Goldman Sachs launches SPXXAI S&P 500 index excluding AI-related stocks

Goldman Sachs has introduced SPXXAI, an index that tracks the S&P 500 while excluding AI-related stocks, positioning the product for investors who want to avoid AI sector exposure amid prevailing hype. The announcement is described in available reports as having been made recently and as "gaining Wall Street attention."

The index name and ticker shown in public snippets is SPXXAI. A LinkedIn post by Sophia Anthony — whose profile shows 2,066 followers — amplified the launch with the line, “For investors looking to trade the S&P minus the AI vol, look no further: Goldman Sachs’ SPXXAI has entered the chat.” The same LinkedIn content also displayed headline-style text reading “Exclusive: Goldman Sachs launches an AI-free index” twice in the excerpt.

Publicly available material states the objective plainly: SPXXAI tracks the S&P 500 excluding AI-related stocks to enable investors to avoid AI sector exposure. Neither the posts nor the short report accompanying them provide an exact announcement date beyond the phrase "announced recently," nor do they supply a press release or a named Goldman Sachs spokesperson in the excerpts provided.

Critical technical details are not included in the supplied text. The sources do not specify how "AI-related" stocks are defined, the index methodology or reconstitution rules, whether SPXXAI is a licensed S&P index or a Goldman Sachs proprietary index, or whether a tradable vehicle such as an ETF or swap will be launched using the index. Constituents, sample weightings and any performance backtests are likewise absent from the available material.

The framing in the supplied snippets makes clear the intended investor use-case: providing an "AI-free" version of the S&P 500 for market participants seeking to reduce exposure to AI-related names. The LinkedIn phrasing uses industry shorthand — "AI vol" — and informal tone — "entered the chat" — signaling early social-media amplification around the product among market commentators and content creators.

The documentation provided in the excerpts also shows LinkedIn interface prompts around sign-in and cookie consent that accompanied the post snippet, including lines such as “To view or add a comment, sign in” and the platform’s cookie language. The available reporting therefore combines a brief declarative description of SPXXAI with social-media reaction, leaving the core product mechanics and formal commercialization details unreported in the excerpts.