The Artificial Intelligence Supercycle ETF (AIS) from VistaShares reached $1 billion in assets under management. The fund, which launched in early December 2024, achieved this milestone by September 9, 2026. By late April 2026, the fund had surpassed $350 million in assets.
The fund utilizes a patent-pending investment strategy called the Bill of Materials approach. This strategy focuses on the AI infrastructure supply chain, including semiconductors, memory chips, and data center hardware, rather than mega-cap software companies.
Key holdings in the portfolio include SK hynix, Micron, and Vertiv. The fund is actively managed, references the BITA VistaShares Artificial Intelligence Supercycle Index, and maintains an expense ratio of 0.75%. It does not hold any cryptocurrency assets.
In 2025, AIS ranked in the top 1% of the Morningstar US Fund Technology category. Following the growth of AIS, total assets across all VistaShares ETF products, which cover sectors like robotics, space, and defense, have exceeded $2 billion.
