BAI

iShares A.I. Innovation and Tech Active ETF

$33.20
+0.00%
Market closed. Last update: 2:15 AM ET

📎 Investment Objective

The iShares A.I. Innovation and Tech Active ETF seeks to provide long-term capital growth by investing in companies that are leaders in innovative technologies and artificial intelligence.

Overview

ETF tracking iShares A.I. Innovation and Tech Active ETF

Category Technology
Issuer BlackRock
Inception Date 2024-10-22
Market Cap $8.6B
Average Volume N/A
Dividend Yield 1.80%
52-Week Range $19.39 - $37.88
VWAP $33.40

Performance

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Investment Summary

📎 Investment Objective

The iShares A.I. Innovation and Tech Active ETF seeks to provide long-term capital growth by investing in companies that are leaders in innovative technologies and artificial intelligence.

🎯 Investment Strategy

The fund is actively managed, utilizing fundamental and quantitative research to identify companies that are well-positioned to benefit from advancements in AI, automation, and other transformative technologies. The portfolio is diversified across sectors and market capitalizations.

✨ Key Features

  • Actively managed fund focused on innovative technology and AI companies
  • Diversified portfolio across sectors and market caps
  • Aims to provide exposure to the growth potential of transformative technologies
  • Expense ratio of 0.00%

⚠️ Primary Risks

  • Investing in technology and innovation companies can be volatile and subject to rapid changes
  • The fund's performance is dependent on the portfolio manager's ability to identify promising AI and tech companies
  • Lack of long-term performance history makes it difficult to evaluate the fund's track record
  • As a new fund, it has a small asset base which can impact trading liquidity and costs

👤 Best For

This ETF may be suitable for investors with a long-term investment horizon who are seeking exposure to innovative technology and AI companies and are willing to accept the higher volatility associated with this sector. It is best suited for investors with a higher risk tolerance as part of a diversified portfolio.