AIPO – Defiance AI & Power Infrastructure ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to track the performance, before fees and expenses, of the MarketVector™ U.S. Listed AI and Power Infrastructure Index. The index is a thematic index tracking the performance of U.S. exchange-listed companies contributing to critical electrical grid, artificial intelligence (“AI”) and data infrastructure through decentralized energy technologies, electrical utilities and related components and construction, data center operations, and AI-related computing hardware. Under normal circumstances, at least 80% of the fund’s net assets will be invested in securities of AI & Power Infrastructure Companies. The fund is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
AIPO	Defiance AI & Power Infrastructure ETF	ETF	Open	—	—	Jul 24, 2025	$925.75M	0.690%	—	—	$938.84M

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