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Launch3d ago

WisdomTree Launches AI and Robotics ETF

Yahoo Finance1 min brief

In brief

  • WisdomTree launched the Physical AI, Humanoids, and Drones Fund, an ETF targeting companies applying AI to real-world tasks.
    • This move highlights WisdomTree's push into specialized automation and robotics themes.
  • The new ETF adds another thematic growth angle for WisdomTree.
  • WisdomTree's narrative projects $905.2 million revenue and $303.1 million earnings by 2029.
    • This requires 18.4% yearly revenue growth.
  • WisdomTree's reliance on performance fees and higher cost initiatives could impact its growth.
  • WisdomTree will likely continue to expand its product set in the future.

Read full story at Yahoo Finance

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