Do AIEQ and TCAI hold the same stocks?

By their latest filings, 2% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.

Which is more different from the S&P 500, AIEQ or TCAI?

AIEQ has 97% of its weight in S&P 500 names and TCAI has 60%, so TCAI differs more from the index.

Which is cheaper, AIEQ or TCAI?

AIEQ charges 0.75% a year and TCAI charges 0.65%, so TCAI is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Thematic ETFs

AIEQ vs TCAI: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, AIEQ returned +9.6% to TCAI's +7.5%; 2% of their weight is in the same names.

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Net assets: $112m on Nov 3, 2026 for Amplify AI Powered Equity ETF, and $230m on Aug 31, 2026 for Tortoise AI Infrastructure ETF.

AIEQ on its own →TCAI on its own →

At a glance

96.9%

AIEQ in the S&P 500

60.4%

TCAI in the S&P 500

+9.6%

AIEQ total return, 1 year

+7.5%

TCAI total return, 1 year

AIEQ · 1 year to Nov 4, 2026 3% of its weight is outside the S&P 500

97% of AIEQ's weight is in S&P 500 companies and 3% is outside the index. Holdings as of Nov 4, 2026.

TCAI · 1 year to Nov 4, 2026 40% of its weight is outside the S&P 500

60% of TCAI's weight is in S&P 500 companies and 40% is outside the index. Holdings as of Aug 31, 2026.

Pair scorecard

TCAI costs 0.10 points a year less; their one-year returns differ by 2.1 points.

AIEQ vs TCAI: Holdings Overlap & Returns
Measure	AIEQ	TCAI
Return
Measure	AIEQ	TCAI
Total return, 1 year	+9.6%	+7.5%
Drawdown
Measure	AIEQ	TCAI
Below its all-time high		39.3%, high on Jun 22, 2026
Benchmark
Measure	AIEQ	TCAI
What it tracks	Artificial intelligence	AI infrastructure and chips
Cost and size
Measure	AIEQ	TCAI
Expense ratio	0.75%	0.65%
Net assets, AIEQ as of Nov 3, 2026 and TCAI as of Aug 31, 2026	$112m	$230m
Holdings
Measure	AIEQ	TCAI
Holdings in common	2%

ETFIQ S&P 500 Difference Score · TCAI scores higher How much of its weight does it not share with the S&P 500?

IQ Themes Score18.9AIEQ65.4TCAI

How different its holdings are from the S&P 500, ranked against 114 thematic ETFs with at least half their money in S&P 500 companies. 100 is best. How it is computed

AIEQ 18.9

TCAI 65.4

0.4, the lowest in this set 99.6, the highest

Weight not shared with the S&P 500 only; it says nothing about returns, fees or whether the theme pays off. All thematic ETFs ranked by it →

Method

Risk and return

Aug 15, 2025 to Oct 30, 2026 · 63 weekly returns

AIEQ TCAI

Return

Total return edge TCAI +10.6% +54.1%

Annualized edge TCAI +8.7% +42.9%

Price return edge TCAI +10.2% +54.0%

Risk

Volatility edge AIEQ 11.6% 36.7%

Max drawdown edge AIEQ −8.4% −33.9%

Risk-adjusted

Sharpe edge TCAI 0.45 1.06

Sortino edge TCAI 0.71 1.51

Calmar edge TCAI 1.04 1.27

Reading

From Aug 2025 to Oct 2026, TCAI returned more: +54.1% to +10.6%. AIEQ swung less: 11.6% to 36.7%. AIEQ fell less at its worst: −8.4% to −33.9%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: AIEQ vs TCAI: Holdings Overlap & Returns
Measure	AIEQ	TCAI	Edge	How it is measured
Return
Total return	+10.6%	+54.1%	TCAI	Price change plus distributions, reinvested.
Annualized	+8.7%	+42.9%	TCAI	Total return as a yearly rate.
Price return	+10.2%	+54.0%	TCAI	Price change alone, distributions left out.
Risk
Volatility	11.6%	36.7%	AIEQ	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	7.3%	25.7%	AIEQ	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−8.4%	−33.9%	AIEQ	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.45	1.06	TCAI	Return above Treasury bills per unit of volatility.
Sortino	0.71	1.51	TCAI	Return above Treasury bills per unit of downside deviation.
Calmar	1.04	1.27	TCAI	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 63 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, AIEQ and TCAI hold 2% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Nov 4, 2026.

50%

0 half 100%

half

2% in common

Positions both hold · largest shared weight first AIEQ TCAI

NVIDIA Corp 3.63% 0.74%

Arista Networks Inc 0.72% 2.49%

Micron Technology Inc 0.15% 5.29%

Lumentum Holdings Inc 0.12% 1.88%

Entergy Corp 0.05% 2.04%

Evergy Inc 0.05% 0.99%

GE Vernova Inc 0.05% 3.05%

Sandisk Corp 0.04% 4.25%

Seagate Technology Holdings PLC 0.04% 3.83%

Williams Cos Inc 0.04% 1.83%

Only in one fund ↓

Only in AIEQ

American Express Co 8.86%

Caterpillar Inc 4.61%

Microsoft Corp 3.98%

Cintas Corp 3.88%

Host Hotels & Resorts Inc 3.86%

Fifth Third Bancorp 3.80%

Incyte Corp 3.79%

American International Group Inc 3.72%

Only in TCAI

Dell Technologies Inc 6.37%

Vertiv Holdings Co 5.59%

Ciena Corp 4.01%

Quanta Services Inc 3.64%

nVent Electric PLC 3.42%

Western Digital Corp 3.18%

Constellation Energy Corp 3.07%

Cipher Digital Inc 3.00%

Check overlap with more funds →

Window by window

Window by window: AIEQ vs TCAI: Holdings Overlap & Returns
	Total return
Window	AIEQ	TCAI
3 months	−3.2%	−25.9%
6 months	+0.9%	−28.8%
1 year	+9.6%	+7.5%
Since launchNot the same days: AIEQ Jan 2024 · TCAI Aug 2025	+41.6%	+40.4%

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Side by side

AIEQ Amplify AI Powered Equity ETF · Holds 162 stocks in artificial intelligence, 97% of its weight in S&P 500 companies TCAI Tortoise AI Infrastructure ETF · Holds 46 stocks in aI infrastructure and chips, 60% of its weight in S&P 500 companies

Issuer Amplify Tortoise

Theme Artificial intelligence AI infrastructure and chips

In the S&P 500 96.9% 60.4%

Active share vs the S&P 500 72.1% 93.3%

In the Nasdaq-100 37.6% 25.7%

Holdings 162 46

Top ten, share of the fund 43.7% 42.6%

Expense ratio 0.75% 0.65%

Fee for the differing part 1.04% 0.70%

Total return, 1 year +9.6% +7.5%

vs its benchmark not measured not measured

Below its high −4.8% −39.3%

Net assets, AIEQ as of Nov 3, 2026 and TCAI as of Aug 31, 2026 $112m $230m

As of Nov 4, 2026. Source: ETFIQ.

2% of the two portfolios are the same securities at the same weight.

Client brief:

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About each fund

AIEQ

By weight, 97% of AIEQ's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 72%. The top ten holdings are 44% of the fund across 162 positions, as published by its issuer for Nov 4, 2026. Over the year to Nov 4, 2026 the fund returned +9.6% with distributions reinvested.

TCAI

By weight, 60% of TCAI's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 93%. The top ten holdings are 43% of the fund across 46 positions, as filed for Aug 31, 2026. Over the year to Nov 4, 2026 the fund returned +7.5% with distributions reinvested. It sits 39.3% below its all-time high of Jun 22, 2026.

Questions people ask

Do AIEQ and TCAI hold the same stocks?: By their latest filings, 2% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, AIEQ or TCAI?: AIEQ has 97% of its weight in S&P 500 names and TCAI has 60%, so TCAI differs more from the index.
Which is cheaper, AIEQ or TCAI?: AIEQ charges 0.75% a year and TCAI charges 0.65%, so TCAI is cheaper. Fees come from each fund's prospectus.

Other comparisons

AIEQ vs IVEP AIEQ vs CHPX AIEQ vs AIPO AIEQ vs COOL TCAI vs AIFD TCAI vs XAIX TCAI vs FAI TCAI vs JHAI

Where to next

AIEQ on its own →TCAI on its own →AIEQ dividend history →AIEQ holdings →TCAI dividend history →TCAI holdings →Method →Standards and sources →

Sources and dates

AIEQ filings on SEC EDGAR ↗

AIEQ prospectus with the expense ratio (SEC) ↗

Amplify page for AIEQ ↗

TCAI filings on SEC EDGAR ↗

TCAI prospectus with the expense ratio (SEC) ↗

Tortoise website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

It is a place in a set, not a rating or a recommendation.

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, AIEQ against TCAI, data as of Nov 4, 2026. https://etfiq.com/compare/themes/aieq-vs-tcai

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