eToro enhances investment opportunities through partnership with STRATxAI
The brokerage company eToro announced a partnership with STRATxAI, the main purpose of which is the launch of a new investment portfolio, Cutting-Edge.
The Cutting-Edge portfolio uses STRATxAI's proprietary technology and analytical tools, previously only available to institutional investors, to identify the most "expensive" US stocks on the eToro platform.
Cutting-Edge includes 15 US stocks that are updated monthly to deliver risk-adjusted returns above the benchmark S&P 500 Index.
Each month, STRATxAI's backtesting system analyzes the performance of more than 5,000 mid- and large-cap US stocks over the past two decades. Stocks are then evaluated based on a combination of five key factors (value, quality, liquidity, volatility, and diversification).
"Our powerful STRATxAI engine has the computational and analytical capabilities to create unique investment portfolios such as Cutting-Edge. We are very excited to offer this portfolio exclusively to eToro clients, allowing them to stay ahead in an ever-changing world of innovation," said Paul Clifford, CEO of STRATxAI.
"At eToro, the use of new technologies is embedded in our DNA and underpins our mission to provide retail investors with tools previously only available to institutional investors. We have recently launched several partner portfolios working with companies at the forefront of AI-powered financial analysis. We are very excited to welcome our new partner, STRATxAI, and offer retail investors an innovative product that provides sophisticated exposure to the US market," commented Danny Brinker, Head of Investment at eToro, on the partnership.
The minimum investment for the Cutting-Edge portfolio will be $500. Also, investors will have access to tools and charts to track the portfolio's performance.