What this ETF is trying to do

The Defiance US 100 Tech AI Moat ETF (AIX) is designed to invest in technology companies, specifically focusing on those involved in Artificial Intelligence (AI). It aims to hold companies that have a "moat," which is a business advantage that makes it hard for competitors to succeed.

What the numbers show

As of September 25, 2026, the share price for AIX was $25.35.

Currently, there is not enough verified price history to provide a price return or a total return for the year-to-date, one-year, or three-year periods. Because this data is missing, an erosion-risk score has been withheld.

Top Holdings

The fund holds 33 different assets. As of October 12, 2026, the top holdings (which are a partial list) include:

• Palantir Technologies Inc: 6.44%

• Advanced Micro Devices Inc: 6.02%

• Microsoft Corp: 5.73%

• Meta Platforms Inc: 5.64%

• Micron Technology Inc: 5.47%

• NVIDIA Corp: 5.06%

• Apple Inc: 5.00%

• Intel Corp: 4.93%

• Amazon.com Inc: 4.55%

• Space Exploration Technologies Corp: 4.43%

Income and distribution explanation

AIX does not currently provide a distribution yield. The data shows 0% for the distribution yield and no distributions detected over the last 12 months. This means the ETF does not currently pay out cash income to its investors. It has an income rating grade of "D" with a score of 51.

NAV erosion explanation

NAV erosion happens when the actual value of the assets inside an ETF drops over time. 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, the severe erosion-risk flag is currently false.

Pros

• AI Exposure: The fund provides a way to invest in many major AI and tech companies, such as NVIDIA and Microsoft, through one single fund.

• Diversified Tech: It spreads its investments across 33 different holdings.

Cons

• No Income: This ETF does not pay distributions, so it does not provide cash flow for investors.

• Limited History: There is currently not enough verified price history to see how the fund has performed over the last few years.

Beginner takeaway

AIX is a tech-focused fund for those interested in Artificial Intelligence. It is not an income-generating investment because it does not pay distributions. Investors should be aware that there is limited historical performance data available to judge its long-term price trends.