Exploring the ChatGPT-Selected Stock Portfolio: Adobe Surpasses Tesla as Leading Contender

Entering the 15th week of our ongoing series, “Is ChatGPT a Superior Financial Advisor?” brings about a sense of heightened anticipation.

The journey so far has been quite a rollercoaster, spanning 15 weeks. The lingering question remains: Can ChatGPT Outperform as a Financial Advisor? For those just joining us, we entrusted ChatGPT with a hypothetical $10,000 to oversee, pitting it against established funds like the SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco Trust Series 1 (NASDAQ:QQQ).

Here’s a look at the performance over the past 15 weeks:

• SPDR S&P 500: +7.01%
• Invesco QQQ Trust: +12.02%
• Schwab Total Stock Market Index Fund: +7.91%
• Vanguard Growth Index Fund: +9.75%
• Vanguard Value Index Fund: +4.32%
• iShares MSCI EAFE ETF: -3.79%
• Vanguard Total International Bond Index Fund: -1.39%
• Fidelity Contrafund: +11.35%
• T. Rowe Price Growth Stock Fund: +11.04%
• Fidelity Total Market Index Fund: +7.93%
• ChatGPT’s Portfolio: +7.35%

Remaining steady in the same position as last week, ChatGPT’s portfolio secures the seventh spot, with a slight edge over the SPY. Notable highlight: Tesla Inc (NASDAQ:TSLA), previously our portfolio’s standout performer, has ceded its lead as the stock retraced from local peaks in mid-July. Adobe Inc (NASDAQ:ADBE) has now claimed the top position, boasting a remarkable 50.65% gain since our initial position.

As reiterated earlier, all positions will be held for the entirety of the six-month period. The focus isn’t solely on the minute fluctuations of individual stocks, but rather the comprehensive performance of the portfolio.

While we’re pitting AI against formidable competitors, it’s vital to keep in mind that ChatGPT doesn’t currently possess real-time access to the market.

Our intention here isn’t to herald the era of automated advisors, but rather to provoke thought and spark contemplation among investors: How does AI seamlessly integrate into our financial landscape?