Data as of .
AIX vs PBOT: which is really different?
AIX and PBOT hold 21% of their weight in the same names.
ETFIQ Off-Index Score: PBOT 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
21% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, AIX and PBOT hold 21% of their money in the same securities at the same weight.
| Holding | AIX | PBOT |
|---|---|---|
| Broadcom Inc | 4.44% | 6.33% |
| Kla Corp | 3.60% | 6.36% |
| Nvidia Corp | 5.07% | 3.15% |
| Micron Technology Inc | 5.27% | 2.12% |
| NXP Semiconductors N V | 0.85% | 2.21% |
| Only in AIX | Only in PBOT |
|---|---|
| Palantir Technologies Inc 6.26% | ALPHABET INC-CL A 6.86% |
| Microsoft Corp 5.73% | TAIWAN SEMICONDUCTOR-SP ADR 6.34% |
| Advanced Micro Devices Inc 5.69% | ASML HOLDING NV /EUR/ 5.77% |
| Meta Platforms Inc 5.38% | SNOWFLAKE INC 4.73% |
| Apple Inc 5.30% | CROWDSTRIKE HOLDINGS INC - A 4.64% |
| Amazon.com Inc 4.84% | PALO ALTO NETWORKS INC 4.57% |
| Space Exploration Technologies Corp 4.75% | INFINEON TECHNOLOGIES AG /EUR/ 3.91% |
| Intel Corp 4.64% | CLOUDFLARE INC - CLASS A 2.93% |
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
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| AIX | PBOT | AIX | PBOT | AIX | PBOT | |
| 3 months | not published | +1.0% | not published | −1.2 pts | not published | +3.5 pts |
| 6 months | not published | +39.5% | not published | +21.4 pts | not published | +15.2 pts |
| Since launch | −4.6% | +34.6% | −6.9 pts | +18.0 pts | −2.6 pts | +13.9 pts |
| AIX Defiance US 100 Tech AI Moat ETF Holds 32 stocks in artificial intelligence, 88% of its weight in S&P 500 companies | PBOT Pictet AI & Automation ETF Holds 44 stocks in artificial intelligence, 61% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Defiance | Pictet |
| Theme | Artificial intelligence | Artificial intelligence |
| In the S&P 500 | 88.0% | 61.0% |
| Active share vs the S&P 500 | 64.0% | 82.1% |
| In the Nasdaq-100 | 94.3% | 52.2% |
| Holdings | 32 | 44 |
| Top ten, share of the fund | 52.9% | 52.6% |
| Expense ratio | 0.65% | 0.70% |
| Fee for the differing part | 1.02% | 0.85% |
| Total return, 1 year | −4.6% (since launch on Jun 30, 2026) | +34.6% (since launch on Oct 16, 2025) |
| vs the S&P 500 | −6.9 pts | +18.0 pts |
| vs the Nasdaq-100 | −2.6 pts | +13.9 pts |
| Below its high | −4.6% | −3.8% |
| Net assets | $482,327 | $14m |
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.
PBOT in plain words
By weight, 61% of PBOT's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 82%. The top ten holdings are 53% of the fund across 44 positions, as filed for Jun 30, 2026. Since it launched on Oct 16, 2025 the fund returned +34.6% with distributions reinvested against +16.5% for the S&P 500, so a holder was ahead by 18.0 pts.
Questions people ask
- Do AIX and PBOT hold the same stocks?
- By their latest filings, 21% 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, AIX or PBOT?
- AIX has 88% of its weight in S&P 500 names and PBOT has 61%, so PBOT differs more from the index.
- Which is cheaper, AIX or PBOT?
- AIX charges 0.65% a year and PBOT charges 0.70%, 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.
Cite this page. ETFIQ, AIX against PBOT, data as of Sep 18, 2026. https://etfiq.com/compare/themes/aix-vs-pbot Free to use with attribution; the underlying files are at Open data.