ETF Evaluator:
QRAFT AI-Enhanced US Large Cap Mmntm ETF (AMOM)
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(as of Jul 31)
Best Performing in Large Growth Over the Last Year
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ETF Details
QRAFT AI-Enhanced US Large Cap Mmntm ETF Overview
QRAFT AI-Enhanced US Large Cap Mmntm ETF (AMOM) is an actively managed U.S. Equity Large Growth exchange-traded fund (ETF). Exchange Traded Concepts launched the ETF in 2019.
The investment seeks capital appreciation.
The fund is an actively-managed ETF that seeks to achieve its investment objective by utilizing an investment strategy enhanced by the use of artificial intelligence. The fund invests at least 80% of its net assets, plus the amounts of any borrowings for investment purposes, in securities of U.S.-listed large capitalization companies. The Adviser consults a database generated by Qraft's AI Quantitative Investment System, which automatically evaluates and filters data according to parameters supporting a particular investment thesis. The fund is non-diversified.
About QRAFT AI-Enhanced US Large Cap Mmntm ETF (AMOM)
There are 4 members of the management team with an average tenure of 5.22 years: Andrew Serowik (2019), Gabriel Tan (2021), Todd Alberico (2021) and Brian Cooper (2022). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 1 primary benchmark: S&P 500 (TR) (1970) index with a weighting of 100%. QRAFT AI-Enhanced US Large Cap Mmntm ETF has 51 securities in its portfolio. The top 10 holdings constitute 42.7% 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.
QRAFT AI-Enhanced US Large Cap Mmntm ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. QRAFT AI-Enhanced US Large Cap Mmntm ETF has 1.8% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 97.9% There is 1.8% 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). QRAFT AI-Enhanced US Large Cap Mmntm ETF has 0.3% of the portfolio in cash.
Assets Under Management
The fund has $35 million in total assets, which is below the $8 billion average for the Large Growth 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.
AMOM 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 QRAFT AI-Enhanced US Large Cap Mmntm ETF expense ratio is above average compared to funds in the Large Growth category. QRAFT AI-Enhanced US Large Cap Mmntm ETF has an expense ratio of 0.75%, which is 51% 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. QRAFT AI-Enhanced US Large Cap Mmntm ETF has a portfolio turnover rate of 354%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 74% for the Large Growth category.
Recently, in the month of June 2026, QRAFT AI-Enhanced US Large Cap Mmntm ETF returned 7.2%, which earned it a grade of A, as the Large Growth category had an average return of -0.6%. 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.
QRAFT AI-Enhanced US Large Cap Mmntm ETF has a trailing yield of 0.03%, which is below the 0.47% category average.
The fund normally distributes its income quarterly.
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.
QRAFT AI-Enhanced US Large Cap Mmntm ETF Grades
Year to date, the ETF has returned 31.9%, 21.0 percentage points better than the category, which translates into a grade of A. The fund has returned 40.2% over the past year (grade of A), 27.4% over the past three years (grade of A) and 12.2% per year over the past five years (grade of C).
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AMOM Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| AMOM Return (NAV) | 7.2% | 36.1% | 40.2% | 27.4% | 12.2% | na |
| AMOM Return (Price) | 7.2% | 36.4% | 40.5% | 27.3% | 12.2% | na |
| NAV +/- Price Return | -0.078% | -0.248% | -0.291% | 0.083% | 0.005% | na |
| Large Growth Avg | -0.6% | 20.4% | 20.8% | 22.9% | 11.4% | 16.7% |
| AMOM Grade (NAV) | A | A | A | A | C | na |
| +/- Category (NAV) | 7.7% | 15.7% | 19.5% | 4.5% | 0.9% | na |
| AMOM Tax-Cost Ratio | na | na | 0.0% | 0.1% | 0.2% | na |
AMOM Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| AMOM Return (NAV) | 31.9% | 7.9% | 35.6% | 27.1% | -26.1% | 12.9% | 53.6% | na | na | na | na |
| AMOM Return (Price) | 32.3% | 7.7% | 35.8% | 27.1% | -26.3% | 13.1% | 53.7% | na | na | na | na |
| NAV +/- Price Ret | 0.010% | -0.032% | 0.006% | 0.000% | 0.006% | 0.012% | 0.002% | na | na | na | na |
| Large Growth Avg | 10.9% | 16.8% | 30.4% | 38.6% | -30.8% | 21.3% | 37.6% | 33.1% | -2.0% | 28.2% | 5.0% |
| AMOM Grade (NAV) | A | F | A | F | B | F | A | na | na | na | na |
| +/- Category | 21.0% | -8.8% | 5.2% | -11.5% | 4.6% | -8.4% | 16.0% | na | na | na | na |
| Risk Measures | |
| Beta: | 1.40 |
| R-Squared: | 76% |
| Standard Deviation: | 20.9% |
| Category Risk Index: | 1.16 |
| Category Risk Rating: | High |
| Total Risk Index: | 1.72 |
| Total Risk Rating: | High |
| Portfolio Characteristics | |
| Yield: | 0.0% |
| Total Assets: | $ 35 Mil |
| Share Class Assets: | $ 35 Mil |
| Turnover: | 354.0% |
| Expense Ratio: | 0.75% |
| Index Fund: | No |
| Index Tracked: | S&P 500 (TR) (1970) |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | |
| Income Distribution Frequency: | Quarterly |
Management Team
| Number of Managers: 4 | |||
| Longest Tenure: 7.1 years | |||
| Average Tenure: 5.2 years | |||
| Managers (Year): Serowik Andrew (2019), Tan Gabriel (2021), Alberico Todd (2021), Cooper Brian (2022) | |||
Portfolio Composition (as of 6/29/26)
| # of Holdings: | 51 |
| % in Top 10 Holdings: | 42.7% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 1.8% |
Portfolio Allocation |
|
| Domestic Stock: | 97.9% |
| Foreign Stock: | 1.8% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.3% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Exchange Traded Concepts |
| Phone Number: | 855-973-7880 |
| Website: | |
| Inception Date: | May 20, 2019 |
Expenses and Fees
| Expense Ratio (%): | 0.75% (Rating: Above Avg) |
| Category Average Expense Ratio (%): | 0.50% |
