FABS — VegaShares AI Fab Equipment ETF

FABS Fund Overview

FABS — VegaShares AI Fab Equipment ETF is a US ETF managed by Tidal Trust IV, categorised as Global (incl. US) 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: Tidal Trust IV
• Category: Global (incl. US) Growth Thematic Equity
• Ticker: FABS
• SEC CIK: 0002043390
• SEC series ID: S000106787
• Share class ID: C000277673

FABS Investment Objective and Strategy

VegaShares AI Fab Equipment ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Tidal Trust IV.

Investment objective

The VegaShares AI Fab Equipment ETF (the “Fund”) seeks capital appreciation.

Principal investment strategy

Overview The Fund is an actively managed exchange-traded fund (“ETF”) that seeks capital appreciation by investing, directly or indirectly, in a portfolio of equity securities based on the BITA AI Fab Equipment Global Index (the “Index”). The Index includes global publicly listed companies that generate significant revenue from supplying the critical manufacturing equipment used within semiconductor fabrication (or “fab”) facilities to physically build advanced artificial intelligence (“AI”) chips (“AI fab equipment companies”). These companies focus on providing highly specialized machinery, automation, and testing tools required to physically build advanced AI chops rather than operating the fabs themselves, spanning sectors like lithography, deposition, process control and advanced packaging equipment.

The Fund will not replicate the Index, as the Fund’s investment sub-adviser, Vega Capital Partners, LLC (“Vega” or the “Sub-Adviser”), exercises investment discretion in constructing the Fund’s investment portfolio. For example, Vega: (i) determines whether, in its judgement, it is more favorable to the Fund for it to invest directly or synthetically in each security in the Index; (ii) reallocates the Fund’s portfolio holdings more frequently than the Index is rebalanced, when Vega believes doing so is in the Fund’s interest; and (iii) to the extent required for the Fund’s portfolio to comply with relevant regulatory requirements, invests in securities not currently included in the Index. In addition, the Fund will maintain an allocation to cash and/or U.S. Treasuries. While the Index’s methodology serves as the primary basis for the Fund’s portfolio construction and the identification of AI fab equipment companies, the Sub-Adviser will actively manage the Fund and may select for investment companies that it independently determines fall within the category of AI fab equipment companies.

The Sub-Adviser may buy or sell securities not yet included in, or not yet rem

FABS Costs and Fees

FABS costs about $75 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.75%
• Gross expense ratio: 0.75%

FABS Debt Constituents

No individual debt constituents are reported in VegaShares AI Fab Equipment ETF's latest SEC N-PORT filing.

FABS Prospectus and SEC Filings

Official VegaShares AI Fab Equipment ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2026-08-03

Related Funds

Other Global (incl. US) Growth Thematic Equity funds tracked on ABC INVEST:

• Defiance Inference AI Chip ETF (AINF)
• REX AI Chipmaking ETF (CHIP)
• VegaShares AI Compute ETF (CPUS)
• VegaShares AI Inference ETF (CGPT)
• VegaShares AI Networking ETF (FBRC)

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.