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Amplify AI Powered Equity ETF

AIEQ

Market cap $123M

50.73 USD

+0.01

0.02%

At close Updated Aug 27, 4:00 PM EDT

1 day

0.02%

5 days

0.18%

1 month

3.07%

3 months

2.24%

6 months

10.93%

Year to date

12.46%

1 year

14.77%

5 years

18.72%

10 years

101.07%

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 0%

Neutral 50%

Negative 50%

Can AI-powered ETFs beat the stock market?

The hunt is on for the magic artificial-intelligence model that will enable investors to beat the stock market. For instance two researchers at Hong Kong University recently published a research paper claiming — in theory, anyway — they may have found one. (They will certainly not be the last.)

Can AI-powered ETFs beat the stock market?

AIEQ: Sophisticated AI-Driven Strategy That Underperforms

Amplify AI Powered Equity ETF tracks the AI Powered Equity Index, which selects constituents using the model that runs on the IBM Watson platform. Despite having a strategy powered by AI, AIEQ has not demonstrated consistent outperformance versus IVV and QQQ. It has trailed the former by close to 12% since January 2024. I remain neutral on AIEQ owing to its clearly disappointing performance, gargantuan turnover of 804%, and high expense ratio of 75 bps.

AIEQ: Sophisticated AI-Driven Strategy That Underperforms

AI-Enhanced ETFs: The Next Evolution of Quant Investing

Artificial intelligence has become one of the defining investment themes of this cycle. Yes, we may be hearing about the AI pullback as a valuation reset.

AI-Enhanced ETFs: The Next Evolution of Quant Investing

AIEQ: The Human Vs. AI Stock-Picking Test

The Amplify AI-Powered Equity ETF leverages IBM Watson and EquBot AI to pick stocks, aiming for faster, data-driven decisions than human managers. AIEQ has underperformed the S&P 500 since 2021, struggling in markets dominated by a few mega-cap tech stocks and rapid regime changes. The ETF's high turnover and management fees, plus reliance on historical data, limit its ability to consistently outperform broad passive indexes.

AIEQ: The Human Vs. AI Stock-Picking Test

The Motley Fool

AI Tech Trends: 3 ETFs Poised for Explosive Growth Over 8 Years

AI-focused ETFs are the most direct play, as they hold stocks in companies directly involved in developing or using AI. Broader-focused tech ETFs have a lot of AI exposure but also provide a hedge if you're worried about a bubble.

AI Tech Trends: 3 ETFs Poised for Explosive Growth Over 8 Years

AIEQ: AI's Unfulfilled Promise

AIEQ's AI-driven strategy is intriguing but fails to deliver superior returns or lower risk compared to the S&P 500 ETF. AIEQ charges much higher fees, has poor liquidity, and delivers worse risk-adjusted and absolute returns than VOO, despite similar sector exposures. The ETF's heavy tech concentration only amplifies volatility without capturing the upside, making its risk profile unattractive for long-term investors.

AIEQ: AI's Unfulfilled Promise

AI can do a lot of things — like tearing down your stock portfolio and adding risk

New study shows AI stock-trading tools lagged a basic S&P 500 fund. AI-powered ETFs have similar results.

AI can do a lot of things — like tearing down your stock portfolio and adding risk

AIEQ: The AI ETF That Thinks, But Doesn't Outperform Yet

AIEQ offers an agile, AI-driven approach, analyzing vast data points for stock selection and sector allocation, but its portfolio closely mirrors the S&P 500. Despite its promise, AIEQ's sector and top holdings are not meaningfully different from SPY, limiting its potential for significant outperformance. AIEQ has shown some reactive ability to macro shifts, but historical performance lacks consistent alpha and sometimes diverges negatively from SPY.

AIEQ: The AI ETF That Thinks, But Doesn't Outperform Yet

AIEQ: An Example Of AI Failure

AIEQ: An Example Of AI Failure

AIEQ: An Example Of AI Failure

AIEQ: Artificial Intelligence Still Isn't Beating Passive

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

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