Defiance launches a 10-stock AI ETF

Defiance’s new AIMG fund launched a 10-stock AI supply-chain basket and showed $484,422.09 in net assets, 25,000 shares outstanding, and a 0.61% gross expense ratio on the fund’s live overview. Its equal-weight index spans compute, ASICs, foundries, memory, networking, photonics, and physical AI; with a 0.05% median 30-day spread, it is a live liquidity test rather than a diversified demand signal, so builders tracking capital appetite should compare it with our analysis of AI supply-chain sales growth.