WisdomTree Artificial Intelligence

ETF description

This ETF focuses on investing in companies involved in the development and application of artificial intelligence (AI) technologies. It seeks to track the performance of firms that are leaders in AI, including those engaged in areas such as machine learning, robotics, natural language processing, and autonomous systems. The fund provides exposure to a global range of companies that are driving innovation in AI, spanning industries such as technology, healthcare, and industrials.

This ETF may appeal to investors who are interested in the growth potential of artificial intelligence. It could suit those looking to diversify their portfolio with a thematic investment focused on the future of technology.

Issuer details

WisdomTree is a leading asset management firm specializing in innovative ETFs and ETPs (exchange‑traded products), with over $80 billion in assets under management as of June 2024. WisdomTree offers an extensive range of investment products across various market segments. Founded in 2006, WisdomTree is known for its fundamentally weighted ETFs and its focus on providing innovative and thematic investment strategies. The firm places a strong emphasis on income‑focused products, catering to the needs of income‑seeking investors. Notable ETFs include the WisdomTree U.S. Quality Dividend Growth Fund (DGRW), the WisdomTree Europe Hedged Equity Fund (HEDJ), and the WisdomTree Cloud Computing Fund (WCLD), reflecting WisdomTree’s commitment to delivering diverse and forward‑looking investment solutions.

Index details

The Nasdaq CTA Artificial Intelligence Index focuses on companies involved in artificial intelligence while meeting specific environmental, social, and governance (ESG) criteria. Companies are classified into three groups based on their role in the AI value chain and their revenue from AI‑related activities: Enhancers, Enablers, and Engagers. The index selects companies with the highest AI involvement, assigning a score based on factors such as how much AI contributes to their revenue and market prominence. The index is weighted with 10% for Enhancers, 50% for Enablers, and 40% for Engagers, with no company holding more than 4% of the index.