Salesforce’s (CRM) growth is driven by its expanding AI tools, strong cloud offerings, and smart acquisitions. Rising demand for its products is also expected to boost overall revenue. Thus, this might be the right time to consider CRM stock, especially through exchange-traded funds (ETFs) that offer diversified exposure without the risk of holding the stock directly.
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Investors seeking exposure to CRM stock may consider the SoFi Agentic AI ETF (AGIQ) and the iShares Expanded Tech-Software Sector ETF (IGV). Let’s take a deeper look at these two ETFs.
SoFi Agentic AI ETF
The AGIQ ETF gives exposure to companies driving the next wave of autonomous artificial intelligence. Launched earlier this month, the ETF tracks the BITA US Agentic AI Select Index, which includes U.S. firms that derive at least 30% of their revenue from agentic AI technologies. Importantly, Salesforce stock accounts for 5.51% of AGIQ’s total holdings.
Some of the top holdings in AGIQ ETF include Nvidia (NVDA), Tesla (TSLA), and Arista (ANET). Overall, the ETF has $2.03 million in assets under management (AUM). Also, it has an expense ratio of 0.69%. The AGIQ ETF has gained 2.1% since its launch.
Turning to Wall Street, the ETF has a Moderate Buy consensus rating. Of the 26 stocks held, 19 have Buy ratings and seven have Hold ratings. At $22.58, the average AGIQ ETF price target implies a 9.12% upside potential.
iShares Expanded Tech-Software Sector ETF
The IGV ETF provides exposure to the software sector, benefiting from growth in cloud computing, AI, and enterprise solutions. It tracks the S&P North American Expanded Technology Software Index, offering exposure to leading tech firms.
CRM stock constitutes 6.83% of the ETF’s holdings. Apart from CRM, some of the top stocks in the IGV ETF are Microsoft (MSFT), Palantir (PLTR), and Oracle (ORCL). Overall, the ETF has $9.48 billion in AUM. Also, it has an expense ratio of 0.39%. The IGV ETF has returned 28.52% over the past year.
Turning to Wall Street, the ETF has a Moderate Buy consensus rating. Of the 114 stocks held, 94 have Buy ratings, 19 have Hold ratings, and one has a Sell rating. At $131.54, the average IGV ETF price target implies a 17.79% upside potential.
Concluding Thoughts
ETFs provide a diversified way to invest in Salesforce stock, reducing risk compared to investing directly in the stock. Furthermore, ETFs are a low-cost, liquid, and transparent way to participate in the market. Investors seeking ETF recommendations might consider IGV and AGIQ, as these ETFs offer significant exposure to CRM stock.