Three AI-focused ETFs surpass Nasdaq 100 returns in 2026, driven by exposure to foreign chip suppliers excluded from the index.
Three AI-themed ETFs—Invesco AI and Next Gen Software ETF (IGPT), Roundhill Generative AI & Technology ETF (CHAT), and Global X Artificial Intelligence & Technology ETF (AIQ)—have delivered year-to-date gains of 47%, 39%, and undisclosed, respectively, outpacing the Nasdaq 100’s 11% rise. None rely on a single stock exceeding 7% of assets, avoiding the top-heavy exposure common in thematic funds.
The Nasdaq 100’s exclusion of foreign chip suppliers like Samsung, TSMC, and SK hynix has created a structural gap. AI ETFs capturing these stocks benefit from their strong performance, driving outperformance despite higher fees. The Nasdaq 100’s 11% gain in 2026 reflects a challenging year for speculative growth, setting a baseline for AI fund comparisons.
These ETFs demonstrate that diversified exposure to global AI infrastructure can yield stronger returns than the Nasdaq 100, even without concentrated bets on individual stocks.