Defiance AI & Power Infrastructure ETF (AIPO) Holdings
AIPO holdings summary
as of Oct 25, 2026- Holdings
- 85 positions listed
- Top 10 weight
- 57.9% of net assets
- Effective holdings
- 24 equal-weight equivalent
- Largest holding
- ETN 8.80% Eaton Corporation plc
- Annual turnover
- — of the portfolio traded
All AIPO holdings
| # | Name | ||||||
|---|---|---|---|---|---|---|---|
| 1 | ETN | Eaton Corporation plc | Industrials | 8.80% | $70.8M | $151.92B | 39.8 |
| 2 | GEV | GE Vernova Inc. | Industrials | 8.77% | $70.5M | $245.35B | 26.4 |
| 3 | PWR | Quanta Services, Inc. | Industrials | 8.55% | $68.8M | $95.00B | 72.4 |
| 4 | VRT | Vertiv Holdings Co | Industrials | 6.17% | $49.6M | $79.47B | 46.7 |
| 5 | BE | Bloom Energy Corporation | Industrials | 4.70% | $37.8M | $65.18B | 291.2 |
| 6 | GOOGL | Alphabet Inc. | Communication Services | 4.68% | $37.6M | $4.17T | 17.1 |
| 7 | NVDA | NVIDIA Corporation | Technology | 4.56% | $36.7M | $5.17T | 27.1 |
| 8 | AVGO | Broadcom Inc. | Technology | 4.14% | $33.3M | $1.57T | 43.3 |
| 9 | CCO | Cameco Corp | Energy | 3.80% | $30.5M | — | — |
| 10 | CEG | Constellation Energy Corporation | Utilities | 3.72% | $29.9M | $96.15B | 26.5 |
| 11 | AMD | Advanced Micro Devices, Inc. | Technology | 2.70% | $21.7M | $863.17B | 134.9 |
| 12 | HUBB | Hubbell Incorporated | Industrials | 2.22% | $17.8M | $24.36B | 27.3 |
| 13 | VST | Vistra Corp. | Utilities | 2.02% | $16.2M | $51.02B | 25.6 |
| 14 | XEL | Xcel Energy Inc. | Utilities | 2.00% | $16.1M | $47.67B | 20.9 |
| 15 | D | Dominion Energy, Inc. | Utilities | 1.91% | $15.3M | $55.90B | 22.0 |
| 16 | NVT | nVent Electric plc | Industrials | 1.87% | $15.1M | $22.99B | 39.3 |
| 17 | PEG | Public Service Enterprise Group Incorporated | Utilities | 1.36% | $10.9M | $35.63B | 17.8 |
| 18 | GNRC | Generac Holdings Inc. | Industrials | 1.20% | $9.7M | $11.38B | 44.3 |
| 19 | BWXT | BWX Technologies, Inc. | Industrials | 1.13% | $9.1M | $12.55B | 35.5 |
| 20 | STRL | Sterling Infrastructure, Inc. | Industrials | 1.03% | $8.2M | $12.98B | 30.6 |
| 21 | PCG | PG&E Corporation | Utilities | 1.02% | $8.2M | $39.30B | 9.5 |
| 22 | MTZ | MasTec, Inc. | Industrials | 1.02% | $8.2M | $15.34B | 30.5 |
| 23 | MRVL | Marvell Technology, Inc. | Technology | 0.90% | $7.2M | $204.75B | 72.3 |
| 24 | VMI | Valmont Industries, Inc. | Industrials | 0.85% | $6.8M | $8.63B | 17.4 |
| 25 | ENS | EnerSys | Industrials | 0.76% | $6.1M | $6.08B | 18.1 |
| 26 | EVRG | Evergy, Inc. | Utilities | 0.73% | $5.9M | $19.21B | 21.2 |
| 27 | NXE | NexGen Energy Ltd. | Energy | 0.72% | $5.8M | — | — |
| 28 | FPS | Forgent Power Solutions, Inc. | Industrials | 0.68% | $5.4M | $10.11B | 105.6 |
| 29 | ITRI | Itron, Inc. | Technology | 0.59% | $4.7M | $3.64B | 13.9 |
| 30 | OKLO | Oklo Inc. | Utilities | 0.56% | $4.5M | $5.20B | — |
| 31 | TLN | Talen Energy Corporation | Utilities | 0.56% | $4.5M | $16.78B | — |
| 32 | EQIX | Equinix, Inc. | Real Estate | 0.54% | $4.3M | $97.29B | 63.4 |
| 33 | DY | Dycom Industries, Inc. | Industrials | 0.52% | $4.2M | $7.65B | 23.2 |
| 34 | SHLS | Shoals Technologies Group, Inc. | Technology | 0.48% | $3.9M | $1.21B | 37.7 |
| 35 | UEC | Uranium Energy Corp. | Energy | 0.46% | $3.7M | $3.92B | — |
| 36 | DLR | Digital Realty Trust, Inc. | Real Estate | 0.46% | $3.7M | $66.46B | 85.4 |
| 37 | ALAB | Astera Labs, Inc. | Technology | 0.44% | $3.5M | $49.59B | 140.8 |
| 38 | PSIX | Power Solutions International, Inc. | Industrials | 0.43% | $3.5M | $1.06B | 15.7 |
| 39 | XE | X-Energy, Inc. | Industrials | 0.43% | $3.4M | $4.21B | — |
| 40 | AES | The AES Corporation | Utilities | 0.41% | $3.3M | $10.67B | 5.6 |
| 41 | ARM | Arm Holdings plc | Technology | 0.40% | $3.2M | $243.29B | 234.8 |
| 42 | AMSC | American Superconductor Corporation | Industrials | 0.40% | $3.2M | $1.24B | 8.6 |
| 43 | SMR | NuScale Power Corporation | Industrials | 0.39% | $3.2M | $2.39B | — |
| 44 | INIO | INNIO N.V. | Industrials | 0.39% | $3.1M | $12.18B | 541.3 |
| 45 | PNW | Pinnacle West Capital Corporation | Utilities | 0.39% | $3.1M | $12.53B | 19.9 |
| 46 | YNDX | Yandex NV | Communication Services | 0.38% | $3.1M | — | — |
| 47 | MYRG | MYR Group Inc. | Industrials | 0.38% | $3.1M | $4.36B | 26.6 |
| 48 | DML | Denison Mines Corp | Energy | 0.37% | $3.0M | — | — |
| 49 | LSCC | Lattice Semiconductor Corporation | Technology | 0.36% | $2.9M | $14.72B | 414.6 |
| 50 | LEU | Centrus Energy Corp. | Energy | 0.35% | $2.8M | $2.35B | 53.7 |
| 51 | FCEL | FuelCell Energy, Inc. | Industrials | 0.35% | $2.8M | $1.04B | — |
| 52 | PLPC | Preformed Line Products Company | Industrials | 0.34% | $2.8M | $1.73B | 39.8 |
| 53 | EFR | Energy Fuels Inc | Energy | 0.32% | $2.6M | — | — |
| 54 | CSQR | Csquare, Inc. | Technology | 0.32% | $2.6M | $2.68B | — |
| 55 | AGX | Argan, Inc. | Industrials | 0.31% | $2.5M | $4.85B | 27.3 |
| 56 | NNE | Nano Nuclear Energy Inc | Industrials | 0.29% | $2.3M | $691.6M | — |
| 57 | APLD | Applied Digital Corporation | Technology | 0.29% | $2.3M | $5.46B | — |
| 58 | FGXXX | First American Funds Inc. - Government Obligations Fund | Other | 0.29% | $2.3M | — | — |
| 59 | HUT | Hut 8 Mining Corp. | Financial Services | 0.28% | $2.2M | $8.35B | — |
| 60 | CRWV | CoreWeave, Inc. | Technology | 0.27% | $2.2M | $33.86B | — |
| 61 | CORZ | Core Scientific, Inc. | Technology | 0.27% | $2.2M | $4.33B | — |
| 62 | GDS | GDS Holdings Limited | Technology | 0.27% | $2.1M | $4.62B | 10.7 |
| 63 | WULF | TeraWulf Inc. | Financial Services | 0.26% | $2.1M | $5.83B | — |
| 64 | FLNC | Fluence Energy, Inc. | Utilities | 0.26% | $2.1M | $1.13B | — |
| 65 | 6TU | enCore Energy Corp | Energy | 0.26% | $2.1M | — | — |
| 66 | NRGV | Energy Vault Holdings, Inc. | Utilities | 0.25% | $2.0M | $516.4M | — |
| 67 | IREN | Iris Energy Limited | Financial Services | 0.25% | $2.0M | $10.64B | — |
| 68 | CBRS | Cerebras Systems Inc. | Technology | 0.25% | $2.0M | $30.22B | — |
| 69 | MARA | Marathon Digital Holdings, Inc. | Financial Services | 0.25% | $2.0M | $2.91B | — |
| 70 | YO0 | HIVE DIGITAL TECH | Financial Services | 0.25% | $2.0M | — | — |
| 71 | URE | Ur Energy Inc | Energy | 0.23% | $1.9M | — | — |
| 72 | CLSK | CleanSpark, Inc. | Financial Services | 0.23% | $1.8M | $2.16B | — |
| 73 | VNET | VNET Group, Inc. | Technology | 0.22% | $1.8M | $1.12B | — |
| 74 | BTDR | Bitdeer Technologies Group | Technology | 0.22% | $1.8M | $2.10B | — |
| 75 | PNM | PNM Resources Inc | Utilities | 0.22% | $1.8M | — | — |
| 76 | RIOT | Riot Blockchain, Inc. | Financial Services | 0.22% | $1.8M | $5.15B | — |
| 77 | DGX | Digi Power X Inc. | Utilities | 0.22% | $1.8M | — | — |
| 78 | DNJR | Golden Bull Limited | Financial Services | 0.21% | $1.7M | — | — |
| 79 | WYFI | WhiteFiber, Inc. | Technology | 0.20% | $1.6M | $456.9M | — |
| 80 | EOSE | Eos Energy Enterprises, Inc. | Industrials | 0.20% | $1.6M | $658.3M | — |
| 81 | NPWR | NET Power Inc. | Industrials | 0.20% | $1.6M | $88.5M | — |
| 82 | POR | Portland General Electric Company | Utilities | 0.19% | $1.6M | $5.19B | 19.5 |
| 83 | CIFR | Cipher Mining Inc. | Technology | 0.19% | $1.5M | $3.73B | — |
| 84 | BRUN | Boost Run Inc. | Technology | 0.17% | $1.4M | $706.6M | — |
| 85 | MWH | SOLV Energy, Inc. | Utilities | 0.13% | $1.1M | $4.85B | 54.5 |
Weights as a percentage of net assets. Value held = weight × net assets ($804.1M). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).
AIPO sector breakdown
| Sector | Weight | Holdings | Largest |
|---|---|---|---|
| Industrials | 52.4% | 27 | ETN, GEV, PWR |
| Technology | 17.2% | 20 | NVDA, AVGO, AMD |
| Utilities | 15.9% | 17 | CEG, VST, XEL |
| Energy | 6.5% | 8 | CCO, NXE, UEC |
| Communication Services | 5.1% | 2 | GOOGL, YNDX |
| Financial Services | 1.9% | 8 | HUT, WULF, IREN |
| Real Estate | 1.0% | 2 | EQIX, DLR |
| Other | 0.3% | 1 | FGXXX |
Sum of the weights of the holdings in each sector.
AIPO top industries
AIPO overlap with other ETFs
| ETF | Fund | Overlap | Shared holdings | Expense ratio |
|---|---|---|---|---|
| QQQ | Invesco QQQ ETF | 15.1% | 11 of 101 | 0.17% |
| VTI | Vanguard Total Stock Market ETF | 13.4% | 71 of 2,941 | 0.03% |
| SPY | SPDR S&P 500 ETF | 13.2% | 24 of 502 | 0.09% |
| DIA | SPDR Dow Jones Industrial Average ETF | 6.0% | 2 of 30 | 0.16% |
| IWM | iShares Russell 2000 ETF | 2.1% | 28 of 1,962 | 0.19% |
| VXUS | Vanguard Total International Stock ETF | 0.1% | 7 of 8,035 | 0.05% |
Overlap = sum over shared holdings of the smaller of the two weights. 100% means identical portfolios.
About the AIPO portfolio
Defiance AI & Power Infrastructure ETF holds 85 positions. The ten largest make up 57.9% of the fund and the top 50 91.7%, so it behaves like a portfolio of about 24 equally weighted stocks. The biggest positions are Eaton Corporation plc (8.80%), GE Vernova Inc. (8.77%), Quanta Services, Inc. (8.55%), Vertiv Holdings Co (6.17%), Bloom Energy Corporation (4.70%).
By sector, Industrials is 52.4%, Technology is 17.2%, Utilities is 15.9%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 25, 2026; positions change as the fund rebalances.
Related: AIPO chart, AIPO performance, AIPO dividends, AIPO overview.
AIPO holdings FAQ
How many holdings does AIPO have?
AIPO holds 85 positions as of October 25, 2026.
What are the top 10 holdings of AIPO?
The ten largest holdings are Eaton Corporation plc (8.80%), GE Vernova Inc. (8.77%), Quanta Services, Inc. (8.55%), Vertiv Holdings Co (6.17%), Bloom Energy Corporation (4.70%), Alphabet Inc. (4.68%), NVIDIA Corporation (4.56%), Broadcom Inc. (4.14%), Cameco Corp (3.80%), Constellation Energy Corporation (3.72%). Together they are 57.9% of the fund.
What percentage of AIPO is Eaton Corporation plc?
Eaton Corporation plc is the largest holding at 8.80% of net assets, about $70.8M of the fund's $804.1M.
Which sector is the largest in AIPO?
Industrials is the largest sector at 52.4%, followed by Technology (17.2%) and Utilities (15.9%), based on the sectors of the individual holdings.
How concentrated is AIPO?
The top 10 holdings are 57.9% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) AIPO behaves like a portfolio of about 24 equally weighted stocks.