MicroSectors AI ETNs: Invest in Leading Artificial Intelligence Companies
EXCHANGE TRADED NOTES
The MicroSectors™ AI lineup of exchange traded notes provides 3x long exposure and -3x short exposure to the performance of the BITA AI Leaders Select Index. LEARN MORE ABOUT BMO ETNs
WHAT IS THE BITA AI Leaders Select Index?
The BITA AI Leaders Select Index is a rules-based composite Index that tracks the market performance of companies, listed on recognized exchanges based in the US, that are at the forefront of AI technologies both from an application and infrastructure perspective. The Index is composed by both companies with a high relative revenue exposure to AI products, services, and activities (“Purity Leaders”) and large companies that despite having a more diversified business footprint, are key direct enablers (“Key Enablers”) of the business application of the technology. The Index is rebalanced monthly with Purity Leaders weighted by average 12-month trading volume, subject to a 10% cap, and Key Enablers equally weighted.
The Index is rebalanced monthly and reconstituted quarterly by employing the process described above.
BITA AI Leaders Select Index Components*
- 11.96% PALANTIR TECHNOLOGIES INC-A
- 10.34% NVIDIA CORP
- 7.97% CROWDSTRIKE HOLDINGS INC - A
- 5.68% ARM HOLDINGS PLC-ADR
- 4.73% ASTERA LABS INC
- 3.60% MICROSOFT CORP
- 3.40% ARISTA NETWORKS INC
- 3.34% ADOBE INC
- 3.32% SUPER MICRO COMPUTER INC
- 3.31% BROADCOM INC
- 3.28% SALESFORCE INC
- 3.26% AMAZON.COM INC
- 3.17% SERVICENOW INC
- 3.08% CISCO SYSTEMS INC
- 3.00% PALO ALTO NETWORKS INC
- 2.99% ALPHABET INC-CL A
- 2.88% META PLATFORMS INC-CLASS A
- 2.86% APPLE INC
- 2.86% ADVANCED MICRO DEVICES
- 2.63% SYNOPSYS INC
- 2.63% QUALCOMM INC
- 2.61% MICRON TECHNOLOGY INC
- 2.42% IONQ INC
- 2.39% INTEL CORP
- 2.32% INTL BUSINESS MACHINES CORP
*Index reconstitutes quarterly, rebalances monthly. Components as of SOD 08/05/2026, weightings rounded for ease of analysis.
What is the Performance of the BITA AI Leaders Select Index?
