AIVC

Amplify Bloomberg AI Value Chain ETF

$67.14
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Amplify Bloomberg AI Value Chain ETF (AIVC) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Bloomberg AI Value Chain Index.

Overview

ETF tracking Amplify Bloomberg AI Value Chain ETF

Category Value
Issuer Other
Inception Date 2024-01-29
Market Cap $33.6M
Average Volume N/A
Dividend Yield 0.14%
52-Week Range $36.46 - $72.58
VWAP $66.50

Performance

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Investment Summary

📎 Investment Objective

The Amplify Bloomberg AI Value Chain ETF (AIVC) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Bloomberg AI Value Chain Index.

🎯 Investment Strategy

The fund invests in companies that are involved in the artificial intelligence (AI) value chain, including companies that develop AI-enabled products and services, as well as companies that provide the underlying technology and infrastructure to support the AI ecosystem.

✨ Key Features

  • Exposure to companies across the AI value chain, including hardware, software, and service providers
  • Seeks to track the Bloomberg AI Value Chain Index, which is designed to measure the performance of companies involved in the AI industry
  • Potentially benefits from the growth of the AI industry as it becomes more widely adopted across various sectors
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Concentration risk as the fund is focused on the AI industry
  • Potential volatility due to the emerging and rapidly evolving nature of the AI sector
  • Liquidity risk as the fund may have limited trading volume compared to more established ETFs
  • Tracking error risk as the fund may not perfectly replicate the performance of the underlying index

👤 Best For

The Amplify Bloomberg AI Value Chain ETF may be suitable for investors seeking exposure to the growth potential of the AI industry and are willing to accept the higher level of risk associated with a thematic, sector-focused investment.