SoFi launches Agentic AI ETF targeting autonomous technology companies

SoFi Technologies (NASDAQ: SOFI) announced the launch of the SoFi Agentic AI ETF (NYSE Arca: AGIQ), which will invest in U.S. companies developing or utilizing autonomous AI technologies.

The ETF tracks the BITA US Agentic AI Select Index, currently composed of 30 publicly traded U.S. companies involved in areas including self-driving transportation, AI scheduling assistants, cybersecurity networks, autonomous industrial machinery, and enabling technologies such as semiconductors and cloud computing. Current holdings include Salesforce, Tesla, and NVIDIA, though the composition may change.

"Emerging market themes can be challenging to capture, especially for new or casual investors – but with the SoFi Agentic AI ETF, investors can easily tap into the next evolution of AI," said Brian Walsh, Head of Advice and Planning Director at SoFi.

Tidal Investments LLC serves as the investment adviser for AGIQ, which carries a gross expense ratio and management fee of 0.69%. The ETF is listed on NYSE Arca and available through SoFi Invest and other brokerage platforms.

The fund joins SoFi's existing ETF lineup, which includes the SoFi Select 500 (SFY), SoFi Next 500 ETF (SFYX), SoFi Social 50 ETF (SFYF), and SoFi Enhanced Yield ETF (THTA). All are advised by Tidal Investments LLC.

According to the World Economic Forum, the market for agentic AI is projected to expand significantly by 2030. Agentic AI refers to autonomous systems capable of making decisions, initiating actions, and collaborating with other agents or humans.

The company notes that investing in thematic ETFs focused on emerging technologies involves risks including market volatility, rapid technological change, and sector concentration. The fund is a recently organized investment company with no operating history.

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