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Data as of Nov 4, 2026.

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Thematic ETFs

AIPO vs XA: Holdings Overlap & Returns

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AIPO and XA hold 0% of their weight in the same names.

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Net assets: $831m on Nov 3, 2026 for Defiance AI & Power Infrastructure ETF, and $8.0m on Nov 4, 2026 for Corgi AI Cybersecurity ETF.

AIPO on its own →XA on its own →
At a glance
67.6%
AIPO in the S&P 500
39.3%
XA in the S&P 500
−1.7%
AIPO total return, 1 year
+61.2%
XA total return, 6 months
AIPO · 1 year to Nov 4, 2026 32% of its weight is outside the S&P 500
32% of its weight is outside the S&P 50068% of AIPO's weight is in S&P 500 companies and 32% is outside the index. Holdings as of Nov 4, 2026.68%32%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 86% · top ten 58% of the fund · 86 holdings as published by its issuer for Nov 4, 2026 · Nasdaq-100: 24% in32% of its weight is outside the S&P 50068% of AIPO's weight is in S&P 500 companies and 32% is outside the index. Holdings as of Nov 4, 2026.68%32%in the S&P 500outsideactive share 86% · Nasdaq-100: 24% in

68% of AIPO's weight is in S&P 500 companies and 32% is outside the index. Holdings as of Nov 4, 2026.

XA · 6 months to Nov 4, 2026 61% of its weight is outside the S&P 500
61% of its weight is outside the S&P 50039% of XA's weight is in S&P 500 companies and 61% is outside the index. Holdings as of Nov 4, 2026.39%61%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 99% · top ten 59% of the fund · 26 holdings as published by its issuer for Nov 4, 2026 · Nasdaq-100: 29% in61% of its weight is outside the S&P 50039% of XA's weight is in S&P 500 companies and 61% is outside the index. Holdings as of Nov 4, 2026.39%61%in the S&P 500outside the S&P 500active share 99% · Nasdaq-100: 29% in

39% of XA's weight is in S&P 500 companies and 61% is outside the index. Holdings as of Nov 4, 2026.

Pair scorecard

XA costs 0.34 points a year less; AIPO is far larger, $831m against $8.1m.

Points (pts) are percentage points.

AIPO vs XA: Holdings Overlap & Returns
MeasureAIPOXA
Return
Total return, 1 year−1.7%not published
Drawdown
Below its all-time high32.0%, high on Jun 22, 202612.0%, high on Oct 27, 2026
Against its benchmark
What it tracksAI infrastructure and chipsArtificial intelligence
Against the S&P 500, 1 yearbehind by 16.5 pts
Its benchmark, total return, 1 year+14.8%
Against its benchmark, 1 yearbehind by 16.5 pts
Cost and size
Expense ratio0.69%0.35%
Net assets, as of Nov 3, 2026$831m$8.1m
Holdings
Holdings in common0%

Method

What they share

0%

By the books each fund has filed, AIPO and XA hold 0% of their money in the same securities at the same weight. Holdings dated Nov 4, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first AIPO XA
Only in one fund ↓
Only in AIPO
Quanta Services Inc 9.16%
Ge Vernova Inc 8.67%
Eaton Corp Plc 8.42%
Vertiv Holdings Co 6.59%
Bloom Energy Corp 4.69%
Nvidia Corp 4.44%
Broadcom Inc 4.42%
Alphabet Inc 4.33%
Only in XA
Palo Alto Networks Inc 11.17%
Crowdstrike Holdings Inc 10.93%
Okta Inc 6.28%
Rubrik Inc 5.31%
Zscaler Inc 4.69%
Qualys Inc 4.51%
Fortinet Inc 4.42%
GEN DIGITAL INC 4.17%
Check overlap with more funds →

Window by window

Window by window: AIPO vs XA: Holdings Overlap & Returns
Total returnvs its benchmark
WindowAIPOXAAIPOXA
3 months−21.5%+7.0%−21.4 pts vs VOOnot measured
6 months−29.0%+61.2%−34.0 pts vs VOOnot measured
1 year−1.7%–−16.5 pts vs VOO–
Since launchNot the same days: AIPO Jul 2025 · XA May 2026+16.2%+61.2%−5.9 pts vs VOOnot measured

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Side by side

AIPO Defiance AI & Power Infrastructure ETF · Holds 86 stocks in aI infrastructure and chips, 68% of its weight in S&P 500 companies XA Corgi AI Cybersecurity ETF · Holds 26 stocks in artificial intelligence, 39% of its weight in S&P 500 companies
Issuer Defiance Corgi
Theme AI infrastructure and chips Artificial intelligence
In the S&P 500 67.6% 39.3%
Active share vs the S&P 500 85.7% 98.9%
In the Nasdaq-100 23.5% 29.4%
Holdings 86 26
Top ten, share of the fund 57.7% 59.3%
Expense ratio 0.69% 0.35%
Fee for the differing part 0.81% 0.35%
Total return, 1 year −1.7% +61.2% (since launch, May 6, 2026)
vs its benchmark −16.5 pts vs VOO not measured
Below its high −32.0% −12.0%
Net assets, AIPO as of Nov 3, 2026 and XA as of Nov 4, 2026 $831m $8.0m

As of Nov 4, 2026. Source: ETFIQ.

0% of the two portfolios are the same securities at the same weight.

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About each fund
AIPO

By weight, 68% 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 58% of the fund across 86 positions, as published by its issuer for Nov 4, 2026. Over the year to Nov 4, 2026 the fund returned −1.7% with distributions reinvested against +14.8% for its benchmark, the S&P 500 Total Return Index, so a holder was behind by 16.5 pts. It sits 32.0% below its all-time high of Jun 22, 2026.

XA

By weight, 39% of XA's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 59% of the fund across 26 positions, as published by its issuer for Nov 4, 2026. Since it first traded on May 6, 2026 the fund returned +61.2% with distributions reinvested. It sits 12.0% below its all-time high of Oct 27, 2026.

Questions people ask

Do AIPO and XA hold the same stocks?
By their latest filings, 0% 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, AIPO or XA?
AIPO has 68% of its weight in S&P 500 names and XA has 39%, so XA differs more from the index.
Which is cheaper, AIPO or XA?
AIPO charges 0.69% a year and XA charges 0.35%, so XA is cheaper. Fees come from each fund's prospectus.
Other comparisons
AIPO vs AINTAIPO vs AGIQAIPO vs EPAIAIPO vs KAITXA vs AIHYXA vs TCAIXA vs CHPXXA vs IVEP
Where to next
All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →AIPO on its own →XA on its own →AIPO dividend history →AIPO holdings →XA holdings →Method →Standards and sources →
Sources and dates
AIPO filings on SEC EDGAR ↗
AIPO prospectus with the expense ratio (SEC) ↗
Defiance page for AIPO ↗
XA filings on SEC EDGAR ↗
XA prospectus with the expense ratio (SEC) ↗
Corgi 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, AIPO against XA, data as of Nov 4, 2026. https://etfiq.com/compare/themes/aipo-vs-xa

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