AIPO

Defiance AI & Power Infrastructure ETF

TechnologyNASDAQ-GMDefiance ETF
$30.93
$0.25 (+0.81%)
Delayed ≥20 min · Aug 13, 2026

Key Statistics

Net Assets (AUM)
$988.99M
Expense Ratio
See prospectus
Previous Close
$30.68
Day Range
$30.60 – $31.14
52-Week Range
$19.17 – $34.79
Volume
842.50K
Avg Vol (50D)
-
Beta
-3.78

Historical Performance

1M
+1.38%
3M
-4.12%
6M
+20.30%
YTD
+39.83%
1Y
+51.71%
3Y
5Y

Total return including reinvested distributions, from adjusted closing prices.

Price History

Price history is being compiled for this fund.

Top Holdings

PWR Quanta Services Inc 8.87%
GEV GE Vernova Inc 8.77%
VRT Vertiv Holdings Co 8.43%
ETN Eaton Corp PLC 7.73%
CCJ Cameco Corp 5.67%
NVDA NVIDIA Corp 3.51%
CEG Constellation Energy Corp 3.09%
BE Bloom Energy Corp 2.88%
AVGO Broadcom Inc 2.81%
HUBB Hubbell Inc 2.61%
MTZ MasTec Inc 2.38%
VST Vistra Corp 2.06%
D Dominion Energy Inc 1.89%
BWXT BWX Technologies Inc 1.87%
NVT nVent Electric PLC 1.85%
GNRC Generac Holdings Inc 1.69%
XEL Xcel Energy Inc 1.67%
AMD Advanced Micro Devices Inc 1.63%
PEG Public Service Enterprise Grou 1.55%
STRL Sterling Infrastructure Inc 1.47%
NXE NexGen Energy Ltd 1.36%
PCG PG&E Corp 1.31%
EQIX Equinix Inc 1.30%
DY Dycom Industries Inc 1.23%
VMI Valmont Industries Inc 1.22%

Top 25 holdings as of Feb 28, 2026 · source: SEC N-PORT. Full holdings & prospectus →

About AIPO

The Fund is an exchange-traded fund (“ETF”)that uses a “passive management” (or indexing) approach to track the performance, before fees and expenses, of the Index.The Index is a thematic index tracking the performance of U.S. exchange-listed companies contributing to critical electrical grid, artificialintelligence (“AI”) and data infrastructure through decentralized energy technologies (i.e., energy that is generated closeto where it will be used, rather than at an industrial plant, such as solar panels), electrical utilities and related components and construction,data center operations, and AI-related computing hardware (“AI & Power Infrastructure Companies”). The Index is ownedand administered by MarketVector Indexes GmbH (“Index Provider”). The Index is calculated and published by Solactive AG (“CalculationAgent”).  The Index    I. Eligible Universe  The Index’s eligible universe includes companieswhose business activity, products, or services includes one or more of the following sub-themes and generates at least 50% of its revenuefrom one or more of the sub-themes (“Sub-Themes”):    1. Power Generation and Electric Grid Equipment: includes companies that meet the revenue threshold through:   ● production of equipment used in the generation of electric power including, but not limited to, nuclear reactor technology and decentralized power generators including fuel cells   ● production of industrial battery and related charging equipment, and energy storage solutions   ● production of uranium and other metals or nuclear fuel used in generating nuclear energy   ● production of other products used in electrical grid infrastructure such as electric transmission and distribution equipment, meters and housings   ● production of power supplies, thermal management, and any other power related equipment   2. Construction and Engineering: includes companies that meet the revenue threshold through:   ● services related to building electric grid and power generation infrastructure   ● services related to building data centers, data and wireless communications, and other technology infrastructure   3. Electric Utilities and Power Producers: includes companies that meet the revenue threshold through:   ● energy generation from nuclear energy   ● operation as an independent power producer   ● operating and generating revenue in the data center, communications, and technology industries   4. Data Centers and AI Hardware: includes companies that meet the revenue threshold through:   ● ownership or operation of data centers, excluding those predominantly used for collocation (i.e., data center space 3rd parties rent out to a company for its servers and other computing hardware) or cryptocurrency mining   ● design and sale of AI Hardware (i.e., the general purpose and specialized computer parts and components, such as semiconductor chips, used to facilitate artificial intelligence tasks)     II. Constituent Selection  Securities in the Index’s eligible universeare then screened against size and liquidity requirements, including a minimum free-float (i.e., shares that are available to the public),minimum market capitalization, and minimum trading volume. All securities meeting this criteria are included in the Index. In the eventthere are less than 25 constituents that meet this criteria, the Index will select additional securities with the next highest rankings,although they do not meet this criteria, to achieve a portfolio size of 25 constituents. The Index includes one share class per companyin the investable universe. If more than one share class fulfills the minimum market capitalization and liquidity rules, only the classwith the largest share free-float market capitalization qualifies for the Index. In exceptional cases (e.g. significantly higher liquidityin a different share class), the Index Provider can choose to select a different share class.    III. Exclusion  The Index will primarily consist of common stocks.The Index will exclude limited partnerships as an investment type even if they meet the Index’s other criteria.    IV. Weighting  The Index allocates approximately to the Sub-Themes(listed above) as follows:    ● 50% of its weight to Sub-Theme 1   ● 15% of its weight to Sub-Theme 2   ● 15% of its weight to Sub-Theme 3   ● 20% of its weight to Sub-Theme 4  Within each Sub-Theme, individual securitiesare weighted based on their free-float adjusted market capitalization relative to other components in the same Sub-Theme, subject toa maximum limit on individual holdings. As of December 5, 2025, the  Index was comprised of 54 constituents with a market capitalizationof range between $151 million and $4.4 trillion.  To the extent the Index is concentrated ina particular sector or industry, the Fund is expected to be concentrated in that same sector or industry. As of  December 5, 2025,issuers in the Industrials sector and Electrical Equipment industry represented significant portions of the Index. The Fund is classifiedas “non-diversified” under the 1940 Act.    V. Rebalancing  Components of the Index are reconstituted andrebalanced on a quarterly basis in March, June, September, and December. The Fund’s Investment Strategy The Fund will invest all, or substantially all,of its assets in the component securities that make up the Index. Under normal circumstances, at least 80% of theFund’s net assets, plus borrowings for investment purposes, will be invested in securities of AI & Power Infrastructure Companies.For the purposes of this requirement, the Fund defines an AI & Power Infrastructure Company as a company that generates at least 50%of its revenue from one or more of the Sub-Themes. The Fund will generally use a “replication”strategy to achieve its investment objective, meaning it generally will invest in all of the Index components. However, the Fund may usea “representative sampling” strategy, meaning it may invest in a sample of the securities in the Index whose risk, returnand other characteristics closely resemble the risk, return and other characteristics of the Index as a whole, when the Adviser believesit is in the best interests of the Fund (e.g., when replicating the Index involves practical difficulties or substantial costs, an Indexconstituent becomes temporarily illiquid, unavailable, or less liquid, or as a result of legal restrictions or limitations that applyto the Fund but not to the Index). The Fund may invest in securities or other investmentsnot included in the Index, but which the Adviser believes will help the Fund track the Index. For example, the Fund may invest in securitiesthat are not components of the Index to reflect various corporate actions and other changes to the Index (such as reconstitutions, additions,and deletions). The Fund may have exposure to companies of allmarket capitalizations including small and micro-capitalization companies.

Data for AIPO is aggregated from third-party providers (Tiingo, Nasdaq, Finnhub) and SEC filings, may be delayed at least 20 minutes, and may be incomplete or contain errors. Nothing here is investment advice. Verify with the official prospectus before investing.