3 AI ETFs to Buy With $100 and Hold Forever
Investors looking to invest in artificial intelligence can consider buying three AI exchange-traded funds (ETFs) with just $100. These ETFs offer exposure to companies leading in the AI industry and can be held for the long term. By investing in these AI ETFs, investors can benefit from the growth potential of the AI sector without having to pick individual stocks. With the increasing integration of AI in various industries, these ETFs present a promising investment opportunity.
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Investing in AI ETFs for Wealth Growth
Simply starting with a $100 investment in artificial intelligence (AI) ETFs like Global X Robotics and Artificial Intelligence ETF (BOTZ), iShares Future AI & Tech ETF (ARTY), and Vanguard Information Technology ETF (VGT) can lead investors down the path of fattening their piggy banks thanks to the tremendous growth in AI projected for the coming years.
Business intelligence provider Fortune Business Insights projects that the generative AI market alone will rise at a 39.6% compound annual growth rate from $67.2 billion in 2024 to $967.7 billion by 2032.
Global X Robotics and Intelligence ETF
For concentrated exposure to AI and machines, there's the Global X Robotics and Intelligence ETF. Since September 2016, this ETF has provided investors with exposure to leading AI and robotics stocks. Semiconductor stalwart Nvidia is the largest position in the fund, with other top positions held by robotics leaders ABB and Intuitive Surgical.
iShares Future AI & Tech ETF
The iShares Future AI & Tech ETF offers broad exposure to companies throughout the AI industry, from enabling generative AI tools to specializing in AI infrastructure to developing AI software. With semiconductor stocks like Broadcom and Nvidia figuring prominently in the 50 holdings, this ETF is a great choice for investors seeking diversified AI exposure.
Vanguard Information Technology ETF
Those looking for a more measured approach to AI exposure may find the Vanguard Information Technology ETF to be an interesting option. Focusing on companies that serve the electronics and computer industries, many of which are turning their attention to AI, this ETF offers broad exposure to information tech stocks with minimal management fees.
Choosing the Best AI ETF for Investment
From semiconductors to data centers, deciding how to invest in AI can be overwhelming. Fortunately, there are several ETFs that make it easy, offering one-stop AI shopping. Investors interested in concentrated exposure to AI and robotics may prefer the Global X Robotics and Intelligence ETF, while those seeking broader exposure to the AI field may find the iShares Future AI & Tech ETF a better option. For a low-cost option with broad AI exposure, the Vanguard Information Technology ETF is worth considering.