Franklin Intelligent Machines ETF

IQM

Market cap $93M

It's no secret that tech — and particularly AI and machine learning — are key market drivers right now. Last year saw AI push markets further across segments, with AI showing its potential outside of just generative text functions.

2024 was an amazing year for investment performance, with the broad market S&P 500 TR Index up over 28%. There were also some serious ETF milestones achieved this year.

“The shape of the U.S. equity market has undergone a massive change over just the last few years,” says BlackRock's Rachel Aguirre.

Artificial intelligence has been a dominant theme for investors during 2023, as data centers have installed the equipment and software needed to support corporate clients that are rolling out their own AI technology.