Indxx US 100 Tech Focused Ex Software Technology Index and Indxx US 100 Tech AI Moat Index Licensed by Defiance ETFs.

We are pleased to announce the licensing of Indxx US 100 Tech Focused Ex Software Technology Index & Indxx US 100 Tech AI Moat Index by Defiance ETFs. The indices serve as the underlying benchmarks for the Defiance US 100 Tech Ex Software ETF (XIGV) & Defiance US 100 Tech AI Moat ETF (AIX), which began trading in the United States today on the Chicago Board Options Exchange (CBOE) & Nasdaq, respectively. 

The Indxx US 100 Tech Focused Ex Software Technology Index is designed to track the performance of companies in the Indxx US 100 Index, excluding the companies that have their core business operations in the Software Technology theme.      

The Indxx US 100 Tech AI Moat Index is designed to track the performance of companies in the Indxx US 100 Index that are positioned to benefit from or structurally withstand the expansion of Artificial Intelligence.   

Rahul Sen Sharma, President and Co-CEO at Indxx, said, "We are witnessing a structural shift where AI is rapidly commoditizing traditional software, moving competitive advantage to physical infrastructure and hardware. The global artificial intelligence market size is projected to grow from $539.5 billion in 2026 to $3,497.3 billion by 2033, at a CAGR of 30.6%.  

We are excited to partner with Defiance ETFs to provide targeted indices: the Indxx US 100 Tech Focused Ex Software Technology Index removes vulnerable software layers to emphasize foundational hardware and connectivity; the Indxx US 100 Tech AI Moat Index uses a framework to isolate true AI leaders. These rule-based tools help investors navigate AI innovation beyond benchmarks that mask disruption risks." 

Sylvia Jablonski, Chief Investment Officer at Defiance ETFs, said, "Both funds come from the same thesis. We think AI is doing to software something close to what the creator economy did to traditional television, changing who actually captures the value. When a model can write the code, automate the workflow, and reproduce what used to sit behind a subscription, traditional software starts to look exposed, while the chips, hardware, and connectivity it all runs on become the part that is hard to replace.  AIX and XIGV are two ways to position for that shift."     

As of 25th June 2026:   

The Indxx US 100 Tech Focused Ex Software Technology Index has been backtested to December 31, 2021 and has a live calculation date of June 01, 2026. For additional information, please see here. 

The Indxx US 100 Tech AI Moat Index has been backtested to December 31, 2021 and has a live calculation date of June 01, 2026. For additional information, please see here.