Investors keen to get even deeper into the AI revolution have new AI-powered ETFs to choose from.
If buying AI-focused companies is not enough, investors can now opt for bots to manage their funds for them.
Fintech firm Qraft has unleashed a new AI-managed ETF that aims to minimize downside losses for investors through its algorithms. The QRAFT AI-Pilot U.S. Large Cap Dynamic Beta and Income ETF launched on the NYSE Arca under the ticker “AIDB.”
AIDB’s exposure between US Large Cap equities and cash/cash equivalents is adjusted weekly to shield investors from sudden sell-offs and price drops. AIDB harnesses over 70 macro and market data sets to adjust exposure to large-cap U.S. stocks dynamically. It monitors real-time market risk signals to optimize price performance, including momentum, volatility, and correlation.
According to the fund’s investment thesis, its algorithms can “uncover patterns and signals amid massive data set that humans alone cannot discover.”
The fund’s founder believes cool, algorithmic precision can be an antidote for the fallibility of human traders’ intuition.