AQGX — AI Quality Growth ETF

AQGX Fund Overview

AQGX — AI Quality Growth ETF is a US ETF managed by Starboard Investment Trust, categorised as United States Growth Thematic Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US ETF
• Manager: Starboard Investment Trust
• Category: United States Growth Thematic Equity
• Assets under management: $23.76M
• 1-year return: -12.5%
• Ticker: AQGX
• SEC CIK: 0001464413
• SEC series ID: S000072155
• Share class ID: C000227945

AQGX Investment Objective and Strategy

AI Quality Growth ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Starboard Investment Trust.

Investment objective

The AI Quality Growth ETF (the Fund) seeks capital appreciation.

Principal investment strategy

As an actively managed exchange-traded fund (ETF), the Fund will not seek to replicate the performance of an index. The Advisor seeks to achieve the Funds investment objective of capital appreciation by principally investing in domestic common stocks that the Advisor believes to have above-average growth potential relative to their peers. The Advisor uses a proprietary screening system that incorporates quantitative and fundamental analysis in order to construct the Funds portfolio. The Fund invests principally in domestic common stocks and is not limited in its investments by market capitalization. The Fund invests in other investment companies, including mutual funds and exchange traded funds that are registered under the Investment Company Act of 1940, as amended (the 1940 Act) and not affiliated with the Fund (Portfolio Funds).

The Advisor utilizes a screening and selection process to build a portfolio of quality domestic growth stocks, which includes a select group of growth stocks that the Advisor believes have the potential for revenue growth rates higher than their peers. First, the Advisor employs quantitative analysis of individual stock metrics in order to select stocks with quality and/or growth characteristics. Quality metrics include earnings variability, return on equity, and debt to equity ratio. Growth metrics include revenue growth rates and companies with above average earnings growth. Second, the Advisor will select approximately 40-50 stocks from this universe with an emphasis on companies that the Advisor believes may have a competitive advantage (such as strong products in industries with high barriers to entry), sustainable earnings growth rates, growth of free cash flow, and/or potential for a high return on capital.

This selection of holdings is constructed to diversify across sectors and industries where current opportunities are viewed as favorable. The portfolio is generally equally weighted based on the securitys market value. The Fund may employ a risk management strategy intended to manage the volatility of the Funds returns and reduce the overall risk of investing in the Fund. The risk management strategy monitors technical and volatility metrics to gauge periods where there is potential for higher equity market risk. When periods of equity downside are more likely, the risk management strategy will reduce equity exposure. When employing this risk management strategy, the Fund may allocate a significant percentage of its assets to cash and cash equivalents. The Advisor may sell a portfolio security when its reward/risk measures weaken, the fundamentals of the stock change, to pursue opportunities that the Advisor believes will be of greater benefit to the Fund, or to rebalance the Funds portfolio.

The Advisors evaluation of reward/risk measures are based on a quarterly screen of price momentum and sector analysis relative to other equity securities. The Advisors evaluation of changes in fundamentals includes a review of price earnings ratios, earnings growth, revenue growth and leverage ratios. As a result of its strategy, the Fund may have a relatively high level of portfolio turnover compared to other mutual funds, which may affect the Funds performance due to higher transactions costs and higher taxes. Portfolio turnover will not be a limiting factor in making investment decisions.

AQGX Performance

Total returns for AQGX (as of 2026-10-01), from SEC filings.

AQGX Risk Information

Risk metrics for AQGX, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 23.7%

AQGX Costs and Fees

AQGX costs about $96 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.96%
• Gross expense ratio: 1.32%
• Portfolio turnover: 64%
• Brokerage commissions: 1.69 bps of average net assets (SEC N-CEN)

AQGX Cashflows

Over the 12 months to 2023-02, AI Quality Growth ETF had net inflows of $43.63M, from monthly SEC N-PORT filings.

AQGX Debt Constituents

No individual debt constituents are reported in AI Quality Growth ETF's latest SEC N-PORT filing.

AQGX Prospectus and SEC Filings

Official AI Quality Growth ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2022-09-28
• Prospectus (485BPOS) — filed 2021-08-10
• Prospectus supplement (497) — filed 2021-11-04
• Portfolio holdings (N-PORT) — filed 2023-04-03
• Portfolio holdings (N-PORT) — filed 2023-01-27
• Portfolio holdings (N-PORT) — filed 2022-10-26
• Annual census (N-CEN) — filed 2022-08-15

Related Funds

Other United States Growth Thematic Equity funds tracked on ABC INVEST:

• VegaShares AI Energy ETF (GWAT)
• iShares Future AI Beneficiaries ETF (AIBF)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.