Rosenbluth Digs Into the Types of AI Funds of TD Ameritrade

Todd Rosenbluth appeared on TD Ameritrade to discuss artificial intelligence in advance of VettaFi’s upcoming August 30th AI Symposium.

“We at VettaFi are seeing really strong interest, really strong engagement toward all things AI,” Rosenbluth said. He explained that there are many ways to slice into the AI pie. One way is to focus on companies directly attempting to manifest the technology. Another is through ETFs with broad exposure that includes AI. Additionally, some ETFs use AI to make stock selections.

Why AI Right Now?

Asked why AI is important right now, Rosenbluth noted that beyond engagement on VettaFi’s platform, AI funds are also seeing flows. Two ETFs with direct exposure include the Global X Artificial Intelligence & Technology ETF (AIQ) and the iShares Robotics and Artificial Intelligence Multisector ETF (IRBO). Rosenbluth added, “These ETFs are performing really well; they are up there with some of the more growth-focused ETFs.” Disruptive tech ETFs with some exposure to AI and broader exposure include the Spear Alpha ETF (SPRX) and the BNY Mellon Innovators ETF(BKIV).