Reuters · October 14, 2026

Fewer Than Six ETFs Rely Solely on AI for Stock Selection, Managing About $30 Million

• Fewer than six exchange-traded funds, collectively managing about $30 million of the ETF industry's nearly $17 trillion in assets, rely solely on AI models for research and stock selection, according to the report.
• In a Mercer survey earlier this year, 91% of asset managers reported plans to increase their use of AI-based portfolio management tools this year, according to the report.
• Ai Funds launched the High Conviction US Equity AI-Managed ETF in August. The fund had attracted less than $20 million in assets, according to ETF.com data cited in the report, and was up 2.7% since its August 21 launch, compared with a 1.1% gain for the S&P 500 in the same period, according to the report.
• Two AI-managed funds launched by FinQ in February had risen 25.35% and 23.98% since inception, compared with an 11.0% gain for the S&P 500 over that period, according to the report.
• Pictet Asset Management launched an AI-enhanced U.S. equity ETF in February that had attracted $163 million in assets and gained 14.8%, compared with 11.4% for the S&P 500, according to the report.
• ETF analyst Todd Sohn of Strategas said proof for the approach would depend on risk management in a down market, and financial adviser Jeff Judge said advisers are more comfortable with AI informing a decision than making it, according to the report.

Fund, asset, and performance figures via the fund managers and ETF.com, as cited in the original report. This card is based on the accessible portion only. Original headline: "AI-powered stock funds bet bots can pick stocks faster and better than humans".