IQ

Data as of Oct 28, 2026.

vsOpen in the appaskIQ about these two fundsAsk the committee about these two funds
Thematic ETFs

AINF vs ALAI: Holdings Overlap & Returns

Share
Share on XDownload as PDF

AINF and ALAI hold 25% of their weight in the same names.

askIQ about this page

askIQ about AINF and ALAI

Net assets: $443,594 on Oct 27, 2026 for Defiance Inference AI Chip ETF, and $451m on Jun 30, 2026 for Alger AI Enablers & Adopters ETF.

AINF on its own →ALAI on its own →
At a glance
35.3%
AINF in the S&P 500
60.0%
ALAI in the S&P 500
−3.9%
AINF total return, since launch, Aug 18, 2026
+15.7%
ALAI total return, 1 year
AINF · since launch to Oct 28, 2026 65% of its weight is outside the S&P 500
65% of its weight is outside the S&P 50035% of AINF's weight is in S&P 500 companies and 65% is outside the index. Holdings as of Oct 28, 2026.35%65%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 87% · top ten 69% of the fund · 26 holdings as published by its issuer for Oct 28, 2026 · Nasdaq-100: 40% in65% of its weight is outside the S&P 50035% of AINF's weight is in S&P 500 companies and 65% is outside the index. Holdings as of Oct 28, 2026.35%65%inoutside the S&P 500active share 87% · Nasdaq-100: 40% in

35% of AINF's weight is in S&P 500 companies and 65% is outside the index. Holdings as of Oct 28, 2026.

ALAI · 1 year to Oct 28, 2026 40% of its weight is outside the S&P 500
40% of its weight is outside the S&P 50060% of ALAI's weight is in S&P 500 companies and 40% is outside the index. Holdings as of Jun 30, 2026.60%40%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 65% · top ten 52% of the fund · 79 holdings as filed for Jun 30, 2026 · Nasdaq-100: 54% in40% of its weight is outside the S&P 50060% of ALAI's weight is in S&P 500 companies and 40% is outside the index. Holdings as of Jun 30, 2026.60%40%in the S&P 500outsideactive share 65% · Nasdaq-100: 54% in

60% of ALAI's weight is in S&P 500 companies and 40% is outside the index. Holdings as of Jun 30, 2026.

Pair scorecard

ALAI costs 0.07 points a year less.

Points (pts) are percentage points.

AINF vs ALAI: Holdings Overlap & Returns
MeasureAINFALAI
Return
Total return, 1 yearnot published+15.7%
Drawdown
Below its all-time high13.7%, high on Oct 6, 20268.2%, high on Oct 6, 2026
Against its benchmark
What it tracksAI infrastructure and chipsArtificial intelligence
Against the S&P 500, 1 yearahead by 2.0 pts
Its benchmark, total return, 1 year+13.7%
Against its benchmark, 1 yearahead by 2.0 pts
Cost and size
Expense ratio0.65%0.58%
Net assets, AINF as of Oct 27, 2026 and ALAI as of Jun 30, 2026$443,594$451m
Holdings
Holdings in common25%

Holdings in common uses holdings dated Jun 30, 2026 and Oct 28, 2026. Method

What they share

25%

By the books each fund has filed, AINF and ALAI hold 25% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Oct 28, 2026.

0 half 100%

half

25% in common

Positions both hold · largest shared weight first AINF ALAI
Nvidia Corp 10.13% 12.25%
Taiwan Semiconductor Manufacturing Co Ltd 11.15% 5.96%
Broadcom Inc 10.69% 3.78%
Nebius Group Nv 3.71% 4.12%
Advanced Micro Devices Inc 9.87% 1.35%
Arm Holdings Plc 4.28% 0.17%
Only in one fund ↓
Only in AINF
Global Unichip Corp 5.18%
Advantest Corp 4.78%
Intel Corp 4.57%
Winbond Electronics Corp 4.43%
Mediatek Inc 4.31%
Lattice Semiconductor Corp 3.90%
Coreweave Inc 3.29%
Advantech Co Ltd 2.84%
Only in ALAI
AMAZON.COM INC 5.37%
MICROSOFT CORP 4.78%
ALPHABET INC 4.73%
WESTERN DIGITAL CORP 4.34%
META PLATFORMS INC 3.85%
SPACE EXPLORATION TECHNOLOGIES CORP 3.09%
Anthropic PBC 2.92%
APPLE INC 2.83%
Check overlap with more funds →

Window by window

Window by window: AINF vs ALAI: Holdings Overlap & Returns
Total returnvs its benchmark
WindowAINFALAIAINFALAI
3 months–+9.2%–+3.1 pts vs VOO
6 months–+12.2%–+3.1 pts vs VOO
1 year–+15.7%–+2.0 pts vs VOO
Since launchNot the same days: AINF Aug 2026 · ALAI Apr 2024−3.9%+124.2%not measured+70.6 pts vs VOO

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

Side by side

AINF Defiance Inference AI Chip ETF · Holds 26 stocks in aI infrastructure and chips, 35% of its weight in S&P 500 companies ALAI Alger AI Enablers & Adopters ETF · Holds 79 stocks in artificial intelligence, 60% of its weight in S&P 500 companies
Issuer Defiance Alger
Theme AI infrastructure and chips Artificial intelligence
In the S&P 500 35.3% 60.0%
Active share vs the S&P 500 87.2% 65.2%
In the Nasdaq-100 39.5% 54.4%
Holdings 26 79
Top ten, share of the fund 69.4% 52.3%
Expense ratio 0.65% 0.58%
Fee for the differing part 0.75% 0.89%
Total return, 1 year −3.9% (since launch, Aug 18, 2026) +15.7%
vs its benchmark not measured +2.0 pts vs VOO
Below its high −13.7% −8.2%
Net assets, AINF as of Oct 27, 2026 and ALAI as of Jun 30, 2026 $443,594 $451m

As of Oct 28, 2026. Source: ETFIQ.

25% of the two portfolios are the same securities at the same weight.

Alert

The week's ETF fund flows, by email on Sundays.

One-click unsubscribe. See Privacy.

About each fund
AINF

By weight, 35% of AINF's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 87%. The top ten holdings are 69% of the fund across 26 positions, as published by its issuer for Oct 28, 2026. Since it first traded on Aug 18, 2026 the fund returned −3.9% with distributions reinvested. It sits 13.7% below its all-time high of Oct 6, 2026.

ALAI

By weight, 60% of ALAI's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 65%. The top ten holdings are 52% of the fund across 79 positions, as filed for Jun 30, 2026. Over the year to Oct 28, 2026 the fund returned +15.7% with distributions reinvested against +13.7% for its benchmark, the S&P 500 Index, so a holder was ahead by 2.0 pts. It sits 8.2% below its all-time high of Oct 6, 2026.

Questions people ask

Do AINF and ALAI hold the same stocks?
By their latest filings, 25% 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, AINF or ALAI?
AINF has 35% of its weight in S&P 500 names and ALAI has 60%, so AINF differs more from the index.
Which is cheaper, AINF or ALAI?
AINF charges 0.65% a year and ALAI charges 0.58%, so ALAI is cheaper. Fees come from each fund's prospectus.
Other comparisons
AINF vs THNQAINF vs KOIDAINF vs WTAIAINF vs ROBTALAI vs AIHYALAI vs CGPTALAI vs COOLALAI vs IVEP
Where to next
All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →AINF on its own →ALAI on its own →AINF dividend history →AINF holdings →ALAI dividend history →ALAI holdings →Method →Standards and sources →
Sources and dates
AINF filings on SEC EDGAR ↗
AINF prospectus with the expense ratio (SEC) ↗
Defiance page for AINF ↗
ALAI filings on SEC EDGAR ↗
ALAI prospectus with the expense ratio (SEC) ↗
Alger website ↗

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, AINF against ALAI, data as of Oct 28, 2026. https://etfiq.com/compare/themes/ainf-vs-alai

Open data →

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