We are in the 19th week of Benzinga’s series, “Is ChatGPT A Better Financial Advisor?” With only seven weeks left in this six-month experiment, every basis point matters as ChatGPT aims to close the gap with the leading portfolios.
The competition began when Benzinga gave ChatGPT a hypothetical $10,000 and challenged it to create an investment portfolio that could compete with the giants of Wall Street. As we approach the end of the experiment, let’s see how the AI stands.
| Fund/ETF | 19-Week Performance |
| SPDR S&P 500 | +7.56% |
| Invesco QQQ Trust | +14.05% |
| Schwab Total Stock Market Index Fund | +9.94% |
| Vanguard Growth Index Fund | +11.55% |
| Vanguard Value Index Fund | +4.59% |
| iShares MSCI EAFE ETF | -2.61% |
| Vanguard Total International Bond Index Fund | -1.23% |
| Fidelity Contrafund | +13.91% |
| T. Rowe Price Growth Stock Fund | +13.47% |
| Fidelity Total Market Index Fund | +9.56% |
| ChatGPT | 19-Week Performance |
| Benzinga’s ChatGPT Portfolio | +8.93% |
After slipping last week, ChatGPT’s portfolio has surged to seventh place.
With seven weeks remaining, ChatGPT’s portfolio is targeting major players like the SPDR S&P 500 ETF Trust SPY and the Invesco QQQ Trust Series 1 QQQ.
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Spotlight: Tesla Inc TSLA has reclaimed its position as the top performer in our AI-curated portfolio, while Adobe Inc ADBE dropped to the runner-up spot following investor sell-offs after the company’s earnings release.
On the losing side, Nike Inc NKE is still struggling, with a loss of 17.68%.
As per the experiment’s rules, the ChatGPT portfolio will maintain its positions until the conclusion, holding firm with diamond hands.
Where does this week leave us? ChatGPT’s portfolio is clearly making a comeback, aiming to finish strong in the final stretch of this experiment.
Missed the 18th-week update? Read it here.
Here are the stocks ChatGPT picked.
Join Benzinga next Wednesday for the 20th episode of our series, “Is ChatGPT A Better Financial Advisor?”
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