The asset manager has expanded its thematic exchange-traded funds (ETF) range with two funds targeting semiconductor infrastructure and artificial intelligence (AI)-related technology.
Defiance ETFs has launched two ETFs - the Defiance US 100 Tech Ex Software ETF (XIGV) and the Defiance Daily Target 2X Long DRAM ETF (DRAL) - focused on artificial intelligence and semiconductor-related investment themes. Both ETFs are trading on Cboe The XIGV ETF is a passive fund that tracks the Indxx US 100 Tech Focused Ex Software Technology Index, providing exposure to large Nasdaq-listed technology companies while screening out businesses that generate at least 50% o