Is the Roundhill Generative AI & Technology ETF a Millionaire Maker?
The whole point of the Roundhill Generative AI & Technology ETF (NYSEMKT: CHAT) is to be aligned with the current artificial intelligence (AI) zeitgeist. However, before you invest in this thematic exchange-traded fund (ETF) expecting it to make you a millionaire, you might want to consider how some previous hot themes on Wall Street have played out.The Roundhill Generative AI & Technology ETF is an actively managed fund that invests in exactly what its name suggests. According to its website, "Roundhill believes that generative artificial intelligence will be one of the most impactful technological innovations of the coming decades, driving productivity growth across the global economy." That might just be true.Image source: Getty Images.Continue reading
The whole point of the Roundhill Generative AI & Technology ETF (NYSEMKT: CHAT) is to be aligned with the current artificial intelligence (AI) zeitgeist. However, before you invest in this thematic exchange-traded fund (ETF) expecting it to make you a millionaire, you might want to consider how some previous hot themes on Wall Street have played out.
The Roundhill Generative AI & Technology ETF is an actively managed fund that invests in exactly what its name suggests. According to its website, "Roundhill believes that generative artificial intelligence will be one of the most impactful technological innovations of the coming decades, driving productivity growth across the global economy." That might just be true.
Image source: Getty Images.
