FYI if you are sad that you can't participate in this index (for Goldman customers only), replicating it is pretty easy on your own.
- Pull up a list of companies in the S&P 500.
- Do a quick pass and decide if they are "AI" or not, or use an LLM to help you (ironic).
- Use a direct indexing platform (Frec, Wealthfront, Fidelity, Schwab, Parametric among others) to build your own index with those funds and adjust it maybe quarterly.
As a bonus the fees will be significantly lower than what Goldman will want for the same end result.
> The index effectively shifts weight toward "secular safety" and cyclical sectors that are less directly impacted by AI spending cycles. Major holdings in the SPXXAI index include leaders from the following sectors:
Financials: Berkshire Hathaway (BRK.B), JPMorgan Chase (JPM), and Visa (V).
Healthcare: Eli Lilly (LLY), UnitedHealth Group (UNH), and Johnson & Johnson (JNJ).
Consumer Staples: Walmart (WMT), Procter & Gamble (PG), and Costco (COST).
Energy & Materials: Exxon Mobil (XOM), Chevron (CVX), and Linde (LIN).
Utilities & Real Estate: Companies like NextEra Energy (NEE) and American Tower (AMT).
FYI if you are sad that you can't participate in this index (for Goldman customers only), replicating it is pretty easy on your own.
- Pull up a list of companies in the S&P 500.
- Do a quick pass and decide if they are "AI" or not, or use an LLM to help you (ironic).
- Use a direct indexing platform (Frec, Wealthfront, Fidelity, Schwab, Parametric among others) to build your own index with those funds and adjust it maybe quarterly.
As a bonus the fees will be significantly lower than what Goldman will want for the same end result.
Did they make public which stocks they'll include?
> The index effectively shifts weight toward "secular safety" and cyclical sectors that are less directly impacted by AI spending cycles. Major holdings in the SPXXAI index include leaders from the following sectors:
Very boring stuff.