What do you think of the new AI Etf CHAT from Roundhill

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Here are the holdings https://www.roundhillinvestments.com/etf/chat/full-holdings

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Asked on May 30, 2023 3:28 pm
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It's certainly an interesting ETF. I do like the top end holdings. It has fairly small AUM, coming in at just $22M. Generally, I do not touch actively managed funds until they have multiple years of history.

With this being an AI hype situation, it is likely you'd miss out on short-term gains if you deployed my strategy, but I'm not too worried about missing out on this one. Many AI stocks have ran up significantly in value and are trading at valuations that are, in my opinion, unsustainable.

If you want AI exposure, it's a solid option. For me, it's a hard pass.

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Posted by Dan Kent
Answered on June 1, 2023 9:52 am