FYI if you are sad that you can't participate in this index (for Goldman customers only), replicating it is pretty easy on your own.
- Pull up a list of companies in the S&P 500.
- Do a quick pass and decide if they are "AI" or not, or use an LLM to help you (ironic).
- Use a direct indexing platform (Frec, Wealthfront, Fidelity, Schwab, Parametric among others) to build your own index with those funds and adjust it maybe quarterly.
As a bonus the fees will be significantly lower than what Goldman will want for the same end result.
alt Hacker News
Pretty neat.
FYI if you are sad that you can't participate in this index (for Goldman customers only), replicating it is pretty easy on your own.
- Pull up a list of companies in the S&P 500.
- Do a quick pass and decide if they are "AI" or not, or use an LLM to help you (ironic).
- Use a direct indexing platform (Frec, Wealthfront, Fidelity, Schwab, Parametric among others) to build your own index with those funds and adjust it maybe quarterly.
As a bonus the fees will be significantly lower than what Goldman will want for the same end result.