Defiance AI & Power Infrastructure ETF is trading 3.5% higher today as its industrials-heavy portfolio benefits from a broad risk-on rally sparked by a tentative U.S.–Iran peace agreement and the reopening of the Strait of Hormuz.
- Lower oil prices and reduced geopolitical risk are boosting rate-sensitive, growth-oriented infrastructure and AI-linked names.
- With over half its weight in industrials, the fund is moving in line with strong gains indicated for cyclicals and AI-infrastructure plays across U.S. futures.