ETFIQ Thematic, 40% stocks benchmark
Thematic family · 30 to 50% bandRules-based benchmarkRebalanced quarterly; set chosen each DecemberSeries from Jan 3, 2011 · tracked from Oct 5, 2026Method v1.3
ETFIQ is an independent publisher of exchange-traded fund data. It is not a fund issuer, broker-dealer or investment adviser, takes no payment from issuers, and makes no recommendations.
Over 10 years to Sep 30, 2026, ETFIQ Thematic, 40% stocks, had a total return of +7.17% a year, hypothetical.
One sentence, recomputed nightly. A benchmark is a rule, not a recommendation.
Stock-share scale
Holdings as of May 31 to Jun 30, 2026Five bands, open below and closed above: 15 to 30, 30 to 50, 50 to 70, 70 to 85, over 85. The portfolio is a dot with its figure, date and band. Under 15% is not a band and is drawn as empty track.
15%30%50%70%85%
40.00% stocks on Jun 30, 2026 · band 30 to 50%
0100% stocksBands alternate two greys so their edges read without colour.Text equivalent: "40.00% of holdings in stocks on Jun 30, 2026, in the 30 to 50% band; the rule holds 40%. 60.00% of the weight is measured from the funds’ filings; 40.00% is counted by its sleeve (39 funds)."
Growth of $10,000
Trailing ranges end on Sep 30, 2026, All on Oct 7, 2026. The hypothetical span is dashed and shaded; the largest drawdown is shaded and dated under the chart. Computed by ETFIQ from Tiingo daily prices.
ETFIQ Thematic, 40% stocksStrategic 40, the referenceHypotheticalLargest drawdown −6.32%, Jan 28, 2026 to Mar 30, 2026
| Value on | Sep 30, 2025 | Dec 10, 2025 | Feb 24, 2026 | May 7, 2026 | Jul 21, 2026 | Sep 30, 2026 |
|---|---|---|---|---|---|---|
| Thematic 40 | $10,000 | $10,180 | $10,497 | $10,671 | $10,536 | $10,506 |
| Reference | $10,000 | $10,176 | $10,467 | $10,585 | $10,635 | $10,527 |
ETFIQ Thematic, 40% stocksStrategic 40, the referenceHypotheticalLargest drawdown −9.31%, Dec 6, 2024 to Apr 8, 2025
| Value on | Sep 29, 2023 | May 6, 2024 | Dec 10, 2024 | Jul 21, 2025 | Feb 25, 2026 | Sep 30, 2026 |
|---|---|---|---|---|---|---|
| Thematic 40 | $10,000 | $11,134 | $11,933 | $12,764 | $14,395 | $14,359 |
| Reference | $10,000 | $11,039 | $11,904 | $12,433 | $13,574 | $13,610 |
ETFIQ Thematic, 40% stocksStrategic 40, the referenceHypotheticalLargest drawdown −24.13%, Nov 8, 2021 to Oct 14, 2022
| Value on | Sep 30, 2021 | Sep 29, 2022 | Sep 29, 2023 | Sep 27, 2024 | Sep 30, 2025 | Sep 30, 2026 |
|---|---|---|---|---|---|---|
| Thematic 40 | $10,000 | $8,097 | $8,691 | $10,288 | $11,877 | $12,479 |
| Reference | $10,000 | $8,357 | $9,012 | $10,745 | $11,652 | $12,265 |
ETFIQ Thematic, 40% stocksStrategic 40, the referenceHypotheticalLargest drawdown −24.13%, Nov 8, 2021 to Oct 14, 2022
| Value on | Sep 30, 2016 | Sep 28, 2018 | Sep 29, 2020 | Sep 27, 2022 | Sep 27, 2024 | Sep 30, 2026 |
|---|---|---|---|---|---|---|
| Thematic 40 | $10,000 | $11,206 | $13,812 | $12,865 | $16,481 | $19,991 |
| Reference | $10,000 | $11,042 | $12,850 | $11,756 | $15,222 | $17,376 |
ETFIQ Thematic, 40% stocksStrategic 40, the referenceHypotheticalLargest drawdown −24.13%, Nov 8, 2021 to Oct 14, 2022
| Value on | Jan 3, 2011 | Feb 28, 2014 | Apr 21, 2017 | Jun 16, 2020 | Aug 9, 2023 | Oct 7, 2026 |
|---|---|---|---|---|---|---|
| Thematic 40 | $10,000 | $12,418 | $13,487 | $17,038 | $19,057 | $26,305 |
| Reference | $10,000 | $12,090 | $13,629 | $16,551 | $17,590 | $23,274 |
Facts
As of Oct 7, 2026- Family · band
- Thematic · 30 to 50%
- Stock share, the rule
- 40%
- Stock share, measured
- 40.00%
- Rebalance
- Reset on the last trading day of each quarter; its set is chosen again on the last trading day of each December and trades at the close of the next, 16 sets since Jan 3, 2011
- Cash rate
- Treasury 13-week bill rate
- Fee treatment
- Fund fees inside prices; nothing else deducted
- Start of series
- Jan 3, 2011
- Base date
- Jan 3, 2011 = $10,000
- Tracked from
- Oct 5, 2026
- Method version
- v1.3
ETFIQ takes no payment from any fund company. A benchmark is a rule, not a recommendation.
Return table
Prices to Oct 7, 2026| YTD* | 1Y* | 3Y* | 5Y* | 10Y* | Since start* | |
|---|---|---|---|---|---|---|
| ETFIQ Thematic, 40% stocks | +3.62% | +5.06% | +12.82% | +4.53% | +7.17% | +6.38% |
| Strategic 40, the reference | +3.93% | +5.27% | +10.82% | +4.17% | +5.68% | +5.49% |
| Difference | −0.31 | −0.21 | +2.00 | +0.36 | +1.49 | +0.89 |
*Hypothetical as a whole: the window begins before the tracked date, Oct 5, 2026. YTD and 1Y are total returns; 3Y, 5Y, 10Y and since start are annualised; the difference row is the two figures above it subtracted, in percentage points. Series starts Jan 3, 2011; tracked from Oct 5, 2026. The reference: the strategic member at stock share 40.
Risk by window
Prices to Sep 30, 2026| Measure | 3 years* | 5 years* | 10 years* | |||
|---|---|---|---|---|---|---|
| Portfolio | Reference | Portfolio | Reference | Portfolio | Reference | |
Volatility (annualised) Sample standard deviation of monthly returns, times the square root of 12 | 9.70% | 7.25% | 11.41% | 9.18% | 9.93% | 7.93% |
Maximum drawdown Largest fall from a peak to a later low, on daily values, in the window | −9.31% (Dec 6, 2024 to Apr 8, 2025) | −6.47% (Dec 6, 2024 to Apr 8, 2025) | −24.13% (Nov 8, 2021 to Oct 14, 2022) | −20.32% (Nov 9, 2021 to Oct 14, 2022) | −24.13% (Nov 8, 2021 to Oct 14, 2022) | −20.32% (Nov 9, 2021 to Oct 14, 2022) |
Worst month Lowest single calendar-month return | −4.41% (Mar 2026) | −3.54% (Mar 2026) | −7.19% (Apr 2022) | −6.31% (Sep 2022) | −7.19% (Apr 2022) | −6.49% (Mar 2020) |
Sharpe on T-bills Return over the Treasury 13-week bill rate, per unit of volatility, monthly | 0.83 | 0.84 | 0.11 | 0.07 | 0.50 | 0.42 |
Beta to the reference Sensitivity to the reference’s monthly moves | 1.28 | not published | 1.20 | not published | 1.20 | not published |
Up capture Share of the reference’s gains kept in its up months | 125.77% | not published | 117.90% | not published | 119.19% | not published |
Down capture Share of the reference’s losses taken in its down months | 138.83% | not published | 120.74% | not published | 114.54% | not published |
*Hypothetical as a whole: the window begins before the tracked date, Oct 5, 2026. Not published: the reference’s beta and captures. A reference measured against itself.
Calendar years with percentile in band
Band 30 to 50% · prices to Oct 7, 2026| Year | Thematic 40 | Strategic 40, the reference | Band median | Percentile · funds | Band low to high |
|---|---|---|---|---|---|
| 2026 to Oct 7, 2026* | +3.62% | +3.93% | not published | not published | not published |
| 2025* | +20.04% | +13.13% | not published | not published | not published |
| 2024* | +5.31% | +7.23% | not published | not published | not published |
| 2023* | +14.03% | +12.05% | not published | not published | not published |
| 2022* | −17.41% | −14.84% | not published | not published | not published |
| 2021* | +4.99% | +5.92% | not published | not published | not published |
| 2020* | +25.03% | +11.92% | not published | not published | not published |
| 2019* | +15.98% | +15.87% | not published | not published | not published |
| 2018* | −4.79% | −3.78% | not published | not published | not published |
| 2017* | +13.91% | +11.52% | not published | not published | not published |
| 2016* | +11.08% | +5.02% | not published | not published | not published |
| 2015* | −4.65% | −0.21% | not published | not published | not published |
| 2014* | +2.16% | +5.11% | not published | not published | not published |
| 2013* | +8.15% | +7.40% | not published | not published | not published |
| 2012* | +7.63% | +9.21% | not published | not published | not published |
| 2011 | not published | not published | not published | not published | not published |
*Hypothetical: the year starts before Oct 5, 2026, when the tracked record starts. Not published: 2011. The history starts 2011-01-03, after the last close of December 2010. Not published: the band median, percentile and range. ETFIQ has not placed allocation funds in bands yet, so there is no set to take a percentile in.
Stress windows
Rule version 1 · prices to each window’s last close11 windows, found by the published rule on every run: each card draws the family’s members from $10,000 at the window’s first close, with the return, the dollars and the largest drawdown inside it.
VT fell 10.76%
Jan 11 to Feb 8, 2010
$10,000
| Member | Return | On $10,000 | Max DD |
|---|---|---|---|
| Thematic 20 | no history | ||
| Thematic 40 | no history | ||
| Thematic 60 | no history | ||
| Thematic 80 | no history | ||
| Thematic 95 | no history | ||
| Thematic 100 | no history | ||
Not shown, outside a member’s history: Thematic 20: outside its history (its history runs 2011-01-03 to 2026-10-07); Thematic 40: outside its history (its history runs 2011-01-03 to 2026-10-07); Thematic 60: outside its history (its history runs 2011-01-03 to 2026-10-07); Thematic 80: outside its history (its history runs 2011-01-03 to 2026-10-07); Thematic 95: outside its history (its history runs 2011-01-03 to 2026-10-07); Thematic 100: outside its history (its history runs 2011-01-03 to 2026-10-07).
VT fell 16.44%
Apr 14 to Jun 7, 2010
$10,000
| Member | Return | On $10,000 | Max DD |
|---|---|---|---|
| Thematic 20 | no history | ||
| Thematic 40 | no history | ||
| Thematic 60 | no history | ||
| Thematic 80 | no history | ||
| Thematic 95 | no history | ||
| Thematic 100 | no history | ||
Not shown, outside a member’s history: Thematic 20: outside its history (its history runs 2011-01-03 to 2026-10-07); Thematic 40: outside its history (its history runs 2011-01-03 to 2026-10-07); Thematic 60: outside its history (its history runs 2011-01-03 to 2026-10-07); Thematic 80: outside its history (its history runs 2011-01-03 to 2026-10-07); Thematic 95: outside its history (its history runs 2011-01-03 to 2026-10-07); Thematic 100: outside its history (its history runs 2011-01-03 to 2026-10-07).
VT fell 23.83%
Apr 29 to Oct 3, 2011
$10,000
| Member | Return | On $10,000 | Max DD |
|---|---|---|---|
| Thematic 20 | −0.81% | $9,919 | −2.74% |
| Thematic 40 | −6.78% | $9,322 | −7.51% |
| Thematic 60 | −12.59% | $8,741 | −12.79% |
| Thematic 80 | −18.23% | $8,177 | −18.23% |
| Thematic 95 | −22.35% | $7,765 | −22.35% |
| Thematic 100 | −23.71% | $7,629 | −23.71% |
AGG fell 5.14%
May 2 to Sep 5, 2013
$10,000
| Member | Return | On $10,000 | Max DD |
|---|---|---|---|
| Thematic 20 | −2.88% | $9,712 | −4.61% |
| Thematic 40 | −0.58% | $9,942 | −5.50% |
| Thematic 60 | +1.75% | $10,175 | −6.42% |
| Thematic 80 | +4.10% | $10,410 | −7.33% |
| Thematic 95 | +5.88% | $10,588 | −8.00% |
| Thematic 100 | +6.47% | $10,647 | −8.22% |
VT fell 19.79%
May 21, 2015 to Feb 11, 2016
$10,000
| Member | Return | On $10,000 | Max DD |
|---|---|---|---|
| Thematic 20 | −4.42% | $9,558 | −5.82% |
| Thematic 40 | −10.72% | $8,928 | −12.21% |
| Thematic 60 | −16.77% | $8,323 | −18.35% |
| Thematic 80 | −22.60% | $7,740 | −24.24% |
| Thematic 95 | −26.82% | $7,318 | −28.51% |
| Thematic 100 | −28.20% | $7,180 | −29.90% |
VT fell 19.97%
Jan 26 to Dec 24, 2018
$10,000
| Member | Return | On $10,000 | Max DD |
|---|---|---|---|
| Thematic 20 | −4.17% | $9,583 | −4.27% |
| Thematic 40 | −8.65% | $9,135 | −8.65% |
| Thematic 60 | −13.08% | $8,692 | −13.08% |
| Thematic 80 | −17.45% | $8,255 | −17.45% |
| Thematic 95 | −20.69% | $7,931 | −20.69% |
| Thematic 100 | −21.77% | $7,823 | −21.77% |
VT fell 34.23%
Feb 12 to Mar 23, 2020
$10,000
| Member | Return | On $10,000 | Max DD |
|---|---|---|---|
| Thematic 20 | −8.21% | $9,179 | −12.28% |
| Thematic 40 | −15.30% | $8,470 | −18.41% |
| Thematic 60 | −22.35% | $7,765 | −24.54% |
| Thematic 80 | −29.36% | $7,064 | −30.66% |
| Thematic 95 | −34.59% | $6,541 | −35.23% |
| Thematic 100 | −36.33% | $6,367 | −36.80% |
AGG fell 9.58%
Mar 6 to Mar 18, 2020
$10,000
| Member | Return | On $10,000 | Max DD |
|---|---|---|---|
| Thematic 20 | −12.17% | $8,783 | −12.17% |
| Thematic 40 | −15.71% | $8,429 | −15.71% |
| Thematic 60 | −19.46% | $8,054 | −19.46% |
| Thematic 80 | −23.44% | $7,656 | −23.44% |
| Thematic 95 | −26.59% | $7,341 | −26.59% |
| Thematic 100 | −27.67% | $7,233 | −27.67% |
AGG fell 18.44%, not yet regained
Aug 4, 2020 to Oct 20, 2022
$10,000
| Member | Return | On $10,000 | Max DD |
|---|---|---|---|
| Thematic 20 | −13.00% | $8,700 | −20.56% |
| Thematic 40 | −7.60% | $9,240 | −24.13% |
| Thematic 60 | −2.34% | $9,766 | −27.93% |
| Thematic 80 | +2.74% | $10,274 | −31.65% |
| Thematic 95 | +6.38% | $10,638 | −34.38% |
| Thematic 100 | +7.57% | $10,757 | −35.28% |
VT fell 26.39%
Nov 8, 2021 to Oct 12, 2022
$10,000
| Member | Return | On $10,000 | Max DD |
|---|---|---|---|
| Thematic 20 | −19.44% | $8,056 | −19.55% |
| Thematic 40 | −23.28% | $7,672 | −23.28% |
| Thematic 60 | −27.04% | $7,296 | −27.04% |
| Thematic 80 | −30.71% | $6,929 | −30.71% |
| Thematic 95 | −33.42% | $6,658 | −33.42% |
| Thematic 100 | −34.31% | $6,569 | −34.32% |
VT fell 16.51%
Feb 18 to Apr 8, 2025
$10,000
| Member | Return | On $10,000 | Max DD |
|---|---|---|---|
| Thematic 20 | −4.07% | $9,593 | −4.36% |
| Thematic 40 | −8.95% | $9,105 | −8.95% |
| Thematic 60 | −13.64% | $8,636 | −13.64% |
| Thematic 80 | −18.15% | $8,185 | −18.15% |
| Thematic 95 | −21.42% | $7,858 | −21.42% |
| Thematic 100 | −22.49% | $7,751 | −22.49% |
The rule. A fall of VT of 10% or more, and a fall of AGG of 5% or more, measured exactly on the published adjusted closes. A fall of 9.99% in VT is not a window. A window runs from its peak close to its trough close, both days included, and is named by them. Rule version 1.
The themes held, re-chosen each December
A theme joins at the first December after its fund has 3 calendar years of prices; each set trades at the close of the next trading day.
| Chosen on | Held from | Themes | Themes that joined |
|---|---|---|---|
| Dec 31, 2025 | Jan 2, 2026 | 39 | Energy transition and decarbonisation |
| Dec 31, 2024 | Jan 2, 2025 | 38 | Metaverse and immersive tech; Space |
| Dec 29, 2023 | Jan 2, 2024 | 36 | Cannabis; Digital infrastructure and data centers |
| Dec 30, 2022 | Jan 3, 2023 | 34 | Fintech and digital payments |
| Dec 31, 2021 | Jan 3, 2022 | 33 | Artificial intelligence; Blockchain and crypto equities; Energy security and critical technology; Electric vehicles and batteries; Gaming, esports and betting; Quantum computing; Stablecoins and tokenisation |
| Dec 31, 2020 | Jan 4, 2021 | 26 | Infrastructure |
| Dec 31, 2019 | Jan 2, 2020 | 25 | Robotics and automation |
| Dec 31, 2018 | Jan 2, 2019 | 24 | Cybersecurity; Shipping, aviation and logistics |
| Dec 29, 2017 | Jan 2, 2018 | 22 | Genomics and gene editing; Broad innovation and megatrends; Reshoring and manufacturing |
| Dec 30, 2016 | Jan 3, 2017 | 19 | none |
| Dec 31, 2015 | Jan 4, 2016 | 19 | none |
| Dec 31, 2014 | Jan 2, 2015 | 19 | Semiconductors |
| Dec 31, 2013 | Jan 2, 2014 | 18 | Copper; Lithium and battery metals; Nuclear and uranium; Rare earth and critical materials; Silver miners |
| Dec 31, 2012 | Jan 2, 2013 | 13 | Electrification and the grid |
| Dec 30, 2011 | Jan 3, 2012 | 12 | Clean energy; Timber and forestry |
| Dec 31, 2010 | Jan 3, 2011 | 10 | Agriculture; Biotech; Cloud and software; Defense; Gold miners; Internet and e-commerce; Miners and metals; Therapeutics and medical devices; Travel and leisure; Water |
16 theme sets of ETFIQ Thematic, 40% stocks, newest first, from the selection record.
Holdings
Weights in force since Jan 2, 2026| Fund | Sleeve | Weight | Fee |
|---|---|---|---|
| AGG iShares Core U.S. Aggregate Bond ETF | US bonds | 30% | 0.03% |
| BND Vanguard Total Bond Market ETF | US bonds | 30% | 0.03% |
| AIQ Global X Artificial Intelligence & Technology ETF | Artificial intelligence | 1.03% | 0.68% |
| AIRR First Trust RBA American Industrial Renaissance ETF | Reshoring and manufacturing | 1.03% | 0.69% |
| ARKF ARK Blockchain & Fintech Innovation ETF | Fintech and digital payments | 1.03% | 0.75% |
| ARKG ARK Genomic Revolution ETF | Genomics and gene editing | 1.03% | 0.75% |
| ARKK ARK Innovation ETF | Broad innovation and megatrends | 1.03% | 0.75% |
| ARKX ARK Space & Defense Innovation ETF | Space | 1.03% | 0.75% |
| BLOK Amplify Blockchain Technology ETF | Blockchain and crypto equities | 1.03% | 0.70% |
| BOTZ Global X Robotics & Artificial Intelligence ETF | Robotics and automation | 1.03% | 0.68% |
| CIBR First Trust NASDAQ Cybersecurity ETF | Cybersecurity | 1.03% | 0.58% |
| COPX Global X Copper Miners ETF | Copper | 1.03% | 0.65% |
| DRIV Global X Autonomous & Electric Vehicles ETF | Electric vehicles and batteries | 1.03% | 0.68% |
| DTCR Global X Data Center & Digital Infrastructure ETF | Digital infrastructure and data centers | 1.03% | 0.50% |
| ESPO VanEck Video Gaming and eSports ETF | Gaming, esports and betting | 1.03% | 0.55% |
| FDN First Trust Dow Jones Internet Index Fund | Internet and e-commerce | 1.03% | 0.49% |
| GDX VanEck Gold Miners ETF | Gold miners | 1.03% | 0.51% |
| GRID First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund | Electrification and the grid | 1.03% | 0.56% |
| IBB iShares Biotechnology ETF | Biotech | 1.03% | 0.44% |
| ICLN iShares Global Clean Energy ETF | Clean energy | 1.03% | 0.38% |
| IETC iShares U.S. Tech Independence Focused ETF | Energy security and critical technology | 1.03% | 0.18% |
| IGV iShares Expanded Tech-Software Sector ETF | Cloud and software | 1.03% | 0.38% |
| IHI iShares U.S. Medical Devices ETF | Therapeutics and medical devices | 1.03% | 0.37% |
| ITA iShares U.S. Aerospace & Defense ETF | Defense | 1.03% | 0.37% |
| JETS U.S. Global Jets ETF | Shipping, aviation and logistics | 1.03% | 0.60% |
| LEGR First Trust Indxx Innovative Transaction & Process ETF | Stablecoins and tokenisation | 1.03% | 0.65% |
| LIT Global X Lithium & Battery Tech ETF | Lithium and battery metals | 1.03% | 0.75% |
| METV Roundhill Ball Metaverse ETF | Metaverse and immersive tech | 1.03% | 0.59% |
| MOO VanEck Agribusiness ETF | Agriculture | 1.03% | 0.56% |
| MSOS AdvisorShares Pure US Cannabis ETF | Cannabis | 1.03% | 0.78% |
| PAVE Global X U.S. Infrastructure Development ETF | Infrastructure | 1.03% | 0.47% |
| PEJ Invesco Leisure and Entertainment ETF | Travel and leisure | 1.03% | 0.58% |
| PHO Invesco Water Resources ETF | Water | 1.03% | 0.59% |
| QTUM Defiance Quantum ETF | Quantum computing | 1.03% | 0.40% |
| REMX VanEck Rare Earth and Strategic Metals ETF | Rare earth and critical materials | 1.03% | 0.53% |
| SIL Global X Silver Miners ETF | Silver miners | 1.03% | 0.65% |
| SMH VanEck Semiconductor ETF | Semiconductors | 1.03% | 0.35% |
| URA Global X Uranium ETF | Nuclear and uranium | 1.03% | 0.69% |
| USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF | Energy transition and decarbonisation | 1.03% | 0.10% |
| WOOD iShares Global Timber & Forestry ETF | Timber and forestry | 1.03% | 0.39% |
| XME State Street SPDR S&P Metals & Mining ETF | Miners and metals | 1.03% | 0.35% |
The weights the rule sets at each rebalance, in force since Jan 2, 2026. Each fund’s expense ratio is from its prospectus, as of Oct 24, 2025, Oct 28, 2025, Nov 21, 2025, Nov 26, 2025, Dec 18, 2025, Jan 27, 2026, Jan 28, 2026, Feb 26, 2026, Mar 27, 2026, Apr 24, 2026, Apr 28, 2026, Apr 29, 2026, Apr 30, 2026, Jun 18, 2026, Jul 27, 2026, Aug 21, 2026 and Aug 27, 2026.
Exposures against the reference
Holdings as of May 31 to Jun 30, 2026Stocks40.00%39.60%0.40 points over; 60.00% of the portfolio measured
Where it comes from: MOO 1.03 · AIQ 1.03 · IBB 1.03 · BLOK 1.03 · MSOS 1.03 · ICLN 1.03 · IGV 1.03 · COPX 1.03 · CIBR 1.03 · ITA 1.03 · DTCR 1.03 · GRID 1.03 · IETC 1.03 · USNZ 1.03 · DRIV 1.03 · ARKF 1.03 · ESPO 1.03 · ARKG 1.03 · GDX 1.03 · PAVE 1.03 · ARKK 1.03 · FDN 1.03 · LIT 1.03 · METV 1.03 · XME 1.03 · URA 1.03 · QTUM 1.03 · REMX 1.03 · AIRR 1.03 · BOTZ 1.03 · SMH 1.03 · SIL 1.03 · ARKX 1.03 · IHI 1.03 · WOOD 1.03 · LEGR 1.03 · JETS 1.03 · PEJ 1.03 · PHO 1.03; counted by its sleeve: MOO, AIQ, IBB, BLOK, MSOS, ICLN, IGV, COPX, CIBR, ITA, DTCR, GRID, IETC, USNZ, DRIV, ARKF, ESPO, ARKG, GDX, PAVE, ARKK, FDN, LIT, METV, XME, URA, QTUM, REMX, AIRR, BOTZ, SMH, SIL, ARKX, IHI, WOOD, LEGR, JETS, PEJ, PHO
Preferred shares0.00%0.10%0.10 points under; 60.00% of the portfolio measured
counted by its sleeve: MOO, AIQ, IBB, BLOK, MSOS, ICLN, IGV, COPX, CIBR, ITA, DTCR, GRID, IETC, USNZ, DRIV, ARKF, ESPO, ARKG, GDX, PAVE, ARKK, FDN, LIT, METV, XME, URA, QTUM, REMX, AIRR, BOTZ, SMH, SIL, ARKX, IHI, WOOD, LEGR, JETS, PEJ, PHO
Bonds59.17%59.17%level; 60.00% of the portfolio measured
Where it comes from: BND 29.63 · AGG 29.54; counted by its sleeve: MOO, AIQ, IBB, BLOK, MSOS, ICLN, IGV, COPX, CIBR, ITA, DTCR, GRID, IETC, USNZ, DRIV, ARKF, ESPO, ARKG, GDX, PAVE, ARKK, FDN, LIT, METV, XME, URA, QTUM, REMX, AIRR, BOTZ, SMH, SIL, ARKX, IHI, WOOD, LEGR, JETS, PEJ, PHO
Funds0.00%0.00%level; 60.00% of the portfolio measured
counted by its sleeve: MOO, AIQ, IBB, BLOK, MSOS, ICLN, IGV, COPX, CIBR, ITA, DTCR, GRID, IETC, USNZ, DRIV, ARKF, ESPO, ARKG, GDX, PAVE, ARKK, FDN, LIT, METV, XME, URA, QTUM, REMX, AIRR, BOTZ, SMH, SIL, ARKX, IHI, WOOD, LEGR, JETS, PEJ, PHO
Other, including cash0.83%1.12%0.29 points under; 60.00% of the portfolio measured
Where it comes from: BND 0.37 · AGG 0.46; counted by its sleeve: MOO, AIQ, IBB, BLOK, MSOS, ICLN, IGV, COPX, CIBR, ITA, DTCR, GRID, IETC, USNZ, DRIV, ARKF, ESPO, ARKG, GDX, PAVE, ARKK, FDN, LIT, METV, XME, URA, QTUM, REMX, AIRR, BOTZ, SMH, SIL, ARKX, IHI, WOOD, LEGR, JETS, PEJ, PHO
Government bonds41.50%41.50%level
Where it comes from: BND 20.52 · AGG 20.98
Corporate bonds15.98%15.98%level
Where it comes from: BND 8.47 · AGG 7.51
- Stocks by region
- not published (no held fund with stocks publishes a US share of its stocks)
- Sectors
- not published (no held fund with stocks publishes sector shares)
- Bonds by issuer, Municipal
- not published (no held fund with bonds publishes a municipal share of its bonds)
Percent of the portfolio, looked through to each fund’s filings. The lower bar is Strategic 40, by the same rule; the difference is in percentage points.
Factor loadings
187 months to Aug 31, 2026Regression of monthly excess returns on the five Fama-French factors and momentum, by least squares, with a t statistic for each.
Market (Mkt-RF) 0.48 (t 19.61)not published
Size (SMB) 0.08 (t 1.87)not published
Value (HML) −0.15 (t −3.58)not published
Profitability (RMW) −0.09 (t −1.94)not published
Investment (CMA) 0.09 (t 1.53)not published
Momentum (Mom) −0.09 (t −3.26)not published
R² 0.76. Factor returns from the Kenneth R. French data library, as named in Sources. Loadings over a span that begins before Oct 5, 2026 are hypothetical. Not published: the lower bar and the difference. The reference’s loadings cover Jan 29, 2010 to Aug 31, 2026, not the same months as these, Jan 31, 2011 to Aug 31, 2026.
Turnover
12 months to Sep 30, 2026 · 12.46% a yearShare of the benchmark traded each month, from the rule’s rebalances.
1.45%
Oct 2025Months that moved the targets in accentSep 2026
Each month is the sum of its rebalances’ turnover, one side of the trades over the portfolio; the 12 add up to 12.46% a year. Trading costs are not deducted from the returns. Since Jan 31, 2011: 13.47% a year.
Look-through holdings
Books as of May 29 to Oct 7, 202648.28% of the portfolio seen through to securities; 51.72% unmatched (rows with no ETFIQ security id, never ranked). Percent of the gross long weight; negative lines, such as cash owed and written options, net −0.78% of the portfolio. Matched by the books' row key (the book of MSOS carries no sid). Books: MOO Oct 6, 2026, AIQ Oct 7, 2026, IBB Oct 6, 2026, BLOK Oct 7, 2026, MSOS Jun 30, 2026, ICLN Oct 6, 2026, IGV Oct 6, 2026, COPX Oct 7, 2026, CIBR Oct 6, 2026, ITA Oct 6, 2026, DTCR Oct 7, 2026, GRID Oct 6, 2026, IETC Oct 6, 2026, USNZ May 29, 2026, DRIV Oct 7, 2026, ARKF Oct 7, 2026, ESPO Jun 30, 2026, ARKG Oct 7, 2026, GDX Oct 6, 2026, PAVE Oct 7, 2026, ARKK Oct 7, 2026, FDN Oct 6, 2026, LIT Oct 7, 2026, METV Oct 7, 2026, XME Oct 6, 2026, URA Oct 7, 2026, QTUM Oct 7, 2026, REMX Oct 6, 2026, AIRR Oct 6, 2026, BOTZ Oct 7, 2026, SMH Oct 6, 2026, SIL Oct 7, 2026, ARKX Oct 7, 2026, IHI Oct 6, 2026, WOOD Oct 6, 2026, LEGR Oct 6, 2026, JETS Jun 30, 2026, PEJ Oct 6, 2026, PHO Oct 6, 2026, BND Aug 31, 2026, AGG Oct 6, 2026.
| # | Security | Share of portfolio | Held by |
|---|---|---|---|
| 1 | CURALEAF HOLDINGS INC CURLDHeld by MSOS 0.49 | 0.49% | 1 of 41 funds |
| 2 | TRULIEVE CANNABIS CORP TRLVHeld by MSOS 0.38 | 0.38% | 1 of 41 funds |
| 3 | MKTLIQHeld by BND 0.36 | 0.36% | 1 of 41 funds |
| 4 | Meta Platforms, Inc. (Class A) METAHeld by FDN 0.11 · METV 0.06 · ARKF 0.05 · ARKK 0.02 · LEGR 0.01 | 0.26% | 5 of 41 funds |
| 5 | NVIDIA CORP NVDAHeld by ARKX 0.06 · METV 0.06 · ARKF 0.03 · ARKK 0.03 · GRID 0.02 · BLOK 0.02 · QTUM 0.01 · LEGR 0.01 | 0.24% | 8 of 41 funds |
| 6 | Amazon.com, Inc. AMZNHeld by FDN 0.10 · ARKX 0.05 · ARKF 0.04 · ARKK 0.02 · QTUM 0.01 · LEGR 0.01 | 0.23% | 6 of 41 funds |
| 7 | Cisco Systems, Inc. CSCOHeld by FDN 0.09 · CIBR 0.08 · GRID 0.02 · LEGR 0.01 · QTUM 0.01 | 0.22% | 5 of 41 funds |
| 8 | ADVANCED MICRO DEVICES AMDHeld by ARKX 0.05 · BLOK 0.04 · METV 0.03 · ARKK 0.02 · ARKF 0.02 · QTUM 0.02 · LEGR 0.01 | 0.19% | 7 of 41 funds |
| 9 | SPACE EXPLORATION TECHN-CL A SPCXHeld by ARKX 0.12 · ARKK 0.07 | 0.19% | 2 of 41 funds |
| 10 | ROBLOX Corp RBLXHeld by METV 0.08 · ESPO 0.07 · ARKF 0.02 · FDN 0.01 | 0.18% | 4 of 41 funds |
| 11 | COINBASE GLOBAL INC -CLASS A COINHeld by ARKF 0.06 · ARKK 0.04 · METV 0.04 · BLOK 0.03 | 0.17% | 4 of 41 funds |
| 12 | CIRCLE INTERNET GROUP INC CRCLHeld by ARKF 0.06 · ARKK 0.05 · METV 0.04 · BLOK 0.02 · FDN 0.01 | 0.17% | 5 of 41 funds |
| 13 | TESLA INC TSLAHeld by ARKK 0.10 · ARKX 0.04 · GRID 0.02 · LEGR 0.01 | 0.17% | 4 of 41 funds |
| 14 | United States Treasury Note/Bond THeld by BND 0.14 | 0.14% | 1 of 41 funds |
| 15 | Take-Two Interactive Software IncHeld by ESPO 0.07 · METV 0.07 | 0.14% | 2 of 41 funds |
| 16 | Cloudflare, Inc. (Class A) NETHeld by CIBR 0.04 · FDN 0.04 · QTUM 0.02 · ARKK 0.01 · ARKF 0.01 · LEGR 0.01 | 0.14% | 6 of 41 funds |
| 17 | TEMPUS AI INC-CL A TEMHeld by ARKG 0.09 · ARKK 0.05 | 0.14% | 2 of 41 funds |
| 18 | SHOPIFY INC - CLASS A SHOPHeld by ARKF 0.09 · ARKK 0.04 · LEGR 0.01 | 0.14% | 3 of 41 funds |
| 19 | ROBINHOOD MARKETS INC - A HOODHeld by ARKF 0.05 · BLOK 0.04 · ARKK 0.04 | 0.13% | 3 of 41 funds |
| 20 | PALANTIR TECHNOLOGIES INC-A PLTRHeld by ARKF 0.05 · ARKX 0.04 · ARKK 0.03 · QTUM 0.02 | 0.13% | 4 of 41 funds |
| 21 | Broadcom Inc. AVGOHeld by CIBR 0.08 · BLOK 0.02 · ARKK 0.02 · QTUM 0.01 | 0.13% | 4 of 41 funds |
| 22 | BLOCK INC XYZHeld by ARKF 0.08 · BLOK 0.03 · ARKK 0.02 | 0.13% | 3 of 41 funds |
| 23 | NetEase IncHeld by ESPO 0.08 · METV 0.05 | 0.13% | 2 of 41 funds |
| 24 | TWIST BIOSCIENCE CORP TWSTHeld by ARKG 0.09 · ARKK 0.04 | 0.12% | 2 of 41 funds |
| 25 | United States Treasury Note/Bond THeld by BND 0.12 | 0.12% | 1 of 41 funds |
The 25 largest of 17,204 securities matched across 41 funds; each row opens to list the funds that hold it.
Costs
Fees from prospectuses, Oct 24, 2025 to Aug 27, 2026| Layer | A year | On $10,000 | Source · date |
|---|---|---|---|
| Weighted fund fee | 0.24% | $23.77 | Prospectuses · Oct 24, 2025 to Aug 27, 2026 |
Weighted expense ratio 0.24%, each weight times its fund’s expense ratio. It is already inside the returns below.
Change log
Every target-weight change since Jan 3, 2011 · newest first| Date | Holding | Old | New | Reason |
|---|---|---|---|---|
| Jan 2, 2026 | XME | 1.05% | 1.03% | December re-selection |
| Jan 2, 2026 | WOOD | 1.05% | 1.03% | December re-selection |
| Jan 2, 2026 | USNZ | not held | 1.03% | December re-selection |
| Jan 2, 2026 | URA | 1.05% | 1.03% | December re-selection |
| Jan 2, 2026 | SMH | 1.05% | 1.03% | December re-selection |
| Jan 2, 2026 | SIL | 1.05% | 1.03% | December re-selection |
| Jan 2, 2026 | REMX | 1.05% | 1.03% | December re-selection |
| Jan 2, 2026 | QTUM | 1.05% | 1.03% | December re-selection |
| Jan 2, 2026 | PHO | 1.05% | 1.03% | December re-selection |
| Jan 2, 2026 | PEJ | 1.05% | 1.03% | December re-selection |
| Jan 2, 2026 | PAVE | 1.05% | 1.03% | December re-selection |
| Jan 2, 2026 | MSOS | 1.05% | 1.03% | December re-selection |
| Jan 2, 2026 | MOO | 1.05% | 1.03% | December re-selection |
| Jan 2, 2026 | METV | 1.05% | 1.03% | December re-selection |
| Jan 2, 2026 | LIT | 1.05% | 1.03% | December re-selection |
| Jan 2, 2026 | LEGR | 1.05% | 1.03% | December re-selection |
| Jan 2, 2026 | JETS | 1.05% | 1.03% | December re-selection |
| Jan 2, 2026 | ITA | 1.05% | 1.03% | December re-selection |
| Jan 2, 2026 | IHI | 1.05% | 1.03% | December re-selection |
| Jan 2, 2026 | IGV | 1.05% | 1.03% | December re-selection |
| Jan 2, 2026 | IETC | 1.05% | 1.03% | December re-selection |
| Jan 2, 2026 | ICLN | 1.05% | 1.03% | December re-selection |
| Jan 2, 2026 | IBB | 1.05% | 1.03% | December re-selection |
| Jan 2, 2026 | GRID | 1.05% | 1.03% | December re-selection |
| Jan 2, 2026 | GDX | 1.05% | 1.03% | December re-selection |
| Jan 2, 2026 | FDN | 1.05% | 1.03% | December re-selection |
| Jan 2, 2026 | ESPO | 1.05% | 1.03% | December re-selection |
| Jan 2, 2026 | DTCR | 1.05% | 1.03% | December re-selection |
| Jan 2, 2026 | DRIV | 1.05% | 1.03% | December re-selection |
| Jan 2, 2026 | COPX | 1.05% | 1.03% | December re-selection |
| Jan 2, 2026 | CIBR | 1.05% | 1.03% | December re-selection |
| Jan 2, 2026 | BOTZ | 1.05% | 1.03% | December re-selection |
| Jan 2, 2026 | BLOK | 1.05% | 1.03% | December re-selection |
| Jan 2, 2026 | ARKX | 1.05% | 1.03% | December re-selection |
| Jan 2, 2026 | ARKK | 1.05% | 1.03% | December re-selection |
| Jan 2, 2026 | ARKG | 1.05% | 1.03% | December re-selection |
| Jan 2, 2026 | ARKF | 1.05% | 1.03% | December re-selection |
| Jan 2, 2026 | AIRR | 1.05% | 1.03% | December re-selection |
| Jan 2, 2026 | AIQ | 1.05% | 1.03% | December re-selection |
| Jan 2, 2025 | XME | 1.11% | 1.05% | December re-selection |
| Jan 2, 2025 | WOOD | 1.11% | 1.05% | December re-selection |
| Jan 2, 2025 | URA | 1.11% | 1.05% | December re-selection |
| Jan 2, 2025 | SMH | 1.11% | 1.05% | December re-selection |
| Jan 2, 2025 | SIL | 1.11% | 1.05% | December re-selection |
| Jan 2, 2025 | REMX | 1.11% | 1.05% | December re-selection |
| Jan 2, 2025 | QTUM | 1.11% | 1.05% | December re-selection |
| Jan 2, 2025 | PHO | 1.11% | 1.05% | December re-selection |
| Jan 2, 2025 | PEJ | 1.11% | 1.05% | December re-selection |
| Jan 2, 2025 | PAVE | 1.11% | 1.05% | December re-selection |
| Jan 2, 2025 | MSOS | 1.11% | 1.05% | December re-selection |
| Jan 2, 2025 | MOO | 1.11% | 1.05% | December re-selection |
| Jan 2, 2025 | METV | not held | 1.05% | December re-selection |
| Jan 2, 2025 | LIT | 1.11% | 1.05% | December re-selection |
| Jan 2, 2025 | LEGR | 1.11% | 1.05% | December re-selection |
| Jan 2, 2025 | JETS | 1.11% | 1.05% | December re-selection |
| Jan 2, 2025 | ITA | 1.11% | 1.05% | December re-selection |
| Jan 2, 2025 | IHI | 1.11% | 1.05% | December re-selection |
| Jan 2, 2025 | IGV | 1.11% | 1.05% | December re-selection |
| Jan 2, 2025 | IETC | 1.11% | 1.05% | December re-selection |
| Jan 2, 2025 | ICLN | 1.11% | 1.05% | December re-selection |
| Jan 2, 2025 | IBB | 1.11% | 1.05% | December re-selection |
| Jan 2, 2025 | GRID | 1.11% | 1.05% | December re-selection |
| Jan 2, 2025 | GDX | 1.11% | 1.05% | December re-selection |
| Jan 2, 2025 | FDN | 1.11% | 1.05% | December re-selection |
| Jan 2, 2025 | ESPO | 1.11% | 1.05% | December re-selection |
| Jan 2, 2025 | DTCR | 1.11% | 1.05% | December re-selection |
| Jan 2, 2025 | DRIV | 1.11% | 1.05% | December re-selection |
| Jan 2, 2025 | COPX | 1.11% | 1.05% | December re-selection |
| Jan 2, 2025 | CIBR | 1.11% | 1.05% | December re-selection |
| Jan 2, 2025 | BOTZ | 1.11% | 1.05% | December re-selection |
| Jan 2, 2025 | BLOK | 1.11% | 1.05% | December re-selection |
| Jan 2, 2025 | ARKX | not held | 1.05% | December re-selection |
| Jan 2, 2025 | ARKK | 1.11% | 1.05% | December re-selection |
| Jan 2, 2025 | ARKG | 1.11% | 1.05% | December re-selection |
| Jan 2, 2025 | ARKF | 1.11% | 1.05% | December re-selection |
| Jan 2, 2025 | AIRR | 1.11% | 1.05% | December re-selection |
| Jan 2, 2025 | AIQ | 1.11% | 1.05% | December re-selection |
| Jan 2, 2024 | XME | 1.18% | 1.11% | December re-selection |
| Jan 2, 2024 | WOOD | 1.18% | 1.11% | December re-selection |
| Jan 2, 2024 | URA | 1.18% | 1.11% | December re-selection |
| Jan 2, 2024 | SMH | 1.18% | 1.11% | December re-selection |
| Jan 2, 2024 | SIL | 1.18% | 1.11% | December re-selection |
| Jan 2, 2024 | REMX | 1.18% | 1.11% | December re-selection |
| Jan 2, 2024 | QTUM | 1.18% | 1.11% | December re-selection |
| Jan 2, 2024 | PHO | 1.18% | 1.11% | December re-selection |
| Jan 2, 2024 | PEJ | 1.18% | 1.11% | December re-selection |
| Jan 2, 2024 | PAVE | 1.18% | 1.11% | December re-selection |
| Jan 2, 2024 | MSOS | not held | 1.11% | December re-selection |
| Jan 2, 2024 | MOO | 1.18% | 1.11% | December re-selection |
| Jan 2, 2024 | LIT | 1.18% | 1.11% | December re-selection |
| Jan 2, 2024 | LEGR | 1.18% | 1.11% | December re-selection |
| Jan 2, 2024 | JETS | 1.18% | 1.11% | December re-selection |
| Jan 2, 2024 | ITA | 1.18% | 1.11% | December re-selection |
| Jan 2, 2024 | IHI | 1.18% | 1.11% | December re-selection |
| Jan 2, 2024 | IGV | 1.18% | 1.11% | December re-selection |
| Jan 2, 2024 | IETC | 1.18% | 1.11% | December re-selection |
| Jan 2, 2024 | ICLN | 1.18% | 1.11% | December re-selection |
| Jan 2, 2024 | IBB | 1.18% | 1.11% | December re-selection |
| Jan 2, 2024 | GRID | 1.18% | 1.11% | December re-selection |
| Jan 2, 2024 | GDX | 1.18% | 1.11% | December re-selection |
| Jan 2, 2024 | FDN | 1.18% | 1.11% | December re-selection |
| Jan 2, 2024 | ESPO | 1.18% | 1.11% | December re-selection |
| Jan 2, 2024 | DTCR | not held | 1.11% | December re-selection |
| Jan 2, 2024 | DRIV | 1.18% | 1.11% | December re-selection |
| Jan 2, 2024 | COPX | 1.18% | 1.11% | December re-selection |
| Jan 2, 2024 | CIBR | 1.18% | 1.11% | December re-selection |
| Jan 2, 2024 | BOTZ | 1.18% | 1.11% | December re-selection |
| Jan 2, 2024 | BLOK | 1.18% | 1.11% | December re-selection |
| Jan 2, 2024 | ARKK | 1.18% | 1.11% | December re-selection |
| Jan 2, 2024 | ARKG | 1.18% | 1.11% | December re-selection |
| Jan 2, 2024 | ARKF | 1.18% | 1.11% | December re-selection |
| Jan 2, 2024 | AIRR | 1.18% | 1.11% | December re-selection |
| Jan 2, 2024 | AIQ | 1.18% | 1.11% | December re-selection |
| Jan 3, 2023 | XME | 1.21% | 1.18% | December re-selection |
| Jan 3, 2023 | WOOD | 1.21% | 1.18% | December re-selection |
| Jan 3, 2023 | URA | 1.21% | 1.18% | December re-selection |
| Jan 3, 2023 | SMH | 1.21% | 1.18% | December re-selection |
| Jan 3, 2023 | SIL | 1.21% | 1.18% | December re-selection |
| Jan 3, 2023 | REMX | 1.21% | 1.18% | December re-selection |
| Jan 3, 2023 | QTUM | 1.21% | 1.18% | December re-selection |
| Jan 3, 2023 | PHO | 1.21% | 1.18% | December re-selection |
| Jan 3, 2023 | PEJ | 1.21% | 1.18% | December re-selection |
| Jan 3, 2023 | PAVE | 1.21% | 1.18% | December re-selection |
| Jan 3, 2023 | MOO | 1.21% | 1.18% | December re-selection |
| Jan 3, 2023 | LIT | 1.21% | 1.18% | December re-selection |
| Jan 3, 2023 | LEGR | 1.21% | 1.18% | December re-selection |
| Jan 3, 2023 | JETS | 1.21% | 1.18% | December re-selection |
| Jan 3, 2023 | ITA | 1.21% | 1.18% | December re-selection |
| Jan 3, 2023 | IHI | 1.21% | 1.18% | December re-selection |
| Jan 3, 2023 | IGV | 1.21% | 1.18% | December re-selection |
| Jan 3, 2023 | IETC | 1.21% | 1.18% | December re-selection |
| Jan 3, 2023 | ICLN | 1.21% | 1.18% | December re-selection |
| Jan 3, 2023 | IBB | 1.21% | 1.18% | December re-selection |
| Jan 3, 2023 | GRID | 1.21% | 1.18% | December re-selection |
| Jan 3, 2023 | GDX | 1.21% | 1.18% | December re-selection |
| Jan 3, 2023 | FDN | 1.21% | 1.18% | December re-selection |
| Jan 3, 2023 | ESPO | 1.21% | 1.18% | December re-selection |
| Jan 3, 2023 | DRIV | 1.21% | 1.18% | December re-selection |
| Jan 3, 2023 | COPX | 1.21% | 1.18% | December re-selection |
| Jan 3, 2023 | CIBR | 1.21% | 1.18% | December re-selection |
| Jan 3, 2023 | BOTZ | 1.21% | 1.18% | December re-selection |
| Jan 3, 2023 | BLOK | 1.21% | 1.18% | December re-selection |
| Jan 3, 2023 | ARKK | 1.21% | 1.18% | December re-selection |
| Jan 3, 2023 | ARKG | 1.21% | 1.18% | December re-selection |
| Jan 3, 2023 | ARKF | not held | 1.18% | December re-selection |
| Jan 3, 2023 | AIRR | 1.21% | 1.18% | December re-selection |
| Jan 3, 2023 | AIQ | 1.21% | 1.18% | December re-selection |
| Jan 3, 2022 | XME | 1.54% | 1.21% | December re-selection |
| Jan 3, 2022 | WOOD | 1.54% | 1.21% | December re-selection |
| Jan 3, 2022 | URA | 1.54% | 1.21% | December re-selection |
| Jan 3, 2022 | SMH | 1.54% | 1.21% | December re-selection |
| Jan 3, 2022 | SIL | 1.54% | 1.21% | December re-selection |
| Jan 3, 2022 | REMX | 1.54% | 1.21% | December re-selection |
| Jan 3, 2022 | QTUM | not held | 1.21% | December re-selection |
| Jan 3, 2022 | PHO | 1.54% | 1.21% | December re-selection |
| Jan 3, 2022 | PEJ | 1.54% | 1.21% | December re-selection |
| Jan 3, 2022 | PAVE | 1.54% | 1.21% | December re-selection |
| Jan 3, 2022 | MOO | 1.54% | 1.21% | December re-selection |
| Jan 3, 2022 | LIT | 1.54% | 1.21% | December re-selection |
| Jan 3, 2022 | LEGR | not held | 1.21% | December re-selection |
| Jan 3, 2022 | JETS | 1.54% | 1.21% | December re-selection |
| Jan 3, 2022 | ITA | 1.54% | 1.21% | December re-selection |
| Jan 3, 2022 | IHI | 1.54% | 1.21% | December re-selection |
| Jan 3, 2022 | IGV | 1.54% | 1.21% | December re-selection |
| Jan 3, 2022 | IETC | not held | 1.21% | December re-selection |
| Jan 3, 2022 | ICLN | 1.54% | 1.21% | December re-selection |
| Jan 3, 2022 | IBB | 1.54% | 1.21% | December re-selection |
| Jan 3, 2022 | GRID | 1.54% | 1.21% | December re-selection |
| Jan 3, 2022 | GDX | 1.54% | 1.21% | December re-selection |
| Jan 3, 2022 | FDN | 1.54% | 1.21% | December re-selection |
| Jan 3, 2022 | ESPO | not held | 1.21% | December re-selection |
| Jan 3, 2022 | DRIV | not held | 1.21% | December re-selection |
| Jan 3, 2022 | COPX | 1.54% | 1.21% | December re-selection |
| Jan 3, 2022 | CIBR | 1.54% | 1.21% | December re-selection |
| Jan 3, 2022 | BOTZ | 1.54% | 1.21% | December re-selection |
| Jan 3, 2022 | BLOK | not held | 1.21% | December re-selection |
| Jan 3, 2022 | ARKK | 1.54% | 1.21% | December re-selection |
| Jan 3, 2022 | ARKG | 1.54% | 1.21% | December re-selection |
| Jan 3, 2022 | AIRR | 1.54% | 1.21% | December re-selection |
| Jan 3, 2022 | AIQ | not held | 1.21% | December re-selection |
| Jan 4, 2021 | XME | 1.60% | 1.54% | December re-selection |
| Jan 4, 2021 | WOOD | 1.60% | 1.54% | December re-selection |
| Jan 4, 2021 | URA | 1.60% | 1.54% | December re-selection |
| Jan 4, 2021 | SMH | 1.60% | 1.54% | December re-selection |
| Jan 4, 2021 | SIL | 1.60% | 1.54% | December re-selection |
| Jan 4, 2021 | REMX | 1.60% | 1.54% | December re-selection |
| Jan 4, 2021 | PHO | 1.60% | 1.54% | December re-selection |
| Jan 4, 2021 | PEJ | 1.60% | 1.54% | December re-selection |
| Jan 4, 2021 | PAVE | not held | 1.54% | December re-selection |
| Jan 4, 2021 | MOO | 1.60% | 1.54% | December re-selection |
| Jan 4, 2021 | LIT | 1.60% | 1.54% | December re-selection |
| Jan 4, 2021 | JETS | 1.60% | 1.54% | December re-selection |
| Jan 4, 2021 | ITA | 1.60% | 1.54% | December re-selection |
| Jan 4, 2021 | IHI | 1.60% | 1.54% | December re-selection |
| Jan 4, 2021 | IGV | 1.60% | 1.54% | December re-selection |
| Jan 4, 2021 | ICLN | 1.60% | 1.54% | December re-selection |
| Jan 4, 2021 | IBB | 1.60% | 1.54% | December re-selection |
| Jan 4, 2021 | GRID | 1.60% | 1.54% | December re-selection |
| Jan 4, 2021 | GDX | 1.60% | 1.54% | December re-selection |
| Jan 4, 2021 | FDN | 1.60% | 1.54% | December re-selection |
| Jan 4, 2021 | COPX | 1.60% | 1.54% | December re-selection |
| Jan 4, 2021 | CIBR | 1.60% | 1.54% | December re-selection |
| Jan 4, 2021 | BOTZ | 1.60% | 1.54% | December re-selection |
| Jan 4, 2021 | ARKK | 1.60% | 1.54% | December re-selection |
| Jan 4, 2021 | ARKG | 1.60% | 1.54% | December re-selection |
| Jan 4, 2021 | AIRR | 1.60% | 1.54% | December re-selection |
| Jan 2, 2020 | XME | 1.67% | 1.60% | December re-selection |
| Jan 2, 2020 | WOOD | 1.67% | 1.60% | December re-selection |
| Jan 2, 2020 | URA | 1.67% | 1.60% | December re-selection |
| Jan 2, 2020 | SMH | 1.67% | 1.60% | December re-selection |
| Jan 2, 2020 | SIL | 1.67% | 1.60% | December re-selection |
| Jan 2, 2020 | REMX | 1.67% | 1.60% | December re-selection |
| Jan 2, 2020 | PHO | 1.67% | 1.60% | December re-selection |
| Jan 2, 2020 | PEJ | 1.67% | 1.60% | December re-selection |
| Jan 2, 2020 | MOO | 1.67% | 1.60% | December re-selection |
| Jan 2, 2020 | LIT | 1.67% | 1.60% | December re-selection |
| Jan 2, 2020 | JETS | 1.67% | 1.60% | December re-selection |
| Jan 2, 2020 | ITA | 1.67% | 1.60% | December re-selection |
| Jan 2, 2020 | IHI | 1.67% | 1.60% | December re-selection |
| Jan 2, 2020 | IGV | 1.67% | 1.60% | December re-selection |
| Jan 2, 2020 | ICLN | 1.67% | 1.60% | December re-selection |
| Jan 2, 2020 | IBB | 1.67% | 1.60% | December re-selection |
| Jan 2, 2020 | GRID | 1.67% | 1.60% | December re-selection |
| Jan 2, 2020 | GDX | 1.67% | 1.60% | December re-selection |
| Jan 2, 2020 | FDN | 1.67% | 1.60% | December re-selection |
| Jan 2, 2020 | COPX | 1.67% | 1.60% | December re-selection |
| Jan 2, 2020 | CIBR | 1.67% | 1.60% | December re-selection |
| Jan 2, 2020 | BOTZ | not held | 1.60% | December re-selection |
| Jan 2, 2020 | ARKK | 1.67% | 1.60% | December re-selection |
| Jan 2, 2020 | ARKG | 1.67% | 1.60% | December re-selection |
| Jan 2, 2020 | AIRR | 1.67% | 1.60% | December re-selection |
| Jan 2, 2019 | XME | 1.82% | 1.67% | December re-selection |
| Jan 2, 2019 | WOOD | 1.82% | 1.67% | December re-selection |
| Jan 2, 2019 | URA | 1.82% | 1.67% | December re-selection |
| Jan 2, 2019 | SMH | 1.82% | 1.67% | December re-selection |
| Jan 2, 2019 | SIL | 1.82% | 1.67% | December re-selection |
| Jan 2, 2019 | REMX | 1.82% | 1.67% | December re-selection |
| Jan 2, 2019 | PHO | 1.82% | 1.67% | December re-selection |
| Jan 2, 2019 | PEJ | 1.82% | 1.67% | December re-selection |
| Jan 2, 2019 | MOO | 1.82% | 1.67% | December re-selection |
| Jan 2, 2019 | LIT | 1.82% | 1.67% | December re-selection |
| Jan 2, 2019 | JETS | not held | 1.67% | December re-selection |
| Jan 2, 2019 | ITA | 1.82% | 1.67% | December re-selection |
| Jan 2, 2019 | IHI | 1.82% | 1.67% | December re-selection |
| Jan 2, 2019 | IGV | 1.82% | 1.67% | December re-selection |
| Jan 2, 2019 | ICLN | 1.82% | 1.67% | December re-selection |
| Jan 2, 2019 | IBB | 1.82% | 1.67% | December re-selection |
| Jan 2, 2019 | GRID | 1.82% | 1.67% | December re-selection |
| Jan 2, 2019 | GDX | 1.82% | 1.67% | December re-selection |
| Jan 2, 2019 | FDN | 1.82% | 1.67% | December re-selection |
| Jan 2, 2019 | COPX | 1.82% | 1.67% | December re-selection |
| Jan 2, 2019 | CIBR | not held | 1.67% | December re-selection |
| Jan 2, 2019 | ARKK | 1.82% | 1.67% | December re-selection |
| Jan 2, 2019 | ARKG | 1.82% | 1.67% | December re-selection |
| Jan 2, 2019 | AIRR | 1.82% | 1.67% | December re-selection |
| Jan 2, 2018 | XME | 2.11% | 1.82% | December re-selection |
| Jan 2, 2018 | WOOD | 2.11% | 1.82% | December re-selection |
| Jan 2, 2018 | URA | 2.11% | 1.82% | December re-selection |
| Jan 2, 2018 | SMH | 2.11% | 1.82% | December re-selection |
| Jan 2, 2018 | SIL | 2.11% | 1.82% | December re-selection |
| Jan 2, 2018 | REMX | 2.11% | 1.82% | December re-selection |
| Jan 2, 2018 | PHO | 2.11% | 1.82% | December re-selection |
| Jan 2, 2018 | PEJ | 2.11% | 1.82% | December re-selection |
| Jan 2, 2018 | MOO | 2.11% | 1.82% | December re-selection |
| Jan 2, 2018 | LIT | 2.11% | 1.82% | December re-selection |
| Jan 2, 2018 | ITA | 2.11% | 1.82% | December re-selection |
| Jan 2, 2018 | IHI | 2.11% | 1.82% | December re-selection |
| Jan 2, 2018 | IGV | 2.11% | 1.82% | December re-selection |
| Jan 2, 2018 | ICLN | 2.11% | 1.82% | December re-selection |
| Jan 2, 2018 | IBB | 2.11% | 1.82% | December re-selection |
| Jan 2, 2018 | GRID | 2.11% | 1.82% | December re-selection |
| Jan 2, 2018 | GDX | 2.11% | 1.82% | December re-selection |
| Jan 2, 2018 | FDN | 2.11% | 1.82% | December re-selection |
| Jan 2, 2018 | COPX | 2.11% | 1.82% | December re-selection |
| Jan 2, 2018 | ARKK | not held | 1.82% | December re-selection |
| Jan 2, 2018 | ARKG | not held | 1.82% | December re-selection |
| Jan 2, 2018 | AIRR | not held | 1.82% | December re-selection |
| Jan 2, 2015 | XME | 2.22% | 2.11% | December re-selection |
| Jan 2, 2015 | WOOD | 2.22% | 2.11% | December re-selection |
| Jan 2, 2015 | URA | 2.22% | 2.11% | December re-selection |
| Jan 2, 2015 | SMH | not held | 2.11% | December re-selection |
| Jan 2, 2015 | SIL | 2.22% | 2.11% | December re-selection |
| Jan 2, 2015 | REMX | 2.22% | 2.11% | December re-selection |
| Jan 2, 2015 | PHO | 2.22% | 2.11% | December re-selection |
| Jan 2, 2015 | PEJ | 2.22% | 2.11% | December re-selection |
| Jan 2, 2015 | MOO | 2.22% | 2.11% | December re-selection |
| Jan 2, 2015 | LIT | 2.22% | 2.11% | December re-selection |
| Jan 2, 2015 | ITA | 2.22% | 2.11% | December re-selection |
| Jan 2, 2015 | IHI | 2.22% | 2.11% | December re-selection |
| Jan 2, 2015 | IGV | 2.22% | 2.11% | December re-selection |
| Jan 2, 2015 | ICLN | 2.22% | 2.11% | December re-selection |
| Jan 2, 2015 | IBB | 2.22% | 2.11% | December re-selection |
| Jan 2, 2015 | GRID | 2.22% | 2.11% | December re-selection |
| Jan 2, 2015 | GDX | 2.22% | 2.11% | December re-selection |
| Jan 2, 2015 | FDN | 2.22% | 2.11% | December re-selection |
| Jan 2, 2015 | COPX | 2.22% | 2.11% | December re-selection |
| Jan 2, 2014 | XME | 3.08% | 2.22% | December re-selection |
| Jan 2, 2014 | WOOD | 3.08% | 2.22% | December re-selection |
| Jan 2, 2014 | URA | not held | 2.22% | December re-selection |
| Jan 2, 2014 | SIL | not held | 2.22% | December re-selection |
| Jan 2, 2014 | REMX | not held | 2.22% | December re-selection |
| Jan 2, 2014 | PHO | 3.08% | 2.22% | December re-selection |
| Jan 2, 2014 | PEJ | 3.08% | 2.22% | December re-selection |
| Jan 2, 2014 | MOO | 3.08% | 2.22% | December re-selection |
| Jan 2, 2014 | LIT | not held | 2.22% | December re-selection |
| Jan 2, 2014 | ITA | 3.08% | 2.22% | December re-selection |
| Jan 2, 2014 | IHI | 3.08% | 2.22% | December re-selection |
| Jan 2, 2014 | IGV | 3.08% | 2.22% | December re-selection |
| Jan 2, 2014 | ICLN | 3.08% | 2.22% | December re-selection |
| Jan 2, 2014 | IBB | 3.08% | 2.22% | December re-selection |
| Jan 2, 2014 | GRID | 3.08% | 2.22% | December re-selection |
| Jan 2, 2014 | GDX | 3.08% | 2.22% | December re-selection |
| Jan 2, 2014 | FDN | 3.08% | 2.22% | December re-selection |
| Jan 2, 2014 | COPX | not held | 2.22% | December re-selection |
| Jan 2, 2013 | XME | 3.33% | 3.08% | December re-selection |
| Jan 2, 2013 | WOOD | 3.33% | 3.08% | December re-selection |
| Jan 2, 2013 | PHO | 3.33% | 3.08% | December re-selection |
| Jan 2, 2013 | PEJ | 3.33% | 3.08% | December re-selection |
| Jan 2, 2013 | MOO | 3.33% | 3.08% | December re-selection |
| Jan 2, 2013 | ITA | 3.33% | 3.08% | December re-selection |
| Jan 2, 2013 | IHI | 3.33% | 3.08% | December re-selection |
| Jan 2, 2013 | IGV | 3.33% | 3.08% | December re-selection |
| Jan 2, 2013 | ICLN | 3.33% | 3.08% | December re-selection |
| Jan 2, 2013 | IBB | 3.33% | 3.08% | December re-selection |
| Jan 2, 2013 | GRID | not held | 3.08% | December re-selection |
| Jan 2, 2013 | GDX | 3.33% | 3.08% | December re-selection |
| Jan 2, 2013 | FDN | 3.33% | 3.08% | December re-selection |
| Jan 3, 2012 | XME | 4.00% | 3.33% | December re-selection |
| Jan 3, 2012 | WOOD | not held | 3.33% | December re-selection |
| Jan 3, 2012 | PHO | 4.00% | 3.33% | December re-selection |
| Jan 3, 2012 | PEJ | 4.00% | 3.33% | December re-selection |
| Jan 3, 2012 | MOO | 4.00% | 3.33% | December re-selection |
| Jan 3, 2012 | ITA | 4.00% | 3.33% | December re-selection |
| Jan 3, 2012 | IHI | 4.00% | 3.33% | December re-selection |
| Jan 3, 2012 | IGV | 4.00% | 3.33% | December re-selection |
| Jan 3, 2012 | ICLN | not held | 3.33% | December re-selection |
| Jan 3, 2012 | IBB | 4.00% | 3.33% | December re-selection |
| Jan 3, 2012 | GDX | 4.00% | 3.33% | December re-selection |
| Jan 3, 2012 | FDN | 4.00% | 3.33% | December re-selection |
| Jan 3, 2011 | XME | not held | 4.00% | Initial allocation |
| Jan 3, 2011 | PHO | not held | 4.00% | Initial allocation |
| Jan 3, 2011 | PEJ | not held | 4.00% | Initial allocation |
| Jan 3, 2011 | MOO | not held | 4.00% | Initial allocation |
| Jan 3, 2011 | ITA | not held | 4.00% | Initial allocation |
| Jan 3, 2011 | IHI | not held | 4.00% | Initial allocation |
| Jan 3, 2011 | IGV | not held | 4.00% | Initial allocation |
| Jan 3, 2011 | IBB | not held | 4.00% | Initial allocation |
| Jan 3, 2011 | GDX | not held | 4.00% | Initial allocation |
| Jan 3, 2011 | FDN | not held | 4.00% | Initial allocation |
| Jan 3, 2011 | BND | not held | 30.00% | Initial allocation |
| Jan 3, 2011 | AGG | not held | 30.00% | Initial allocation |
*A change before Oct 5, 2026 is hypothetical: the rule applied to earlier prices. 65 drift rebalances between Jan 3, 2011 and Oct 7, 2026 reset the weights to these targets; they are counted, not listed.
Method, definitions and disclosures
Methodology v1.3 · read it- Total return
- Value at the end over value at the start, minus 1: distributions reinvested, each fund’s fees inside its price.
- Annualised
- (1 + total return) to the power 12 over the number of whole months, minus 1; from 12 months.
- Volatility
- Sample standard deviation of monthly returns, times the square root of 12; from 36 monthly returns.
- Maximum drawdown
- The largest fall from a peak to a later low, on daily values, with the dates of both.
- Sharpe on T-bills
- 12 times the mean monthly return over the Treasury 13-week bill rate, over the square root of 12 times its standard deviation; from 36 months.
- Turnover
- The trading of the rebalances inside the window, a year, the start excluded.
The rule: 40% Themes (39 funds in equal parts) and 60% US bonds (BND and AGG in equal parts), reset on the last trading day of each quarter; its set is chosen again on the last trading day of each December and trades at the close of the next, 16 sets since Jan 3, 2011. The thematic family’s rule, as the method states it: “x% stock sleeve, (100 - x)% the US bonds sleeve.” Methodology version 1.3; launched on Oct 3, 2026, when ETFIQ froze the family’s rule. Every weight follows from the rule and public facts.
Launched on Oct 3, 2026, when ETFIQ froze its rule. Figures before Oct 5, 2026 are hypothetical: today’s rule and funds applied to earlier prices, which is look-ahead. From Oct 5, 2026 the record is tracked, and a window that starts before it is hypothetical as a whole.
Total returns are market price with distributions reinvested, net of each fund’s own fees, with nothing else deducted. The price source does not carry funds that closed before 2016, so nothing here is free of survivorship bias. Data sourced by Tiingo.
Questions people ask about Thematic, 40% stocks
- What is ETFIQ Thematic, 40% stocks?
- A rules-based benchmark: 40% Themes (39 funds in equal parts) and 60% US bonds (BND and AGG in equal parts), reset on the last trading day of each quarter; its set is chosen again on the last trading day of each December and trades at the close of the next, 16 sets since Jan 3, 2011. ETFIQ publishes it to measure thematic, megatrend and innovation models with about 40% in stocks. It is not a fund and cannot be bought.
- Is ETFIQ Thematic, 40% stocks a recommendation?
- No. It is a yardstick, the same for everyone, and every weight follows from a written rule and public facts. ETFIQ publishes no trades for it and takes no payment from the issuer of any fund it holds.
- Why are some of its returns hypothetical?
- ETFIQ froze the rule on Oct 3, 2026. Returns before Oct 5, 2026 apply today’s rule and funds to earlier prices, which is look-ahead; returns from that date are tracked. The price source does not carry funds that closed before 2016, so nothing here is free of survivorship bias.
Prices and distributions, every fund heldData sourced by Tiingo · computed by ETFIQ from Tiingo daily prices · Oct 7, 2026 ↗Holdings, each fundETFIQ open data: each fund’s book and its N-PORT factsThe T-bill rate, for the Sharpe ratioU.S. Treasury daily bill rates ↗Fees and prospectuses, each fundEach fund’s page, with its prospectus and feeFactor returns, for the loadingsKenneth R. French data library ↗The rule, v1.3How the ETFIQ benchmarks are built
ETFIQ takes no payment from any fund company. A link is not an endorsement. Figures are calculated by ETFIQ from the sources above and are free to use with attribution.
ETFIQ, ETFIQ Thematic, 40% stocks benchmark, data as of Oct 7, 2026. https://etfiq.com/benchmarks/thematic-40/
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data. Figures before Oct 5, 2026 are hypothetical.