Do AIFD and AIPO hold the same stocks?

By their latest filings, 21% 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, AIFD or AIPO?

AIFD has 74% of its weight in S&P 500 names and AIPO has 68%, so AIPO differs more from the index.

Which is cheaper, AIFD or AIPO?

AIFD charges 0.75% a year and AIPO charges 0.69%, so AIPO is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Thematic ETFs

AIFD vs AIPO: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, AIFD returned +21.7% to AIPO's −1.7%; 21% of their weight is in the same names.

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Net assets: $125m on Jul 31, 2026 for TCW Artificial Intelligence ETF, and $831m on Nov 3, 2026 for Defiance AI & Power Infrastructure ETF.

AIFD on its own →AIPO on its own →

At a glance

74.1%

AIFD in the S&P 500

67.6%

AIPO in the S&P 500

+21.7%

AIFD total return, 1 year

−1.7%

AIPO total return, 1 year

AIFD · 1 year to Nov 4, 2026 26% of its weight is outside the S&P 500

74% of AIFD's weight is in S&P 500 companies and 26% is outside the index. Holdings as of Jul 31, 2026.

AIPO · 1 year to Nov 4, 2026 32% of its weight is outside the S&P 500

68% of AIPO's weight is in S&P 500 companies and 32% is outside the index. Holdings as of Nov 4, 2026.

Pair scorecard

AIPO costs 0.06 points a year less; their one-year returns differ by 23.4 points.

Points (pts) are percentage points.

AIFD vs AIPO: Holdings Overlap & Returns
Measure	AIFD	AIPO
Return
Measure	AIFD	AIPO
Total return, 1 year	+21.7%	−1.7%
Drawdown
Measure	AIFD	AIPO
Below its all-time high	21.3%, high on Jun 2, 2026	32.0%, high on Jun 22, 2026
Against its benchmark
Measure	AIFD	AIPO
What it tracks	Artificial intelligence	AI infrastructure and chips
Against the S&P 500, 1 year		behind by 16.5 pts
Its benchmark, total return, 1 year		+14.8%
Against its benchmark, 1 year		behind by 16.5 pts
Cost and size
Measure	AIFD	AIPO
Expense ratio	0.75%	0.69%
Net assets, AIFD as of Jul 31, 2026 and AIPO as of Nov 3, 2026	$125m	$831m
Holdings
Measure	AIFD	AIPO
Holdings in common	21%

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

IQ Themes Score21.9AIFD51.3AIPO

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

AIFD 21.9

AIPO 51.3

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 1, 2025 to Oct 30, 2026 · 65 weekly returns

AIFD AIPO

Return

Total return edge AIFD +50.2% +22.4%

Annualized edge AIFD +38.5% +17.5%

Price return edge AIFD +50.2% +22.3%

Risk

Volatility edge AIFD 24.7% 28.6%

Max drawdown edge AIFD −15.1% −29.3%

Risk-adjusted

Sharpe edge AIFD 1.29 0.57

Sortino edge AIFD 1.95 0.83

Calmar edge AIFD 2.55 0.60

Reading

From Aug 2025 to Oct 2026, AIFD returned more: +50.2% to +22.4%. AIFD swung less: 24.7% to 28.6%. AIFD fell less at its worst: −15.1% to −29.3%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: AIFD vs AIPO: Holdings Overlap & Returns
Measure	AIFD	AIPO	Edge	How it is measured
Return
Total return	+50.2%	+22.4%	AIFD	Price change plus distributions, reinvested.
Annualized	+38.5%	+17.5%	AIFD	Total return as a yearly rate.
Price return	+50.2%	+22.3%	AIFD	Price change alone, distributions left out.
Risk
Volatility	24.7%	28.6%	AIFD	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	16.3%	19.9%	AIFD	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−15.1%	−29.3%	AIFD	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	1.29	0.57	AIFD	Return above Treasury bills per unit of volatility.
Sortino	1.95	0.83	AIFD	Return above Treasury bills per unit of downside deviation.
Calmar	2.55	0.60	AIFD	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 65 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

21%

By the books each fund has filed, AIFD and AIPO hold 21% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Nov 4, 2026.

50%

0 half 100%

half

21% in common

Positions both hold · largest shared weight first AIFD AIPO

NVIDIA CORP 6.83% 4.44%

BROADCOM INC 5.89% 4.42%

ALPHABET INC-CL A 5.38% 4.33%

VERTIV HOLDINGS CO-A 3.41% 6.59%

EATON CORP PLC 2.66% 8.42%

MARVELL TECHNOLOGY INC 4.45% 0.64%

BLOOM ENERGY CORP- A 0.62% 4.69%

NEBIUS GROUP NV 1.51% 0.35%

COREWEAVE INC-CL A 0.33% 0.25%

Only in one fund ↓

Only in AIFD

PALO ALTO NETWORKS INC 6.25%

ARISTA NETWORKS INC 5.90%

MICRON TECHNOLOGY INC 5.82%

LUMENTUM HOLDINGS INC 4.35%

AMAZON.COM INC 4.20%

DIGITALOCEAN HOLDINGS INC 3.75%

TAIWAN SEMICONDUCTOR-SP ADR 3.36%

ASML HOLDING NV-NY REG SHS 2.94%

Only in AIPO

Quanta Services Inc 9.16%

Ge Vernova Inc 8.67%

Constellation Energy Corp 3.55%

Cameco Corp 3.39%

Advanced Micro Devices Inc 2.70%

Hubbell Inc 2.18%

Dominion Energy Inc 2.16%

Xcel Energy Inc 2.06%

Check overlap with more funds →

Window by window

Window by window: AIFD vs AIPO: Holdings Overlap & Returns
	Total return		vs its benchmark
Window	AIFD	AIPO	AIFD	AIPO
3 months	−14.4%	−21.5%	not measured	−21.4 pts vs VOO
6 months	−9.4%	−29.0%	not measured	−34.0 pts vs VOO
1 year	+21.7%	−1.7%	not measured	−16.5 pts vs VOO
Since launchNot the same days: AIFD May 2024 · AIPO Jul 2025	+76.5%	+16.2%	not measured	−5.9 pts vs VOO

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Side by side

AIFD TCW Artificial Intelligence ETF · Holds 34 stocks in artificial intelligence, 74% of its weight in S&P 500 companies AIPO Defiance AI & Power Infrastructure ETF · Holds 86 stocks in aI infrastructure and chips, 68% of its weight in S&P 500 companies

Issuer TCW Defiance

Theme Artificial intelligence AI infrastructure and chips

In the S&P 500 74.1% 67.6%

Active share vs the S&P 500 74.4% 85.7%

In the Nasdaq-100 59.1% 23.5%

Holdings 34 86

Top ten, share of the fund 52.8% 57.7%

Expense ratio 0.75% 0.69%

Fee for the differing part 1.01% 0.81%

Total return, 1 year +21.7% −1.7%

vs its benchmark not measured −16.5 pts vs VOO

Below its high −21.3% −32.0%

Net assets, AIFD as of Jul 31, 2026 and AIPO as of Nov 3, 2026 $125m $831m

As of Nov 4, 2026. Source: ETFIQ.

21% of the two portfolios are the same securities at the same weight.

Client brief:

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About each fund

AIFD

By weight, 74% of AIFD's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 74%. The top ten holdings are 53% of the fund across 34 positions, as filed for Jul 31, 2026. Over the year to Nov 4, 2026 the fund returned +21.7% with distributions reinvested. It sits 21.3% below its all-time high of Jun 2, 2026.

AIPO

By weight, 68% of AIPO's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 86%. The top ten holdings are 58% of the fund across 86 positions, as published by its issuer for Nov 4, 2026. Over the year to Nov 4, 2026 the fund returned −1.7% with distributions reinvested against +14.8% for its benchmark, the S&P 500 Total Return Index, so a holder was behind by 16.5 pts. It sits 32.0% below its all-time high of Jun 22, 2026.

Questions people ask

Do AIFD and AIPO hold the same stocks?: By their latest filings, 21% 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, AIFD or AIPO?: AIFD has 74% of its weight in S&P 500 names and AIPO has 68%, so AIPO differs more from the index.
Which is cheaper, AIFD or AIPO?: AIFD charges 0.75% a year and AIPO charges 0.69%, so AIPO is cheaper. Fees come from each fund's prospectus.

Other comparisons

AIFD vs AINF AIFD vs TCAI AIFD vs CHPX AIFD vs IVEP AIPO vs ARTY AIPO vs AIUP AIPO vs LQAI AIPO vs AIQ

Where to next

AIFD on its own →AIPO on its own →AIFD holdings →AIPO dividend history →AIPO holdings →Method →Standards and sources →

Sources and dates

AIFD filings on SEC EDGAR ↗

AIFD prospectus with the expense ratio (SEC) ↗

TCW website ↗

AIPO filings on SEC EDGAR ↗

AIPO prospectus with the expense ratio (SEC) ↗

Defiance page for AIPO ↗

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, AIFD against AIPO, data as of Nov 4, 2026. https://etfiq.com/compare/themes/aifd-vs-aipo

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.