COOL ETF — VegaShares AI Thermal, Cooling & Power Management ETF

VegaShares AI Thermal, Cooling & Power Management ETF (COOL)

Updated October 2, 2026.

COOL is an ETF linked to AI data center thermal, cooling and power management companies. its expense ratio is 0.75%. Total return is 9.0% over the past 0.1 years, 9.8 points ahead of SPY at -0.8%.

VegaShares AI Thermal, Cooling & Power Management ETF is an actively managed thematic equity fund focused on the infrastructure required to move heat and power through artificial intelligence data centers. Its portfolio targets companies involved in liquid cooling, thermal management and power delivery for high-density compute, giving investors concentrated exposure to a specialized part of the expanding AI infrastructure market.

COOL performance versus SPY

Price and return data through 2026-10-02.

Total return is 9.0% over the past 0.1 years, 9.8 points ahead of SPY at -0.8%.

COOL key facts

Issuer

VegaShares

Asset type

ETF

Asset class

Equity

Inception date

08/13/2026

Expense ratio

0.75%

Distribution frequency

None

Last close

$22.23 (as of 2026-10-02)

AUM

$1,647,797

Average volume

2200.0

Beta

-0.016

Payout ratio

0.0%

P/E ratio

47.7198

Forward P/E

-12.2892

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: VegaShares or company page; Index: AI data center thermal, cooling and power management companies; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

Who may consider COOL — and who may not

It is a weaker fit for investors who need monthly cash flow (COOL does not currently distribute); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from VegaShares.