Data as of Nov 4, 2026.

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Thematic ETFs

AIHY vs AIUP: Holdings Overlap & Returns

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AIHY and AIUP are compared on the fields both publish.

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Net assets: $16m on Nov 3, 2026 for Defiance AI Hyperscale Leaders ETF, and $4.0m on Jun 30, 2026 for FINQ FIRST U.S. Large Cap AI-Managed Equity ETF.

At a glance
AIHY · 3 months to Nov 4, 2026 Holdings are gross exposure, not a portfolio
Holdings are gross exposure, not a portfolioAIHY's holdings are gross exposure rather than a portfolio, so no S&P 500 share is published. Holdings as of Nov 4, 2026.holdings not yet filedHoldings are gross exposure, not a portfolioAIHY's holdings are gross exposure rather than a portfolio, so no S&P 500 share is published. Holdings as of Nov 4, 2026.holdings not yet filed

AIHY's holdings are gross exposure rather than a portfolio, so no S&P 500 share is published. Holdings as of Nov 4, 2026.

AIUP · 6 months to Nov 4, 2026 0% of its weight is outside the S&P 500
0% of its weight is outside the S&P 500100% of AIUP's weight is in S&P 500 companies and 0% is outside the index. Holdings as of Jun 30, 2026.100%0%of its weight in S&P 500 companies0% of its weight outside the S&P 500active share 76% · top ten 78% of the fund · 15 holdings as filed for Jun 30, 2026 · Nasdaq-100: 77% in0% of its weight is outside the S&P 500100% of AIUP's weight is in S&P 500 companies and 0% is outside the index. Holdings as of Jun 30, 2026.100%0%of its weight in S&P 500 companies0% of its weight outside the S&P 500active share 76% · Nasdaq-100: 77% in

100% of AIUP's weight is in S&P 500 companies and 0% is outside the index. Holdings as of Jun 30, 2026.

Pair scorecard

AIUP costs 0.06 points a year less.

Points (pts) are percentage points.

AIHY vs AIUP: Holdings Overlap & Returns
MeasureAIHYAIUP
Drawdown
Below its all-time high8.2%, high on Oct 13, 202627.4%, high on Sep 22, 2026
Benchmark
What it tracksAI infrastructure and chipsArtificial intelligence
Cost and size
Expense ratio0.76%0.70%
Net assets, AIHY as of Nov 3, 2026 and AIUP as of Jun 30, 2026$16m$4.0m
Holdings
Holdings in commonnot published

Method

Risk and return

Jul 31, 2026 to Oct 30, 2026 · 13 weekly returns
AIHY AIUP
Return
Total return edge AIHY −1.5% −7.6%
Price return edge AIHY −1.5% −7.6%
Risk
Max drawdown edge AIHY −11.8% −20.3%
Reading

From Jul 2026 to Oct 2026, AIHY returned more: −1.5% to −7.6%. AIHY fell less at its worst: −11.8% to −20.3%.

Full scorecard

3 measures, with how each is measured
Open ↓
Risk and return: AIHY vs AIUP: Holdings Overlap & Returns
MeasureAIHYAIUPEdgeHow it is measured
Return
Total return−1.5%−7.6%AIHYPrice change plus distributions, reinvested.
Price return−1.5%−7.6%AIHYPrice change alone, distributions left out.
Risk
Max drawdown−11.8%−20.3%AIHYDeepest fall from a high to the low after it.

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

Window by window

Window by window: AIHY vs AIUP: Holdings Overlap & Returns
Total returnvs its benchmark
WindowAIHYAIUPAIHYAIUP
3 months+0.4%−19.8%not measured−19.7 pts vs VOO
6 months–−11.9%–−16.9 pts vs VOO
Since launchNot the same days: AIHY Jul 2026 · AIUP Feb 2026+5.4%−3.2%not measured−15.1 pts vs VOO

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

Side by side

AIHY Defiance AI Hyperscale Leaders ETF · Holds 12 stocks in aI infrastructure and chips 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 not published 100.0%
Active share vs the S&P 500 not published 76.1%
In the Nasdaq-100 not published 77.3%
Holdings 12 15
Top ten, share of the fund not published 77.7%
Expense ratio 0.76% 0.70%
Fee for the differing part not published 0.92%
Total return, 1 year +5.4% (since launch, Jul 21, 2026) −3.2% (since launch, Feb 6, 2026)
vs its benchmark not measured −15.1 pts vs VOO (since launch, Feb 6, 2026)
Below its high −8.2% −27.4%
Net assets, AIHY as of Nov 3, 2026 and AIUP as of Jun 30, 2026 $16m $4.0m

As of Nov 4, 2026. Source: ETFIQ.

Client brief

No client brief for this pair: ETFIQ prints no one-year total return for AIHY or AIUP.

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About each fund
AIHY

AIHY holds 12 positions, as published by its issuer for Nov 4, 2026, and the book is gross exposure rather than a portfolio. Since it first traded on Jul 21, 2026 the fund returned +5.4% with distributions reinvested. It sits 8.2% below its all-time high of Oct 13, 2026.

AIUP

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 first traded on Feb 6, 2026 the fund returned −3.2% with distributions reinvested. It sits 27.4% below its all-time high of Sep 22, 2026.

Questions people ask

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
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ETFIQ, AIHY against AIUP, data as of Nov 4, 2026. https://etfiq.com/compare/themes/aihy-vs-aiup

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