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Data as of Nov 4, 2026.

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Thematic ETFs

AIX vs ALAI: Holdings Overlap & Returns

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AIX and ALAI hold 41% of their weight in the same names.

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Net assets: $446,975 on Nov 3, 2026 for Defiance US 100 Tech AI Moat ETF, and $451m on Jun 30, 2026 for Alger AI Enablers & Adopters ETF.

AIX on its own →ALAI on its own →
At a glance
90.3%
AIX in the S&P 500
60.0%
ALAI in the S&P 500
−11.6%
AIX total return, since launch, Jun 30, 2026
+9.9%
ALAI total return, 1 year
AIX · 3 months to Nov 4, 2026 10% of its weight is outside the S&P 500
10% of its weight is outside the S&P 50090% of AIX's weight is in S&P 500 companies and 10% is outside the index. Holdings as of Nov 4, 2026.90%10%of its weight in S&P 500 companiesoutsideactive share 63% · top ten 55% of the fund · 30 holdings as published by its issuer for Nov 4, 2026 · Nasdaq-100: 100% in10% of its weight is outside the S&P 50090% of AIX's weight is in S&P 500 companies and 10% is outside the index. Holdings as of Nov 4, 2026.90%10%of its weight in S&P 500 companies10% of its weight outside the S&P 500active share 63% · Nasdaq-100: 100% in

90% of AIX's weight is in S&P 500 companies and 10% is outside the index. Holdings as of Nov 4, 2026.

ALAI · 1 year to Nov 4, 2026 40% of its weight is outside the S&P 500
40% of its weight is outside the S&P 50060% of ALAI's weight is in S&P 500 companies and 40% is outside the index. Holdings as of Jun 30, 2026.60%40%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 65% · top ten 52% of the fund · 79 holdings as filed for Jun 30, 2026 · Nasdaq-100: 63% in40% of its weight is outside the S&P 50060% of ALAI's weight is in S&P 500 companies and 40% is outside the index. Holdings as of Jun 30, 2026.60%40%in the S&P 500outsideactive share 65% · Nasdaq-100: 63% in

60% of ALAI's weight is in S&P 500 companies and 40% is outside the index. Holdings as of Jun 30, 2026.

Pair scorecard

ALAI costs 0.07 points a year less.

Points (pts) are percentage points.

AIX vs ALAI: Holdings Overlap & Returns
MeasureAIXALAI
Return
Total return, 1 yearnot published+9.9%
Drawdown
Below its all-time high13.6%, high on Oct 6, 202615.2%, high on Oct 6, 2026
Against its benchmark
What it tracksArtificial intelligenceArtificial intelligence
Against the S&P 500, 1 yearbehind by 4.9 pts
Its benchmark, total return, 1 year+14.8%
Against its benchmark, 1 yearbehind by 4.9 pts
Cost and size
Expense ratio0.65%0.58%
Net assets, AIX as of Nov 3, 2026 and ALAI as of Jun 30, 2026$446,975$451m
Holdings
Holdings in common41%
ETFIQ S&P 500 Difference Score · ALAI scores higher How much of its weight does it not share with the S&P 500?
IQ Themes Score5.7AIX7.5ALAI

How different its holdings are from the S&P 500, ranked against 114 thematic ETFs with at least half their money in S&P 500 companies. 100 is best. How it is computed

0.4, the lowest in this set 99.6, the highest

Weight not shared with the S&P 500 only; it says nothing about returns, fees or whether the theme pays off. All thematic ETFs ranked by it →

Method

What they share

41%

By the books each fund has filed, AIX and ALAI hold 41% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 4, 2026.

0 half 100%

half

41% in common

Positions both hold · largest shared weight first AIX ALAI
Amazon.com Inc 5.48% 5.37%
Nvidia Corp 4.93% 12.25%
Microsoft Corp 6.96% 4.78%
Alphabet Inc 4.01% 4.73%
Meta Platforms Inc 5.50% 3.85%
Broadcom Inc 4.37% 3.78%
Space Exploration Technologies Corp 4.56% 3.09%
Apple Inc 5.94% 2.83%
Tesla Inc 5.00% 2.57%
Applovin Corp 1.52% 2.09%
Micron Technology Inc 4.45% 1.49%
Advanced Micro Devices Inc 5.36% 1.35%
Only in one fund ↓
Only in AIX
Palantir Technologies Inc 6.53%
Kla Corp 3.28%
Analog Devices Inc 3.27%
Qualcomm Inc 3.02%
T-mobile Us Inc 2.85%
Intel Corp 2.69%
Marvell Technology Inc 2.36%
Automatic Data Processing Inc 2.04%
Only in ALAI
TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD 5.96%
WESTERN DIGITAL CORP 4.34%
NEBIUS GROUP NV 4.12%
Anthropic PBC 2.92%
SEAGATE TECHNOLOGY HOLDINGS PLC 1.98%
TALEN ENERGY CORP 1.98%
DISRUPTIVE TECHNOLOGY SOL 1.95%
SEA LTD 1.65%
Check overlap with more funds →

Window by window

Window by window: AIX vs ALAI: Holdings Overlap & Returns
Total returnvs its benchmark
WindowAIXALAIAIXALAI
3 months−4.4%−9.3%not measured−9.2 pts vs VOO
6 months–−3.5%–−8.5 pts vs VOO
1 year–+9.9%–−4.9 pts vs VOO
Since launchNot the same days: AIX Jun 2026 · ALAI Apr 2024−11.6%+107.2%not measured+54.7 pts vs VOO

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Side by side

AIX Defiance US 100 Tech AI Moat ETF · Holds 30 stocks in artificial intelligence, 90% of its weight in S&P 500 companies ALAI Alger AI Enablers & Adopters ETF · Holds 79 stocks in artificial intelligence, 60% of its weight in S&P 500 companies
Issuer Defiance Alger
Theme Artificial intelligence Artificial intelligence
In the S&P 500 90.3% 60.0%
Active share vs the S&P 500 63.4% 65.2%
In the Nasdaq-100 99.7% 62.8%
Holdings 30 79
Top ten, share of the fund 55.0% 52.3%
Expense ratio 0.65% 0.58%
Fee for the differing part 1.03% 0.89%
Total return, 1 year −11.6% (since launch, Jun 30, 2026) +9.9%
vs its benchmark not measured −4.9 pts vs VOO
Below its high −13.6% −15.2%
Net assets, AIX as of Nov 3, 2026 and ALAI as of Jun 30, 2026 $446,975 $451m

As of Nov 4, 2026. Source: ETFIQ.

41% of the two portfolios are the same securities at the same weight.

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About each fund
AIX

By weight, 90% of AIX's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 63%. The top ten holdings are 55% of the fund across 30 positions, as published by its issuer for Nov 4, 2026. Since it first traded on Jun 30, 2026 the fund returned −11.6% with distributions reinvested. It sits 13.6% below its all-time high of Oct 6, 2026.

ALAI

By weight, 60% of ALAI's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 65%. The top ten holdings are 52% of the fund across 79 positions, as filed for Jun 30, 2026. Over the year to Nov 4, 2026 the fund returned +9.9% with distributions reinvested against +14.8% for its benchmark, the S&P 500 Index, so a holder was behind by 4.9 pts. It sits 15.2% below its all-time high of Oct 6, 2026.

Questions people ask

Do AIX and ALAI hold the same stocks?
By their latest filings, 41% 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, AIX or ALAI?
AIX has 90% of its weight in S&P 500 names and ALAI has 60%, so ALAI differs more from the index.
Which is cheaper, AIX or ALAI?
AIX charges 0.65% a year and ALAI charges 0.58%, so ALAI is cheaper. Fees come from each fund's prospectus.
Other comparisons
AIX vs THNQAIX vs KOIDAIX vs ROBTAIX vs FAIALAI vs NEWZALAI vs DRAIALAI vs WISEALAI vs JHAI
Where to next
AIX on its own →ALAI on its own →AIX holdings →ALAI dividend history →ALAI holdings →Method →Standards and sources →
Sources and dates
AIX filings on SEC EDGAR ↗
AIX prospectus with the expense ratio (SEC) ↗
Defiance page for AIX ↗
ALAI filings on SEC EDGAR ↗
ALAI prospectus with the expense ratio (SEC) ↗
Alger website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

It is a place in a set, not a rating or a recommendation.

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, AIX against ALAI, data as of Nov 4, 2026. https://etfiq.com/compare/themes/aix-vs-alai

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