ETF Evaluator: Ai Funds High Conv US Eq AI-Mgd ETF (HIAI) Follow This ETF

Ai Funds High Conv US Eq AI-Mgd ETF Overview

Ai Funds High Conv US Eq AI-Mgd ETF (HIAI) is an actively managed U.S. Equity Large Blend exchange-traded fund (ETF). Ai Funds, Inc. launched the ETF in 2026.

The investment seeks long-term capital appreciation. The fund will invest at least 80% of its assets, including borrowings for investment purposes, in U.S. equity securities (including common stock of companies whose principal place of business is in the U.S. and shares of U.S. listed exchange-traded funds) and financial instruments, such as options, that provide exposure to U.S. equity securities. It is non-diversified.

About Ai Funds High Conv US Eq AI-Mgd ETF (HIAI)

There are 1 members of the management team with an average tenure of 0.03 years: Tal Schwartz (2026). Management tenure is more important for actively managed ETFs than passive index ETFs.

Ai Funds High Conv US Eq AI-Mgd ETF has 52 securities in its portfolio. The top 10 holdings constitute 52.1% 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.

Ai Funds High Conv US Eq AI-Mgd ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. Ai Funds High Conv US Eq AI-Mgd ETF has 18.8% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 80.5% There is 18.8% 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). Ai Funds High Conv US Eq AI-Mgd ETF has -45.6% of the portfolio in cash.

Assets Under Management

The fund has $1 million in total assets, which is below the $14 billion average for the Large Blend 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.

HIAI 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 Ai Funds High Conv US Eq AI-Mgd ETF expense ratio is high compared to funds in the Large Blend category. Ai Funds High Conv US Eq AI-Mgd ETF has an expense ratio of 0.87%, which is 109% 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. Ai Funds High Conv US Eq AI-Mgd 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 155% for the Large Blend category.

Recently, in the month of August 2026, Ai Funds High Conv US Eq AI-Mgd ETF returned 0.0%, which earned it a grade of NA, as the Large Blend category had an average return of 2.4%. 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.

Ai Funds High Conv US Eq AI-Mgd ETF has a trailing yield of 0.00%, which is below the 1.22% 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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