35 place 12

172 Goldman Sachs Launches AI-Free Index

Slashdot
BeauHD @ Slashdot · 02/20/2026 18:20 EDT

Goldman Sachs Launches AI-Free Index

Goldman Sachs has launched an "S&P ex-AI" index (SPXXAI) that tracks the S&P 500 stocks not related to AI, offering investors a way to "hedge their exposure to the AI trade," reports Axios. From the report: "Excluding 'AI enablers' from the passive benchmark would eliminate the noise introduced by the AI hype," Louis Miller, head of the firm's equity custom basket desk, wrote in a note to clients about the new index.

The ex-AI index is a compilation of all the stocks in the S&P 500 that are not related to

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