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Data as of Nov 12, 2026.

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AIS vs LUMA: Holdings Overlap & Returns

Return, fees and overlap, side by side.

Return gap
+7.6 pts
3 months to Nov 12, 2026: AIS ahead, total return
Fee gap
0.25 pts
A year: AIS 0.75%, LUMA 1.00%, per filings dated Mar 25, 2026 and Jul 8, 2026
Overlap
12%
Share of the two books held in common, holdings dated Nov 12, 2026 and Nov 11, 2026
Net flow
–
Needs daily flows for both funds

Pair scorecard

AIS costs 0.25 points a year less; AIS is far larger, $821m against $10m.

Points (pts) are percentage points.

AIS vs LUMA: Holdings Overlap & Returns
MeasureAISLUMA
Return
Total return, 1 year+46.6%not published
Drawdown
Below its all-time high35.9%, high on Jun 22, 202633.8%, high on Oct 6, 2026
Against its benchmark
What it tracksArtificial intelligenceAI infrastructure and chips
Against the S&P 500, 1 yearahead by 34.5 pts
Its benchmark, total return, 1 year+12.1%
Against its benchmark, 1 yearahead by 34.5 pts
Cost and size
Expense ratio0.75%1.00%
Net assets, as of Nov 11, 2026$821m$10m
Holdings
Holdings in common12%

Method

Key numbers
41.6%
AIS in the S&P 500
19.4%
LUMA in the S&P 500
+46.6%
AIS total return, 1 year
−23.5%
LUMA total return, since launch, Jul 15, 2026
AIS · 1 year to Nov 12, 2026 58% of its weight is outside the S&P 500
58% of its weight is outside the S&P 50042% of AIS's weight is in S&P 500 companies and 58% is outside the index. Holdings as of Nov 12, 2026.42%58%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 89% · top ten 45% of the fund · 57 holdings as published by its issuer for Nov 12, 2026 · Nasdaq-100: 34% in58% of its weight is outside the S&P 50042% of AIS's weight is in S&P 500 companies and 58% is outside the index. Holdings as of Nov 12, 2026.42%58%in the S&P 500outside the S&P 500active share 89% · Nasdaq-100: 34% in

42% of AIS's weight is in S&P 500 companies and 58% is outside the index. Holdings as of Nov 12, 2026.

LUMA · 3 months to Nov 12, 2026 81% of its weight is outside the S&P 500
81% of its weight is outside the S&P 50019% of LUMA's weight is in S&P 500 companies and 81% is outside the index. Holdings as of Nov 11, 2026.19%81%in the S&P 500of its weight outside the S&P 500active share 99% · top ten 55% of the fund · 27 holdings as published by its issuer for Nov 11, 2026 · Nasdaq-100: 9% in81% of its weight is outside the S&P 50019% of LUMA's weight is in S&P 500 companies and 81% is outside the index. Holdings as of Nov 11, 2026.19%81%inoutside the S&P 500active share 99% · Nasdaq-100: 9% in

19% of LUMA's weight is in S&P 500 companies and 81% is outside the index. Holdings as of Nov 11, 2026.

What they share

12%

By the books each fund has filed, AIS and LUMA hold 12% of their money in the same securities at the same weight. Holdings dated Nov 11, 2026 and Nov 12, 2026.

0 half 100%

half

12% in common

Positions both hold · largest shared weight first AIS LUMA
MARVELL TECHNOLOGY INC 3.44% 3.84%
Semtech Corp 3.85% 2.11%
Corning Inc 2.02% 2.64%
Tower Semiconductor Ltd 1.85% 4.61%
AIXTRON SE 1.32% 5.65%
Coherent Corp 0.84% 5.72%
Lumentum Holdings Inc 0.23% 4.74%
Only in one fund ↓
Only in AIS
SK hynix Inc 7.37%
Advanced Micro Devices Inc 7.36%
Micron Technology Inc 7.21%
Taiwan Semiconductor Manufacturing Co Ltd 4.31%
Vertiv Holdings Co 3.45%
GE Vernova Inc 2.88%
Arista Networks Inc 2.58%
Silicon Motion Technology Corp 2.41%
Only in LUMA
AYAR LABS INC 9.61%
MACOM TECHNOLOGY SOLUTIONS H 5.72%
LAND MARK OPTOELECTRONICS 5.31%
EOPTOLINK TECHNOLOGY INC L-A 4.71%
ZHONGJI INNOLIGHT CO LTD-A 4.45%
S.O.I.T.E.C. 4.19%
NOKIA CORP-SPON ADR 4.00%
AXT INC 3.73%
Check overlap with more funds →

Window by window

Window by window: AIS vs LUMA: Holdings Overlap & Returns
Total returnvs its benchmark
WindowAISLUMAAISLUMA
3 months−21.4%−29.0%−19.0 pts vs VOO−20.7 pts vs EEM
6 months−20.4%–−22.2 pts vs VOO–
1 year+46.6%–+34.5 pts vs VOO–
Since launchNot the same days: AIS Dec 2024 · LUMA Jul 2026+126.0%−23.5%+97.6 pts vs VOO−16.7 pts vs EEM

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

Side by side

AIS VistaShares Artificial Intelligence Supercycle ETF · Holds 57 stocks in artificial intelligence, 42% of its weight in S&P 500 companies LUMA KraneShares Photonic and Optical ETF · Holds 27 stocks in aI infrastructure and chips, 19% of its weight in S&P 500 companies
Issuer VistaShares KraneShares
Theme Artificial intelligence AI infrastructure and chips
In the S&P 500 41.6% 19.4%
Active share vs the S&P 500 88.7% 99.0%
In the Nasdaq-100 33.9% 8.6%
Holdings 57 27
Top ten, share of the fund 44.9% 54.7%
Expense ratio 0.75% 1.00%
Fee for the differing part 0.85% 1.01%
Total return, 1 year +46.6% −23.5% (since launch, Jul 15, 2026)
vs its benchmark +34.5 pts vs VOO −16.7 pts vs EEM (since launch, Jul 15, 2026)
Below its high −35.9% −33.8%
Net assets, AIS as of Nov 12, 2026 and LUMA as of Nov 11, 2026 $813m $10m

As of Nov 12, 2026. Source: ETFIQ.

12% of the two portfolios are the same securities at the same weight.

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About each fund
AIS

By weight, 42% of AIS's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 89%. The top ten holdings are 45% of the fund across 57 positions, as published by its issuer for Nov 12, 2026. Over the year to Nov 12, 2026 the fund returned +46.6% with distributions reinvested against +12.1% for its benchmark, the S&P 500 TR, so a holder was ahead by 34.5 pts. It sits 35.9% below its all-time high of Jun 22, 2026.

LUMA

By weight, 19% of LUMA'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 55% of the fund across 27 positions, as published by its issuer for Nov 11, 2026. Since it first traded on Jul 15, 2026 the fund returned −23.5% with distributions reinvested. It sits 33.8% below its all-time high of Oct 6, 2026.

Questions people ask

Do AIS and LUMA hold the same stocks?
By their latest filings, 12% 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, AIS or LUMA?
AIS has 42% of its weight in S&P 500 names and LUMA has 19%, so LUMA differs more from the index.
Which is cheaper, AIS or LUMA?
AIS charges 0.75% a year and LUMA charges 1.00%, so AIS is cheaper. Fees come from each fund's prospectus.
Other comparisons
AIS vs IVEPAIS vs COOLAIS vs CGPTAIS vs AIHYLUMA vs ALAILUMA vs THNQLUMA vs KOIDLUMA vs JHAI
Where to next
All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →AIS on its own →LUMA on its own →AIS holdings →LUMA holdings →Method →Standards and sources →
Sources and dates
AIS filings on SEC EDGAR ↗
AIS prospectus with the expense ratio (SEC) ↗
VistaShares page for AIS ↗
LUMA filings on SEC EDGAR ↗
LUMA prospectus with the expense ratio (SEC) ↗
KraneShares page for LUMA ↗

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, AIS against LUMA, data as of Nov 12, 2026. https://etfiq.com/compare/themes/ais-vs-luma

Open data →

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

AIS and LUMA hold 12% of their weight in the same names.

AIS on its own →LUMA on its own →
Growth of 100

AIS and LUMA

Total return, distributions reinvested, 3 months.

AIS −21.4%LUMA −29.0%
Aug 13, 2026Nov 12, 2026

AIS −21.4%, LUMA −29.0%: AIS +7.6 pts ahead, 3 months, Aug 13, 2026 to Nov 12, 2026.