FOR INVESTING IN AI CHATBOTS

WISDOMTREE ARTIFICIAL INTELLIGENCE ETF (INTL)

Price: £40.945

Last year was the ETF’s first negative calendar year of returns since it was launched in November 2018, but even after 35% decline through 2022, it has still more than doubled in price since inception. The fund is more than 20% ahead so far in 2023.

The WisdomTree Artificial Intelligence ETF is benchmarked to the Nasdaq CTA Artificial Intelligence index whose constituents cover wider the AI theme.

For example, the ETF provides exposure to Autostore (iIG:FRA) which is a French warehouse automations specialist, PROS Holdings (PRO:NYSE) which provides a SaaS (software-as-a-service) platform that helps retailers understand consumer habits, and Workday (WDAY:NYSE) which offers enterprise applications in the cloud.

The portfolio is diversified across the globe, with 57% in the US, about 20% in Japan and Taiwan, the rest elsewhere. Ongoing charges are 0.4%.