Qraft Technologies’ Flagship ETFs AMOM and QRFT Celebrate 5th Anniversary with Powerful Performance Milestones

Qraft Technologies, a leading AI-powered invest-tech company backed by SoftBank Group, is pleased to honor the fifth anniversary of the firm’s flagship funds Qraft AI-Enhanced U.S. Large Cap Momentum ETF (NYSE: AMOM) and Qraft AI-Enhanced U.S. Large Cap ETF (NYSE: QRFT).

Launched in May of 2019, AMOM and QRFT seek to leverage top-of-the-line AI technologies and machine learning to deliver superior market exposure and optimized returns based on traditional factors including momentum, quality, and value alongside factors discovered by Qraft’s AI. Both funds offer investor exposure to U.S. large-cap stocks, with AMOM targeting the top names demonstrating attractive momentum and QRFT honing in on names that the model believes has a high probability of performing well based on exposure to multiple factors.

The suite of ETFs was the firm’s debut in the ETF space and amongst the first AI-powered ETF strategies available to investors. The trailblazing launch of these products brought cutting-edge investment solutions active ETFs through Qraft’s proprietary AI technology to the market, marking a pivotal milestone for the industry-wide integration of AI and asset management.

“AI has been continuously captivating investors’ attention, and the potential for these technologies to revolutionize the portfolio construction process is immense.” states Francis Oh, COO and APAC CEO from Qraft. “Our AI ETFs have been at the forefront of using AI to reshape the asset management industry. As we commemorate their anniversary, we not only reflect on their success in navigating market volatility and delivering substantial returns, but also look forward to the future. We are committed to continually advancing these technologies and their investment applications to benefit our partners and clients.”

AMOM and QRFT’s strategies have demonstrated impressive performances since their inception leveraging the AI technology for tactical stock selection that rebalances monthly. AMOM has generated a cumulative return of 111.6% (Full standardized performance can be found here) since its inception; notably outperforming its benchmark, the iShares MSCI USA Momentum Factor ETF (MTUM), by a substantial margin of 34.3% (Full standardized performance can be found here). QRFT boasted a cumulative return of 114.2% (Full standardized performance can be found here) since inception, outperforming its benchmark, the SPDR S&P 500 ETF (SPY), by 11.7% (Full standardized performance can be found here). The funds provided investors with 17.4% and 11.8% returns year to date as of May 20, 2024, respectively.