LQAI: LG QRAFT AI-POWERED U.S. LARGE CAP CORE ETF
ETF Education Report: LQAI
What this ETF is trying to do
The LG QRAFT AI-Powered U.S. Large Cap Core ETF (ticker: LQAI) is an exchange-traded fund that focuses on large U.S. companies. It uses artificial intelligence to help manage its portfolio. This ETF holds a variety of different stocks across various industries.
What the numbers show
When looking at an ETF, it is important to know the difference between "price return" and "total return." Price return only tracks how much the share price changed. Total return includes both the price change and any cash payments (distributions) made to investors.
Based on the data for LQAI:
• Year-to-Date (YTD): The price return is approximately 21.00%. The total return is approximately 21.53%.
• One-Year: The price return is approximately 18.03%. The total return is approximately 19.26%.
To visualize the price change, we can look at an estimated price from roughly one year ago. The price was approximately $40.05, and the current price is $47.27.
Income and distribution explanation
Some investors look for ETFs that pay out cash, known as distributions. LQAI has a distribution yield of approximately 0.89%. This means the cash payments are about 0.89% of the ETF's price. These distributions usually happen quarterly, and there were 4 payments in the last 12 months. It is important to remember that a distribution yield is not the same as total return.
NAV erosion explanation
"NAV erosion" refers to a situation where the value of the underlying assets in the fund decreases significantly over time. StockValueFinder uses an "erosion-risk score" to help measure this risk. For LQAI, the erosion score is 100, and the label indicates "No price erosion detected." There is no severe erosion-risk flag for this ETF.
Top Holdings
The following are the top holdings in this portfolio (note that this is a partial list):
• Micron Technology Inc: 5.35%
• NVIDIA Corp: 5.35%
• Microsoft Corp: 4.96%
• Amazon.com Inc: 4.49%
• Apple Inc: 3.96%
• Advanced Micro Devices Inc: 3.62%
• Sandisk Corp: 3.55%
• Tesla Inc: 3.29%
• Intel Corp: 2.95%
• JPMorgan Chase & Co: 2.54%
Please keep in mind that holdings can change over time.
Pros
• The ETF has shown positive price returns and total returns over the last year.
• The erosion-risk measurement is rated as "good."
Cons
• The distribution yield is relatively low (0.89%).
• Data for the three-year return was not supplied.
Beginner takeaway
LQAI is an ETF that tracks large U.S. companies. It has recently seen growth in both its share price and its total return. While it does pay out small cash distributions, most of its performance comes from the increase in the share price itself. Always remember that past performance does not guarantee what will happen in the future.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | META PLATFORMS INC CLASS A | META | 4.87% |
| 2 | MICRON TECHNOLOGY INC | MU | 4.80% |
| 3 | ADVANCED MICRO DEVICES INC | AMD | 4.49% |
| 4 | NVIDIA CORP | NVDA | 4.49% |
| 5 | SANDISK CORP ORDINARY SHARES | SNDK | 4.24% |
| 6 | n/a | SPCX | 4.22% |
| 7 | INTEL CORP | INTC | 4.05% |
| 8 | APPLE INC | AAPL | 3.83% |
| 9 | MICROSOFT CORP | MSFT | 3.69% |
| 10 | TESLA INC | TSLA | 2.97% |