It’s Wednesday, that means it’s time for the fifth week of Benzinga’s ongoing series, “Is ChatGPT a Better Financial Advisor?” A real-time, head-to-head comparison between OpenAI’s ChatGPT and 10 of the top U.S. equity funds.
Just to remind those who are new, we assigned ChatGPT a hypothetical $10,000 and gave it the challenge of crafting a portfolio with the potential to outperform the leading U.S. equity funds.
So, we’re now at the end of week five of our experiment. Let’s check out how our AI-fueled portfolio is faring against heavy-hitters like the SPDR S&P 500 ETFSPY and Invesco QQQ TrustQQQ.
With no further ado, let’s get straight into how the funds and Benzinga’s ChatGPT portfolio have performed over the week. Remember, our tracking kicked off on May 10.
| Fund/ETF |
5-Week Performance |
| SPDR S&P 500 |
+6.11% |
| Invesco QQQ Trust |
+12.3% |
| Schwab Total Stock Market Index Fund |
+6.13% |
| Vanguard Growth Index Fund |
+9.36% |
| Vanguard Value Index Fund |
+2.75% |
| iShares MSCI EAFE ETF |
-0.47% |
| Vanguard Total International Bond Index Fund |
-0.61% |
| Fidelity Contrafund |
+7.10% |
| T. Rowe Price Growth Stock Fund |
+7.79% |
| Fidelity Total Market Index Fund |
+6.13% |
| ChatGPT |
5-Week Performance |
| Benzinga’s ChatGPT Portfolio |
+7.21 |
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