AIED
Defiance LLM Catalyst Momentum ETF
The QRAFT AI-Enhanced U.S. Large Cap Momentum ETF is an actively-managed portfolio of U.S. Large Cap equities chosen with the aid of artificial intelligence.
US
EQUITY
Active
MANAGEMENT STYLE
$ 1.1 B
ASSETS UNDER MGMT
75 bp
EXPENSES
Fund Basics
| Inception date | May 20, 2019 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Annually |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| NVIDIA CORP | 8.5 % |
| BROADCOM INC. | 4.0 % |
| MICRON TECHNOLOGY INC | 3.3 % |
| CATERPILLAR INC | 3.2 % |
| CISCO SYSTEMS INC | 3.2 % |
| PALANTIR TECHNOLOGIES INC. CLASS A | 3.2 % |
| ADVANCED MICRO DEVICES | 3.1 % |
| GE AEROSPACE | 2.9 % |
| PALO ALTO NETWORKS INC | 2.9 % |
| CROWDSTRIKE HOLDINGS, INC. CLASS A | 2.8 % |
Constituent Breakdown
| Number of holdings | 51 |
| Herfindahl-Hirschman Index | 0 |
| Wgt avg mkt cap (mns) | $0 |
| Large cap (>$10bn) | 98.0% |
| Mid cap ($2-10bn) | 0.0% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 98.0% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 94.0 % |
 |
IRELAND | 2.6 % |
 |
SINGAPORE | 1.4 % |
Historical Performance
Standardized Performance (as of 09/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 25.7% | 26.4% | 19.4% | 27.5% | 11.9% | -- | -- | 12.9% |
| Dividend Yield | 0.0% | 0.0% | 0.1% | 0.1% | 0.5% | -- | -- | 4.6% |
| Total Returns | 25.7% | 26.4% | 19.4% | 27.6% | 12.3% | -- | -- | 17.5% | Ann. Volatility | 30.2% | 28.9% | 28.3% | 26.2% | 25.2% | -- | -- | 25.6% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.76 | 62% |
| MSCI EAFE | 1.21 | 44% |
| MSCI Emg Mkts | 0.94 | 69% |
Liquidity Measures
| Avg. volume (000) | 4 |
| ADV traded (mns) | $0 |
| Turnover | 0.0% |
| Avg. Bid/Ask (% of price) | 0.19% |
Technical Indicators
| 30d moving avg. (EMA) | $52.62 |
| Relative strength (RSI) | 13 |
| MACD/Signal | -8.78/-2.45 |
| Bollinger Bands (Upper/Lower) | $91.21/$18.69 |
| Short interest (% of AUM) | 0.1% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. AIED |
Expenses vs. AIED |
ALTAR Score™ vs. AIED |
|---|---|---|---|---|
| TRFK | Pacer Data and Digital Revolution ETF | 44.5% | -26 bp | +0.7% |
| XLK | Technology Select Sector SPDR | 41.3% | -67 bp | +1.6% |
| BGRO | iShares Large Cap Growth Active ETF | 40.7% | -20 bp | 0.0% |
| RPG | Invesco S&P 500 Pure Growth ETF | 40.6% | -40 bp | -0.2% |
| PWB | Invesco Large Cap Growth ETF | 39.5% | -20 bp | +0.5% |
| IETC | iShares U.S. Tech Independence Focused ETF | 37.8% | -57 bp | +1.2% |
| MTUM | iShares MSCI USA Momentum Factor ETF | 37.8% | -60 bp | +1.2% |
| SPHB | Invesco S&P 500 High Beta ETF | 36.4% | -50 bp | +1.4% |
| IGM | iShares Expanded Tech Sector ETF | 36.4% | -38 bp | +1.0% |
| FTEC | Fidelity MSCI Information Technology Index ETF | 36.1% | -67 bp | +1.2% |
Risk and Returns: AIED vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/3/2026
Peer Group Comparison
Sample data. Subscribe for access.
Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
3.5%
ALTAR SCORE™
17th
PERCENTILE
AVOID
ETFRC RATING
There are 1,395 funds in the US Equity category with an average
ALTAR Score™ of 5.5% and a standard deviation
of 2.1%. AIED's ALTAR Score™ is approximately -1.0 standard
deviations above the category average. This places AIED in the 17th percentile
among funds in the category.
Sell-Side Consensus
$
PRICE TARGET
-100.0%
UPSIDE