Key stats
About QRAFT AI-Enhanced U.S. Large Cap 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
Primary advisor
Exchange Traded Concepts LLC
Distributor
Foreside Fund Services LLC
QRFT combines active management with a proprietary artificial intelligence (AI) security selection process that extracts patterns from analyzing data. The fund holds a balanced exposure of five main factors affecting the US market: quality (based on profitability), size (based on market-cap), value (based on price-to-book), momentum, and volatility. QRFT evaluates how each individual factor would affect a company over time and identifies 300 to 350 companies that have the greatest potential to outperform their US large-cap peers over the next three-month period. Since the funds database is adjusted on a monthly basis, QRFT is expected to frequently buy and sell securities, which could result to a high portfolio turnover.
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
Finance
Retail Trade
Stocks99.80%
Electronic Technology24.50%
Technology Services20.47%
Finance16.74%
Retail Trade13.49%
Health Technology8.54%
Commercial Services4.79%
Consumer Non-Durables3.22%
Producer Manufacturing2.70%
Consumer Services1.86%
Communications0.95%
Consumer Durables0.56%
Distribution Services0.54%
Industrial Services0.50%
Transportation0.42%
Health Services0.26%
Process Industries0.11%
Utilities0.08%
Energy Minerals0.03%
Non-Energy Minerals0.03%
Bonds, Cash & Other0.20%
Cash0.20%
Stock breakdown by region
North America97.04%
Europe2.96%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history