BOTZ has been a key beneficiary of the AI advance, garnering $594 million in inflows this year, according to FactSet.
While many investors see AI as a tech play, Todd Sohn, ETF and technical strategist at Strategas Securities, believes that the benefit of industrials is an under-the-radar narrative worth taking a second glance at.
And because data is what's driving AI, Maier said, larger companies like Amazon , Alphabet and Meta Platforms best retain that type of exposure.
"Right now, [data] is what AI is, while we're trying to figure out where AI is going," he said.
But for investors looking to diversify beyond the tech wave, Sohn affirmed that industrials are poised to benefit from the rise in AI-induced efficiency and productivity in robotics and automation companies.
Persons:
Jon Maier, CNBC's Bob Pisani, Maier, it's, BOTZ, Todd Sohn, Sohn, " Sohn, AIQ, industrials
Organizations:
Robotics, Intelligence, Nvidia, Strategas Securities, Technology, Global
Locations:
BOTZ, U.S, outflows