The Anti-AI ETF Is Here, and Its Biggest Holdings Are Engines, Trucks and Air Conditioners

A new exchange-traded fund, the Roundhill Heavy Assets and Low Obsolescence ETF (LOHA), has launched. This fund deliberately avoids technology companies, focusing instead on industrial and manufacturing sectors like engines, trucks, and air conditioners.
Key takeaways
- New ETF prioritizes physical assets over technology.
- Industrial and manufacturing companies are key holdings.
- Reflects investor caution regarding AI's long-term value.
- Potential impact on tech investment trends.
Why it matters
This ETF's existence highlights a growing sentiment among some investors that traditional, physical industries may offer more stable returns than rapidly evolving tech sectors. For AI users, it suggests a potential shift in capital allocation away from AI development and towards tangible goods.
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