PlayinwithFIRE
Recycles dryer sheets
- Joined
- Oct 9, 2022
- Messages
- 59
Before our new overlords takeover, I went looking for AI centric ETFs.
Most articles return 4 popular ones...but on looking at the holdings, I'm kind of confused. None of them seem to hold the well known (or atleast the newsy) AI companies like Google/Microsoft, etc...and some of the holdings seem so far off AI, I'm wondering if I just am unaware or not thinking about this correctly.
Sure, everything will have some level of AI added to it, but do i really need a secondary investment effect from automotive sensors? Seems like they value the downstream effects more than the invention itself ?
I don't know, these funds seem very untargeted to me.
As an example, here is Vanguards offering (BOTZ) top five holdings, which account for about 40% :
Keyence (KYCCF 0.81%): A Japanese company that makes factory automation products such as sensors and scanners.
Fanuc (FANUY 0.29%): Japanese manufacturer of factory automation products including lasers, robots, and electric injection molding machines.
Intuitive Surgical (ISRG -0.71%): Maker of the da Vinci robotic surgical system, which allows for minimally invasive surgeries with precise control.
ABB (ABB 0.46%): Swiss maker of industrial automation and robotics products for use in utilities and infrastructure.
NVIDIA (NVDA 2.58%): Semiconductor maker whose chips are used in a wide variety of applications -- including autonomous vehicles, virtual computing, and cryptocurrency mining -- and are central to many AI technologies.
Most articles return 4 popular ones...but on looking at the holdings, I'm kind of confused. None of them seem to hold the well known (or atleast the newsy) AI companies like Google/Microsoft, etc...and some of the holdings seem so far off AI, I'm wondering if I just am unaware or not thinking about this correctly.
Sure, everything will have some level of AI added to it, but do i really need a secondary investment effect from automotive sensors? Seems like they value the downstream effects more than the invention itself ?
I don't know, these funds seem very untargeted to me.
As an example, here is Vanguards offering (BOTZ) top five holdings, which account for about 40% :
Keyence (KYCCF 0.81%): A Japanese company that makes factory automation products such as sensors and scanners.
Fanuc (FANUY 0.29%): Japanese manufacturer of factory automation products including lasers, robots, and electric injection molding machines.
Intuitive Surgical (ISRG -0.71%): Maker of the da Vinci robotic surgical system, which allows for minimally invasive surgeries with precise control.
ABB (ABB 0.46%): Swiss maker of industrial automation and robotics products for use in utilities and infrastructure.
NVIDIA (NVDA 2.58%): Semiconductor maker whose chips are used in a wide variety of applications -- including autonomous vehicles, virtual computing, and cryptocurrency mining -- and are central to many AI technologies.