The Global X Artificial Intelligence & Technology ETF (AIQ) manages approximately $7.7 billion in assets, making it one of the largest dedicated AI-focused index funds available. Launched in late 2018, AIQ has attracted significant capital from institutional and retail investors seeking pure-play exposure to generative AI and related technologies. Its expense ratio of 0.68% is above average for broad-based index funds but remains competitive for a niche strategy that targets a rapidly expanding segment of the market.

AIQ holds 86 individual stocks across hardware, software, semiconductor, and services sub-sectors. Unlike many tech or communications ETFs that concentrate heavily in the largest mega-caps, AIQ limits its top holding—South Korean electronics giant Samsung—to roughly 5% of total net assets. Other top ten positions include Alphabet, Micron, Taiwan Semiconductor Manufacturing Company and Advanced Micro Devices, each representing between 2.5% and 4% of the fund, ensuring investors are not overly exposed to any single name while maintaining a focus on companies driving AI innovation.

AIQ tracks an index that selects companies based on AI-related revenue exposure and R&D intensity. Constituents must derive at least 15% of revenues from AI or adjacent technologies and demonstrate substantial investment in AI research. The fund undergoes a semiannual rebalance each June and December, during which holdings are reviewed and adjusted to reflect changes in AI adoption, financial performance and market capitalization, ensuring alignment with evolving industry leaders and mitigating drift toward legacy tech names.