Israel's FINQ Launches AI-Managed US ETFs

First funds of their kind approved by the SEC

Published on Feb. 10, 2026

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Israel-based fund manager FINQ announced the launch of two new U.S. large-cap equity ETFs that will be solely managed by artificial intelligence, without human portfolio managers. FINQ said its AIUP and AINT ETFs are the first such AI-managed funds approved by the Securities and Exchange Commission.

Why it matters

This marks a significant milestone in the growing use of AI in investment management, as most funds have only used AI as a supporting tool so far. FINQ's fully autonomous AI-driven approach represents a new frontier in the ETF industry and could signal a broader shift towards data-driven, systematic investing.

The details

FINQ's proprietary AI framework will continuously rank all 500 stocks in the S&P 500 index and use that as the foundation for portfolio selection, weighting, and rebalancing. Human involvement will be limited to oversight and governance, with the AI model making all the investment decisions. This differs from algorithmic trading, where humans design the models that respond to certain signals, as the AI in FINQ's funds will be fully responsible for the entire investment process.

  • On February 10, 2026, FINQ announced the launch of its two AI-managed ETFs.
  • In 2023, Simplify Asset Management said it was rolling out three new AI-driven ETFs approved by the SEC.

The players

FINQ

An Israel-based fund manager launching the first SEC-approved ETFs that are solely managed by artificial intelligence.

Eldad Tamir

The founder and CEO of FINQ, who stated that the company's data-driven AI system can make investment decisions much better than humans.

Bryan Armour

An ETF analyst at Morningstar, who cautioned that the road to applying AI to stock selection has been bumpy so far, with some AI-driven funds experiencing high turnover.

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What they’re saying

“FINQ is ​built on a data-only system that makes investment decisions much better than humans, as it ‌has the ability to process immense amounts of data, without the disadvantages aligned with human fear, greed, urgency to act and other disabling human attributes.”

— Eldad Tamir, Founder and CEO of FINQ (Reuters)

“Some had ‍turnover of 2,000%. ⁠Of course, AI may not have been as 'intelligent' then as it seems to be becoming.”

— Bryan Armour, ETF Analyst at Morningstar (Reuters)

What’s next

The SEC's approval of FINQ's AI-managed ETFs could pave the way for more funds to adopt similar fully autonomous investment strategies, potentially disrupting the traditional asset management industry.

The takeaway

FINQ's launch of the first SEC-approved ETFs managed solely by AI represents a significant milestone in the growing use of artificial intelligence in investment management. While the technology has shown promise, the road ahead may still have some challenges as the industry continues to evolve towards more data-driven, systematic investing.