# Defiance AI Capacitors & MLCC ETF (CAPA): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/capa for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Defiance · Asset class: — - Strategy: Thematic · Inception: 2026-08-25 CAPA provides a differentiated approach to AI investing. It aims to track an index of publicly listed equity securities worldwide that are involved in capacitors and passive electronic components which provide power conditioning, voltage regulation, signal filtering, noise suppression, and energy storage functions within AI infrastructure. The index selects companies based on liquidity and tradability requirements, as well as thematic and relevance scores. It may include the following business activities: Multilayer Ceramic Capacitors (MLCCs), Conductive Polymer Capacitors, and Server-Grade... ## Key Facts | Metric | Value | |---|---| | Price | $22.34 | | Expense Ratio | 0.71% | | Assets Under Management | $3.5M | | NAV | $23.01 | | Holdings Count | 3 | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | — | | 52-Week Range | $22.34 – $30.03 | | Beta | 0.00 | ## Frequently Asked Questions ### What does CAPA invest in? CAPA provides a differentiated approach to AI investing. It aims to track an index of publicly listed equity securities worldwide that are involved in capacitors and passive electronic components which provide power conditioning, voltage regulation, signal filtering, noise suppression, and energy storage functions within AI infrastructure. The index selects companies based on liquidity and tradability requirements, as well as thematic and relevance scores. It may include the following business activities: Multilayer Ceramic Capacitors (MLCCs), Conductive Polymer Capacitors, and Server-Grade Aluminum Electrolytic & Polymer Hybrid. The index reconstituted and rebalanced quarterly. It aims to maintain a target constituent count between 8 and 15 securities. CAPA may invest directly in stocks, depository receipts or in derivatives that have the same exposure as the index components. ### What is the expense ratio of CAPA? Defiance AI Capacitors & MLCC ETF (CAPA) charges an expense ratio of 0.71%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is CAPA? Defiance AI Capacitors & MLCC ETF (CAPA) manages $3.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is CAPA actively managed or an index fund? CAPA's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was CAPA launched? Defiance AI Capacitors & MLCC ETF (CAPA) launched in August 2026 and is managed by Defiance. ### How has CAPA performed? CAPA's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does CAPA pay a dividend? Defiance AI Capacitors & MLCC ETF (CAPA) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does CAPA pay dividends? Defiance AI Capacitors & MLCC ETF pays dividends on its published schedule. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is CAPA's dividend yield? CAPA's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is CAPA's next ex-dividend date? CAPA hasn't announced its next ex-date yet. Once declared it'll appear at the top of the dividend history table on this page. ### How much will CAPA's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.71% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does CAPA charge its expense ratio? The expense ratio is deducted in tiny daily slices from CAPA's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does CAPA cost more than a fund like VOO? CAPA's strategy (current expense ratio 0.71%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where CAPA sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to CAPA? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as CAPA (0.71%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/capa - Distribution history: https://www.dividenddata.com/funds/capa/dividend - Holdings & diversification: https://www.dividenddata.com/funds/capa/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/capa/expenses - Peer comparison: https://www.dividenddata.com/funds/capa/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.