SPY open Jan 2= 267.84, Mar 6 close=272.88 .... 1.88% increase AIEQ open Jan 2=26.00, Mar 6 close=26.97 ... 3.73% increase The AIEQ increase was 98% greater than SPY ... i.e., AIEQ, so far in 2018, is kicking the ars of SPY
Gloria, what is wrong with you. Let's do math. Dec 29th close for AIEQ is 25.89. Today's price as of now is 27.00 27-25.89 = 1.11 1.11/25.89 = 4.3% Dec 29th close for SPY was 266.86. Today's price is 271.91 271.91 - 266.86 = 5.05 5.05 / 266.86 = 1.89% 4.3% is > 1.89% by a LOT!
Normally using first day of jan price chex Comparing launch initial price of this stupid ai etf to spy or qqq from the same day which is oct 17 or 18 to now, still ai lose
Longer period means much more. You can even compare daily performance and I am sure stupid ai etf would win sometimes by luck.