Lab · Sector Engine · Tech theme
AI & Hyperscalers
Companies whose primary value is AI compute, training, or deployment at scale. Intersects with Semis (training chips), Cloud (inference platforms), and a slice of mega-cap Communication Services (search, ads). Hyperscalers (MSFT, GOOGL, META, AMZN) are the largest single weights.
Primary ETF: AIQ.US · Alternates: BOTZ.US
Snapshot Aug 23, 2026 · refreshed daily.
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AI & Hyperscalers vs Global Tech
How AIQ.US performs against the GICS Tech sector aggregated across our four regions (US 0.66 / Europe 0.17 / Asia-Pac DM 0.06 / EM 0.11). Positive numbers mean this theme is outperforming the broader sector.
| Window | AI & Hyperscalers (AIQ.US) | Global Tech | Spread |
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All 7 Tech themes side-by-side
The full theme block sorted by 1-month return. Click a theme to drill in.
| Theme | 5d | 1m | 3m | YTD | Source |
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Closelook IP overlap
Closelook-proprietary indices that overlap this theme. None is a one-to-one match — the indices are screen-driven (functional, hypergrowth, agentic), the theme ETFs are taxonomy-driven. Use the indices for the strategy view, the theme ETF for the unfiltered exposure.
Reading AI & Hyperscalers against the engine
The theme is measured through AIQ (alternates: BOTZ) — common vehicles for this exposure, named for education, not recommendation. Two comparisons carry the information: the theme against the global Technology sector (is the theme leading or lagging its own sector?) and against its sibling themes on this desk (where inside tech the money actually sits). Daily readings load above; the dispersion desk shows who inside each vehicle is doing the work.
Diary view, not advice. Methodology in methodology.md. Back to Technology sector · global heatmap.