Top AI ETFs for January 2024

The top AI ETFs for January 2024: Revealing Successful AI Investing Prospects

An exceptional investing opportunity may be found in the Top AI ETFs for January. Companies at the forefront of Artificial Intelligence advancement are especially included in these AI ETFs, or Exchange Traded Funds. Investors may diversify their risk and still profit from this quickly expanding industry by purchasing these AI ETFs for January, which provide exposure to a diversified range of businesses spearheading the AI revolution. AI is in an exciting phase of development, and these exchange-traded funds offer a glimpse into the future of technology. The list of the top 10 AI ETFs for January 2024 is presented below:

Spear Alpha ETF (SPRX): A company that is anticipated to profit from the adoption of artificial intelligence (AI) and other disruptive technologies is invested in by this thematic exchange-traded fund (ETF). Focused mostly on the U.S. market, the ETF consists of 50 holdings altogether. With a cost ratio of 0.75%, the ETF has yielded a 52.3% return in a year.

Roundhill Generative AI & Technology ETF (CHAT): Investing in businesses engaged in generative AI a subset of artificial intelligence capable of producing original literature, music, or images is what this theme exchange-traded fund (ETF) does. With exposure to 30 countries, the ETF consists of assets. The ETF has a 0.75% cost ratio and a 48.7% one-year return.

iShares U.S. Technology ETF (IYW): An ETF with a broad focus, it invests in businesses in the software, hardware, internet, and telecommunications sectors of the technology industry. Focused mostly on the U.S. market, the ETF has 158 holdings overall. With an expenditure ratio of 0.42%, the ETF has a 40.2% one-year return.

First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT): An AI and robotics-related company, whether it be software, hardware, or services, is the focus of this thematic exchange-traded fund (ETF). With exposure to the whole world, the ETF consists of 101 holdings. The ETF has a 0.65% cost ratio and a 38.9% one-year return.

WisdomTree Artificial Intelligence and Innovation Fund (WTAI): Investing in businesses engaged in AI and innovation, whether in software, hardware, or services, is the focus of this thematic exchange-traded fund. The ETF is globally diversified, having 165 holdings in total. The ETF has an expense ratio of 0.45% and a one-year return of 37.8%.

Global X Robotics & Artificial Intelligence ETF (BOTZ): Investing in robots and AI-related businesses, whether they be software, hardware, or services, is the focus of this themed exchange-traded fund. The ETF is globally diversified, with a total of 37 holdings. The ETF has an expense ratio of 0.68% and a one-year return of 36.9%.

iShares Robotics and Artificial Intelligence Multisector ETF (IRBO): Across a range of industries, including technology, consumer goods, healthcare, and industrial, this thematic exchange-traded fund (ETF) makes investments in businesses that use robots and artificial intelligence. Global exposure is provided via the ETF's 102 total holdings. With an expenditure ratio of 0.47%, the ETF has a 35.6% one-year return.

Global X Artificial Intelligence & Technology ETF (AIQ): Investing in businesses that use AI and technology, whether it is software, hardware, or services, is the focus of this theme exchange-traded fund. The U.S. market is the primary focus of the ETF's 33 holdings. The ETF has a 34.7% one-year return and a 0.68% cost ratio.

ARK Innovation ETF (ARKK): This actively managed ETF makes investments in businesses in fields including artificial intelligence (AI), genomics, biotechnology, and fintech that are anticipated to profit from disruptive innovation. The ETF is globally diversified, with a total of 55 holdings. The ETF has an expense ratio of 0.75% and a one-year return of 32.4%.

ARK Autonomous Technology & Robotics ETF (ARKQ): Investing in businesses engaged in robotics and autonomous technologies, including artificial intelligence, drones, 3D printing, and electric cars, is the focus of this actively managed exchange-traded fund. With a global exposure, the ETF consists of 44 holdings in total. The ETF has a 0.75% cost ratio and a 31.8% one-year return.