I do wish that the authors of the study had dug a bit more into the AIEQ ETF's holdings before printing such a deceptive article. AIEQ is beating the S&P because its largest holdings, by far, are tech stocks. And not just small cap tech stocks, but mega cap tech stocks. Its largest current holding is Google. So How does AIEQ compare to the XLK tech ETF? XLK is up 9.0% YTD, AIEQ is up 4.4%; For the past 12 months, XLK is up 16.1%, AIEQ is up 8.1%
So the 'robot' is up all of 11.8 % over the past year ? What a joke. This is the best that IBM's Watson can do running 24/7 ? This year, try a Commodore 64.