Here's My Top AI ETF to Buy Right Now
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When it comes to investing in artificial intelligence (AI) stocks, there are several great ETFs that will allow you to do that without much individual stock risk. Some track various AI-focused indexes, while others are actively managed funds that try to beat the benchmark indexes.However, you might be surprised how much AI exposure the Invesco QQQ ETF (NASDAQ: QQQ), has. This index fund provides exposure to large-cap AI stocks and more, and with investment fees less than half of most other AI ETFs. Here's a rundown of what the Invesco QQQ ETF is, why it could be a great AI ETF, and other important things to know.The Invesco QQQ ETF tracks the Nasdaq-100 index, which consists of the 100 largest nonfinancial companies listed on the Nasdaq stock exchange. The ETF has a 0.20% expense ratio, which is less than half of what most AI-focused ETFs charge, even those that simply track an index. For example, one leading AI ETF has a 0.68% expense ratio, which means you'll pay $68 in annual investment expenses on a $10,000 investment. That might not seem like a massive amount, but this difference in expense ratios can make a big difference in your long-term investment performance.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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