Roundhill Launches LOHA ETF for AI-Resistant Stocks as HALO Names Gain Up to 30%
Updated
Updated · CNBC · May 17
Roundhill Launches LOHA ETF for AI-Resistant Stocks as HALO Names Gain Up to 30%
2 articles · Updated · CNBC · May 17
Roundhill Investments launched the LOHA ETF on Thursday, packaging U.S. companies whose revenues depend on physical assets and infrastructure that AI is unlikely to replace.
The fund targets the HALO trade—"heavy assets, low obsolescence"—as investors rotate away from businesses seen as vulnerable to AI disruption and toward durable industrial, transport and mining names.
FedEx and ExxonMobil have climbed nearly 30% this year and Coca-Cola about 17%, while software names such as Adobe, ServiceNow and Salesforce have slipped toward 52-week lows as AI risk is reassessed.
Top LOHA holdings include Cummins, AutoZone, TFI International, CSX, JB Hunt and Lennox; Josh Brown, who coined HALO in February, joined Roundhill in a limited advisory role on the product.
Roundhill is extending a strong thematic-ETF run after its DRAM fund reached $9.8 billion in 43 days and gained 85%, underscoring investor appetite for focused AI-era bets.
Is the HALO investment trend a safe haven or a bubble waiting for smarter AI to burst it?
With trillions shifting to physical assets, what is the future for careers in the software industry?
Can the AI-driven infrastructure boom be sustainable, or will it undermine global climate goals?
"Roundhill HALO ETF (LOHA): A Strategic Shift to Heavy Assets and Low Obsolescence in the Age of AI"
Overview
The Roundhill HALO ETF (LOHA), launched on May 14, 2026, began trading with a portfolio focused on companies that own substantial physical infrastructure and tangible assets. LOHA uses a passive management style, aiming to track the Akros U.S. Heavy Assets Low Obsolescence (HALO) Index, which is rebalanced quarterly. The ETF’s strategy centers on the 'Heavy Assets, Low Obsolescence' concept, selecting businesses less likely to be disrupted by AI due to their reliance on real-world operations. As the index updates, LOHA adjusts its holdings, offering investors exposure to sectors considered more resilient in an increasingly digital economy.