These AI-Powered ETFs by Qraft Have Beat the Market Since 2019
In 2019, Qraft Technologies launched two ETFs — which use AI to identify patterns faster than humans — and have beaten the S&P 500 since their inception.
1/ AI-Enhanced US Large Cap ETF (NYSE:QRFT) — which holds large-cap US stocks based on various factors like quality, size and low risk.
Top 5 holdings: Microsoft, Apple, Humana, UnitedHealth Group and Costco.
2/ AI-Enhanced US Large Cap Momentum ETF (NYSE:AMOM) — which invests in large-cap US stocks based on momentum factors.
Top 5 holdings: Walmart, Home Depot, Lowe’s, Booking Holdings and Regeneron Pharmaceuticals.
At 0.75%, the annual fees for both ETFs are higher than your typical S&P 500 ETF. Still, it’s too short of a timeframe to see how the ETFs perform in various market conditions.