IQ

Data as of Nov 4, 2026.

vsOpen in the appCompare their flowsaskIQ about these two fundsAsk the committee about these two funds
Thematic ETFs

AIX vs WISE: Holdings Overlap & Returns

Share
Share on XDownload as PDF

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

askIQ about this page

askIQ about AIX and WISE

Net assets: $446,975 on Nov 3, 2026 for Defiance US 100 Tech AI Moat ETF, and $22m on Nov 4, 2026 for Themes Generative Artificial Intelligence ETF.

AIX on its own →WISE on its own →
At a glance
90.3%
AIX in the S&P 500
30.1%
WISE in the S&P 500
−11.6%
AIX total return, since launch, Jun 30, 2026
−29.1%
WISE 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.

WISE · 1 year to Nov 4, 2026 70% of its weight is outside the S&P 500
70% of its weight is outside the S&P 50030% of WISE's weight is in S&P 500 companies and 70% is outside the index. Holdings as of Nov 4, 2026.30%70%in the S&P 500of its weight outside the S&P 500active share 83% · top ten 49% of the fund · 41 holdings as published by its issuer for Nov 4, 2026 · Nasdaq-100: 28% in70% of its weight is outside the S&P 50030% of WISE's weight is in S&P 500 companies and 70% is outside the index. Holdings as of Nov 4, 2026.30%70%inoutside the S&P 500active share 83% · Nasdaq-100: 28% in

30% of WISE's weight is in S&P 500 companies and 70% is outside the index. Holdings as of Nov 4, 2026.

Pair scorecard

WISE costs 0.30 points a year less.

Points (pts) are percentage points.

AIX vs WISE: Holdings Overlap & Returns
MeasureAIXWISE
Return
Total return, 1 yearnot published−29.1%
Drawdown
Below its all-time high13.6%, high on Oct 6, 202634.2%, high on Oct 15, 2025
Against its benchmark
What it tracksArtificial intelligenceArtificial intelligence
Its benchmark, total return, 1 year+15.0%
Against its benchmark, 1 yearbehind by 44.1 pts
Cost and size
Expense ratio0.65%0.35%
Net assets, as of Nov 3, 2026$446,975$22m
Holdings
Holdings in common26%

Method

What they share

26%

By the books each fund has filed, AIX and WISE hold 26% of their money in the same securities at the same weight. Holdings dated Nov 4, 2026.

0 half 100%

half

26% in common

Positions both hold · largest shared weight first AIX WISE
Advanced Micro Devices Inc 5.36% 5.21%
Nvidia Corp 4.93% 5.47%
Palantir Technologies Inc 6.53% 4.59%
Alphabet Inc 4.01% 4.26%
Broadcom Inc 4.37% 3.70%
Amazon.com Inc 5.48% 2.84%
Coreweave Inc 0.43% 1.70%
Only in one fund ↓
Only in AIX
Microsoft Corp 6.96%
Apple Inc 5.94%
Meta Platforms Inc 5.50%
Tesla Inc 5.00%
Texas Instruments Inc 4.74%
Space Exploration Technologies Corp 4.56%
Micron Technology Inc 4.45%
Kla Corp 3.28%
Only in WISE
Information Services Group Inc 6.06%
Caris Life Sciences Inc 5.24%
C3.ai Inc 5.12%
Snowflake Inc 5.01%
BIGBEAR.AI HOLDINGS INC 4.17%
Kingsoft Cloud Holdings Ltd 4.03%
PKSHA Technology Inc 3.80%
Ambarella Inc 3.69%
Check overlap with more funds →

Window by window

Window by window: AIX vs WISE: Holdings Overlap & Returns
Total returnvs its benchmark
WindowAIXWISEAIXWISE
3 months−4.4%−18.0%not measured−16.7 pts vs ACWI
6 months–−23.6%–−26.2 pts vs ACWI
1 year–−29.1%–−44.1 pts vs ACWI
Since launchNot the same days: AIX Jun 2026 · WISE Dec 2023−11.6%+23.6%not measured−45.1 pts vs ACWI

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

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 WISE Themes Generative Artificial Intelligence ETF · Holds 41 stocks in artificial intelligence, 30% of its weight in S&P 500 companies
Issuer Defiance Themes
Theme Artificial intelligence Artificial intelligence
In the S&P 500 90.3% 30.1%
Active share vs the S&P 500 63.4% 83.3%
In the Nasdaq-100 99.7% 27.8%
Holdings 30 41
Top ten, share of the fund 55.0% 49.2%
Expense ratio 0.65% 0.35%
Fee for the differing part 1.03% 0.42%
Total return, 1 year −11.6% (since launch, Jun 30, 2026) −29.1%
vs its benchmark not measured −44.1 pts vs ACWI
Below its high −13.6% −34.2%
Net assets, AIX as of Nov 3, 2026 and WISE as of Nov 4, 2026 $446,975 $22m

As of Nov 4, 2026. Source: ETFIQ.

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

Alert

The week's ETF fund flows, by email on Sundays.

One-click unsubscribe. See Privacy.

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.

WISE

By weight, 30% of WISE's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 83%. The top ten holdings are 49% of the fund across 41 positions, as published by its issuer for Nov 4, 2026. Over the year to Nov 4, 2026 the fund returned −29.1% with distributions reinvested against +15.0% for its benchmark, the MSCI ACWI Index, so a holder was behind by 44.1 pts. It sits 34.2% below its all-time high of Oct 15, 2025.

Questions people ask

Do AIX and WISE hold the same stocks?
By their latest filings, 26% 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 WISE?
AIX has 90% of its weight in S&P 500 names and WISE has 30%, so WISE differs more from the index.
Which is cheaper, AIX or WISE?
AIX charges 0.65% a year and WISE charges 0.35%, so WISE is cheaper. Fees come from each fund's prospectus.
Other comparisons
AIX vs WDRNAIX vs XAAIX vs AINTAIX vs EPAIWISE vs XAWISE vs DRGNWISE vs DRAIWISE vs JHAI
Where to next
All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →AIX on its own →WISE on its own →AIX holdings →WISE dividend history →WISE holdings →Method →Standards and sources →
Sources and dates
AIX filings on SEC EDGAR ↗
AIX prospectus with the expense ratio (SEC) ↗
Defiance page for AIX ↗
WISE filings on SEC EDGAR ↗
WISE prospectus with the expense ratio (SEC) ↗
Themes page for WISE ↗

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

Open data →

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