When building any portfolio, financial advisors and portfolio managers stress the importance of diversification — and the same applies to AI. /p>
An exchange-traded fund might be a good way to get that diversified exposure to a basket of stocks that could benefit from the AI theme, rather than sticking with one or two promising names. So investors can consider diversifying through ETFs.
Selecting ETFs that incorporate dozens of names can be a lower-risk way to diversify when investors are looking for long-term plays in the AI space.
The Global X Robotics and Artificial Intelligence ETF (BOTZ), the First Trust Nasdaq AI and Robotics ETF (ROBT) and the Global X Artificial Intelligence & Technology ETF (AIQ) will be three priorities.
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