Pictet Asset Management Launches Pictet AI Enhanced US Equity ETF (PQUS)

NEW YORK--(BUSINESS WIRE)--Pictet Asset Management, part of the independent Geneva-based Pictet Group, today announced the launch of the Pictet AI Enhanced US Equity ETF (PQUS). The ETF offers actively managed exposure to large-cap U.S. equities, using an AI-driven stock selection process that seeks consistent active alpha¹ with low tracking error relative to the main U.S. equity benchmark.

PQUS is the U.S. counterpart to the Pictet AI Enhanced International Equity ETF (PQNT), which launched in October 2025 among Pictet’s first U.S. ETFs, alongside the Pictet Cleaner Planet ETF (PCLN) and the Pictet AI & Automation ETF (PBOT).

Both PQUS and PQNT are managed by the firm’s Quantitative Investments team, and utilize the same proprietary machine learning and AI models that power Pictet’s institutional strategies.

The driving insight behind these strategies is the ability of AI to uncover hidden drivers and complex patterns that humans often miss—unlocking new, resilient sources of stock-specific potential outperformance, no matter the market cycle.

Pictet’s innovative approach goes beyond factor or language models, stripping style, size, sector, and region biases to reveal what truly drives each stock’s return. Our AI zeroes in on these signals to help predict future performance.

Our strategy aims to provides an enhanced indexed equity portfolio, driven by active, stock-specific returns. PQUS and PQNT seek to deliver compounding outperformance with lower drawdown risk than traditional active management.

“PQUS and PQNT enable investors to build AI-enhanced exposure across both U.S. and international developed markets within a single, integrated framework. The approach seeks to deliver consistent active outperformance without the black box approach of many quantitative strategies,” said David Wright, Head of Quantitative Investments at Pictet Asset Management.

“The addition of PQUS to our ETF offering further illustrates our commitment to delivering pioneering investment strategies built upon Pictet’s robust research in the formats advisors and investors want,” said Elizabeth Dillon, CEO of Pictet Asset Management (USA).

Pictet ETFs align with the firm’s client-focused approach to investment management, delivering strategies that rely on the same independent thinking, rigorous fundamental research and focus on long-term results that have powered Pictet’s success for many clients through a wide range of market and economic cycles.

For more information about Pictet ETFs, please visit www.pictet.com/etf.

Notes to Editors

About Pictet Asset Management

Pictet Asset Management includes all the operating subsidiaries and divisions of the Pictet group that carry out institutional asset management and fund management. Pictet Asset Management Limited is authorised and regulated by the UK’s Financial Conduct Authority.

At January 31 2026, Pictet Asset Management managed USD 349 / CHF 269 / EUR 293 / GBP 254 billion in assets. Pictet Asset Management has eighteen business development centres worldwide, extending from London, Brussels, Geneva, Frankfurt, Amsterdam, Luxembourg, Madrid, Milan, Paris and Zurich to Hong Kong, Taipei, Osaka, Tokyo, Singapore, Shanghai, Montreal and New York.

Pictet’s proprietary AI Driven Enhanced Equity Strategy

For decades, a portion of stock-specific return has remained unexplained. Recent advances in artificial intelligence are now enabling us to identify the underlying drivers of these unexplained returns by detecting complex patterns that are imperceptible to human analysis. Through this approach, we uncover new sources of stock-specific outperformance that are both resilient to, and independent of, market cycles.

Our methodology is distinct: it is neither a factor model nor a large language model. We systematically remove systemic and factor biases—such as style, size, sector, or region—from returns, thereby isolating the truly idiosyncratic component of each stock’s performance. Our AI model is designed to understand and predict the drivers of this stock-specific return, which forms the basis for constructing and optimising real portfolios with clearly defined risk-return objectives.

The result is an indexed equity portfolio, enhanced by a layer of active, stock-specific return. This approach generates compounding outperformance, with relative performance drawdown risk lower than that of traditional active management. Importantly, this is not a black-box factor model, but a transparent, active investment strategy that offers new, uncorrelated sources of outperformance compared to conventional active or factor-driven enhanced indexation portfolios.

About Pictet Group

The Pictet Group is a partnership of owner-managers, with principles of succession and transmission of ownership that have remained unchanged since its foundation in 1805. The Group focuses exclusively on wealth management, asset management, alternative investments and related asset services. It does not engage in investment banking, nor does it extend commercial loans.

With CHF 757 (EUR 813/USD 955/GBP 710) billion in assets under management or custody as at 31 December 2025, the Pictet Group is today one of Europe’s leading independent wealth and asset managers for private clients and institutional investors.

Founded and headquartered in Geneva, Switzerland, the Pictet Group currently employs some 5,500 people. It has 31 offices worldwide, in Amsterdam, Barcelona, Basel, Brussels, Dubai, Frankfurt, Geneva, Hong Kong, Lausanne, Lisbon, London, Luxembourg, Madrid, Milan, Monaco, Montreal, Munich, Nassau, New York, Osaka, Paris, Rome, Shanghai, Singapore, Stuttgart, Taipei, Tel Aviv, Tokyo, Turin, Verona and Zurich.

¹Alpha is a measure of how much better (or worse) an investment performs compared to its benchmark, after adjusting for risk. If an investment has a positive alpha, it means it earned more than similar investments in the overall market; a negative alpha means it underperformed. For example, if a fund’s benchmark index returns 5% and the fund earns 7%, its alpha is 2%.

Important information

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