AISeeking Alphaabout 4 hours ago
AIEQ: Sophisticated AI-Driven Strategy That Underperforms
1 min read
The Amplify AI Powered Equity ETF (AIEQ) uses IBM Watson to select stocks but has underperformed the iShares Core S&P 500 ETF (IVV) by nearly 12% since January 2024. The fund carries an 804% turnover rate and a 75 basis point expense ratio. The analyst rates AIEQ a Hold.
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