April 13, 2024

We’re now within the 18th week of Benzinga’s collection, “Is ChatGPT A Higher Monetary Advisor?” As we method the ultimate eight weeks of this six-month experiment, the chance to climb the leaderboard is narrowing.

 

Benzinga gave ChatGPT a hypothetical $10,000 to craft an funding portfolio to problem the heavyweights of Wall Avenue.

So how are ChatGPT’s picks doing? Monitoring started on Might 10:

Fund/ETF 18-Week Efficiency
SPDR S&P 500 +7.87%
Invesco QQQ Belief +14.95%
Schwab Complete Inventory Market Index Fund +9.41%
Vanguard Development Index Fund +12.58%
Vanguard Worth Index Fund +3.34%
iShares MSCI EAFE ETF -3.83%
Vanguard Complete Worldwide Bond Index Fund -1.24%
Constancy Contrafund +13.03%
T. Rowe Value Development Inventory Fund +14.02%
Constancy Complete Market Index Fund +9.42%

ChatGPT 18-Week Efficiency
Benzinga’s ChatGPT Portfolio +7.3%

A risky week noticed ChatGPT’s portfolio drop to eighth place, in comparison with different portfolios being tracked starting in Might.

With solely eight weeks remaining on this half-year showdown, ChatGPT’s portfolio, which reached its peak in July, now faces a difficult climb to outperform main funds like Invesco QQQ Belief Sequence 1 QQQ and the SPDR S&P 500 ETF Belief SPY.

Highlight: Adobe Inc ADBE continues to be the chief in Benzinga’s ChatGPT portfolio, up 63%, whereas Tesla Inc TSLA trails with a 48% acquire. In distinction, Nike Inc NKE continues to be the most important laggard, down 14.6%.

Sustaining the long-term view, all shares within the ChatGPT portfolio shall be held till the experiment concludes.

So, the place does it depart us? Whereas it is untimely to attract conclusions, it is evident that the ChatGPT portfolio confronted some headwinds over the previous month.

Missed the Seventeenth-week scoop? Learn it right here.

See the nitty-gritty of our portfolio right here.

Keep tuned with Benzinga subsequent Wednesday for the nineteenth episode of our collection, “Is ChatGPT A Higher Monetary Advisor?”

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