Diversify Your AI Investments with This Broad AI ETF
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Artificial intelligence (AI) stocks like Nvidia, Tesla, and C3.ai have seen huge gains but also big drops. Owning them directly can be risky.
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An exchange-traded fund (ETF) provides exposure to AI with less risk by holding many stocks.
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The iShares Robotics and Artificial Intelligence ETF (IRBO) holds over 100 AI-related stocks globally.
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IRBO invests in major AI players like Google, Nvidia, and Microsoft but also lesser-known companies.
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IRBO has lower returns than the S&P 500 historically but is outperforming in 2023 as AI adoption increases.