NVQ QRAFT AI-Enhanced US Next Value ETF

This is an actively managed fund that seeks capital appreciation. The fund seeks to achieve its investment objective by utilizing a value investing strategy enhanced by the use of artificial intelligence, as described below. Under normal circumstances, the Fund will invest at least 80% of its net assets, plus the amounts of any borrowings for investment purposes, in securities of U.S.-listed companies. The Fund generally will invest in U.S.-listed companies having a market capitalization of at least $1 billion at the time of purchase (the “Universe”). The Fund will invest in the common stock of such companies. The Fund’s adviser, Exchange Traded Concepts, LLC (the “Adviser”), uses an investment process based on a proprietary artificial intelligence security selection process that extracts patterns from analyzing data, as discussed below, developed by QRAFT Technologies, Inc. (“Qraft”). Qraft AI filters the securities in the Universe using a proprietary methodology that takes into account the value of a company’s future intangible assets to identify companies with an intrinsic value that is higher than their book value. . Qraft AI then estimates each stock’s relative superiority of price appreciation (i.e., increase in stock price) over the rest of the pool for the next one month investment period using deep learning technologies (i.e., exposure to and processing of large amounts of data) and the distribution of each stock’s relative superiority of price appreciation for the same period using deep learning architectures such as Bayesian neural networks that estimate the uncertainty of its forecast, and selects the top 100 stocks based on the average of the distribution of each stock’s relative superiority of price appreciation for inclusion in the database.

$32.67  +0.48 (1.48%)
As of 08/12/2022 16:00:00 EST     IEX book   CBOE book

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ETF Information

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Sponsor:     QRAFT
Category1:  US Equity
Category2:  Broad market
Category3:  Large and mid cap
Morningstar category:  
Leverage factor:  1.00
Inception date:  12/03/2020
Current yield:  1.69%
Historical average yield:  1.30%
Market cap:  $5,582,360
Average volume:  79
Fees:     0.7500%
Investment style: Actively managed
Factors used to select securities:
Value