Do AINF and TCAI hold the same stocks?

By their latest filings, 2% 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 TCAI?

AINF has 35% of its weight in S&P 500 names and TCAI has 63%, so TCAI differs more from the index.

Which is cheaper, AINF or TCAI?

AINF and TCAI both charge 0.65% a year, so neither is cheaper. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Thematic ETFs

AINF vs TCAI: Holdings Overlap & Returns

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AINF and TCAI hold 2% of their weight in the same names.

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Net assets: $443,594 on Oct 27, 2026 for Defiance Inference AI Chip ETF, and $217m on May 31, 2026 for Tortoise AI Infrastructure ETF.

AINF on its own →TCAI on its own →

At a glance

35.3%

AINF in the S&P 500

62.9%

TCAI in the S&P 500

−3.9%

AINF total return, since launch, Aug 18, 2026

+29.3%

TCAI total return, 1 year

AINF · since launch to Oct 28, 2026 65% of its weight is outside the S&P 500

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

TCAI · 1 year to Oct 28, 2026 37% of its weight is outside the S&P 500

63% of TCAI's weight is in S&P 500 companies and 37% is outside the index. Holdings as of May 31, 2026.

Pair scorecard

Both cost 0.65% a year.

AINF vs TCAI: Holdings Overlap & Returns
Measure	AINF	TCAI
Return
Measure	AINF	TCAI
Total return, 1 year	not published	+29.3%
Drawdown
Measure	AINF	TCAI
Below its all-time high	13.7%, high on Oct 6, 2026	27.9%, high on Jun 22, 2026
Benchmark
Measure	AINF	TCAI
What it tracks	AI infrastructure and chips	AI infrastructure and chips
Cost and size
Measure	AINF	TCAI
Expense ratio	0.65%	0.65%
Net assets, AINF as of Oct 27, 2026 and TCAI as of May 31, 2026	$443,594	$217m
Holdings
Measure	AINF	TCAI
Holdings in common	2%

Holdings in common uses holdings dated May 31, 2026 and Oct 28, 2026. Method

What they share

By the books each fund has filed, AINF and TCAI hold 2% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Oct 28, 2026.

50%

0 half 100%

half

2% in common

Positions both hold · largest shared weight first AINF TCAI

Nebius Group Nv 3.71% 1.54%

Nvidia Corp 10.13% 0.59%

Only in one fund ↓

Only in AINF

Taiwan Semiconductor Manufacturing Co Ltd 11.15%

Broadcom Inc 10.69%

Advanced Micro Devices Inc 9.87%

Global Unichip Corp 5.18%

Advantest Corp 4.78%

Intel Corp 4.57%

Winbond Electronics Corp 4.43%

Mediatek Inc 4.31%

Only in TCAI

Dell Technologies Inc 8.91%

Micron Technology Inc 7.61%

Seagate Technology Holdings PL 5.75%

Western Digital Corp 5.12%

Ciena Corp 5.08%

Vertiv Holdings Co 4.46%

Quanta Services Inc 3.57%

Sandisk Corp 3.46%

Check overlap with more funds →

Window by window

Window by window: AINF vs TCAI: Holdings Overlap & Returns
	Total return
Window	AINF	TCAI
3 months	–	+1.3%
6 months	–	−2.5%
1 year	–	+29.3%
Since launchNot the same days: AINF Aug 2026 · TCAI Aug 2025	−3.9%	+66.6%

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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 TCAI Tortoise AI Infrastructure ETF · Holds 43 stocks in aI infrastructure and chips, 63% of its weight in S&P 500 companies

Issuer Defiance Tortoise

Theme AI infrastructure and chips AI infrastructure and chips

In the S&P 500 35.3% 62.9%

Active share vs the S&P 500 87.2% 92.7%

In the Nasdaq-100 39.5% 26.1%

Holdings 26 43

Top ten, share of the fund 69.4% 50.4%

Expense ratio 0.65% 0.65%

Fee for the differing part 0.75% 0.70%

Total return, 1 year −3.9% (since launch, Aug 18, 2026) +29.3%

vs its benchmark not measured not measured

Below its high −13.7% −27.9%

Net assets, AINF as of Oct 27, 2026 and TCAI as of May 31, 2026 $443,594 $217m

As of Oct 28, 2026. Source: ETFIQ.

2% of the two portfolios are the same securities at the same weight.

Alert

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.

TCAI

By weight, 63% of TCAI's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 93%. The top ten holdings are 50% of the fund across 43 positions, as filed for May 31, 2026. Over the year to Oct 28, 2026 the fund returned +29.3% with distributions reinvested. It sits 27.9% below its all-time high of Jun 22, 2026.

Questions people ask

Do AINF and TCAI hold the same stocks?: By their latest filings, 2% 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 TCAI?: AINF has 35% of its weight in S&P 500 names and TCAI has 63%, so TCAI differs more from the index.
Which is cheaper, AINF or TCAI?: AINF and TCAI both charge 0.65% a year, so neither is cheaper. Fees come from each fund's prospectus.

Other comparisons

AINF vs IVEP AINF vs COOL AINF vs CHPX AINF vs AIPO TCAI vs AIHY TCAI vs AIPO TCAI vs CGPT TCAI vs COOL

Where to next

All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →AINF on its own →TCAI on its own →AINF dividend history →AINF holdings →TCAI dividend history →TCAI holdings →Method →Standards and sources →

Sources and dates

AINF filings on SEC EDGAR ↗

AINF prospectus with the expense ratio (SEC) ↗

Defiance page for AINF ↗

TCAI filings on SEC EDGAR ↗

TCAI prospectus with the expense ratio (SEC) ↗

Tortoise 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.

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

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