AIQ

Global X Funds Global X Artificial Intelligence & Technology ETF

$50.15
+0.00%
Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The Global X Artificial Intelligence & Technology ETF (AIQ) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Artificial Intelligence & Big Data Index.

Overview

ETF tracking Global X Funds Global X Artificial Intelligence & Technology ETF

Issuer Other
Inception Date 2018-05-15
Market Cap $5.4B
Average Volume N/A
Dividend Yield 0.12%
52-Week Range $31.50 - $53.56
VWAP $50.11

Performance

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Investment Summary

📎 Investment Objective

The Global X Artificial Intelligence & Technology ETF (AIQ) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Artificial Intelligence & Big Data Index.

🎯 Investment Strategy

The fund invests in companies that are involved in the development and utilization of artificial intelligence and big data technologies. This includes companies engaged in areas such as machine learning, natural language processing, speech recognition, and computer vision.

✨ Key Features

  • Provides exposure to a global portfolio of companies at the forefront of artificial intelligence and big data technologies
  • Tracks the Indxx Artificial Intelligence & Big Data Index, which is designed to identify leading companies in this rapidly evolving sector
  • Diversified across multiple sub-industries related to AI and big data
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Concentration risk as the fund is focused on a specific sector
  • Potential volatility due to the rapid pace of technological change in this industry
  • Currency risk for investors as the fund holds international securities
  • Liquidity risk as the fund is relatively new and has low assets under management

👤 Best For

The Global X Artificial Intelligence & Technology ETF may be suitable for investors seeking exposure to the long-term growth potential of the artificial intelligence and big data technology sectors. However, due to the fund's narrow focus and newness, it may be best suited for investors with a higher risk tolerance and a longer investment horizon.