Key stats
About QRAFT AI-Enhanced U.S. Large Cap Momentum ETF
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Inception date
May 20, 2019
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
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
Technology Services
Electronic Technology
Finance
Stocks99.73%
Technology Services25.51%
Electronic Technology25.24%
Finance13.43%
Consumer Durables7.52%
Utilities6.16%
Health Technology3.92%
Producer Manufacturing3.43%
Retail Trade3.15%
Industrial Services3.14%
Consumer Services2.84%
Transportation1.87%
Miscellaneous1.39%
Consumer Non-Durables1.29%
Distribution Services0.86%
Bonds, Cash & Other0.27%
Cash0.27%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history