Move Over, ChatGPT. AI-Powered ETF Outperforms This Year

When the latest and greatest artificial intelligence ChatGPT tool was asked to create a market-beating portfolio, it reportedly told users the stock market is just too hard to predict. However, the $102 million AI Powered Equity ETF (AIEQ), issued by ETF Managers Group, claims to have been doing just that this year.

AIEQ, which launched in 2017, leverages the power of IBM’s Watson supercomputer to select its portfolio holdings.