NVIDIA

Microsoft

KLA-Tencor

Texas Instruments

Apple

S&P Global

Raytheon Technologies

Starbucks

Monolithic Power Systems

PepsiCo

Amplify AI Powered Equity ETF

AIEQ is an actively-managed fund of US stocks selected by a proprietary, quantitative model that incorporates artificial intelligence (AI).

AIEQ tracks an index that holds US companies of any market cap selected using a proprietary, quantitative model based on artificial intelligence.

The Amplify AI Powered Equity ETF uses AI and machine learning to make data-driven investment choices, aiming to avoid human bias and emotion. The fund's holdings are diverse, with a notable focus on tech and healthcare, reflecting AI's growth and value predictions. Despite its innovative approach, AIEQ has underperformed compared to the S&P 500, similar to other AI-driven funds like WisdomTree's AIVL.

AIEQ: Artificial Intelligence Still Isn't Beating Passive

KPOP and Korean Entertainment ETF

It's tempting to think that computers can make better investment decisions than we can.

AI-powered stock ETFs were hyped as superior investments. Then reality hit.

Amplify AI Powered Equity ETF implements a strategy using deep learning to select stocks that are likely to outperform. AIEQ has a high fee and an extremely high turnover rate. It has lagged the S&P 500 since inception and shows a higher volatility.

AIEQ: Mobilizing AI Resources For Disappointing Results

Amplify Travel Tech ETF

Amplify Cash Flow Dividend Leaders ETF

Amplify CWP Dividend & Option Income ETF

Amplify Etho Climate Leadership US ETF

Amplify Treatments Testing & Advancements ETF

Amplify Cybersecurity ETF

Amplify Cash Flow High Income Etf

Amplify International Enhanced Dividend Income ETF

Amplify BlackSwan ISWN ETF

Amplify Alternative Harvest ETF

Amplify US Alternative Harvest ETF

Amplify Natural Resources Dividend Income ETF

Amplify BlackSwan Tech & Treasury ETF

Amplify Samsung Sofr Etf

Amplify Blackswan Growth & Treasury Core ETF

YieldShares High Income ETF

CHICAGO, June 27, 2024 (GLOBE NEWSWIRE) -- Amplify ETFs announces June income distributions for its ETFs. ETF Name Ticker   Amount per Share Ex-Date Record Date Payable Date Amplify AI Powered Equity ETF AIEQ   $0.05503 6/27/2024 6/27/2024 6/28/2024 Amplify Travel Tech ETF AWAY   $0.03617 6/27/2024 6/27/2024 6/28/2024 Amplify Cash Flow Dividend Leaders ETF COWS   $0.05711 6/27/2024 6/27/2024 6/28/2024 Amplify CWP Enhanced Dividend Income ETF DIVO   $0.15556 6/27/2024 6/27/2024 6/28/2024 Amplify Etho Climate Leadership U.S. ETF ETHO   $0.13457 6/27/2024 6/27/2024 6/28/2024 Amplify Treatments, Testing and Advancements ETF GERM   $0.08798 6/27/2024 6/27/2024 6/28/2024 Amplify Cybersecurity ETF HACK   $0.02578 6/27/2024 6/27/2024 6/28/2024 Amplify Cash Flow High Income ETF HCOW   $0.17040 6/27/2024 6/27/2024 6/28/2024 Amplify International Enhanced Dividend Income ETF IDVO   $0.15320 6/27/2024 6/27/2024 6/28/2024 Amplify BlackSwan ISWN ETF (International) ISWN   $0.14293 6/27/2024 6/27/2024 6/28/2024 Amplify Alternative Harvest ETF MJ   $0.16966 6/27/2024 6/27/2024 6/28/2024 Amplify U.S. Alternative Harvest ETF MJUS   $0.01565 6/27/2024 6/27/2024 6/28/2024 Amplify Natural Resources Dividend Income ETF NDIV   $0.13227 6/27/2024 6/27/2024 6/28/2024 Amplify BlackSwan Tech & Treasury ETF QSWN   $0.14215 6/27/2024 6/27/2024 6/28/2024 Amplify Samsung SOFR ETF SOF   $0.44497 6/27/2024 6/27/2024 6/28/2024 Amplify BlackSwan Growth & Treasury Core ETF SWAN   $0.19349 6/27/2024 6/27/2024 6/28/2024 Amplify High Income ETF YYY   $0.12000 6/27/2024 6/27/2024 6/28/2024 About Amplify ETFs Amplify ETFs, sponsored by Amplify Investments, has over $9 billion in assets across its suite of ETFs (as of 5/31/2024).

Amplify ETFs Declares June Income Distributions for its ETFs

AIEQ relies on several models powered by IBM's Watson to select stocks across all U.S. market segments. The ETF has a 0.75% expense ratio and $101 million in assets. Results in 2020 were strong. However, AIEQ's long-term track record is poor, lagging behind SPY by 62% since its November 2017 inception. AIEQ's six-month rolling win rate is only 38%. One of the advertised benefits of AIEQ's models is that they "learn" over time. However, portfolio turnover skyrocketed to 2719% last year, and results seem to be getting worse.

AIEQ: Time To Give This AI-Powered ETF The 'Old Yeller' Treatment

DoubleLine Commercial Real Estate ETF

Strategy Shares Gold-Hedged Bond ETF

Amplify Mobile Payments ETF

Victoryshares THB Mid Cap ESG ETF

Amplify Junior Silver Miners ETF

Pacer Metaurus US Large Cap Target Dividend 300 ETF

Vaneck Bitcoin Strategy ETF

PGIM US Large-Cap Buffer 12 ETF - February

PGIM US Large-Cap Buffer 20 ETF - February

Tidal ETF Trust Intelligent Real Estate ETF

The past week saw a total of 13 ETF launches. There were also a host of material changes to existing funds, and some closure activity.

This Week in ETFs: A Baker's Dozen of New ETFs

Amplify Video Game Tech ETF

Amplify BlueStar Israel Technology ETF

Amplify Global Cloud Technology ETF

CHICAGO, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Amplify ETFs announced today it has completed its previously announced acquisition of ETF Managers Group (ETFMG) exchange-traded fund (ETF) assets, which consist of over $3.7 billion of assets under management (AUM) across 14 ETFs (as of 1/26/2024). Amplify ETFs will now manage $9.1 billion of AUM as of 1/26/2024.

Amplify ETFs Completes Acquisition to Reach $9.1 Billion AUM Across 31 ETFs

WisdomTree International AI Enhanced Value Fund

BTD Capital Fund

Advisorshares Let Bob AI Powered Momentum ETF

Counterpoint Funds announced the launch of the Counterpoint Quantitative Equity ETF (NYSE Arca: CPAI). The ETF seeks long-term capital appreciation by investing in individual stocks that have exposure to multiple factors.

Counterpoint Debuts AI-Driven Quantitative Equity ETF

ProShares Short Bitcoin Strategy ETF

SPDR Dow Jones Industrial Average ETF

Defiance Pure Electric Vehicle ETF

Fidelity MSCI Consumer Staples ETF

Roundhill Magnificent Seven ETF

Roundhill Meme ETF

ProShares Short Ether Strategy ETF

Invesco S&P 500 Enhanced Value ETF

SPDR S&P 500 ETF Trust

Consumer Staples Select Sector SPDR Fund

Charlie Munger's investment philosophy, which prioritizes quality, selective investing, and a long-term perspective, can influence ETF investors to be discerning in their choices and avoid excessive diversification.

A Tribute to Munger With His Philosophy-Enriched ETFs

AI Powered Equity ETF is an actively managed fund that uses deep learning technology. The fund is being reorganized and will be sold to Amplify ETFs. The AIEQ ETF has underperformed the S&P 500 Index and another AI-powered ETF, has high fees and turnover rate, and low liquidity.

AIEQ: Deep Learning ETF With 6 Red Flags

Global X MSCI China Real Estate ETF

iShares China Large-Cap ETF

Simplify Interest Rate Hedge ETF

Sprott Junior Uranium Miners ETF

United States Oil Fund LP

The third-quarter 2023 was a downbeat period for investors, mainly due to rising rates.

Baidu

Global X Robotics & Artificial Intelligence ETF

iShares Robotics & Artificial Intelligence Multisector ETF

ROBO Global Robotics and Automation ETF

First Trust Nasdaq Artificial Intelligence & Robotics ETF

Robots and artificial intelligence (AI) are increasingly gaining precedence in our daily life.

Guide to Artificial Intelligence ETFs

Breakwave Dry Bulk Shipping ETF

Amplify Transformational Data Sharing ETF

Breakwave Tanker Shipping ETF

Amplify Seymour Cannabis ETF

Amplify Online Retail ETF

In June, the ETF industry learned that issuer ETF Managers Group would be selling its funds to Amplify ETFs. The transaction, once completed, will bring Amplify's total AUM to $8 billion invested across 29 ETFs.

Amplify's Christian Magoon on Purchase of ETFMG's ETFs

Global X Artificial Intelligence & Technology ETF

Wisdomtree Artificial Intelligence And Innovation Fund

Nvidia (NVDA) injected bullishness across the tech sector, especially in the artificial intelligence (AI) segment.

Nvidia Sparks Rally in AI ETFs

The AI Powered Equity ETF is an actively-managed ETF that uses artificial intelligence to select U.S. stocks with high potential for success. AIEQ's returns through 2020 were solid and slightly beat SPY with higher volatility. However, it's performed poorly since, coinciding with an excessive turnover rate that topped 1,700% in 2022. A hefty 0.75% expense ratio, minimal AUM, and a poor track record against virtually every passive size and style segment means investors should avoid AIEQ.

AIEQ: 3 Reasons To Avoid This High-Risk AI-Powered ETF

Asian Growth CUBS ETF

TrueShares ESG Active Opportunities ETF

Hartford Schroders ESG US Equity ETF

Global X MSCI Nigeria ETF

Nightshares Russell 2000 ETF

Nightshares Russell 1000 ETF

Revere Sector Opportunity ETF

The week ending Friday, July 21, has been busy for the ETF industry, though launches were muted. A total of seven funds rolled out, which suggests the market could be entering some kind of summer slump.

This Week in ETFs: A Summer Slowdown

Roundhill Generative AI & Technology ETF

The AI hype surrounding the tech sector has boosted stocks this year. The rally is here to stay as the AI valuation is not too stretched.

Will the AI Momentum Continue? ETFs to Buy

Qraft AI-Enhanced US Large Cap Momentum ETF

QRAFT AI-Enhanced U.S. Large Cap ETF

Vanguard Total Stock Market ETF

The AI Powered Equity ETF (AIEQ) has garnered attention recently, but not for positive reasons. Despite using artificial intelligence to make investment decisions, the ETF has struggled to perform well, with a disappointing one-year return of -13.92%.

Assessing the AIEQ ETF: Implications for AI Investing

The AI Powered Equity ETF has underperformed against all major market segments since its launch in 2017. To demonstrate, this article compares AIEQ's annual returns against nine passive alternatives. AIEQ's investment objective is to select stocks with a high probability of outperforming over the next twelve months. However, in the last year, its portfolio turnover rate skyrocketed to 1,700%. This feature is not a mark of confidence. Substantial changes are routine, and AIEQ does not consider ultra-concentration in any particular industry problematic. Semiconductors total 30% of today's portfolio.

AIEQ: Don't Be A Beta Tester, Avoid This Poor-Performing AI-Powered ETF

Harbor Corporate Culture Small Cap ETF

JPMorgan Equity Premium Income ETF

KraneShares Global Carbon ETF

US Treasury 3 Month Bill Etf

BondBloxx Bloomberg One Year Target Duration US Treasury ETF

On this episode of ETF Prime, host Nate Geraci had just returned from the Inside ETFs Conference and had some thoughts. So, he bounced some of his takeaways from the conference off of VettaFi's head of research Todd Rosenbluth.

ETF Prime: Todd Rosenbluth Considers Takeaways from Inside ETFs

The AIEQ ETF uses artificial intelligence to pick stocks. The fund analyzes millions of data points to rank over 6,000 stocks. It aims to select stocks that are most likely to outperform the markets.

AIEQ: Underperforms The S&P, Avoid

Global X Education ETF

Alphabet

The hype surrounding ChatGPT has brought about a massive change in the global financial and investment world. These ETF areas could emerge as winners and losers.

Sector ETFs to Win/Lose from ChatGPT Frenzy

AIEQ employs artificial intelligence to conduct market research on potential holdings and pick stocks using advanced algorithms. This ETF focuses on various companies across the economy that are most likely to prevail amid relevant market conditions and events.

AIEQ: Unique Strategy But Not Enough History To Prove Its Effectiveness

ARK Web x.0 ETF

Roundhill Sports Betting & iGaming ETF

SPDR Bloomberg 3-12 Month T-Bill ETF

BNY Mellon US Large Cap Core Equity ETF

SPDR Portfolio TIPS ETF

United States Natural Gas Fund LP

Investors are flocking to artificial intelligence (AI) ETFs, as well as short-duration Treasuries ETFs and zero-fee core equity exposure, reveals recent advisor research data.

Rising ETF Stars: Who's Afraid Of AI ETFs?

ARK Industrial Innovation ETF

MerlynAI SectorSurfer Momentum ETF

Teucrium Aila Long-Short Agriculture ETF

Defiance Quantum ETF

Merlyn AI Bull-Rider Bear-Fighter ETF

Franklin Exponential Data ETF

ETFs focused on artificial intelligence are popular right now, but there's a wide gulf between ETFs that use AI to invest and ETFs that invest in companies that benefit from or work on AI technologies. Let's drill deeper into the difference between the two.

Artificial Intelligence ETFs, or ETFs Powered by Artificial Intelligence?

News for Amplify AI Powered Equity ETF ETF (AIEQ)