In a growing sea of AI funds, the KraneShares Artificial Intelligence & Technology ETF (AGIX ) stands out for its ability to invest in public and private AI companies. The fund recently added exposure to its second private company, xAI, while crossing the one-year trading milestone.
“Not only has AGIX delivered a notable year of performance, but its structure gives investors access to both public and private companies contributing to the future of artificial intelligence,” Derek Yan, senior investment strategist at KraneShares, said in the press release. “Direct holdings in Anthropic and Elon Musk’s xAI underscore our dedication to bringing innovative opportunities to our investors.”
AGIX offers high-conviction, concentrated exposure to artificial intelligence companies. It tracks the Solactive Etna Artificial General Intelligence Index, which holds both public and private artificial intelligence companies.
Etna Capital Management, the sub-adviser of the fund, adds its experience, knowledge, and insight in AI venture investing to the fund. Their track record includes early investment into companies like Perplexity, Anthropic, and xAI. xAI currently accounts for 3.31% of the weight of AGIX, while Anthropic comprises 2.63% of the fund as of end of July 2025.
The ETF crossed one year in trading on July 18, up 29.99% on a total return basis since launch as of July 18, 2025, according to Y-charts data. Year-to-date, AGIX is up 14.17% on a total return basis as of the end of July.
High-Conviction, AI Investing Across Public & Private Equity
AGIX invests in three fundamental pillars of the artificial intelligence ecosystem. These include infrastructure, hardware, and applications. The fund invests in public and private companies involved in semiconductors, data centers, cloud companies, edge AI, large language models, and AI applications.
Every security considered for inclusion receives an AI exposure score, a proprietary formula that considers “AI readiness” as well as “AI relevance.” The highest-scoring companies make it into the Index, and are further weighted by their AI-exposure score as well as by market cap.
No single pillar makes up more than 40% of the total weight of the underlying index. The strategy is a high-conviction one, with between 40-50 securities at any given time. It also remains timely with current trends by rebalancing on a quarterly basis.
AGIX carries an expense ratio of 1.00%.
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