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

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

 

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

 

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.

 

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

 

Why QQQ as the bench?

 

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 ..

 

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

 

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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.....

 

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

 

AIEQ has a pretty good record so far.