Key stats
About QRAFT AI-Enhanced U.S. Large Cap Momentum ETF
Home page
Inception date
May 20, 2019
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Exchange Traded Concepts LLC
Distributor
Foreside Fund Services LLC
Actively-managed AMOM uses a proprietary artificial intelligence (AI) security selection process that extracts patterns from analyzing data. The AI system finds a period within those 3 to 36 months that resulted in the best performance of stocks in the past and ranks those stocks by their residual returns, which are defined as its total return after removal of market, size and value risks factored into portfolio construction under conventional portfolio management. AMOM uses this metric on the stock management theory which states that stocks with higher residual returns have the potential to perform better and more consistently over time than conventional momentum stocks. The fund limits the weighting of a single security to 10% and no more than 40% of the funds assets may be invested in securities with more than 5% weighting in the portfolio.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Technology Services
Stocks99.85%
Electronic Technology26.51%
Technology Services21.69%
Finance8.78%
Retail Trade7.93%
Consumer Services4.39%
Industrial Services4.34%
Distribution Services4.14%
Health Technology4.11%
Consumer Non-Durables3.54%
Utilities3.50%
Transportation2.72%
Communications2.50%
Producer Manufacturing2.47%
Energy Minerals2.33%
Miscellaneous0.90%
Bonds, Cash & Other0.15%
Cash0.15%
Stock breakdown by region
North America98.32%
Europe1.68%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
AMOM invests in stocks. The fund's major sectors are Electronic Technology, with 26.51% stocks, and Technology Services, with 21.69% of the basket. The assets are mostly located in the North America region.
AMOM top holdings are NVIDIA Corporation and Meta Platforms Inc Class A, occupying 9.31% and 6.87% of the portfolio correspondingly.
AMOM last dividends amounted to 0.07 USD. The year before, the issuer paid 0.02 USD in dividends, which shows a 70.39% increase.
AMOM assets under management is 29.48 M USD. It's risen 1.29% over the last month.
AMOM fund flows account for 6.42 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
AMOM shares are issued by Cottonwood ETF Holdings LLC under the brand QRAFT. The ETF was launched on May 20, 2019, and its management style is Active.
AMOM expense ratio is 0.75% meaning you'd have to pay 0.75% of your investment to help manage the fund.
AMOM follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
AMOM invests in stocks.
AMOM price has risen by 2.72% over the last month, and its yearly performance shows a 6.28% increase. See more dynamics on AMOM price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.21% over the last month, showed a 14.86% increase in three-month performance and has increased by 6.19% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.21% over the last month, showed a 14.86% increase in three-month performance and has increased by 6.19% in a year.
AMOM trades at a premium (0.24%) meaning the ETF is trading at a higher price than the calculated NAV.