WisdomTree launches WAGI ETF to track AI infrastructure

WisdomTree has launched the WisdomTree AI Infrastructure UCITS ETF (WAGI) to provide exposure to companies that enable and scale AI systems. The fund tracks the WisdomTree SemiAnalysis Artificial General Intelligence Infrastructure UCITS Index and is listed on Börse Xetra, Borsa Italiana and the SIX Swiss Exchange. A London Stock Exchange listing is scheduled for 11 June 2026.

The ETF aims to replicate the index’s price and yield performance before fees and carries a total expense ratio of 0.50 percent. WisdomTree developed the index in partnership with SemiAnalysis, an independent research firm focused on semiconductors and AI infrastructure, which will contribute to the index design and ongoing development.

The index targets global firms that enable, support and power AI computing ecosystems. Its investable universe covers seven categories: data-centre power and industrial systems that provide electrical infrastructure for high-density compute; wafer fabrication equipment for semiconductor manufacture; components and materials such as passives and substrates; semiconductor design and fabrication including compute and memory chips; the server supply chain for components and integration; networking hardware and optical and electrical fabrics that move data; and operators of large-scale cloud and AI compute, often described as hyperscalers and neoclouds.

SemiAnalysis will apply its research to identify companies positioned to benefit from rising compute intensity, expanding data-centre capacity and higher capital expenditure by hyperscalers, enterprises and governments. WisdomTree says the index is intended to capture growth related to investment in data centres, advanced semiconductors, power systems and networking needed for AI workloads.

Pierre Debru, head of research for Europe at WisdomTree, commented: “AI is no longer a standalone technology theme; as adoption accelerates, demand for the underlying infrastructure powering AI models, data processing and digital connectivity is growing rapidly. This strategy provides exposure to companies enabling the development and scaling of the AI economy, including firms beyond NVIDIA such as SK Hynix, Lam Research, Lumentum and Vertiv.”

Alexis Marinof, CEO for Europe at WisdomTree, added that investors are seeking research-driven ways to access the AI theme and that the firm’s range of ETFs offers exposure across software, infrastructure and physical AI.

WAGI focuses on the infrastructure backbone rather than application-level firms and, according to WisdomTree, can be used to monitor companies that support the development and scaling of artificial general intelligence through hardware, networking and operational systems that allow AI models to train and run at scale.