iShares Files ETF Targeting Companies Expected to Benefit From AI Adoption

The iShares Future AI Beneficiaries ETF will track the Morningstar US Artificial Intelligence Beneficiaries Select Index, which targets U.S. companies expected to meaningfully increase revenue or reduce costs through AI adoption over the next five years. Rather than investing in AI developers, the index focuses on AI users across sectors, selecting up to 100 companies based on Morningstar's fundamental research and capping sector and individual stock weights for diversification. The fund is expected to have significant exposure to consumer, healthcare, and industrial companies positioned to benefit from AI-driven productivity and growth.