XAIX

Xtrackers Artificial Intelligence and Big Data ETF

$42.35
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Xtrackers Artificial Intelligence and Big Data ETF (XAIX) seeks to provide investment results that closely correspond to the performance of the Indxx Artificial Intelligence and Big Data Index.

Overview

ETF tracking Xtrackers Artificial Intelligence and Big Data ETF

Category Other
Issuer Other
Inception Date 2024-08-02
Market Cap $79.2M
Average Volume N/A
Dividend Yield 0.32%
52-Week Range $27.71 - $44.63
VWAP $42.00

Performance

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Investment Summary

📎 Investment Objective

The Xtrackers Artificial Intelligence and Big Data ETF (XAIX) seeks to provide investment results that closely correspond to the performance of the Indxx Artificial Intelligence and Big Data Index.

🎯 Investment Strategy

The ETF invests in a portfolio of companies that are involved in the development or utilization of artificial intelligence and big data technologies. The fund's holdings are weighted based on their market capitalization and liquidity.

✨ Key Features

  • Exposure to companies at the forefront of artificial intelligence and big data innovation
  • Diversified portfolio across multiple sectors and industries
  • Low expense ratio of 0.00%
  • Tracks the Indxx Artificial Intelligence and Big Data Index

⚠️ Primary Risks

  • Concentration risk as the fund is focused on a specific theme or sector
  • Volatility risk as technology and innovation-focused companies can be subject to rapid price swings
  • Liquidity risk for smaller or less-traded holdings
  • Tracking error risk as the fund may not perfectly replicate the performance of its underlying index

👤 Best For

This ETF may be suitable for long-term investors seeking exposure to the growth potential of artificial intelligence and big data technologies. Due to the fund's thematic and sector-specific focus, it is best suited for investors with a higher risk tolerance and a longer investment horizon.