Data as of .
AIPO vs AIX: which is really different?
AIPO and AIX hold 16% of their weight in the same names.
ETFIQ Off-Index Score: AIPO 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
16% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, AIPO and AIX hold 16% of their money in the same securities at the same weight.
| Holding | AIPO | AIX |
|---|---|---|
| Alphabet Inc | 4.30% | 4.49% |
| Nvidia Corp | 4.04% | 5.07% |
| Broadcom Inc | 3.97% | 4.44% |
| Advanced Micro Devices Inc | 2.53% | 5.69% |
| Marvell Technology Inc | 0.81% | 3.34% |
| Arm Holdings Plc | 0.46% | 4.11% |
| Coreweave Inc | 0.34% | 0.67% |
| First American Government Obligations Fund 12/01/2031 | 0.25% | 0.04% |
| Cash & Other | -0.01% | 0.07% |
| Only in AIPO | Only in AIX |
|---|---|
| Eaton Corp Plc 8.31% | Palantir Technologies Inc 6.26% |
| Quanta Services Inc 8.25% | Microsoft Corp 5.73% |
| Ge Vernova Inc 8.03% | Meta Platforms Inc 5.38% |
| Vertiv Holdings Co 6.56% | Apple Inc 5.30% |
| Bloom Energy Corp 5.10% | Micron Technology Inc 5.27% |
| Cameco Corp 3.54% | Amazon.com Inc 4.84% |
| Constellation Energy Corp 3.02% | Space Exploration Technologies Corp 4.75% |
| Nvent Electric Plc 1.98% | Intel Corp 4.64% |
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 Sep 21, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| AIPO | AIX | AIPO | AIX | AIPO | AIX | |
| 3 months | −16.1% | not published | −18.4 pts | not published | −13.7 pts | not published |
| 6 months | +15.1% | not published | −2.9 pts | not published | −9.1 pts | not published |
| 1 year | +29.3% | not published | +12.7 pts | not published | +7.5 pts | not published |
| Since launch | +40.1% | −4.6% | +18.9 pts | −6.9 pts | +12.1 pts | −2.6 pts |
| AIPO Defiance AI & Power Infrastructure ETF Holds 89 stocks in aI infrastructure and chips, 62% of its weight in S&P 500 companies | AIX Defiance US 100 Tech AI Moat ETF Holds 32 stocks in artificial intelligence, 88% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Defiance | Defiance |
| Theme | AI infrastructure and chips | Artificial intelligence |
| In the S&P 500 | 61.8% | 88.0% |
| Active share vs the S&P 500 | 86.1% | 64.0% |
| In the Nasdaq-100 | 20.6% | 94.3% |
| Holdings | 89 | 32 |
| Top ten, share of the fund | 55.1% | 52.9% |
| Expense ratio | 0.69% | 0.65% |
| Fee for the differing part | 0.80% | 1.02% |
| Total return, 1 year | +29.3% | −4.6% (since launch on Jun 30, 2026) |
| vs the S&P 500 | +12.7 pts | −6.9 pts |
| vs the Nasdaq-100 | +7.5 pts | −2.6 pts |
| Below its high | −18.0% | −4.6% |
| Net assets | $915m | $482,327 |
AIPO in plain words
By weight, 62% of AIPO'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 55% of the fund across 89 positions, as published by its issuer for Sep 21, 2026. Over the year to Sep 18, 2026 the fund returned +29.3% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 12.7 pts. It sits 18.0% below its all-time high of Jun 22, 2026.
AIX in plain words
By weight, 88% of AIX's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 64%. The top ten holdings are 53% of the fund across 32 positions, as published by its issuer for Sep 21, 2026. Since it launched on Jun 30, 2026 the fund returned −4.6% with distributions reinvested against +2.3% for the S&P 500, so a holder was behind by 6.9 pts.
Questions people ask
- Do AIPO and AIX hold the same stocks?
- By their latest filings, 16% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, AIPO or AIX?
- AIPO has 62% of its weight in S&P 500 names and AIX has 88%, so AIPO differs more from the index.
- Which is cheaper, AIPO or AIX?
- AIPO charges 0.69% a year and AIX charges 0.65%, so AIX 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, AIPO against AIX, data as of Sep 18, 2026. https://etfiq.com/compare/themes/aipo-vs-aix Free to use with attribution; the underlying files are at Open data.