{
 "ticker": "LQAI",
 "name": "LG QRAFT AI-Powered U.S. Large Cap Core ETF",
 "issuer": "Qraft",
 "desk": "themes",
 "url": "https://etfiq.com/funds/lqai",
 "html": "https://etfiq.com/funds/lqai",
 "markdown": "https://etfiq.com/funds/lqai.md",
 "as_of": "2026-09-11",
 "verdict": "LQAI holds 100 stocks, and 10% of its weight is outside the S&P 500.",
 "key_facts": [
  {
   "key": "already_in_the_s_p_500",
   "label": "Already in the S&P 500",
   "value": "89.9%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "LQAI, already in the S&P 500: 89.9%, as of Sep 11, 2026."
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "62.1%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "LQAI, active share vs the S&P 500: 62.1%, as of Sep 11, 2026."
  },
  {
   "key": "top_ten_holdings",
   "label": "Top ten holdings",
   "value": "40.4%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "LQAI, top ten holdings: 40.4%, as of Sep 11, 2026."
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "+19.5%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "LQAI, total return, 1 year: +19.5%, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$2m",
   "source": "SEC filing, whole fund, as filed for Apr 30, 2026",
   "as_of": "2026-09-11",
   "sentence": "LQAI, net assets: $2m (SEC filing, whole fund, as filed for Apr 30, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.75%",
   "source": "485BPOS XBRL, Aug 27, 2026",
   "as_of": "2026-09-11",
   "sentence": "LQAI, expense ratio: 0.75% (485BPOS XBRL, Aug 27, 2026)."
  }
 ],
 "fields": [
  {
   "key": "theme",
   "label": "Theme",
   "value": "Artificial intelligence",
   "source": "ETFIQ, editorial"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Nov 7, 2023",
   "source": null
  },
  {
   "key": "already_in_the_s_p_500_by_weight",
   "label": "Already in the S&P 500, by weight",
   "value": "89.9%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "62.1%",
   "source": "ETFIQ"
  },
  {
   "key": "already_in_the_nasdaq_100_by_weight",
   "label": "Already in the Nasdaq-100, by weight",
   "value": "58.2%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_nasdaq_100",
   "label": "Active share vs the Nasdaq-100",
   "value": "58.4%",
   "source": "ETFIQ"
  },
  {
   "key": "top_ten_holdings_weight",
   "label": "Top ten holdings weight",
   "value": "40.4%",
   "source": null
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "100",
   "source": null
  },
  {
   "key": "holdings_as_of",
   "label": "Holdings as of",
   "value": "Apr 30, 2026",
   "source": "SEC N-PORT"
  },
  {
   "key": "top_holdings",
   "label": "Top holdings",
   "value": "NVIDIA CORP 6.0%, MICRON TECHNOLOGY INC 5.9%, TESLA INC 5.9%, SANDISK CORP 5.4%, MICROSOFT CORP 3.4%, AMAZON.COM INC 3.2%, BROADCOM INC 2.9%, APPLE INC 2.6%, META PLATFORMS INC 2.6%, ALPHABET INC 2.4%",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$2m",
   "source": "SEC filing, whole fund, as filed for Apr 30, 2026"
  },
  {
   "key": "below_its_all_time_high",
   "label": "Below its all-time high",
   "value": "\u22124.3%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.75%",
   "source": "485BPOS XBRL, Aug 27, 2026"
  },
  {
   "key": "fee_for_the_part_that_differs_from_the_s_p_500_active_expense_ratio",
   "label": "Fee for the part that differs from the S&P 500, active expense ratio",
   "value": "1.21%",
   "source": "ETFIQ"
  },
  {
   "key": "closest_funds_by_holdings_overlap",
   "label": "Closest funds by holdings overlap",
   "value": "IETC 37%, AIX 37%, USNZ 36%, IVES 36%, AIEQ 36%",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Total return": "\u22121.6%",
   "S&P 500": "+3.3%",
   "Gap to S&P 500": "\u22124.9 pts",
   "Gap to Nasdaq-100": "\u22120.8 pts"
  },
  {
   "window": "6 months",
   "Total return": "+19.7%",
   "S&P 500": "+16.0%",
   "Gap to S&P 500": "+3.7 pts",
   "Gap to Nasdaq-100": "\u22121.0 pts"
  },
  {
   "window": "1 year",
   "Total return": "+19.5%",
   "S&P 500": "+17.5%",
   "Gap to S&P 500": "+2.0 pts",
   "Gap to Nasdaq-100": "\u22123.5 pts"
  },
  {
   "window": "Since launch",
   "Total return": "+87.7%",
   "S&P 500": "+80.9%",
   "Gap to S&P 500": "+6.8 pts",
   "Gap to Nasdaq-100": "\u22127.1 pts"
  }
 ],
 "questions": [
  {
   "q": "How much of LQAI is in S&P 500 companies?",
   "a": "By its holdings filed for Apr 30, 2026, 90% of LQAI by weight is stocks the S&P 500 already holds. Its active share against the index is 62%, so that share is the part doing something different."
  },
  {
   "q": "What does LQAI hold?",
   "a": "100 positions as filed for Apr 30, 2026, with the top ten at 40% of the fund. The largest are NVIDIA CORP at 6.0%, MICRON TECHNOLOGY INC at 5.9%, TESLA INC at 5.9%."
  },
  {
   "q": "Has LQAI beaten the S&P 500?",
   "a": "Over the year to Sep 11, 2026 LQAI returned +19.5% with distributions reinvested, against +17.5% for the S&P 500, so it finished ahead of the index by 2.0 points."
  },
  {
   "q": "What does LQAI cost?",
   "a": "The prospectus expense ratio is 0.75% a year. Because 62% of the fund differs from the S&P 500, the fee on that differing part works out at 1.21%."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}