Data as of .
AIHY vs AIUP: which is really different?
AIHY and AIUP hold 39% of their weight in the same names.
ETFIQ Off-Index Score: AIHY scores higher
How much of it is not the index it is sold as an alternative to?
A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed
39% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, AIHY and AIUP hold 39% of their money in the same securities at the same weight.
| Holding | AIHY | AIUP |
|---|---|---|
| Meta Platforms Inc | 19.42% | 14.88% |
| Amazon.com Inc | 18.94% | 14.81% |
| Alphabet Inc | 18.93% | 4.64% |
| Microsoft Corp | 21.81% | 4.64% |
| Only in AIHY | Only in AIUP |
|---|---|
| Space Exploration Technologies Corp 13.09% | NVIDIA Corp 15.46% |
| Alibaba Group Holding Ltd 3.01% | AppLovin Corp 4.77% |
| Oracle Corp 2.67% | Palo Alto Networks Inc 4.69% |
| Tencent Holdings Ltd 2.06% | Expand Energy Corp 4.65% |
| First American Government Obligations Fund 12/01/2031 0.07% | DoorDash Inc 4.60% |
| Cash & Other -0.02% | Visa Inc 4.60% |
| Mastercard Inc 4.59% | |
| Booking Holdings Inc 4.45% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Sep 21, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| AIHY | AIUP | AIHY | AIUP | AIHY | AIUP | |
| 3 months | not published | +15.5% | not published | +13.3 pts | not published | +18.0 pts |
| 6 months | not published | +29.3% | not published | +11.3 pts | not published | +5.1 pts |
| Since launch | +8.7% | +26.9% | +6.7 pts | +15.8 pts | +7.0 pts | +8.3 pts |
| AIHY Defiance AI Hyperscale Leaders ETF Holds 10 stocks in aI infrastructure and chips, 82% of its weight in S&P 500 companies | AIUP FINQ FIRST U.S. Large Cap AI-Managed Equity ETF Holds 15 stocks in artificial intelligence, 100% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Defiance | FINQ |
| Theme | AI infrastructure and chips | Artificial intelligence |
| In the S&P 500 | 81.8% | 100.0% |
| Active share vs the S&P 500 | 86.5% | 76.1% |
| In the Nasdaq-100 | 79.1% | 77.3% |
| Holdings | 10 | 15 |
| Top ten, share of the fund | 100.0% | 77.7% |
| Expense ratio | 0.76% | 0.70% |
| Fee for the differing part | 0.88% | 0.92% |
| Total return, 1 year | +8.7% (since launch on Jul 21, 2026) | +26.9% (since launch on Feb 6, 2026) |
| vs the S&P 500 | +6.7 pts | +15.8 pts |
| vs the Nasdaq-100 | +7.0 pts | +8.3 pts |
| Below its high | −0.6% | 0.0% |
| Net assets | $10m | $4m |
AIHY in plain words
By weight, 82% of AIHY'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 100% of the fund across 10 positions, as published by its issuer for Sep 21, 2026. Since it launched on Jul 21, 2026 the fund returned +8.7% with distributions reinvested against +2.0% for the S&P 500, so a holder was ahead by 6.7 pts.
AIUP in plain words
By weight, 100% of AIUP's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 76%. The top ten holdings are 78% of the fund across 15 positions, as filed for Jun 30, 2026. Since it launched on Feb 6, 2026 the fund returned +26.9% with distributions reinvested against +11.2% for the S&P 500, so a holder was ahead by 15.8 pts.
Questions people ask
- Do AIHY and AIUP hold the same stocks?
- By their latest filings, 39% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, AIHY or AIUP?
- AIHY has 82% of its weight in S&P 500 names and AIUP has 100%, so AIHY differs more from the index.
- Which is cheaper, AIHY or AIUP?
- AIHY charges 0.76% a year and AIUP charges 0.70%, so AIUP is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, AIHY against AIUP, data as of Sep 18, 2026. https://etfiq.com/compare/themes/aihy-vs-aiup Free to use with attribution; the underlying files are at Open data.