Exchange Listed Funds Trust - QRAFT AI-Pilot U.S. Large Cap Dynamic Beta and Income ETF (NYSE Arca: AIDB) is an actively managed exchange-traded fund that seeks long-term capital appreciation and income by investing in a portfolio of exchange-traded funds primarily focused on U.S. large capitalization equity securities; it employs a proprietary AI-powered risk model developed by Qraft Technologies to dynamically adjust its equity exposure between 100% and 0% on a weekly basis based on assessments of market drawdown risk derived from over 70 macro and market data sets, including factors such as momentum, volatility, and correlation, while shifting to cash or cash equivalents during periods of elevated risk. The fund, issued under the Exchange Listed Funds Trust and advised through Qraft Technologies' AI-driven strategies, targets investors seeking downside mitigation and lower portfolio volatility amid market fluctuations; it holds concentrated positions, often fully allocated to broad-based U.S. large-cap ETFs or cash depending on AI signals. AIDB operates principally in the U.S. equity market segment with a focus on dynamic beta strategies for institutional and retail investors.
Launched on May 23, 2023, the ETF represented a pioneering product as the first fully AI-powered risk-managed ETF in the market, leveraging Qraft Technologies' proprietary model backed by SoftBank investment; it was sponsored by Exchange Listed Funds Trust, a common trust structure for thematic ETFs, with Qraft Technologies, founded in 2016 and headquartered in Seoul, South Korea, providing the core AI engine developed in collaboration with LG AI Research.
Recent developments include Qraft Technologies' strategic technical collaboration with First Securities Investment Trust Co., LTD (FSITC) announced in April 2024 to jointly develop AI and deep learning algorithms for multi-factor screening, market risk forecasting, and enhanced investment strategies; additionally, in August 2023, Qraft partnered with Hex Trust to create AI-driven digital asset products for institutional clients, expanding beyond traditional equities. The ETF itself ceased trading and was delisted in February 2024 as part of a broader wave of ETF closures amid low assets under management, marking a significant operational wind-down for AIDB while Qraft continues to manage other AI-enhanced ETFs such as QRFT and AMOM. Qraft Technologies maintains global operations with offices in Seoul, New York, and Asia-Pacific hubs, serving financial institutions through AI-powered portfolio construction and risk management solutions.