Google DeepMind AI Lab Ecosystem ETF (DEPW)

The Google DeepMind AI Lab Ecosystem ETF (DEPW) is an exchange-traded fund listed on NYSE Arca that is built around the artificial intelligence theme.

Based on its name, the fund focuses on companies connected to the ecosystem surrounding Google DeepMind, the AI research laboratory owned by Alphabet. Such an ecosystem can include Alphabet itself as well as businesses that supply computing hardware, cloud infrastructure, data and other inputs used in large-scale AI research, or that partner with the lab to commercialize its work.

The precise selection rules, weighting approach and sponsor are described in the fund's prospectus.