Yes, the sectors ebb and flow among all of the sector types; to the extent that pieces of the pie within a particular sector have their internal movements that shape these sectors as they move through the world of demand and being in or out of favor for reasons of a more pure technical nature.
One half of our equity exposure remains in technology.
Enjoy and good evening,
Catch
ADD/EDIT: I agree with Ted that the article is a bit clunky in properly expressing the full intent of its subject matter. An example: Although directly and/or somewhat inclusive by the nature of its holdings, etf BOTZ (listed in linked article); has a primary investment focus towards industrial robotics, globally. These devices function either directly or associated with some form of artificial or machine intelligence.
With the large number of thematic investments available today for we regular investors; the overlaps and descriptions of how much of what is included in a particular fund to make it a valid theme is going to vary and float with its investment holdings. Today, especially with active managed technology funds, as well as growth funds; one must consider and know that "x" number of the holdings will have some direct exposure to A.I. or M.L. companies.
Okay, time for the special springtime chores at this house.
ETF list
Comments
Artificial Intelligence ETFs are funds that meet at least one of the following three criteria:
They are funds that specifically invest in companies involved in the development of new products or services, technological improvements in scientific research related to artificial intelligence, or
They are funds that have at least 25% of portfolio exposure to companies that spend large amounts on artificial intelligence research and development (R&D) expenses. Examples of such companies are Amazon, Tesla Motors, Apple and Alphabet, or
They are funds that use artificial intelligence methodologies to select individual securities for inclusion into the fund.
Regards,
Ted