. equities across all market capitalizations
Actively managed, with holdings rebalanced on a regular basis
Relatively low expense ratio compared to some actively managed funds

⚠️ Primary Risks

Equity market risk, as the fund invests in stocks which can be volatile
Concentration risk, as the fund may have significant exposure to certain sectors or industries
Reliance on the AI model, which may not always accurately identify profitable investments
Potential for higher turnover and trading costs compared to passive index funds

👤 Best For

The Amplify AI Powered Equity ETF may be suitable for investors seeking exposure to a diversified portfolio of U.S. equities, with the potential for enhanced returns through the use of an AI-powered stock selection model. Investors should have a higher risk tolerance and a longer-term investment horizon to accommodate the fund's active management approach.