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AGIX - ETF AI Analysis
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KraneShares Artificial Intelligence & Technology ETF (AGIX)
Rating:66Neutral
Price Target:
$41.00
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered solid year-to-date gains, indicating strong overall performance in 2023.
High Exposure to Technology Sector
With over 60% of assets in technology, the ETF is positioned to benefit from growth in this innovative and high-performing sector.
Top Holdings Showing Positive Momentum
Several top holdings, such as Nvidia, Alphabet, and Meta, have shown strong year-to-date performance, supporting the fund's returns.
Negative Factors
High Expense Ratio
The ETF charges a relatively high expense ratio, which could eat into investor returns over time.
Over-Concentration in U.S. Market
With over 86% of assets in U.S. companies, the fund lacks significant global diversification, making it sensitive to domestic market conditions.
Underperforming Holdings
Some holdings, like ServiceNow and Amazon, have shown weak or negative year-to-date performance, potentially dragging down overall returns.
AGIX vs. SPDR S&P 500 ETF (SPY)
AUM95.87M
RegionGlobal
Expense Ratio0.99%
Beta1.56
IssuerKraneShares
Inception DateJul 18, 2024
Dividend YieldN/A
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume38,582
30 Day Avg. Volume42,281
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
46.05Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering53
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
AGIX Summary
The KraneShares Artificial Intelligence & Technology ETF (AGIX) focuses on companies leading advancements in robotics, artificial intelligence, and technology. It includes well-known names like Microsoft and Meta Platforms, along with other innovators in automation and machine learning. This ETF is ideal for investors looking to diversify their portfolios with exposure to futuristic themes and industries driving economic growth. However, new investors should be aware that AGIX is heavily concentrated in technology stocks, meaning its value can fluctuate significantly with changes in the tech sector.
How much will it cost me?The KraneShares Artificial Intelligence & Technology ETF (AGIX) has an expense ratio of 0.99%, meaning you’ll pay $9.90 per year for every $1,000 invested. This is higher than average because it is actively managed and focuses on a specialized niche like robotics and AI, which requires more research and expertise.
What would affect this ETF?The AGIX ETF, focused on AI and robotics, could benefit from increasing global adoption of artificial intelligence across industries, as well as advancements in technology from its top holdings like Microsoft and Nvidia. However, it may face challenges from regulatory scrutiny on AI development, economic slowdowns impacting tech spending, or rising interest rates that could weigh on growth-focused sectors. Its global exposure provides diversification but also subjects it to geopolitical risks and varying regional economic conditions.
AGIX Top 10 Holdings
The KraneShares Artificial Intelligence & Technology ETF (AGIX) is riding the wave of AI innovation, with tech giants like Microsoft and Nvidia driving its performance thanks to their strong growth in cloud services and AI infrastructure. Alphabet and Tesla are also contributing to the fund’s upward momentum, benefiting from bullish trends and advancements in AI and autonomy. However, Amazon and ServiceNow have been lagging, with mixed technical indicators and challenges in profitability weighing them down. With a heavy tilt toward technology and global exposure, this ETF is a bet on the future of AI and robotics.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Meta Platforms | 6.01% | $5.77M | $1.52T | 5.69% | 71 Outperform | |
| Microsoft | 5.49% | $5.28M | $3.77T | 18.84% | 82 Outperform | |
| Alphabet Class A | 4.13% | $3.97M | $3.44T | 59.60% | 80 Outperform | |
| Nvidia | 3.71% | $3.57M | $4.53T | 23.36% | 76 Outperform | |
| Amazon | 3.15% | $3.03M | $2.49T | 8.77% | 76 Outperform | |
| Tesla | 2.83% | $2.72M | $1.36T | 15.97% | 73 Outperform | |
| ServiceNow | 2.83% | $2.72M | $173.84B | -20.04% | 69 Neutral | |
| Apple | 2.56% | $2.46M | $3.95T | 17.15% | 80 Outperform | |
| Netflix | 2.49% | $2.39M | $467.33B | 30.94% | 69 Neutral | |
| Palantir Technologies | 2.48% | $2.39M | $408.16B | 169.36% | 69 Neutral |
AGIX Technical Analysis
Neutral
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Price Trends
37.33
Negative
34.96
Positive
31.29
Positive
Market Momentum
-0.53
Positive
35.00
Neutral
14.19
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For AGIX, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 37.66, equal to the 50-day MA of 37.33, and equal to the 200-day MA of 31.29, indicating a neutral trend. The MACD of -0.53 indicates Positive momentum. The RSI at 35.00 is Neutral, neither overbought nor oversold. The STOCH value of 14.19 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AGIX.
AGIX Peer Comparison
Comparison Results
Performance Comparison
AGIX
KraneShares Artificial Intelligence & Technology ETF
35.24
7.78
28.33%
AIFD
TCW Artificial Intelligence ETF
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YNOT
Horizon Digital Frontier ETF
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IQM
Franklin Intelligent Machines ETF
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TEKY
Lazard Next Gen Technologies ETF
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JHAI
Janus Henderson Global Artificial Intelligence ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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