Three guests that explore a range of ETF-related topics are interviewed by host Nate Geraci in this episode of ETF Prime. The importance of AI on various industries, including ETFs, is highlighted by Tom Hendrickson from VettaFi as he discusses the upcoming artificial intelligence conference. The symposium’s goal is to give investors information on how AI will impact them. Hendrickson highlights the considerable attention and importance AI has received this year in the banking sector and elsewhere.
The two types of AI ETFs—those that invest using AI and those that invest in AI-focused businesses—are discussed by Geraci and Hendrickson. They provide specific ETFs that fall under each category, such as Roundhill Generative AI & Technology ETF (CHAT) and QRAFT AI-Pilot U.S. Large Cap Dynamic Beta and Income ETF (AIDB). Hendrickson also lists tickers like Global X Artificial Intelligence & Technology ETF (AIQ), WisdomTree Artificial Intelligence and Innovation Fund (WTAI), and ROBO Global Robotics & Automation Index ETF (ROBO) that have seen greater investor involvement on VettaFi platforms.
Next, Geraci discusses their indexing business with Nick Gendron from Bloomberg. With almost a trillion dollars in assets, 440 ETFs throughout the world use Bloomberg to run their index. The effect of Bloomberg indexes on the fixed income asset class and other industries is covered by Gendron. He emphasizes that one of the keys to their diversification throughout the range of ETFs is their capacity to execute on diverse asset classes. They also talk about other ETF-related subjects, innovation, and adjustments to the fixed income market.
Garrett Paolella, co-founder and managing partner at NEOS Investments, joins Geraci to wrap out the program. In its first year of operation, NEOS offered three ETFs with a combined asset value of about $360 million. They explore two well-known NEOS funds that let investors express their market opinions on risk and income: NEOS S&P 500 High Income ETF (SPYI) and NEOS Enhanced Income Cash Alternative ETF (CHSI). The NEOS Enhanced Income Aggregate Bond ETF (BNDI), which offers exposure to core or aggregate bonds, is also mentioned by Paolella. Tax philosophies and Paolella’s observations on the situation of the market are discussed.
Overall, this episode of ETF Prime offers light on a variety of ETF-related topics, including artificial intelligence, Bloomberg’s indexing business, and NEOS ETFs.
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