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What’s Next for the AIQ ETF
AIQ holds 80 stocks and as is the case with many thematic ETFs, the fund is not explicitly dedicated to one sector. With AI’s wide-ranging applications, multiple sectors can be part of the AI investment thesis. However, the technology and communication services sectors combine for over 77% of AIQ’s roster.
The industrial, automotive and retail industries, among others, will be impacted by AI. Healthcare is part of that group, too.
“Applying AI to the US health care system could result in $150 billion in annual savings by 2026 and improvements in patient outcomes,” according to Global X. “From robot-conducted surgery, aided by integrating diagnostic imaging and pre-op medical data, to virtual nursing assistants that help with initial diagnoses and patient logistics, AI is expected to revolutionize a variety of aspects of health care.”
For more thematic investment strategies, visit our Thematic Investing Channel.