Invest in AI With This Promising ETF

The rise of artificial intelligence started to produce headlines in the 2010s, but we are about to see its development reach new heights over the course of this decade.

It is difficult to register just how big this growth will be since AI has such broad application across markets. For example, Meticulous Research projects that AI in the Healthcare Market will achieve a CAGR of 43.5% from 2018 to 2025.

A report from Fortune Business Insights forecasts that the global AI market will reach $202.57 billion U.S. by 2026. This would exhibit a CAGR of 33.1% during the forecast period. These reports give some indication of how explosive this market could be in the coming years.

For those who want to get in on this surge, the Global X Robotics and Artificial Intelligence ETF (NASDAQ:BOTZ) may be just what the doctor ordered. The ETF has been a high performer since its inception. Shares soared 58% in 2017, suffered a 27% dip in 2018, but have since climbed 31% in 2019 and 4% so far in 2020.

The ETF seeks to invest in companies that potentially stand to benefit from increased adoption and utilization of robotics and artificial intelligence. Some of its top holdings include Nvidia (NASDAQ:NVDA), Keyence Corp, Dynatrace Inc, (NYSE:DT) and Fanuc Corp.

This is an ETF that has fantastic potential over the course of the 2020s. Investors who are hungry for AI exposure should consider adding this one in the near future.