The Anti-AI ETF Is Here, and Its Biggest Holdings Are Engines, Trucks and Air Conditioners

1 hour ago 3

Omor Ibne Ehsan

Sat, August 15, 2026 astatine 2:35 PM CDT 5 min read

Quick Read

Cummins (CMI) posted grounds Q2 Power Systems income of $2.3 billion, up 19%, by selling backup diesel generators straight to AI information centers.
AutoZone (AZO) and Lennox (LII) anchor LOHA's physical-moat thesis, though Lennox's residential revenues fell 30% arsenic precocious owe rates squeezed demand.
Many fiscal professionals are salespeople paid connected what they push, not whether you extremity up wealthier. A fiduciary is the opposite. The SEC legally requires them to enactment your interests first. Advisor.com's escaped matching instrumentality pairs you with vetted fiduciaries from large nationalist firms, each successful nether 3 minutes. See who you lucifer with today.

Roundhill's Roundhill Heavy Assets and Low Obsolescence ETF (NYSEARCA:LOHA) launched successful May 2026 arsenic a counterweight to the bundle and AI attraction dominating astir passive equity portfolios. The thought belongs to Josh Brown of Ritholtz Wealth Management, who coined the acronym HALO for dense assets and debased obsolescence to picture companies whose worth sits successful carnal infrastructure, entrenched distribution, and long-lived superior alternatively than successful codification that a rival tin rewrite. LOHA translates that thought into an scale of 100 US companies, arsenic weighted and rebalanced quarterly, with a 0.35% disbursal ratio and a unitary interest operation nether which Roundhill absorbs astir operating expenses.

Close-up of a idiosyncratic wearing grey enactment overalls and achromatic gloves, holding a manifold gauge acceptable with reddish and bluish unit gauges connected to a car engine. The motor bay is open, revealing acheronian motor components, hoses, and an orangish dipstick handle. The inheritance is blurred, showing a store setting.

The apical holdings marque the transportation clear. Cummins (NYSE:CMI) builds diesel and earthy state engines, AutoZone (NYSE:AZO) runs the largest aftermarket car parts web successful the country, TFI International (NYSE:TFII) hauls freight, Lennox International makes furnaces and rooftop HVAC units, and Newmont digs golden retired of the ground. If AI-heavy indices ain the bundle layer, LOHA owns what sits under, around, and down it.

Are You Ready To Retire, Or Years Behind?

Most Americans fishy they're down connected status and ne'er find out. Advisor.com's escaped matching instrumentality pairs you successful astir 3 minutes with a vetted fiduciary advisor who tin assistance you with investing, taxes, retirement, property planning, and more. No minimums. No income call. Find retired wherever you stand.

The Thesis Behind Heavy Assets

The statement runs similar this: a institution whose competitory presumption depends connected carnal standard (mines, factories, organisation centers, motortruck fleets, refrigerated warehouses, a nationalist franchise footprint) cannot beryllium disintermediated by a well-funded startup with GPUs. Replicating AutoZone's astir 20% operating borderline requires really gathering thousands of stores stocked with the close SKUs wrong a abbreviated thrust of a mechanic who needs a portion today. Replicating Cummins' multi-year hyperscaler agreement, which secures respective gigawatts of aboriginal backup powerfulness genset demand, requires foundries, engineering depth, and permits that a exemplary checkpoint cannot provide.

Read Entire Article