MicroSectors -3x Short Artificial Intelligence (AI) ETNs
AIQD
New York Stock Exchange Arca- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- MicroSectors -3x Short Artificial Intelligence (AIQD) ETNs, issued by Bank of Montreal (BMO) and managed by REX Shares, LLC, provide daily leveraged exposure to the performance of a defined AI index on a 3x inverse basis, targeting sophisticated traders seeking short-term hedging and tactical exposure within the AI theme. The product family aims to offer targeted beta in the artificial intelligence ecosystem, using an exchange-traded note structure designed for daily reset and rebalancing to reflect -3x performance before fees and expenses. The ETNs are listed on NYSE Arca and are intended as daily trading tools rather than buy-and-hold investments, with features including transparent methodology, defined maturity through 2046, and risk disclosures related to leverage, compounding effects, and potential total loss in adverse market conditions. The issuer provides collateral management and credit risk considerations inherent in ETNs, while the sponsor and sponsor affiliates publish daily indicative data, performance tracking, and prospectus disclosures accessed via EDGAR and the issuer’s product websites. The broader MicroSectors AI suite also includes a complementary 3x long AI ETN (AIQU) to provide paired tactical exposure, offering investors a means to implement short-term directional views on AI equities via leverage. Geographic and market focus centers on U.S. equity exposure through the underlying AI index, with trading and settlement conducted through standard U.S. exchange mechanisms, and regulatory oversight aligned with U.S. securities rules. Founding and headquarters: Bank of Montreal, headquartered in Toronto, Canada, while REX Shares serves as the linked sponsor for these notes; the collaboration combines BMO’s structured note capabilities with REX’s notes issuance and distribution platform to serve institutional and accredited investors seeking leveraged, daily-treset AI exposure in North American markets. Subsidiaries and affiliations include BMO Financial Group entities involved in wealth, capital markets, and investment products, alongside REX’s distribution network for ETNs and related exchange-traded products.