This thematic exchange-traded fund, issued by Defiance, focuses on investing in artificial intelligence hardware and the power infrastructure industries that support it. Driven by the explosive growth of large AI models and hyperscale data centers, demand for electrical grids, clean energy, and hardware facilities has surged. By tracking a dedicated index, the fund primarily allocates capital to U.S.-listed companies across key segments of the value chain, including data center operators, power equipment manufacturing, utilities, nuclear power generation, and AI semiconductor hardware, aiming to capture the dividends of the energy revolution spurred by AI computing power.