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[BUSINESS] · United States · 5 sources

Defiance ETFs adds AI moat and 2× DRAM leveraged ETFs

Defiance ETFs announced the launch of three new exchange‑traded funds in late June 2026. The Defiance US 100 Tech AI Moat ETF (ticker AIX) tracks the Indxx US 100 Tech AI Moat Index, selecting Nasdaq 100 companies judged to have durable competitive advantages in artificial‑intelligence applications and excluding firms most exposed to AI disruption. A companion fund, the Defiance US 100 Tech Ex Software ETF (ticker XIGV), uses a similar methodology but removes companies deriving more than half of revenue from software‑related businesses, resulting in a portfolio heavily weighted toward semiconductors, hardware and connectivity firms.

In parallel, Defiance introduced the Daily Target 2X Long DRAM ETF (ticker DRAL), a leveraged product that seeks to deliver twice the daily return of a DRAM‑focused index. The fund employs swaps and listed options and rebalances daily, targeting active traders willing to monitor short‑term price movements. All three ETFs are thematic, aimed at capturing the growing demand for semiconductor memory and AI‑related hardware.

The new funds trade on U.S. exchanges, and Defiance highlighted that they are intended for sophisticated investors aware of the heightened risk and volatility associated with leveraged and sector‑focused strategies.