Education
About Us
Working with TipRanks
Follow Us
AGIX - ETF AI Analysis
Top Page
KraneShares Artificial Intelligence & Technology ETF (AGIX)
Rating:64Neutral
Price Target:―
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)
AUM103.11M
RegionGlobal
Expense Ratio0.99%
Beta1.58
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. Volume26,779
30 Day Avg. Volume44,315
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
45.14Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering47
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 leaning heavily on tech titans like Alphabet and Nvidia, which are driving performance with their focus on AI and cloud innovation. Alphabet’s rising momentum and Nvidia’s steady gains in AI-powered data centers are bright spots for the fund. However, lagging names like Meta and ServiceNow are holding back returns, with bearish signals and valuation concerns weighing on their outlook. With a strong concentration in technology and communication services, this globally-focused ETF is a bet on the future of AI, though some holdings are struggling to keep pace.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Meta Platforms | 6.29% | $6.29M | $1.62T | 3.73% | 76 Outperform | |
| Microsoft | 5.07% | $5.07M | $3.56T | 5.14% | 79 Outperform | |
| Alphabet Class A | 4.38% | $4.39M | $3.74T | 56.73% | 85 Outperform | |
| Nvidia | 3.41% | $3.41M | $4.25T | 33.55% | 76 Outperform | |
| Tesla | 3.11% | $3.11M | $1.53T | 2.65% | 73 Outperform | |
| Amazon | 3.00% | $3.00M | $2.42T | -4.46% | 71 Outperform | |
| ServiceNow | 2.87% | $2.87M | $179.48B | -32.28% | 75 Outperform | |
| Palantir Technologies | 2.61% | $2.61M | $437.53B | 141.91% | 74 Outperform | |
| Apple | 2.61% | $2.61M | $4.11T | 9.19% | 79 Outperform | |
| Shopify | 2.45% | $2.45M | $213.68B | 37.87% | 77 Outperform |
AGIX Technical Analysis
Negative
―
Price Trends
37.15
Negative
35.72
Positive
31.80
Positive
Market Momentum
-0.02
Negative
42.21
Neutral
36.55
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For AGIX, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 36.00, equal to the 50-day MA of 37.15, and equal to the 200-day MA of 31.80, indicating a neutral trend. The MACD of -0.02 indicates Negative momentum. The RSI at 42.21 is Neutral, neither overbought nor oversold. The STOCH value of 36.55 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AGIX.
AGIX Peer Comparison
Comparison Results
Performance Comparison
AGIX
KraneShares Artificial Intelligence & Technology ETF
35.75
5.66
18.81%
BKGI
BNY Mellon Global Infrastructure Income ETF
―
―
―
CCNR
CoreCommodity Natural Resources ETF
―
―
―
ALAI
Alger AI Enablers & Adopters ETF
―
―
―
WGMI
Valkyrie Bitcoin Miners ETF
―
―
―
FBOT
Fidelity Disruptive Automation ETF
―
―
―
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: ―
Table of Contents