IQ

Data as of Nov 12, 2026.

Share
Share on XDownload as PDF
vsOpen in the appCompare their flowsaskIQ about these two fundsAsk the committee about these two funds

AIFD vs LUMA: Holdings Overlap & Returns

Return, fees and overlap, side by side.

Return gap
+11.5 pts
3 months to Nov 12, 2026: AIFD ahead, total return
Fee gap
0.25 pts
A year: AIFD 0.75%, LUMA 1.00%, per filings dated Feb 27, 2026 and Jul 8, 2026
Overlap
8%
Share of the two books held in common, holdings dated Jul 31, 2026 and Nov 11, 2026
Net flow
–
Needs daily flows for both funds

Pair scorecard

AIFD costs 0.25 points a year less.

Points (pts) are percentage points.

AIFD vs LUMA: Holdings Overlap & Returns
MeasureAIFDLUMA
Return
Total return, 1 year+19.7%not published
Drawdown
Below its all-time high22.2%, high on Jun 2, 202633.8%, high on Oct 6, 2026
Benchmark
What it tracksArtificial intelligenceAI infrastructure and chips
Cost and size
Expense ratio0.75%1.00%
Net assets, AIFD as of Jul 31, 2026 and LUMA as of Nov 11, 2026$125m$10m
Holdings
Holdings in common8%

Method

Key numbers
74.1%
AIFD in the S&P 500
19.4%
LUMA in the S&P 500
+19.7%
AIFD total return, 1 year
−23.5%
LUMA total return, since launch, Jul 15, 2026
AIFD · 1 year to Nov 12, 2026 26% of its weight is outside the S&P 500
26% of its weight is outside the S&P 50074% of AIFD's weight is in S&P 500 companies and 26% is outside the index. Holdings as of Jul 31, 2026.74%26%of its weight in S&P 500 companiesoutside the S&P 500active share 74% · top ten 53% of the fund · 34 holdings as filed for Jul 31, 2026 · Nasdaq-100: 59% in26% of its weight is outside the S&P 50074% of AIFD's weight is in S&P 500 companies and 26% is outside the index. Holdings as of Jul 31, 2026.74%26%in the S&P 500outsideactive share 74% · Nasdaq-100: 59% in

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

LUMA · 3 months to Nov 12, 2026 81% of its weight is outside the S&P 500
81% of its weight is outside the S&P 50019% of LUMA's weight is in S&P 500 companies and 81% is outside the index. Holdings as of Nov 11, 2026.19%81%in the S&P 500of its weight outside the S&P 500active share 99% · top ten 55% of the fund · 27 holdings as published by its issuer for Nov 11, 2026 · Nasdaq-100: 9% in81% of its weight is outside the S&P 50019% of LUMA's weight is in S&P 500 companies and 81% is outside the index. Holdings as of Nov 11, 2026.19%81%inoutside the S&P 500active share 99% · Nasdaq-100: 9% in

19% of LUMA's weight is in S&P 500 companies and 81% is outside the index. Holdings as of Nov 11, 2026.

What they share

8%

By the books each fund has filed, AIFD and LUMA hold 8% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Nov 11, 2026.

0 half 100%

half

8% in common

Positions both hold · largest shared weight first AIFD LUMA
LUMENTUM HOLDINGS INC 4.35% 4.74%
MARVELL TECHNOLOGY INC 4.45% 3.84%
Only in one fund ↓
Only in AIFD
NVIDIA CORP 6.83%
PALO ALTO NETWORKS INC 6.25%
ARISTA NETWORKS INC 5.90%
BROADCOM INC 5.89%
MICRON TECHNOLOGY INC 5.82%
ALPHABET INC-CL A 5.38%
AMAZON.COM INC 4.20%
DIGITALOCEAN HOLDINGS INC 3.75%
Only in LUMA
AYAR LABS INC 9.61%
COHERENT CORP 5.72%
MACOM TECHNOLOGY SOLUTIONS H 5.72%
AIXTRON SE 5.65%
LAND MARK OPTOELECTRONICS 5.31%
EOPTOLINK TECHNOLOGY INC L-A 4.71%
TOWER SEMICONDUCTOR LTD 4.61%
ZHONGJI INNOLIGHT CO LTD-A 4.45%
Check overlap with more funds →

Window by window

Window by window: AIFD vs LUMA: Holdings Overlap & Returns
Total returnvs its benchmark
WindowAIFDLUMAAIFDLUMA
3 months−17.5%−29.0%not measured−20.7 pts vs EEM
6 months−14.0%–not measured–
1 year+19.7%–not measured–
Since launchNot the same days: AIFD May 2024 · LUMA Jul 2026+74.5%−23.5%not measured−16.7 pts vs EEM

– means no data for this window. Open this comparison in the app →

Side by side

AIFD TCW Artificial Intelligence ETF · Holds 34 stocks in artificial intelligence, 74% of its weight in S&P 500 companies LUMA KraneShares Photonic and Optical ETF · Holds 27 stocks in aI infrastructure and chips, 19% of its weight in S&P 500 companies
Issuer TCW KraneShares
Theme Artificial intelligence AI infrastructure and chips
In the S&P 500 74.1% 19.4%
Active share vs the S&P 500 74.4% 99.0%
In the Nasdaq-100 59.1% 8.6%
Holdings 34 27
Top ten, share of the fund 52.8% 54.7%
Expense ratio 0.75% 1.00%
Fee for the differing part 1.01% 1.01%
Total return, 1 year +19.7% −23.5% (since launch, Jul 15, 2026)
vs its benchmark not measured −16.7 pts vs EEM (since launch, Jul 15, 2026)
Below its high −22.2% −33.8%
Net assets, AIFD as of Jul 31, 2026 and LUMA as of Nov 11, 2026 $125m $10m

As of Nov 12, 2026. Source: ETFIQ.

8% of the two portfolios are the same securities at the same weight.

Alert

LUMA flows, by email on Sundays.

One-click unsubscribe. See Privacy.

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 12, 2026 the fund returned +19.7% with distributions reinvested. It sits 22.2% below its all-time high of Jun 2, 2026.

LUMA

By weight, 19% of LUMA's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 55% of the fund across 27 positions, as published by its issuer for Nov 11, 2026. Since it first traded on Jul 15, 2026 the fund returned −23.5% with distributions reinvested. It sits 33.8% below its all-time high of Oct 6, 2026.

Questions people ask

Do AIFD and LUMA hold the same stocks?
By their latest filings, 8% 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 LUMA?
AIFD has 74% of its weight in S&P 500 names and LUMA has 19%, so LUMA differs more from the index.
Which is cheaper, AIFD or LUMA?
AIFD charges 0.75% a year and LUMA charges 1.00%, so AIFD is cheaper. Fees come from each fund's prospectus.
Other comparisons
AIFD vs IVEPAIFD vs COOLAIFD vs CGPTAIFD vs AINFLUMA vs ARTYLUMA vs KAITLUMA vs LQAILUMA vs AIQ
Where to next
All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →AIFD on its own →LUMA on its own →AIFD holdings →LUMA holdings →Method →Standards and sources →
Sources and dates
AIFD filings on SEC EDGAR ↗
AIFD prospectus with the expense ratio (SEC) ↗
TCW website ↗
LUMA filings on SEC EDGAR ↗
LUMA prospectus with the expense ratio (SEC) ↗
KraneShares page for LUMA ↗

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

How this is computed

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 LUMA, data as of Nov 12, 2026. https://etfiq.com/compare/themes/aifd-vs-luma

Open data →

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

AIFD and LUMA hold 8% of their weight in the same names.

AIFD on its own →LUMA on its own →
Growth of 100

AIFD and LUMA

Total return, distributions reinvested, 3 months.

AIFD −17.5%LUMA −29.0%
Aug 13, 2026Nov 12, 2026

AIFD −17.5%, LUMA −29.0%: AIFD +11.5 pts ahead, 3 months, Aug 13, 2026 to Nov 12, 2026.