QRAFT AI-Enhanced U.S. Large Cap ETF (QRFT) is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing primarily in U.S. large-cap equities selected and weighted through a proprietary artificial intelligence model developed by Qraft Technologies, Inc.; the AI system dynamically shifts exposure among proven factors including quality, size, value, momentum, and low volatility, while identifying undiscovered stock-specific opportunities from companies listed on the New York Stock Exchange and NASDAQ; the fund typically holds approximately 100 to 302 securities, with top holdings concentrated in leading technology and financial firms such as NVIDIA Corp., Microsoft Corp., and Apple Inc., providing diversified large-cap blend exposure benchmarked against the S&P 500 Index. Launched on May 20, 2019, and sponsored by Cottonwood ETF Holdings LLC, with Exchange Traded Concepts LLC serving as investment adviser, QRFT operates from offices tied to its Seoul, South Korea-based technology provider Qraft Technologies, founded in 2016, and targets institutional and retail investors seeking AI-enhanced U.S. equity strategies; the fund distributes annually via 1099 taxation, maintains an expense ratio of 0.75%, and as of late 2025 manages approximately $16 million in assets under management. In recent developments, QRFT marked its fifth anniversary in May 2024 alongside sister fund AMOM, highlighting cumulative returns of 114.2% since inception outperforming the SPDR S&P 500 ETF (SPY) by 11.7%; Qraft Technologies, backed by a $146 million investment from SoftBank Group in January 2022, expanded AI partnerships including with LG AI Research for related products and pursued global growth into the U.S. and Asia-Pacific; both QRFT and peer ETFs surpassed $50 million in AUM individually by September 2024, with ongoing monthly rebalancing and updated schedules of investments through July 2025 reflecting active portfolio evolution.