AAOX carries this narrative but holds no Share of Narrative, because only unlevered long exposure counts.
Share is each ETF’s slice of the capital carrying this narrative. 1 year is market price total return; cost is the expense ratio. See all 396 ETFs on the narrative page →
1M, 3M, 1Y, 3Y, 5Y: one month to five years. YTD: year to date. * A year, annualised. A dash means the ETF has not traded for the whole period. Since it started trading on March 24, 2026: −64.7%.
$10,000 invested March 31, 2026
AAOX $6,809The AI compute core $15,323The market $11,898
Total return on the market price, with each distribution reinvested on its ex-date. Not the NAV return the issuer publishes; the two differ when the ETF trades above or below the value of its holdings. The narrative is the asset-weighted return of the unlevered ETFs that carry it. The market is the asset-weighted return of broad US index ETFs. Past performance is no guarantee of future results.
FRI OCT 2MARKET PRICE TOTAL RETURN
AAOX has traded for less than a year, so how it moves against the market is not shown yet.
Where it sits in The AI compute core
Each dot is one of 77 unlevered ETFs whose main narrative is the AI compute core, placed by its return (up) and how much it swung (right) over the last year.
Risk
268.1%Volatility, last year
−92.6%Largest fall, last year
−87.1%Below its high now
$118.3mTraded each day, 3-month average
$230.9mAssets
Issued by Tradr · launched March 24, 2026
How it is built
Seeks 2x the daily return of its exposure. It carries the narrative but does not count toward Share of Narrative, because only unlevered long exposure does.
Leverage2xAims for 2 times the daily move, reset each day
AAOX’s main story is the AI compute core, which covers the chips, memory and data centers AI runs on, and the big technology companies that build and buy them.
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Narrative figures are from the weekly board. Performance is market price total return as of October 2, 2026. Assets are StoryVector’s weekly figure. Classification and measurement. Not investment advice. How the measurement works →