AIPO: DEFIANCE AI & POWER INFRASTRUCTURE ETF
Understanding the DEFIANCE AI & POWER INFRASTRUCTURE ETF (AIPO)
The DEFIANCE AI & POWER INFRASTRUCTURE ETF (ticker: AIPO) is designed to invest in companies involved in artificial intelligence and power infrastructure. As of October 12, 2026, the ETF is trading at $28.28.
What this ETF is trying to do
This ETF focuses on the intersection of AI technology and the power systems needed to run it. It holds a variety of companies that provide the hardware, energy, and infrastructure required for modern computing. According to the provided data, the fund holds 84 total companies.
Top Holdings:
• EATON CORP PLC (8.96%)
• GE VERNOVA INC (8.79%)
• QUANTA SERVICES INC (7.62%)
• VERTIV HOLDINGS CO CLASS A (7.26%)
• CAMECO CORP (4.38%)
• NVIDIA CORP (4.37%)
• BLOOM ENERGY CORP CLASS A (4.25%)
• CONSTELLATION ENERGY CORP (4.24%)
• BROADCOM INC (3.94%)
• ADVANCED MICRO DEVICES INC (2.39%)
*Note: This list is a partial view of the holdings and can change over time.*
What the numbers show
The ETF has shown significant share-price growth recently.
• Year-to-Date (YTD) Price Return: The share price has increased by approximately 27.85%.
• One-Year Price Return: The share price has increased by approximately 20.80%.
• Estimated Price Comparison: One year ago, the price was estimated to be approximately $23.41.
When looking at Total Return (which includes both price changes and distributions), the one-year total return was approximately 20.82%. The YTD total return matches the price return at 27.85%.
Income and distribution explanation
AIPO provides a distribution yield of approximately 0.88%. The trailing distributions were $0.0025 per share.
It is important to note that the distribution frequency is described as "irregular" or "less frequent," with only one payout recorded in the last 12 months. Because the frequency is irregular, this ETF may not be a consistent source of regular cash flow.
NAV erosion explanation
"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.
However, regarding price erosion (the decline in the market price of the shares), the data shows a healthy trend. The erosion score is 100, which is labeled as "No price erosion detected," and the erosion severity is rated as "good." There is no severe erosion-risk flag for this ETF.
Pros
• Strong Price Growth: The ETF has seen significant positive price returns both year-to-date and over the last year.
• Low Price Erosion Risk: The current erosion score suggests the share price has not been steadily declining.
Cons
• Irregular Income: The distributions are not frequent, which may be a concern for investors looking for steady monthly or quarterly income.
• Low Yield: The distribution yield is relatively low at 0.88%.
Beginner takeaway
AIPO is an ETF focused on the infrastructure behind AI. While it has shown strong growth in its share price over the last year, its income payments are infrequent. Investors should distinguish between the fund's ability to grow in price and its ability to provide regular cash distributions.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | EATON CORP PLC | ETN | 8.96% |
| 2 | GE VERNOVA INC | GEV | 8.79% |
| 3 | QUANTA SERVICES INC | PWR | 7.62% |
| 4 | VERTIV HOLDINGS CO CLASS A | VRT | 7.26% |
| 5 | CAMECO CORP | n/a | 4.38% |
| 6 | NVIDIA CORP | NVDA | 4.37% |
| 7 | BLOOM ENERGY CORP CLASS A | BE | 4.25% |
| 8 | CONSTELLATION ENERGY CORP | CEG | 4.24% |
| 9 | BROADCOM INC | AVGO | 3.94% |
| 10 | ADVANCED MICRO DEVICES INC | AMD | 2.39% |