Which ETFs have the most AI exposure?
Updated September 11, 2026. Computed across all holdings, not the top 10.
SMH has the most AI exposure, at 51.2% — the average fund we track holds 6.9%.
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 6.9% · benchmark VOO 23.1% · leader SMH 51.2%
- 1,041 equity funds we track
- 665 hold at least one AI company
- 148 are more than 20% AI companies
- 33 are more than 35% AI companies
Most AI exposure
| Fund | AI exposure | 1-year change |
|---|---|---|
| VanEck Semiconductor ETF (SMH) | 51.2% | -3.1 |
| Strive U.S. Semiconductor ETF (SHOC) | 45.7% | -11.5 |
| iShares U.S. Tech Independence Focused ETF (IETC) | 44.5% | -5.7 |
| iShares U.S. Technology ETF (IYW) | 43.5% | -2.7 |
| Nuveen Growth Opportunities (NUGO) | 41.9% | -4.4 |
| Invesco PHLX Semiconductor ETF (SOXQ) | 41.4% | -3.1 |
| iShares Expanded Tech Sector ETF (IGM) | 40.8% | +0.6 |
| Vanguard Morningstar Mega Cap Growth ETF (MGK) | 40.7% | +0.1 |
| State Street Technology Select Sector SPDR ETF (XLK) | 40.6% | -4.6 |
| Harbor Long-Term Growers ETF (WINN) (WINN) | 40.2% | +4.0 |
Least AI exposure · diversified funds
| Fund | AI exposure | 1-year change |
|---|---|---|
| iShares MSCI EAFE Small-Cap ETF (SCZ) | 0.0% | +0.0 |
| Avantis Emerging Markets Value ETF (AVES) | 0.0% | +0.0 |
| iShares MSCI Europe Small-Cap ETF (IEUS) | 0.0% | +0.0 |
| iShares MSCI Emerging Markets Small-Cap ETF (EEMS) | 0.0% | +0.0 |
| Dimensional - US Targeted Value ETF (DFAT) | 0.1% | +0.0 |
| Dimensional - International Value ETF (DFIV) | 0.1% | +0.0 |
| Vanguard FTSE All-World ex-US Small-Cap ETF (VSS) | 0.1% | +0.0 |
| Schwab Fundamental International Small Company Index ETF (FNDC) | 0.1% | +0.0 |
| Vanguard Russell 2000 Value ETF (VTWV) | 0.1% | -0.7 |
| iShares International Small-Cap Equity Factor ETF (ISCF) | 0.1% | +0.0 |
By category
- Tech - Semiconductors — 34.9%
- US Large Cap Growth — 29.6%
- Tech - Hardware / Devices / Deep Tech — 28.8%
- Options Income (Covered Call / EPI) — 22.9%
- Tech - Software / Cloud / Cyber / AI — 19.9%
- US Large Cap Blend — 19.8%
- US Total Market — 17.7%
- Thematic - Tech Disruption — 17.0%
- Tactical / Trend / Managed Futures — 14.5%
- Communications — 14.1%
- Global Large Cap — 13.8%
- Non-equity — 12.8%
- ESG — 12.7%
- Single Factor - Momentum & Other — 7.7%
- Weight - Multi-factor — 6.8%
- Dividend US — 6.0%
- Single Factor - Quality & Low Volatility — 5.8%
- Weight - Equal — 5.5%
- Single Factor - Value & Dividend — 5.3%
- Weight - Fundamental — 4.9%
- US Large Cap Value — 4.6%
- Consumer — 3.5%
- Crypto — 3.3%
- US Mid Cap — 1.8%
- Emerging Markets — 1.7%
- Dividend Global ex-US — 1.4%
- Healthcare & Biotech — 1.3%
- Real Estate & Infrastructure — 1.2%
- Europe — 1.1%
- Industrials & Materials — 1.1%
- Commodities & Metals — 1.0%
- Asia Pacific — 0.9%
- Developed ex-US — 0.8%
- China — 0.7%
- Japan — 0.6%
- Clean Energy — 0.4%
- US Small Cap — 0.3%
- 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 1,041 US equity ETFs”, as of September 11, 2026.
https://etf-copilot.com/exposure/ai