Which ETFs have the most AI exposure?
Updated October 28, 2026. Computed across all holdings, not the top 10.
SMH has the most AI exposure, at 49.6% — the average fund we track holds 7.0%.
Funds invested in AI companies, those that merely use AI internally do not count.
The ETF Copilot AI List — 54 companies See the full list →
Average 7.0%, benchmark VOO 24.4%, leader SMH 49.6%
- 1,367 equity funds we track
- 836 hold at least one AI company
- 202 are more than 20% AI companies
- 43 are more than 35% AI companies
Where is AI exposure highest? SMH, at 49.6%
| Fund | AI exposure | 1-year change |
|---|---|---|
| VanEck Semiconductor ETF (SMH) | 49.6% | +0.8 |
| Strive U.S. Semiconductor ETF (SHOC) | 47.5% | -6.9 |
| iShares U.S. Tech Independence Focused ETF (IETC) | 45.5% | -6.2 |
| iShares U.S. Technology ETF (IYW) | 44.1% | -1.3 |
| Nuveen Growth Opportunities (NUGO) | 43.0% | -3.1 |
| State Street Technology Select Sector SPDR ETF (XLK) | 42.9% | -1.6 |
| Columbia Select Technology ETF (SEMI) | 42.8% | — |
| Pacer Data and Digital Revolution ETF (TRFK) | 42.2% | -3.7 |
| Invesco PHLX Semiconductor ETF (SOXQ) | 41.7% | -2.0 |
| AOT Growth and Innovation ETF (AOTG) | 41.5% | — |
Where is AI exposure lowest among diversified funds? ISCF, at 0.0%
| Fund | AI exposure | 1-year change |
|---|---|---|
| iShares International Small-Cap Equity Factor ETF (ISCF) | 0.0% | +0.0 |
| Schwab Fundamental International Small Company Index ETF (FNDC) | 0.0% | +0.0 |
| Invesco S&P SmallCap 600 Revenue ETF (RWJ) | 0.0% | -0.1 |
| Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (PDN) | 0.0% | +0.0 |
| Dimensional International Value ETF (DFIV) | 0.0% | -0.1 |
| Xtrackers FTSE Developed ex US Multifactor ETF (DEEF) | 0.1% | — |
| Invesco S&P MidCap 400 Revenue ETF (RWK) | 0.1% | -0.3 |
| iShares Core S&P Small-Cap ETF (IJR) | 0.1% | -0.3 |
| State Street SPDR Portfolio S&P 600 Small Cap ETF (SPSM) | 0.1% | -0.3 |
| Fidelity International Multifactor ETF (FDEV) | 0.1% | +0.1 |
Which categories carry the most AI exposure? Tech - Semiconductors, at 35.7%
- Tech - Semiconductors — 35.7%
- US Large Cap Growth — 30.2%
- Tech - Hardware / Devices / Deep Tech — 28.3%
- US Large Cap Blend — 20.4%
- Tech - Software / Cloud / Cyber / AI — 19.9%
- Options Income (Covered Call / EPI) — 18.2%
- US Total Market — 17.7%
- Thematic - Tech Disruption — 16.9%
- Communications — 16.0%
- Tactical / Trend / Managed Futures — 14.7%
- Global Large Cap — 13.8%
- ESG — 11.9%
- Single Factor - Momentum & Other — 8.4%
- Weight - Multi-factor — 6.7%
- Weight - Equal — 6.5%
- Dividend US — 6.1%
- Single Factor - Quality & Low Volatility — 5.5%
- US Large Cap Value — 5.4%
- Weight - Fundamental — 4.9%
- Single Factor - Value & Dividend — 4.1%
- Consumer — 3.2%
- Crypto — 3.2%
- US Mid Cap — 1.8%
- Emerging Markets — 1.4%
- Dividend Global ex-US — 1.3%
- Healthcare & Biotech — 1.1%
- Industrials & Materials — 1.1%
- Asia Pacific — 0.8%
- China — 0.7%
- Developed ex-US — 0.6%
- Japan — 0.6%
- Non-equity — 0.5%
- Real Estate & Infrastructure — 0.5%
- Commodities & Metals — 0.4%
- Europe — 0.4%
- Clean Energy — 0.3%
- US Small Cap — 0.2%
- Utilities — 0.1%
- Energy — 0.0%
- Financials — 0.0%
- Frontier Markets — 0.0%
- Latin America — 0.0%
- Thematic - Real Assets — 0.0%
Cite this
ETF Copilot, “AI look-through exposure across 1,367 US equity ETFs”, as of October 28, 2026.
https://etf-copilot.com/exposure/ai