Defiance AI Capacitors & MLCC ETF (CAPA)

The Defiance AI Capacitors & MLCC ETF (CAPA) is a thematic equity fund focused on companies that produce capacitors, including multilayer ceramic capacitors (MLCCs), and related passive electronic components. These parts are used extensively in servers, data center hardware and other electronics that support artificial intelligence computing.

The fund is sponsored by Defiance ETFs, an issuer known for thematic and options-based funds, and trades on Cboe BZX. Its selection and weighting methodology are set out in the prospectus.