AI stock funds outperform markets early on
A small group of exchange traded funds managed entirely by artificial intelligence models are outperforming major market indexes in early trading. However, financial advisers remain cautious due to short track records and above average fees.
Xurve View
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Xurve View
A handful of fund managers launched AI-powered ETFs managing $30M to trade stocks faster than humans. These bots represent a tiny fraction of the $17T industry, yet 91% of asset managers plan to increase AI tools. Early returns are beating the S&P 500, but advisers warn about unproven risk management during down markets.
