1 Artificial Intelligence (AI) ETF to Buy With $40 During the S&P 500 Bull Market
The S&P 500 is trading near its all-time high, posting an 18% gain in 2024 so far. The index is weighted by market capitalization, which means the largest companies have a greater influence over its performance.
Nvidia, for example, makes up 6.7% of the S&P 500, and the 167% jump in Nvidia's stock price this year is responsible for one-third of the entire gain in the index. In other words, investors who don't have exposure to Nvidia and its big-tech peers have likely underperformed the broader market.
Fortunately, exchange-traded funds (ETFs) offer a simple way to add that exposure to any portfolio. The Roundhill Generative AI and Technology ETF (NYSEMKT: CHAT) holds every popular artificial intelligence (AI) stock, and investors can pick up a single share for under $40.
Source Fool.com