This Artificial Intelligence (AI) ETF Has Nearly Doubled Since April. Is It Time to Stock Up?

Group 1 - The artificial intelligence (AI) sector has seen significant growth, with AI stocks potentially having further upside if the industry stabilizes [1] - The iShares Future AI and Tech ETF (NYSEMKT: ARTY) has nearly doubled in price since April, indicating strong performance this year [2][6] - The ETF comprises 48 stocks linked to the AI industry, focusing on areas such as AI data, infrastructure, software, services, and generative AI [4] Group 2 - Investing in an AI-focused ETF can reduce risk compared to purchasing individual stocks due to diversification across multiple companies [5] - The iShares Future AI and Tech ETF has delivered over 70% total returns since April, showcasing its lucrative performance [6] - Despite promising returns, the AI sector is characterized by high volatility, with the ETF experiencing a decline of nearly 56% from February 2021 to October 2022 [8][9] Group 3 - The ETF offers a way to gain exposure to AI companies without the need to research individual stocks, although investors should be prepared for volatility [10]