FWD ETF

Last week for Halloween, VettaFi's Todd Rosenbluth offered a collection of “Ticker Treats.” Here's a roundup of the ticker haul from Halloween.

Micron's Q4 business is on fire due to surging demand for high-bandwidth memory products, especially HBM3E. AI-driven demand for HBM is set to propel Micron's growth in the coming quarters resulting in a massive expansion of the total addressable market. Micron's guidance for Q1'25 implies the addition of $1.0B in revenue Q/Q. Margins are expected to continue to grow.

AB Disruptors ETF focuses on innovative leaders likely to disrupt industries for outperformance. The fund holds 80-100 positions with heavy tech exposure, global focus, and active management approach. Outperforms peers like ARK Innovation ETF and BOTZ, providing exposure to secular growth trends with potential risks due to heavy tech allocation.

This article will be updated shortly with a link to the on-demand replay, when it becomes available. There is a plethora of AI-related investment opportunities, with the winners and losers yet to be determined.

Ab Disruptors ETF is a nouveau actively managed fund that debuted on 21 March 2023. As described in its prospectus, the strategy is centered on "disruptive" innovation leaders. FWD takes a relatively minimalist approach to portfolio construction, with the number of holdings limited to 80-120 names. U.S., developed, and emerging market companies can qualify. Last year was a mere calamity for the innovation-themed ETFs, notable for what I would call the ARKK lesson. The gist is that valuation is never to be ignored.