--- title: "Roundhill's New LOHA ETF Targets 'AI-Proof' Companies With Heavy Assets And Stable Cash Flows" type: "News" locale: "en" url: "https://longbridge.com/en/news/286450970.md" description: "Roundhill Investments has launched the Roundhill HALO ETF (NYSE:LOHA), targeting companies less vulnerable to AI disruption, focusing on industrial, mining, and infrastructure sectors. The ETF emphasizes 'heavy assets, low obsolescence' businesses, aiming to provide stability amid rising AI-related investments. It tracks the Akros US Heavy Assets Low Obsolescence Index, includes 100 U.S.-listed companies, and has an expense ratio of 0.35%. Key holdings include Cummins Inc, AutoZone Inc, and Newmont Corp, among others." datetime: "2026-05-14T17:36:45.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286450970.md) - [en](https://longbridge.com/en/news/286450970.md) - [zh-HK](https://longbridge.com/zh-HK/news/286450970.md) --- # Roundhill's New LOHA ETF Targets 'AI-Proof' Companies With Heavy Assets And Stable Cash Flows **Roundhill Investments** has launched the **Roundhill HALO ETF** (NYSE:LOHA), a new ETF focused on companies considered less vulnerable to disruption from artificial intelligence. The "HALO" concept — short for "heavy assets, low obsolescence" — was coined by **Josh Brown**, CEO of Ritholtz Wealth Management, and focuses on businesses with significant physical infrastructure, entrenched logistics networks and hard-to-replicate operations. The ETF comes as investors increasingly look beyond AI-driven technology trades for more durable businesses. Roundhill cited Goldman Sachs estimates indicating that nearly 45% of the S&P 500 is now tied to AI-related companies, potentially leaving portfolios exposed to disruption risk. LOHA seeks to counterbalance that exposure with companies operating in sectors tied to industrial infrastructure, transportation, mining and essential services. ## **Key Highlights Of LOHA** - Strategy Focus: "**Heavy Assets, Low Obsolescence**" companies - Index Tracked: **Akros US Heavy Assets Low Obsolescence Index** - Portfolio Size: **100 U.S.-listed companies** - Weighting Method: **Equal weighted** - Rebalancing Schedule: **Quarterly** - **Expense Ratio**: 0.35% - Universe Screened: Largest 3,000 U.S.-listed companies - Investment Thesis: Companies with durable physical assets, regulated frameworks, essential demand and long-term contracts - AI Angle: Targets businesses viewed as **more insulated from generative AI disruption** ## **Top Holdings As Of May 14** - **Cummins Inc** (NYSE:CMI)— Machinery - **AutoZone Inc** (NYSE:AZO)— Specialty Retail - **TFI International Inc** (NYSE:TFII)— Ground Transportation - **Lennox International Inc** (NYSE:LII)— Building Products - **Newmont Corp** (NYSE:NEM)— Metals & Mining - **AngloGold Ashanti Plc** (NYSE:AU)— Metals & Mining - **Watsco Inc** (NYSE:WSO)— Trading Companies & Distributors - **JB Hunt Transport Services Inc** (NASDAQ:JBHT)— Ground Transportation **Read Also: SpaceX Starship Rocket Launch Could Spark Next Space ETF Rally** _Photo: Shutterstock_ ### Related Stocks - [NEM.US](https://longbridge.com/en/quote/NEM.US.md) - [CMI.US](https://longbridge.com/en/quote/CMI.US.md) - [AZO.US](https://longbridge.com/en/quote/AZO.US.md) - [GS.US](https://longbridge.com/en/quote/GS.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [TFII.US](https://longbridge.com/en/quote/TFII.US.md) - [LII.US](https://longbridge.com/en/quote/LII.US.md) - [AU.US](https://longbridge.com/en/quote/AU.US.md) - [WSO.US](https://longbridge.com/en/quote/WSO.US.md) - [JBHT.US](https://longbridge.com/en/quote/JBHT.US.md) - [W4VR.SG](https://longbridge.com/en/quote/W4VR.SG.md) - [WSO.B.US](https://longbridge.com/en/quote/WSO.B.US.md) ## Related News & Research - [Payden & Rygel Grows Stake in Cummins Inc. $CMI](https://longbridge.com/en/news/286890023.md) - [AI-Proof Stocks? This New ETF Focuses on the HALO Trade](https://longbridge.com/en/news/286937385.md) - [Madison Asset Management LLC Cuts Stake in Cummins Inc. $CMI](https://longbridge.com/en/news/286390175.md) - [Cummins Inc. $CMI Shares Purchased by Northwestern Mutual Wealth Management Co.](https://longbridge.com/en/news/286641725.md) - [Cummins Inc. $CMI Stock Position Lifted by Independent Advisor Alliance](https://longbridge.com/en/news/286391172.md)