The premier AI-managed ETFs ring in their fifth
birthday with a proven track record of outperformance since
inception, pointing to the success of AI integration in investment
strategies
Qraft Technologies, a leading AI-powered invest-tech company
backed by SoftBank Group, is pleased to honor the fifth anniversary
of the firm’s flagship funds Qraft AI-Enhanced U.S. Large Cap
Momentum ETF (NYSE: AMOM) and Qraft AI-Enhanced U.S. Large Cap ETF
(NYSE: QRFT).
Launched in May of 2019, AMOM and QRFT seek to leverage
top-of-the-line AI technologies and machine learning to deliver
superior market exposure and optimized returns based on traditional
factors including momentum, quality, and value alongside factors
discovered by Qraft’s AI. Both funds offer investor exposure to
U.S. large-cap stocks, with AMOM targeting the top names
demonstrating attractive momentum and QRFT honing in on names that
the model believes has a high probability of performing well based
on exposure to multiple factors.
The suite of ETFs was the firm’s debut in the ETF space and
amongst the first AI-powered ETF strategies available to investors.
The trailblazing launch of these products brought cutting-edge
investment solutions active ETFs through Qraft’s proprietary AI
technology to the market, marking a pivotal milestone for the
industry-wide integration of AI and asset management.
“AI has been continuously captivating investors’ attention, and
the potential for these technologies to revolutionize the portfolio
construction process is immense.” states Francis Oh, COO and APAC
CEO from Qraft. “Our AI ETFs have been at the forefront of using AI
to reshape the asset management industry. As we commemorate their
anniversary, we not only reflect on their success in navigating
market volatility and delivering substantial returns, but also look
forward to the future. We are committed to continually advancing
these technologies and their investment applications to benefit our
partners and clients.”
AMOM and QRFT’s strategies have demonstrated impressive
performances since their inception leveraging the AI technology for
tactical stock selection that rebalances monthly. AMOM has
generated a cumulative return of 111.6% (Full standardized
performance can be found here) since its inception; notably
outperforming its benchmark, the iShares MSCI USA Momentum Factor
ETF (MTUM), by a substantial margin of 34.3% (Full standardized
performance can be found here). QRFT boasted a cumulative return of
114.2% (Full standardized performance can be found here) since
inception, outperforming its benchmark, the SPDR S&P 500 ETF
(SPY), by 11.7% (Full standardized performance can be found here).
The funds provided investors with 17.4% and 11.8% returns year to
date as of May 20, 2024, respectively.
“We believe the strength of our ETF products is a testament to
the long-term potential and high caliber of performance made
possible by AI intervention in the portfolio allocation process,”
adds Marcus Kim, Founder and CEO of Qraft Technologies. “By
removing human biases and errors, AI is able to offer superior,
data-driven investment recommendations in line with investment
goals and accounting for market variability. We look forward to
continuing to deliver progressive AI-enabled solutions for our
investors and leading the industry in the application of these
pioneering technologies.”
To learn more about Qraft and their series of AI-powered ETFs
visit: qraftaietf.com
About Qraft
Qraft is an invest-tech company pioneering the use of artificial
intelligence (AI) in security selection and asset allocation.
Founded in South Korea in 2016, Qraft uses AI techniques, including
machine learning and deep learning, to advance the scope, scale,
and speed of investment decision making, globally. In addition to
the three AI ETFs listed on the NYSE (tickers: QRFT, AMOM, and
LQAI), Qraft offers portfolio construction and model management
solutions powered by AI that have been adopted by major financial
institutions around the world.
Disclosure
Performance data quoted represents past performance and is no
guarantee of future results. Current performance may be lower or
higher than the performance data quoted. Investment return and
principal value will fluctuate so that an investor’s shares, when
redeemed, may be worth more or less than original cost. Returns
less than one year are not annualized. For current month end
standard performance, holdings, and expenses, visit
www.qraftaietf.com/amom and
www.qraftaietf.com/qrft.
Investors should consider the investment objectives, risks,
charges and expenses carefully before investing. For a prospectus
or summary prospectus with this and other information about the
Fund, please call (855) 973-7880 or visit our website at
www.qraftaietf.com. Read the prospectus or summary
prospectus carefully before investing.
The Funds are distributed by Foreside Fund Services, LLC
Investing involves risk, including loss of principal. The Fund
is subject to numerous risks including but not limited to: Equity
Risk, Sector Risk, Large Cap Risk, Management Risk, and Trading
Risk. The Fund relies heavily on a proprietary artificial
intelligence selection model as well as data and information
supplied by third parties that are utilized by such model. To the
extent the model does not perform as designed or as intended, the
Fund’s strategy may not be successfully implemented and the Fund
may lose value. Additionally, the fund is non-diversified, which
means that it may invest more of its assets in the securities of a
single issuer or a smaller number of issuers than if it were a
diversified fund. As a result, each Fund may be more exposed to the
risks associated with and developments affecting an individual
issuer or a smaller number of issuers than a fund that invests more
widely. A new or smaller fund’s performance may not represent how
the fund is expected to or may perform in the long term if and when
it becomes larger and has fully implemented its investment
strategies. Read the prospectus for additional details regarding
risks.
The Funds investments are susceptible to risks affecting the
consumer discretionary, consumer staples, health care and
information technology sectors.
For standardized performance and performance to the most
recent month-end for the SPDR S&P 500 ETF Trust (SPY),
please click here.
QRFT is a broadly diversified, actively managed, multi-factor
strategy ETF designed to outperform the S&P 500 Index. SPY is
the flagship ETF tracking the S&P500 Index, and as such
substantially overlaps QRFT in security exposure.
investment objectives, strategies, policies, or restrictions of
other funds may differ and more information can be found in their
respective prospectuses. Therefore, we generally do not believe it
is possible to make direct fund to fund comparisons in an effort to
highlight the benefits of a fund versus another similarly managed
fund.
For standardized performance and performance to the most
recent month-end for the iShares MSCI USA Momentum Factor ETF
(MTUM), please click here.
AMOM is an actively managed ETF, combining targeted momentum
factor exposure with security selection, and is designed to
outperform a passive momentum exposure. MTUM is the flagship index
ETFs tracking a passive momentum exposure. Both ETFs broadly draw
from the same universe of large-cap US stocks.
All funds are managed differently and do not react the same to
economic or market events. The investment objectives, strategies,
policies, or restrictions of other funds may differ and more
information can be found in their respective prospectuses.
Therefore, we generally do not believe it is possible to make
direct fund to fund comparisons in an effort to highlight the
benefits of a fund versus another similarly managed fund.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240521786676/en/
Media: Klaudia Wierzbowska Gregory FCA for Qraft AI ETFs
Email: klaudia@gregoryfca.com Phone: 570-856-1360
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