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New Filing Pushes AI Resilience ETF Targeting Heavy-Asset US Stocks

BeInCrypto
Defiance ETFs has filed for a new fund targeting US companies with high physical assets that are resilient against AI disruption.

Summary

Defiance ETFs has filed a preliminary prospectus for the Defiance US AI Resilience ETF, which seeks to invest in companies deemed resilient to artificial intelligence disruption. The fund tracks the VettaFi US AI Resilience Index, focusing on 'HALO' (Heavy Asset, Low Obsolescence) firms in sectors like energy, healthcare, and industrials. By prioritizing companies with inelastic demand and long-life physical infrastructure, the fund offers a contrarian approach to the typical AI-focused investment strategy.

(Source:BeInCrypto)