Looking for the Right ETF? Here are three Outperform picks, with at least 10% upside potential, according to TipRanks’ ETF AI Analyst.
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Using the ETF Comparison Tool, the chart below shows a side-by-side comparison of these ETFs across key metrics.
- Franklin Exponential Data ETF (XDAT) — This fund offers exposure to companies that are leading in the field of big data, data infrastructure, data analytics, and cutting-edge areas, such as artificial intelligence (AI), and augmented and virtual reality. The ETF AI analyst has a price target of $30 on the XDAT ETF, indicating an upside potential of 16.01%. The bullish outlook is based on strong contributions from holdings like Microsoft (MSFT) and Alphabet (GOOGL), which are backed by solid financial performance, AI strategic investments, cloud services, and positive earnings sentiment.
- iShares Technology Opportunities Active ETF (TEK) — The TEK ETF is suitable for investors seeking long-term capital appreciation and offers exposure to established leaders and high-growth disruptors in the tech sector. The ETF AI analyst currently has a price target of $34 on TEK, suggesting 11.26% upside. Nvidia (NVDA), the fund’s largest holding, is a significant contributor to its rating. Another top holding worth noting is Microsoft, which is gaining from its focus on cloud and AI.
- NestYield Dynamic Income Shield ETF (EGGY) — The fund is built for investors seeking high monthly income without sacrificing long-term growth potential. It targets an average annual yield of 25%, through a “selective” covered call strategy applied to a portfolio of 10 to 25 of NestYield’s “highest-conviction” holdings. The ETF AI analyst has a price target of $43 on the EGGY ETF, indicating an upside potential of about 19.6%. The AI Analyst’s Outperform rating is based on strong contributions from holdings like Nvidia and Advanced Micro Devices (AMD), which are gaining from AI tailwinds.
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