First AI ETF is out, would you buy at all?

[murray t turtle]

As Maverick noted give it a year.One month chart looks like it need some more something. Some of those ETFs dont use SPY or QQQ as a benchmark- to hard to beat; or if they cant beat their own benchmark they simply get a new benchmark.....AEIQ may do well in a SPY downtrend , because look @ it now LOL

 

[GloriaBrown]

It is just little bit higher than initial price while SP500 keeps making new high too many times. Much worse than market average performance.

 

[Maverick74]

Let's check how this little fella is doing.

AIEQ up 10.51% YTD

SPY up 4.19% YTD

That's 2 to 1 out performance.

And guess what? They are launching a new international AI ETF.

https://finance.yahoo.com/news/artificial-intelligence-watson-international-etf-152245353.html

Poor Gloria.

 

[Scataphagos]

This is all any of us need to know about AIEQ's performance... for now.

 

[truetype]

Why QQQ as the bench?

 

[cvds16]

You obviously are comparing apples to oranges ... the only right measure is to compare this to SPY ... remember what happened in 2000 and 2008 to the QQQ ? You might not be as smart as you think you are, duh ..

 

[truetype]

Well, when you're cranking out many thousands of posts, you don't have time to think through each one.

 

[murray t turtle]

You obviously are comparing apples to oranges ... the only right measure is to compare this to SPY ... remember what happened in 2000 and 2008 to the QQQ ? ..

%%
OK, but QQQ went down more than 80% in 2000+/ bear . SO, for those who had the chart; some people can plan. NOT a prediction, nor do i have to buy or sell a benchmark.....

 

[GloriaBrown]

You obviously are comparing apples to oranges ... the only right measure is to compare this to SPY ... remember what happened in 2000 and 2008 to the QQQ ? You might not be as smart as you think you are, duh ..

How do you know this AI etf would not be worse than qqq in crisis time?

 

[lightninboy]

AIEQ has a pretty good record so far.