ARTY iShares Future AI and Tech ETF - My Tactical Bet On AI Sector
πππARTY $ISHARES FUTURE AI & TECH ETF(ARTY)$ seeks to track the investment results of an index comprising of US and non US companies that provide products and services that are expected to contribute to Artificial Intelligence (AI) technologies in areas including Generative AI, AI Data and infrastructure, AI software and AI services.
In just 1 ETF, I gain access to the best and strongest companies in the AI industry. The Top 10 holdings include Broadcom, Arista Networks, Nvidia, AMD, Vertiv Holdings, Super Micro Computer, Palantir Technologies, Marvell Technology and Advantest Corp.
Not in the Top 10 holdings, but in the Top 20 are Amazon, Alphabet and Microsoft, members of the Magnificent 7.
Total number of holdings is 50 with the Top 10 taking up 40% weightage. The expense ratio is 0.47% which is among the lowest among competing ETFs.
Dividends are paid every 6 months. ARTY was ex dividend on December 17. The current dividend yield is 0.72%.
Performance wise ARTY is up 1.7% in the past 5 days and has risen 12% year todate. In 223, ARTY was up 9%. However if we look back 5 years ago, ARTY has risen by 39%.
Even though ARTY is US centric, it also holds companies from Japan, Taiwan, Ireland, France and many more.
I like ARTY as it is provides me with a low cost, diversified way to tap into great AI companies. These AI companies will shape our future and continue to grow exponentially.
Take for example $Broadcom(AVGO)$
While Broadcom is trending upwards, its rival $NVIDIA Corp(NVDA)$
Arista Networks $Arista Networks(ANET)$
These are just 3 of the high powered AI Stocks in ARTY out of a total number of 50. At just USD 37.79 per share, ARTY is a lot cheaper than investing in say Broadcom which is USD 240.91 per share.
Wall Street Analysts are bullish on ARTY with a Buy rating, Average Target price of USD 42.69, an upside potential of 13% according to 53 analysts surveyed by Tipranks.
Heading towards 2025, I believe that ARTY has lots of exponential growth ahead as AI is still in its early stage of growth. With $ISHARES FUTURE AI & TECH ETF(ARTY)$ I can ride the AI wave for minimum cost yet maximum power!
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