Business Insider: “An artificial-intelligence powered ETF has smashed the S&P 500 in the last month – without any meme stocks”By admin_45 in IN THE NEWS
Excerpt from Business Insider quoting DataTrek co-founder Jessica Rabe:
.... "An exchange-traded fund that uses artificial intelligence in identifying the most promising US equities has blasted past the S&P 500 in returns for the past month - without any meme stocks in its holdings, analysis by DataTrek showed.
The AIEQ ETF's performance for the past month has been especially strong, and as of Monday, the 1-month return for the fund was 10.6%, compared with 2% for the S&P 500. The 1-year return was 50.1%, while it was 39.9% for the index, DataTrek found"....
Read the full article here on Business Insider!