SPX
Barstool's El Presidente Portnoy helps launch BUZZ ETF
- Thursday March 4th on the New York Stock Exchange there will be a new
exchange traded fund being launched backed by the infamous Barstool
Sports
El Presidente, Dave Portnoy. The ETF being launched is called BUZZ.
- What is BUZZ? "The BUZZ NextGen AI US Sentiment Leaders Index consists
of the 75 large cap US stocks which show the most positive investor
sentiment according to our analytics models. These stocks are selected
and
scored using artificial intelligence, such as machine learning and
natural
language processing algorithms, applied to millions of data points
aggregated from social media, news, and blogs. This allows us to gain
actionable insights to inform our holdings each month." This is in
accordance to BUZZ.
- BUZZ is licensed to the VanEck Vectors Social Sentiment ETF with
current holdings including Twitter, DraftKings, Ford Motor Co, Facebook,
Amazon and Apple. See full holdings list.
- Breaking down the performance of BUZZ investors can see it has
achieved three-year annualized returns of 32.38%. Additionally, it has an
89.43% one-year return and YTD the BUZZ index is up 17.96%. See below a
chart of the BUZZ index in comparison to (SPX).
- There are innovative based funds that believe in artificial
intelligence such as Cathie Wood and her ARK Innovation ETF (NYSEARCA:
ARKK) and massive technology ETFs and AI ETFs such as Technology Select
Sector SPDR ETF (NYSEARCA:XLK) and Global X Robotics & Artificial
Intelligence Thematic ETF (NASDAQ:BOTZ) but BUZZ is looking to blend
innovation with AI to create a new type of exchange traded fund.
|Today, 11:51 AM
Barstool's El Presidente Portnoy helps launch BUZZ ETF
- Thursday March 4th on the New York Stock Exchange there will be a new
exchange traded fund being launched backed by the infamous Barstool
Sports
El Presidente, Dave Portnoy. The ETF being launched is called BUZZ.
- What is BUZZ? "The BUZZ NextGen AI US Sentiment Leaders Index consists
of the 75 large cap US stocks which show the most positive investor
sentiment according to our analytics models. These stocks are selected
and
scored using artificial intelligence, such as machine learning and
natural
language processing algorithms, applied to millions of data points
aggregated from social media, news, and blogs. This allows us to gain
actionable insights to inform our holdings each month." This is in
accordance to BUZZ.
- BUZZ is licensed to the VanEck Vectors Social Sentiment ETF with
current holdings including Twitter, DraftKings, Ford Motor Co, Facebook,
Amazon and Apple. See full holdings list.
- Breaking down the performance of BUZZ investors can see it has
achieved three-year annualized returns of 32.38%. Additionally, it has an
89.43% one-year return and YTD the BUZZ index is up 17.96%. See below a
chart of the BUZZ index in comparison to (SPX).
- There are innovative based funds that believe in artificial
intelligence such as Cathie Wood and her ARK Innovation ETF (NYSEARCA:
ARKK) and massive technology ETFs and AI ETFs such as Technology Select
Sector SPDR ETF (NYSEARCA:XLK) and Global X Robotics & Artificial
Intelligence Thematic ETF (NASDAQ:BOTZ) but BUZZ is looking to blend
innovation with AI to create a new type of exchange traded fund.
|Today, 11:51 AM
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