Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

AIUP vs AIX: which is really different?

AIUP and AIX hold 26% of their weight in the same names.

FINQ FIRST U.S. Large Cap AI-Managed Equity ETF and Defiance US 100 Tech AI Moat ETF.

100.0%AIUP in the S&P 500
88.0%AIX in the S&P 500
+26.9%AIUP total return, 1 year
−4.6%AIX total return, 1 year

ETFIQ Off-Index Score: AIUP scores higher

How much of it is not the index it is sold as an alternative to?

AIUP 8AIX 20.1, the lowest in this set91.8, the highest

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

AIUP0% of its weight is outside the S&P 500 · 6 months to Sep 18, 2026
100%0%of its weight in S&P 500 companies0% of its weight outside the S&P 500active share 76% · top ten 78% of the fund · 15 holdings filed Jun 30, 2026 · Nasdaq-100: 77% in100%0%of its weight in S&P 500 companies0% of its weight outside the S&P 500active share 76% · top ten 78% of the fund
AIX12% of its weight is outside the S&P 500 · since launch to Sep 18, 2026
88%12%of its weight in S&P 500 companiesoutsideactive share 64% · top ten 53% of the fund · 32 holdings filed Sep 21, 2026 · Nasdaq-100: 94% in88%12%of its weight in S&P 500 companies12% of its weight outside the S&P 500active share 64% · top ten 53% of the fund

26% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, AIUP and AIX hold 26% of their money in the same securities at the same weight.

Positions AIUP and AIX both hold, largest shared weight first
HoldingAIUPAIX
Meta Platforms Inc14.88%5.38%
NVIDIA Corp15.46%5.07%
Amazon.com Inc14.81%4.84%
Microsoft Corp4.64%5.73%
Alphabet Inc4.64%4.49%
AppLovin Corp4.77%1.60%
Only in each
Only in AIUPOnly in AIX
Palo Alto Networks Inc 4.69%Palantir Technologies Inc 6.26%
Expand Energy Corp 4.65%Advanced Micro Devices Inc 5.69%
DoorDash Inc 4.60%Apple Inc 5.30%
Visa Inc 4.60%Micron Technology Inc 5.27%
Mastercard Inc 4.59%Space Exploration Technologies Corp 4.75%
Booking Holdings Inc 4.45%Intel Corp 4.64%
Boston Scientific Corp 4.45%Broadcom Inc 4.44%
Uber Technologies Inc 4.39%Tesla Inc 4.38%

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 Jun 30, 2026 and Sep 21, 2026.

Performance, window by window

AIUP and AIX over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
AIUPAIXAIUPAIXAIUPAIX
3 months+15.5%not published+13.3 ptsnot published+18.0 ptsnot published
6 months+29.3%not published+11.3 ptsnot published+5.1 ptsnot published
Since launch+26.9%−4.6%+15.8 pts−6.9 pts+8.3 pts−2.6 pts
Open the live comparison on ETFIQ
AIUP and AIX on the same fields, as of Sep 18, 2026. Source: ETFIQ.
AIUP
FINQ FIRST U.S. Large Cap AI-Managed Equity ETF
Holds 15 stocks in artificial intelligence, 100% 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
IssuerFINQDefiance
ThemeArtificial intelligenceArtificial intelligence
In the S&P 500100.0%88.0%
Active share vs the S&P 50076.1%64.0%
In the Nasdaq-10077.3%94.3%
Holdings1532
Top ten, share of the fund77.7%52.9%
Expense ratio0.70%0.65%
Fee for the differing part0.92%1.02%
Total return, 1 year+26.9% (since launch on Feb 6, 2026)−4.6% (since launch on Jun 30, 2026)
vs the S&P 500+15.8 pts−6.9 pts
vs the Nasdaq-100+8.3 pts−2.6 pts
Below its high0.0%−4.6%
Net assets$4m$482,327

AIUP in plain words

By weight, 100% of AIUP's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 76%. The top ten holdings are 78% of the fund across 15 positions, as filed for Jun 30, 2026. Since it launched on Feb 6, 2026 the fund returned +26.9% with distributions reinvested against +11.2% for the S&P 500, so a holder was ahead by 15.8 pts.

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 AIUP and AIX hold the same stocks?
By their latest filings, 26% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, AIUP or AIX?
AIUP has 100% of its weight in S&P 500 names and AIX has 88%, so AIUP differs more from the index.
Which is cheaper, AIUP or AIX?
AIUP charges 0.70% 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.

AIUP against AIX, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, AIUP against AIX, data as of Sep 18, 2026. https://etfiq.com/compare/themes/aiup-vs-aix Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources