Defiance AI Magnificent 10 ETF is a passively managed exchange-traded fund that seeks to replicate the price and yield performance, before fees and expenses, of the BITA AI Magnificent 10 Select Index. The fund provides targeted exposure to 10 publicly listed global companies operating across critical business verticals of the artificial intelligence value chain, including compute and accelerators, custom ASICs, foundries, memory, networking, photonics, and physical artificial intelligence systems using an equal-weighted quarterly rebalancing framework.
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