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The Investment Styles and Performance of AI-Related ETFs: Analyzing the Impact of Active Management

Author

Listed:
  • Nikoletta Poutachidou

    (Department of Economics, University of Thessaly, 38221 Volos, Greece)

  • Alexandros Koulis

    (School of Social Sciences, Hellenic Open University, 26331 Patras, Greece)

Abstract

This paper studies the performance of ETFs that invest in companies involved in artificial intelligence (AI) technologies, such as firms focused on AI research, development, and applications. Using daily data from 15 American ETFs focused on AI-related companies over the period from 1 February 2019 to 29 December 2023, this paper investigates their investment style characteristics through a returns-based style analysis (RBSA). This study offers detailed insights into the degree of active versus passive management and highlights strategic patterns that may guide investment decisions in AI-themed financial products. We highlight that asset selection drives fund performances more than active management strategies, offering practical insights for investors and policymakers.

Suggested Citation

  • Nikoletta Poutachidou & Alexandros Koulis, 2025. "The Investment Styles and Performance of AI-Related ETFs: Analyzing the Impact of Active Management," FinTech, MDPI, vol. 4(2), pages 1-17, May.
    • Handle: RePEc:gam:jfinte:v:4:y:2025:i:2:p:20-:d:1667381
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    References listed on IDEAS

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    Cited by:

    1. Vasiliki Basdekidou & Harry Papapanagos, 2025. "SEP and Blockchain Adoption in Western Balkans and EU: The Mediating Role of ESG Activities and DEI Initiatives," FinTech, MDPI, vol. 4(3), pages 1-48, August.

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