The Artificial Intelligence market is projected to reach US$305.90bn in 2024 with an annual growth rate (CAGR 2024-2030) of 15.83%, resulting in a market volume of US$738.80bn by 2030.1
AI is quickly expanding beyond data centers, enabling innovative commercial applications in diverse sectors, including Agriculture, Health Care, and beyond. Forecasts indicate that over 729mn individuals will use AI tools by 2030, up 254mn from 2023.2
Artificial intelligence spans multiple segments, and its most innovative companies include both household names and newcomers from around the world. GXAI invests accordingly and is unconstrained with respect to sector and geography.
1 Statista, Nov 2023.
2 Statista, Feb 2024.
Inception Date | 8 Apr 2024 |
Management Costs (% p.a.) | 0.57 |
Currency Hedged | No |
Domicile | Australia |
Legal Form | Managed Investment Scheme |
SMSF Eligible | Yes |
NAV/Unit (A$) | 10.50370000 |
Currency (NAV) | AUD |
Shares Outstanding | 1,950,000 |
AUM (A$) | 20,482,158.33 |
NAV History File | View |
The Global X Artificial Intelligence ETF (GXAI) seeks to invest in companies that potentially stand to benefit from the further development and utilisation of artificial intelligence (AI) technology in their products and services, as well as in companies that provide hardware facilitating the use of AI for the analysis of big data.
The Global X Artificial Intelligence ETF (GXAI) seeks to provide investors with a return that (before fees and expenses) tracks the performance of the Indxx Artificial Intelligence & Big Data Index.
Ticker | GXAI |
Bloomberg Code | GXAI AU Equity |
ISIN | AU0000324113 |
Trading Hours | 10:00AM – 4:00PM |
Issuer | Global X Management (AUS) Limited |
Custodian | The Hongkong and Shanghai Banking Corporation Limited, Sydney Branch |
Registrar | Computershare Investor Services Pty Limited |
Benchmark | Indxx Artificial Intelligence & Big Data Index |
Provider | Indxx Inc |
Ticker | IAIQ |
Distribution Frequency | Semi-Annually |
Total Return (Fund) | Total Return (Benchmark) | Tracking Difference | Tracking Error | |
---|---|---|---|---|
1 Month | 7.49% | 7.56% | -0.07% | 0.67% |
3 Months | -- | -- | -- | -- |
1 Year | -- | -- | -- | -- |
3 Year p.a. | -- | -- | -- | -- |
5 Year p.a. | -- | -- | -- | -- |
10 Year p.a. | -- | -- | -- | -- |
Since Inception | 5.04% | 5.09% | -0.06% | 0.67% |
Net Assets (%) | Name | SEDOL | Market Price (Local) | Shares Held | Market Value (A$) |
---|---|---|---|---|---|
5.51 | NVIDIA CORP | 2379504 | 124.30 | 6,036 | 1,128,148 |
3.66 | NETFLIX INC | 2857817 | 673.61 | 741 | 750,538 |
3.63 | TENCENT | BMMV2K8 | 372.40 | 10,464 | 750,013 |
3.59 | BROADCOM INC | BDZ78H9 | 1,640.80 | 298 | 735,221 |
3.47 | QUALCOMM INC | 2714923 | 200.03 | 2,366 | 711,632 |
3.47 | META PLATFORMS-A | B7TL820 | 504.68 | 937 | 711,052 |
3.40 | ORACLE CORP | 2661568 | 143.09 | 3,241 | 697,323 |
3.37 | AMAZON.COM INC | 2000019 | 197.20 | 2,327 | 690,000 |
3.31 | ALPHABET INC-A | BYVY8G0 | 182.99 | 2,466 | 678,525 |
3.05 | MICROSOFT CORP | 2588173 | 456.73 | 909 | 624,265 |
2.96 | APPLE INC | 2046251 | 216.75 | 1,859 | 605,877 |
2.79 | SAMSUNG ELECTRON | 6771720 | 81,800.00 | 6,415 | 571,992 |
2.79 | SERVICENOW INC | B80NXX8 | 788.96 | 482 | 571,805 |
2.68 | IBM | 2005973 | 175.10 | 2,081 | 547,903 |
2.66 | TESLA INC | B616C79 | 209.86 | 1,729 | 545,595 |
2.60 | ALIBABA GRP-ADR | BP41ZD1 | 72.18 | 4,903 | 532,138 |
2.50 | ADOBE INC | 2008154 | 560.01 | 607 | 511,129 |
2.47 | SALESFORCE INC | 2310525 | 256.21 | 1,311 | 505,062 |
2.45 | CISCO SYSTEMS | 2198163 | 47.52 | 7,009 | 500,816 |
2.36 | SIEMENS AG-REG | 5727973 | 177.12 | 1,692 | 483,496 |
2.27 | UBER TECHNOLOGIE | BK6N347 | 71.10 | 4,346 | 464,628 |
2.26 | MICRON TECH | 2588184 | 131.52 | 2,336 | 461,966 |
2.17 | ACCENTURE PLC-A | B4BNMY3 | 302.55 | 975 | 443,555 |
1.91 | SK HYNIX INC | 6450267 | 235,500.00 | 1,528 | 392,242 |
1.68 | INTEL CORP | 2463247 | 30.84 | 7,422 | 344,176 |
1.43 | SYNOPSYS INC | 2867719 | 601.75 | 323 | 292,257 |
1.31 | CADENCE DESIGN | 2302232 | 310.92 | 574 | 268,353 |
1.26 | MEITUAN-W | BGJW376 | 111.10 | 11,902 | 254,504 |
1.21 | SHOPIFY INC - A | BXDZ9Z0 | 64.63 | 2,549 | 247,714 |
1.19 | THOMSON REUTERS | BNBXPB4 | 168.07 | 962 | 243,115 |
1.06 | NXP SEMICONDUCTO | B505PN7 | 265.67 | 546 | 218,113 |
0.75 | INFINEON TECH | 5889505 | 34.37 | 2,769 | 153,520 |
0.73 | WORKDAY INC-A | B8K6ZD1 | 224.72 | 443 | 149,689 |
0.71 | FORTINET INC | B5B2106 | 59.85 | 1,625 | 146,239 |
0.70 | SUPER MICRO COMP | B1VQR35 | 812.32 | 117 | 142,909 |
0.67 | TRADE DESK INC-A | BD8FDD1 | 97.97 | 937 | 138,032 |
0.66 | EXPERIAN PLC | B19NLV4 | 36.48 | 1,950 | 135,250 |
0.65 | FUJIKURA LTD | 6356707 | 3,118.00 | 4,495 | 130,353 |
0.63 | WOLTERS KLUWER | 5671519 | 153.55 | 521 | 129,066 |
0.61 | DATADOG INC-A | BKT9Y49 | 130.50 | 639 | 125,388 |
0.54 | GE HEALTHCARE TE | BL6JPG8 | 76.26 | 961 | 110,196 |
0.51 | FUJITSU LTD | 6356945 | 2,556.50 | 4,400 | 104,620 |
0.50 | CELESTICA INC | BMDLRD5 | 57.79 | 1,186 | 103,058 |
0.46 | ROCKWELL AUTOMAT | 2754060 | 265.52 | 235 | 93,823 |
0.45 | ZSCALER INC | BZ00V34 | 198.62 | 312 | 93,180 |
0.43 | FANUC CORP | 6356934 | 4,413.00 | 2,135 | 87,629 |
0.43 | HEWLETT PACKA | BYVYWS0 | 21.16 | 2,745 | 87,338 |
0.42 | EBAY INC | 2293819 | 52.68 | 1,092 | 86,500 |
0.38 | BAIDU INC-SP ADR | B0FXT17 | 86.21 | 599 | 77,648 |
0.36 | NEC CORP | 6640400 | 13,250.00 | 584 | 71,969 |
0.35 | SNAP INC - A | BD8DJ71 | 16.02 | 2,935 | 70,700 |
0.33 | SEAGATE TECHNOLO | BKVD2N4 | 102.44 | 444 | 68,391 |
0.33 | PEGASYSTEMS INC | 2675860 | 59.27 | 756 | 67,376 |
0.32 | RAKUTEN GROUP IN | 6229597 | 861.40 | 8,206 | 65,743 |
0.32 | ZEBRA TECH CORP | 2989356 | 306.21 | 142 | 65,381 |
0.32 | WIX.COM LTD | BFZCHN7 | 157.32 | 275 | 65,052 |
0.31 | CYBERARK SOFTWAR | BQT3XY6 | 269.67 | 156 | 63,256 |
0.31 | HUBBELL INC | BDFG6S3 | 359.14 | 117 | 63,182 |
0.30 | ERICSSON LM-ADR | 2031730 | 6.26 | 6,510 | 61,278 |
0.30 | VERINT SYSTEMS | 2849193 | 32.62 | 1,236 | 60,624 |
0.30 | AMPLIFON SPA | B14NJ71 | 33.22 | 1,131 | 60,616 |
0.30 | OKTA INC | BDFZSP1 | 94.55 | 426 | 60,564 |
0.29 | C3.AI INC-A | BMGNBJ2 | 28.61 | 1,372 | 59,023 |
0.28 | SOCIONEXT INC | BMTVX75 | 3,849.00 | 1,673 | 59,891 |
0.28 | ADVANTECH | 6202673 | 368.00 | 3,328 | 56,584 |
0.28 | TOSHIBA TEC CORP | 6894887 | 3,425.00 | 1,769 | 56,351 |
0.27 | INFORMATICA IN-A | BMG95P4 | 30.45 | 1,207 | 55,264 |
0.27 | CCC INTELLIGENT | BP4CXL8 | 11.10 | 3,288 | 54,878 |
0.25 | ACER INC | 6005850 | 47.45 | 23,919 | 52,437 |
0.25 | SMARTSHEET INC-A | BFZND98 | 44.50 | 780 | 52,192 |
0.25 | PROCORE TECHNOLO | BLH11J8 | 66.19 | 507 | 50,460 |
0.25 | AMBARELLA INC | B7KH3G6 | 53.61 | 624 | 50,301 |
0.24 | DOCUSIGN INC | BFYT7B7 | 55.14 | 585 | 48,503 |
0.23 | GLOBAL UNICHIP | B056381 | 1,580.00 | 665 | 48,545 |
0.23 | GENPACT LTD | B23DBK6 | 32.04 | 999 | 48,129 |
0.23 | TIETOEVRY OYJ | 5479702 | 18.38 | 1,582 | 46,911 |
0.22 | DXC TECHNOLOGY C | BYXD7B3 | 18.62 | 1,575 | 44,097 |
0.21 | TWILIO INC - A | BD6P5Q0 | 56.75 | 493 | 42,069 |
0.19 | TERADATA CORP | B247H10 | 34.70 | 756 | 39,445 |
0.19 | TEMENOS AG-REG | 7147892 | 62.50 | 365 | 37,943 |
0.18 | STONECO LTD-A | BGKG6M3 | 11.73 | 2,120 | 37,392 |
0.17 | ALCHIP TECH | B4TPSL0 | 2,495.00 | 303 | 34,928 |
0.15 | UIPATH INC -CL A | BMD02L5 | 12.88 | 1,539 | 29,806 |
0.14 | VIASAT INC | 2946243 | 12.58 | 1,504 | 28,449 |
Sector | Weight (%) | |
---|---|---|
Information Technology | 63.6 | |
Communication Services | 15.5 | |
Consumer Discretionary | 10.6 | |
Industrials | 9.2 | |
Health Care | 0.8 | |
Financials | 0.2 | |
Other/Cash | 0.1 |
Country | Weight (%) | |
---|---|---|
United States | 71.2 | |
China | 7.9 | |
South Korea | 4.7 | |
Germany | 3.1 | |
Canada | 2.9 | |
Japan | 2.8 | |
Ireland | 2.8 | |
Netherlands | 1.7 | |
Taiwan | 0.9 | |
Israel | 0.6 | |
Sweden | 0.3 | |
Other/Cash | 1.1 |
Global X Management (AUS) Limited (“Global X”) (Australian Financial Services Licence Number 466778, ACN 150 433 828) is the product issuer. Offers of interests in any retail product will only be made in, or accompanied by, a Product Disclosure Statement (PDS). In respect of each retail product, Global X has prepared a target market determination (TMD). Each PDS and TMD is available at www.globalxetfs.com.au. The information on this website is general in nature only and does not take into account your personal objectives, financial situations or needs. Before acting on any information, you should consider the appropriateness of the information having regard to your objectives, financial situation or needs and consider seeking independent financial, legal, tax and other relevant advice having regard to your particular circumstances. Any investment decision should only be made after obtaining and considering the relevant PDS and TMD. Investments in any product issued by Global X are subject to investment risk, including possible delays in repayment and loss of income and principal invested. The value or return of an investment will fluctuate and an investor may lose some or all of their investment. Past performance is not a reliable indicator of future performance.