ETF Evaluator:
China AI ETF (AICH)
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(as of Oct 13)
Best Performing in Technology Over the Last Year
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ETF Details
China AI ETF Overview
China AI ETF (AICH) is an actively managed Sector Equity Technology exchange-traded fund (ETF). Tidal Investments LLC launched the ETF in 2026.
The investment seeks long-term capital appreciation.
Under normal circumstances, the fund invests at least 80% of its net assets, plus borrowings for investment purposes, in equity securities and derivative instruments of companies that are located in China or are economically tied to China and that derive significant revenues, profits, assets, or business exposure from AI-related activities (“China AI Companies”). It is non-diversified.
About China AI ETF (AICH)
There are 3 members of the management team with an average tenure of 0.04 years: Andrew (Andy) Hicks (2026), Qiao Duan (2026) and Kevin Carter (2026). Management tenure is more important for actively managed ETFs than passive index ETFs.
China AI ETF has 28 securities in its portfolio. The top 10 holdings constitute 65.0% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
China AI ETF is part of the Equity global asset class and is within the Sector Equity ETF group. China AI ETF has 91.1% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 91.1% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). China AI ETF has 2.1% of the portfolio in cash.
Assets Under Management
The fund has $1 million in total assets, which is below the $3 billion average for the Technology category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
AICH Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The China AI ETF expense ratio is high compared to funds in the Technology category. China AI ETF has an expense ratio of 0.86%, which is 56% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. China AI ETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 42% for the Technology category.
Recently, in the month of September 2026, China AI ETF returned 0.0%, which earned it a grade of NA, as the Technology category had an average return of 3.1%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
China AI ETF has a trailing yield of 0.00%, which is below the 0.45% category average.
The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
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AICH Trailing NAV Total Returns Data as of 9/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| AICH Return (NAV) | na | na | na | na | na | na |
| AICH Return (Price) | na | na | na | na | na | na |
| NAV +/- Price Return | na | na | na | na | na | na |
| Technology Avg | 3.1% | -2.1% | 33.2% | 30.4% | 12.7% | 19.0% |
| AICH Grade (NAV) | na | na | na | na | na | na |
| +/- Category (NAV) | na | na | na | na | na | na |
| AICH Tax-Cost Ratio | na | na | na | na | na | na |
AICH Annual NAV Total ReturnsData as of 9/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| AICH Return (NAV) | na | na | na | na | na | na | na | na | na | na | na |
| AICH Return (Price) | na | na | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | na | na | na | na | na | na | na | na | na | na | na |
| Technology Avg | 32.6% | 23.1% | 20.0% | 43.5% | -35.4% | 17.3% | 51.6% | 37.9% | -3.3% | 32.3% | 15.5% |
| AICH Grade (NAV) | na | na | na | na | na | na | na | na | na | na | na |
| +/- Category | na | na | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | -- |
| Total Assets: | $ 2 Mil |
| Share Class Assets: | $ 2 Mil |
| Turnover: | na |
| Expense Ratio: | 0.86% |
| Index Fund: | No |
| Index Tracked: | N/A |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Annually |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 0.0 years | |||
| Average Tenure: 0.0 years | |||
| Managers (Year): Hicks Andrew (Andy) (2026), Duan Qiao (2026), Carter Kevin (2026) | |||
Portfolio Composition (as of 9/30/26)
| # of Holdings: | 28 |
| % in Top 10 Holdings: | 65.0% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 91.1% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 91.1% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 6.8% |
| Cash: | 2.1% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Tidal Investments LLC |
| Phone Number: | 844-383-7369 |
| Website: | |
| Inception Date: | September 15, 2026 |
Expenses and Fees
| Expense Ratio (%): | 0.86% (Rating: High) |
| Category Average Expense Ratio (%): | 0.55% |
