|Bid||15.46 x 1000|
|Ask||15.55 x 2900|
|Day's Range||15.49 - 15.60|
|52 Week Range||12.19 - 16.04|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.00|
|Expense Ratio (net)||0.68%|
Artificial intelligence (AI) is a growing, credible investment theme and some issuers of exchange traded funds are meeting that growth. Funds in this arena include the Global X Future Analytics Tech ETF (AIQ) , which launched last May. The Global X Future Analytics Tech ETF tries to reflect the performance of the Indxx Artificial Intelligence & Big Data Index, which is comprised of companies involved in the development and utilization of artificial intelligence and big data.
Price is what investors pay and value is what they hope they are getting from a security, be it a bond, stock or exchange-traded fund (ETF). For some reason, many investors conflate price and value, assuming a stock or ETF with a high price tag lacks value while cheap ETFs are automatically good values.That is not always the case, but there are examples of cheap ETFs that are worth considering. Nearly 280 ETFs, or more than 10% of the U.S.-listed exchange traded products universe, sport price tags of $20 or less. Some of these cheap ETFs have serious potential. Others do not.For investors looking for what appear to be cheap ETFs, the good news is that funds with sub-$20 price tags span multiple asset classes, including bonds, commodities and stocks.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 9 Trade War Stocks to Sell on U.S.-China Deal News Penny-pinching and capital-starved investors are sure to like some of these cheap ETFs, all of which traded below $20 as of Wednesday afternoon. Global X Future Analytics Tech ETF (AIQ)Expense Ratio: 0.68% per year, or $68 on a $10,000 investment.The Global X Future Analytics Tech ETF (NASDAQ:AIQ) is an example of a cheap ETF, at least by price tag, that is also a thematic fund focusing on a compelling market segment. In this case, that is aritifical intelligence (AI) and related fare, such as big data. AIQ, which debuted last May, tracks the Indxx Artificial Intelligence & Big Data Index.While AIQ is a cheap ETF by price, the fund's price-to-earnings ratio of just over 21 is a premium to broader equity benchmarks, but still reasonable among many thematic funds. That is very resonable when considering the massive growth potential in the AI market."According to one report, AI could contribute up to $15.7 trillion to global GDP in 2030, with $9.1 trillion coming from consumption-side effects and $6.6 trillion coming from increased productivity," said Global X in a note out last year. "For context, that would add about 14% to global GDP, or more than China and India's combined output."AIQ, which is up almost 20% this year, holds 80 stocks, over 60% of which are technology names. SPDR Gold MiniShares Trust (GLDM)Expense Ratio: 0.18%As has been widely reported, the fee wars that have been so prominent in the ETF space over the years made their way to gold ETFs, meaning the SPDR Gold MiniShares Trust (NYSEARCA:GLDM) is a cheap ETF in more way than one. Not only is GLDM's price tag low, it is one of the cheapest gold ETFs on the market."For many investors, costs associated with buying and selling the Shares in the secondary market and the payment of GLDM's ongoing expenses will be lower than the costs associated with buying and selling gold bullion and storing and insuring gold bullion in a traditional allocated gold bullion account," according to State Street. * 7 Chinese Stocks to Buy for the 2019 Rebound GLDM proves investors like cheap ETFs, regardless of asset class. This fund debuted last June and has nearly $630 million in assets under management, making it one of the most successful ETFs to debut in 2019. Global X Robotics & Artificial Intelligence ETF (BOTZ)Expense Ratio: 0.68%The days of being a sub-$20 ETF are probably numbered for the Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ), which is currently hovering just under that mark. That is still good enough to make one of the largest robotics ETFs cheap, by price tag anyway. BOTZ targets the Indxx Global Robotics & Artificial Intelligence Thematic Index.Like the aforementioned AIQ, BOTZ and other robotics ETFs are thematic funds with exposure to a rapidly growing theme. Although robotics is a rapidly growing theme and the fund is up over 17% this year, BOTZ is not extended on valuation. China, the U.S. and Japan are among the world's marquee robotics markets, a fact reflected in BOTZ as the fund devotes 78% of its weight to Japanese and U.S. stocks."The U.S. is the second largest robotics market, following China. And while the U.S. economy is entering late stage in the business cycle, capex growth is expected to remain robust in 2019 at approximately 8%-10% among US capital goods producers," according to Global X research. "This suggests that manufacturers are keen to invest in new equipment, much of which is likely to be directed towards automation to reduce future expenses." Invesco High Yield Equity Dividend Achievers ETF (PEY)Expense Ratio: 0.54%Some cheap ETFs are dividend strategies, including the oft-overlooked Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY). PEY is a mix of a yield and dividend growth strategy and follows the Nasdaq U.S. Dividend Achievers Index.While this cheap ETF's roster of 50 is small compared to other domestic dividend funds, PEY does an admirable job of providing exposure to large-, mid- and small-caps. In fact, just over 46% of this cheap ETF's roster is allocated to large-cap stocks, a small figure compared to many traditional dividend funds. PEY yields 3.9% over the last 12 months, driven in large part by a 45% combined weight to the utilities and consumer staples sectors. * 7 March Madness Stocks to Consider for the Big Dance This cheap ETF is also value play, as about 72% of its holdings are classified as value stocks. PEY also pays a monthly dividend. Exponential Reverse Cap Weighted US Large Cap ETF (RVRS)Expense Ratio: 0.29%There are many ways to approach the S&P 500 via ETFs. Over the long term, the Exponential Reverse Cap Weighted U.S. Large Cap ETF (CBOE:RVRS) could prove to be one of the best. This cheap ETF's approach is easy to understand: it takes the S&P 500 holdings and assigns the largest weights to the benchmark's smallest companies.RVRS follows the Reverse Cap Weighted U.S. Large Cap Index and features meaningfully different sector weights than the traditional S&P 500. For example, consumer discretionary is the largest sector weight in RVRS at 20.22%. That is more than double the weight assigned to that sector by the traditional S&P 500.RVRS also mitigates stock-specific risk in superior fashion to the cap-weighted S&P 500. The largest holding in RVRS commands a weight of 1.07% compared to 3.7% in the S&P 500. Numbers do not lie. Year-to-date, RVRS is beating the S&P 500 by nearly 500 basis points and since inception, RVRS is beating the S&P 500 by more than 200 basis points.As of this writing, Todd Shriber did not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Blue-Chip Stocks That Will Lose You Money * 7 Cheap Stocks Under $5 That Could Soar * 7 Stocks Under $10 You Shouldn't Buy Compare Brokers The post 5 Cheap ETFs Worth Considering appeared first on InvestorPlace.
Nowadays, there are ETFs for an increasingly wide array of investment concepts and niches, and big data ETFs have been sprouting up over the past several years.Yes, "big data" refers to large sets of data, but there is more to it."Big data is a term that describes the large volume of data -- both structured and unstructured -- that inundates a business on a day-to-day basis," according to SAS. "But it's not the amount of data that's important. It's what organizations do with the data that matters. Big data can be analyzed for insights that lead to better decisions and strategic business moves."InvestorPlace - Stock Market News, Stock Advice & Trading TipsBolstering the long-term case for big data ETFs are the wide-ranging applications of big data. Big data's applications and utility are relevant to multiple industries ranging from the public sector to education to healthcare to transportation and many more. * 9 High-Growth Stocks to Buy Now for Monster Returns Here are some of the premier big data ETFs to consider for exposure to this booming theme. Global X Future Analytics Tech ETF (AIQ) Expense ratio: 0.68% per year, or $68 on a $10,000 investment.The original big data ETF closed a while back, so for the time being, the Global X Future Analytics Tech ETF (NASDAQ:AIQ) is one of the closest products investors have to a dedicated big data ETF. AIQ, which debuted last May, follows the Indxx Artificial Intelligence & Big Data Index.The fund "seeks to invest in companies that potentially stand to benefit from the further development and utilization of artificial intelligence (AI) technology in their products and services, as well as in companies that provide hardware facilitating the use of AI for the analysis of big data," according to Global X.AIQ is home to 80 stocks and while predictably heavy on technology stocks (60.54% of the fund's weight), this big data ETF allocates nearly 34% of its combined weight to the communication services and industrial sectors. Familiar names among AIQ's top 10 holdings include Facebook (NASDAQ:FB) and Netflix (NASDAQ:NFLX)."As the accumulation of data continues to grow, so does the potential of AI systems. Some estimates hold that the emergence of AI could contribute up to $15.7 trillion to global GDP in 2030 -- more than the current output of China and India combined," according to Global X. ALPS Disruptive Technologies ETF (DTEC)Expense ratio: 0.50% per year, or $50 on a $10,000 investment.With so few dedicated big data ETFs currently on the market, the ALPS Disruptive Technologies ETF (NYSEARCA:DTEC) makes for an ideal alternative. Not only that, but DTEC is one of the best ETFs for investors looking to augment or move away from traditional tech funds to focus on the fast-growing themes of tomorrow.DTEC features equal-weight exposure to 10 next generation technology theme, including data and analytics. Other themes featured in DTEC include 3D printing, cloud computing, fintech, mobile payments and robotics."Data and analytics is a disruptive technology which enables business users to process every granular bit of data in quicker way, removing the traditional need for sampling & then applying models," according to ALPS. "It encourages an investigative approach in users for data analysis since they get access to the whole data. It can reveal insights hidden in the data, which were previously too costly due to large data movements." * 3 Gold Stocks Percolating Right Now Year-to-date and over the past 12 months, DTEC is easily outperforming the Nasdaq. SPDR Kensho New Economies Composite ETF (KOMP)Expense ratio: 0.30% per year, or $30 on a $10,000 investment.Having debuted last October, the SPDR Kensho New Economies Composite ETF (NYSEARCA:KOMP) is one of the newer entrants to the fray of big data ETFs and its inclusion here is admittedly loose, but still relevant. While it is not a dedicated big data ETF, KOMP is something of a quant fund.KOMP follows an "index utilizing artificial intelligence and a quantitative weighting methodology to pursue the potential of a new economy fueled by innovative companies disrupting traditional industries by leveraging advancements in exponential processing power, artificial intelligence, robotics, and automation," according to State Street.Remembering that big data has applications across multiple industries, KOMP is a relevant big data ETF because the fund features exposure to 15 industry groups with aerospace and defense, application software and semiconductor names combining for 22% of the fund's weight. ARK Web x.O ETF (ARKW)Expense ratio: 0.75% per year, or $75 on a $10,000 investment.Like several of the other funds highlighted here, the actively managed ARK Web x.O ETF (NYSEARCA:ARKW) is not a dedicated big data ETF, but the fund does have some big data exposure."Companies within ARKW are focused on and expected to benefit from shifting the bases of technology infrastructure to the cloud, enabling mobile, new and local services, such as companies that rely on or benefit from the increased use of shared technology, infrastructure and services, internet-based products and services, new payment methods, big data, the internet of things, and social distribution and media," according to ARK Investment Management. * 7 Healthy Dividend Stocks to Buy for Extra Stability Top 10 holdings in the $382 million ARKW include NVIDIA (NASDAQ:NVDA) and Tesla (NASDAQ:TSLA). Since inception in September 2014, ARKW has posted average annualized returns of more than 24%, according to issuer data. Robo Global Robotics & Automation Index ETF (ROBO)Expense ratio: 0.95% per year, or $95 on a $10,000 investment.The original and still one of the largest robotics ETFs, the Robo Global Robotics & Automation Index ETF (NASDAQ:ROBO) has some credibility as a big data ETF due to the intersections of automation and robotics with big data.Artificial intelligence "leverages unstructured customer interactions along with structured customer data, and applies text analytics and multiple machine learning models to deliver accurate predictions about churn risk, winback" and other business-related applications, according to ETF Trends.ROBO holds almost 90 stocks, 74% of which are either mid- or small-cap names. About half of ROBO's components are technology stocks, but the fund features significant exposure to the healthcare and industrial sectors, too. Following a rough 2018, ROBO is up 19% year-to-date.Todd Shriber does not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 6 Hot Stocks For Goldman Sachs' New Investing Strategy * 10 Smart Money Stocks to Buy Now * The 10 Best Cheap Stocks to Buy Right Now Compare Brokers The post 5 Big Data ETFs for Big Profits appeared first on InvestorPlace.
NEW YORK , Feb. 12, 2019 /PRNewswire/ -- Global X ETFs, the New York -based provider of exchange-traded funds (ETFs), today announced the inclusion of seventeen additional ETFs to Schwab ETF OneSource, ...
The new AI ETF is powered by a symbiotic relationship fostered by the multi-decade expertise of Jim Rogers and financial professionals.
As of June 6, New York-based Global X had $10.43 billion in combined assets under management across its lineup of exchange-traded funds (ETFs), making the company the 16th-largest U.S. ETF sponsor.
At the end of April, there were nearly 1,900 exchange-traded funds (ETFs) trading hands in the U.S. Just this year, approximately 100 new ETFs have come to market. With numbers like that, you’re bound to run into a few products out there that could diverge from the pack. These are considered “strange ETFs.”
The tech of tomorrow has become a popular place for ETF issuers to look for the next big idea.
Whether you're into artificial intelligence, Big Data, Bitcoin or blockchain, two new fund offerings can help satisfy your tech-stock craving.
The universe of exchange-traded funds dedicated companies involved in artificial intelligence and big data technologies continues growing. On Tuesday, Global X introduced the Global X Future Analytics ...
Global X, an exchange traded fund shop known for its thematic approach to investing, has rolled out a strategy that covers the future of analytics to help investors gain exposure to companies involved ...
NEW YORK, May 15, 2018 /PRNewswire/ -- Global X Funds, the New York-based provider of exchange traded funds (ETFs), announced today the launch of the Global X Future Analytics Tech ETF (AIQ). Designed to track the Indxx Artificial Intelligence and Big Data Index, the fund holds a basket of companies that are generating vast amounts of data and developing proprietary AI systems to derive actionable insights from that data. The fund will also access companies that offer AI-as-a-Service (AIaaS) for big data analytics, or are developing hardware integral to powering AI systems, including quantum computing.