Title: ChatGPT Remains Firm in Benzinga’s Financial Advisor Test Top 5
Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), Tesla (NASDAQ:TSLA), Nike (NYSE:NKE), SPDR S&P 500 (ARCA:SPY), and the In our portfolio, Tesla remains our biggest winner. Up a whopping 65% since we opened the position.
Happy Wednesday! Since the start of this series, time has passed quickly, and we find ourselves already in the eighth week of Benzinga’s six-month experiment, Is ChatGPT A Better Financial Advisor?
This real-time, interactive experiment compares OpenAI’s ChatGPT against 10 of the leading U.S. equity funds with the goal of answering the intriguing question: Is ChatGPT a better financial advisor?
For those who are new to this series, let’s delve into how it works. We provided ChatGPT with a hypothetical $10,000 to construct an investment portfolio, aiming for it to outperform other top U.S. equity funds.
Now let’s take a look at the performance of the various funds and ETFs over the past seven weeks:
In our portfolio, Tesla remains the standout winner, surging a remarkable 65% since the position was opened.
As the results stand, ChatGPT continues its strong presence, securing a spot in the top 5 financial advisors tested by Benzinga. However, it’s worth noting that each week’s rankings are subject to change as performances fluctuate.
With its conversational tone and SEO-friendly approach, this unique experiment captivates both seasoned investors and curious individuals alike, illuminating the potential capabilities of AI as a financial advisor. ChatGPT’s ability to generate recommendations based on data and market trends provides a fascinating glimpse into the future of investment strategy.
As we move forward in this series, there is anticipation and excitement surrounding ChatGPT’s future performance. With its current success, investors are eager to see if it can maintain its position in the top 5 or perhaps even climb higher in the rankings.
Stay tuned to Benzinga’s ongoing experiment to witness the progress and potential breakthroughs that ChatGPT may offer in the realm of financial advising.
Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.
