ETFs with exposure to AI companies
Since Reflection AI is a privately held company, investors can't gain exposure to the stock through an exchange-traded fund (ETF). There's no need to despair, though, since there are AI ETFs that provide exposure to stocks closely related to Reflection AI.
- Global X Artificial Intelligence and Technology ETF (AIQ +0.52%): The Global X Artificial Intelligence and Technology ETF is a fund that focuses on companies that can prosper from the integration of AI technology in their products and services, in addition to those that offer AI-powered hardware that enables large-scale data analysis. Advanced Micro Devices (AMD +3.74%) is the largest position in the ETF with a 4.2% weighting. The fund also provides exposure to Alphabet and Microsoft (MSFT +1.21%), two companies developing AI tools for software development similar to what Reflection AI is developing. With about $7 billion in net assets, the ETF has an expense ratio of 0.68%.
- iShares Future AI and Tech ETF (ARTY +0.92%): Providing exposure to a wide range of AI stocks, the iShares Future AI and Tech ETF includes companies at the forefront of generative AI, AI data and infrastructure, AI software, and AI services. Advanced Micro Devices is the largest position in the ETF, while Alphabet and Microsoft also represent sizable positions. The ETF has approximately $1.9 billion in net assets and an expense ratio of 0.47%.
Both of the ETFs provide indirect exposure to Reflection AI, thanks to the inclusion of Nvidia among their holdings. The Global X Artificial Intelligence and Technology ETF and iShares Future AI and Tech ETF have Nvidia weightings of 2.9% and 4.6%, respectively.