ETF Pioneer Fund Looks to Stay on the Cusp of Innovation

The XD ETF is a pioneer in investing in companies tied to innovation, using Morningstar's definition of exponential tech. It evaluates stocks across nine tech themes and is heavily weighted in sectors like semiconductors and biotech. With a global reach, more than half of its allocation is in the US. Since its launch in 2015, XD has grown significantly and outperformed the broader US market. It has a green light in Bloomberg's Traffic Light System, despite a warning for its alternative weighting.

What is the primary focus of companies classified under exponential tech according to Morningstar?

• Companies that maintain traditional markets

• Companies with significant exposure to outdated technologies

• Companies that create new markets and displace older technologies

• Companies that focus solely on financial services

Which of the following is NOT one of the tech themes evaluated by the XD fund?

• Big data

• Fintech

• Nanotechnology

• Agriculture

In which sectors is the XD fund more heavily weighted?

• Real estate and construction

• Retail and hospitality

• Semiconductors and biotech

• Automotive and aerospace

Which country has the largest allocation in the XD fund?

• China

• United States

• Germany

• Japan

What is the expense ratio of the XD fund?

• 25 basis points

• 47 basis points

• 60 basis points

• 75 basis points