ARTY vs TEKY

ARTYAiShares Future AI & Tech ETF

TEKYCLazard Next Gen Technologies ETF

In short

ARTY Launched in 2018 as a robotics fund, ARTY switched benchmarks in 2024 and came back as a focused global AI portfolio: about 50 companies across chips, data centers, software and services, at a below-median theme fee.

TEKY Most AI ETFs hand the job to an index. TEKY is the stock-picker's version: Lazard analysts run a concentrated global book of roughly 50 names across the whole AI stack, from chipmakers to the firms selling AI software onward.

Stated mandate

ARTY The fund seeks to track a global index of companies contributing to artificial-intelligence technologies across software, infrastructure, and services.

TEKY The Portfolio normally invests at least 80% of its net assets in equity and equity-related securities of or related to next-generation technology companies worldwide, including companies involved in artificial intelligence and automation.

Why people hold it

• ARTY 0.47% a year against a 0.68% median for AI-theme funds. The thematic markup is smaller here than on most of the shelf, though XAIX and QTUM undercut it.
• Global by design. The index pulls from US and non-US companies contributing to AI across generative AI, data and infrastructure, software and services.ishares.com
• A multi-billion-dollar, actively traded iShares fund, so getting in and out doesn't hinge on thin volume.
• Stacks up as one of the stronger builds in a crowded AI cohort on cost, structure and staying power.

• TEKY Active by design. Managers hold roughly 40 to 60 names spanning AI hardware infrastructure, enabling technologies and application vendors, instead of tracking a theme index.sec.gov
• Cheap for an active thematic: 0.50% net of a fee waiver (0.60% gross), below the category median fee and under active peer IGPT at 0.57%.
• The mandate is worldwide, not US-only. At least 80% of assets go to next-gen tech companies anywhere, via common stock, ADRs and global depositary receipts.sec.gov

Worth knowing

• ARTY The record before August 2024 belongs to a different strategy: as IRBO it tracked a robotics and AI index, then moved to the Morningstar Global AI Select Index.ishares.com
• About 50 names in one theme. The AI trade sets the tone here, and that concentration works in both directions.
• Distributions land once or twice a year and are incidental. This is a growth-theme equity fund, not an income holding.

• TEKY Thinly traded. Spreads and market impact can cost more than the expense ratio, which matters most on bigger orders.
• Non-diversified under SEC rules and concentrated by construction, so one issuer or one corner of the AI stack can swing the fund harder.lazardassetmanagement.com
• Launched in 2025, so the record is short, and cash comes back once or twice a year rather than quarterly.

Full ARTY profile⁠

Full TEKY profile⁠