AMEX : AIEQ
$0.2 (0.39%)
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AIEQ: Sophisticated AI-Driven Strategy That Underperforms
Amplify AI Powered Equity ETF tracks the AI Powered Equity Index, which selects constituents using the model that runs on the IBM Watson platform. Despite having a strategy powered by AI, AIEQ has not demonstrated consistent outperformance versus IVV and QQQ. It has trailed the former by close to 12% since January 2024. I remain neutral on AIEQ owing to its clearly disappointing performance, gargantuan turnover of 804%, and high expense ratio of 75 bps. seekingalpha.com - 2026-06-17 21:51:54 |