Data as of .
AIPO vs XAIX: which is really different?
AIPO and XAIX hold 8% of their weight in the same names, and XAIX returned more over the year.
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
8% 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 XAIX hold 8% of their money in the same securities at the same weight.
| Holding | AIPO | XAIX |
|---|---|---|
| Alphabet Inc | 4.30% | 4.00% |
| Nvidia Corp | 4.04% | 3.73% |
| Lattice Semiconductor Corp | 0.34% | 0.11% |
| Only in AIPO | Only in XAIX |
|---|---|
| Eaton Corp Plc 8.31% | MICRON TECHNOLOGY INC 9.03% |
| Quanta Services Inc 8.25% | SAMSUNG ELECTRONICS CO LTD 8.32% |
| Ge Vernova Inc 8.03% | SK HYNIX INC 7.69% |
| Vertiv Holdings Co 6.56% | INTEL CORP 4.92% |
| Bloom Energy Corp 5.10% | CISCO SYSTEMS INC 4.13% |
| Broadcom Inc 3.97% | AMAZON.COM INC 3.86% |
| Cameco Corp 3.54% | APPLE INC 3.78% |
| Constellation Energy Corp 3.02% | ORACLE CORP 3.55% |
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 May 31, 2026 and Sep 21, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| AIPO | XAIX | AIPO | XAIX | AIPO | XAIX | |
| 3 months | −16.1% | −1.3% | −18.4 pts | −3.6 pts | −13.7 pts | +1.1 pts |
| 6 months | +15.1% | +41.6% | −2.9 pts | +23.6 pts | −9.1 pts | +17.3 pts |
| 1 year | +29.3% | +39.6% | +12.7 pts | +23.0 pts | +7.5 pts | +17.8 pts |
| Since launch | +40.1% | +101.2% | +18.9 pts | +54.6 pts | +12.1 pts | +38.8 pts |
| AIPO Defiance AI & Power Infrastructure ETF Holds 89 stocks in aI infrastructure and chips, 62% of its weight in S&P 500 companies | XAIX Xtrackers Artificial Intelligence and Big Data ETF Holds 91 stocks in artificial intelligence, 71% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Defiance | Xtrackers |
| Theme | AI infrastructure and chips | Artificial intelligence |
| In the S&P 500 | 61.8% | 70.6% |
| Active share vs the S&P 500 | 86.1% | 72.0% |
| In the Nasdaq-100 | 20.6% | 50.2% |
| Holdings | 89 | 91 |
| Top ten, share of the fund | 55.1% | 53.0% |
| Expense ratio | 0.69% | 0.35% |
| Fee for the differing part | 0.80% | 0.49% |
| Total return, 1 year | +29.3% | +39.6% |
| vs the S&P 500 | +12.7 pts | +23.0 pts |
| vs the Nasdaq-100 | +7.5 pts | +17.8 pts |
| Below its high | −18.0% | −4.9% |
| Net assets | $915m | $174m |
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.
XAIX in plain words
By weight, 71% of XAIX's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 72%. The top ten holdings are 53% of the fund across 91 positions, as filed for May 31, 2026. Over the year to Sep 18, 2026 the fund returned +39.6% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 23.0 pts.
Questions people ask
- Do AIPO and XAIX hold the same stocks?
- By their latest filings, 8% 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 XAIX?
- AIPO has 62% of its weight in S&P 500 names and XAIX has 71%, so AIPO differs more from the index.
- Which is cheaper, AIPO or XAIX?
- AIPO charges 0.69% a year and XAIX charges 0.35%, so XAIX 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 XAIX, data as of Sep 18, 2026. https://etfiq.com/compare/themes/aipo-vs-xaix Free to use with attribution; the underlying files are at Open data.