{"url":"https://etfiq.com/compare/themes/alai-vs-luma","section":"compare","title":"ALAI vs LUMA: Holdings Overlap & Returns | ETFIQ","description":"60.0% of ALAI and 19.4% of LUMA is already in the S&P 500 by weight, as filed, and 1% of the two books are the same names at the same weight.","as_of":"Nov 12, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Do ALAI and LUMA hold the same stocks?","acceptedAnswer":{"@type":"Answer","text":"By their latest filings, 1% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share."}},{"@type":"Question","name":"Which is more different from the S&P 500, ALAI or LUMA?","acceptedAnswer":{"@type":"Answer","text":"ALAI has 60% of its weight in S&P 500 names and LUMA has 19%, so LUMA differs more from the index."}},{"@type":"Question","name":"Which is cheaper, ALAI or LUMA?","acceptedAnswer":{"@type":"Answer","text":"ALAI charges 0.58% a year and LUMA charges 1.00%, so ALAI is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Thematic ETFs","item":"https://etfiq.com/themes/"},{"@type":"ListItem","position":3,"name":"Compare ETFs","item":"https://etfiq.com/compare/"},{"@type":"ListItem","position":4,"name":"ALAI vs LUMA","item":"https://etfiq.com/compare/themes/alai-vs-luma"}]},{"@type":"WebPage","name":"ALAI vs LUMA: Holdings Overlap & Returns","description":"60.0% of ALAI and 19.4% of LUMA is already in the S&P 500 by weight, as filed, and 1% of the two books are the same names at the same weight.","url":"https://etfiq.com/compare/themes/alai-vs-luma","dateModified":"2026-11-12","abstract":"ALAI and LUMA hold 1% of their weight in the same names.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of ALAI and LUMA","description":"60.0% of ALAI and 19.4% of LUMA is already in the S&P 500 by weight, as filed, and 1% of the two books are the same names at the same weight.","dateModified":"2026-11-12","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/themes/alai-vs-luma","license":"https://etfiq.com/license/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/thematic.json"}],"variableMeasured":["Weight overlap with the S&P 500","Active share","Holdings","Top ten share of the fund","Total return","Fee for the differing part","Expense ratio"],"keywords":["exchange-traded funds","ETF","Thematic ETFs","fund data","SEC filings"]}],"characters":6890,"truncated":true,"content":"ETFIQ / Thematic ETFs / Compare ETFs / ALAI vs LUMA \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Nov 12, 2026 .\n\n ALAI vs LUMA: Holdings Overlap & Returns\n\n ALAI and LUMA hold 1% of their weight in the same names.\n Copy this for sharing \n \n ALAI costs 0.42 points a year less.\n ALAI and LUMA at a glance. As of Nov 12, 2026. Source: ETFIQ. ALAI LUMA \n Expense ratio 0.58% 1.00% \n Net assets, ALAI as of Jun 30, 2026 and LUMA as of Nov 11, 2026 $451m $10m \n Total return, 1 year +11.1% not published \n What it tracks Artificial intelligence AI infrastructure and chips \n Holdings in common 1","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, ALAI against LUMA, data as of Nov 12, 2026. https://etfiq.com/compare/themes/alai-vs-luma","a":{"ticker":"ALAI","name":"Alger AI Enablers & Adopters ETF","issuer":"Alger","desk":"themes","as_of":"2026-11-12","verdict":"Over the year to Nov 12, 2026, ALAI returned 11.1%, against 12.1% for VOO.","url":"https://etfiq.com/funds/alai","key_facts":[{"label":"Already in the S&P 500","value":"60.0%","as_of":"2026-06-30","source":"its SEC filing (Form N-PORT)"},{"label":"Active share vs the S&P 500","value":"65.2%","as_of":"2026-06-30","source":"ETFIQ"},{"label":"Top ten holdings","value":"52.3%","as_of":"2026-06-30","source":"its SEC filing (Form N-PORT)"},{"label":"Total return, 1 year","value":"+11.1%","as_of":"2026-11-12","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"12-month yield, capital gains included, on its starting price","value":"1.5%","as_of":"2026-11-12","source":"computed by ETFIQ from Tiingo daily prices and distributions"},{"label":"Last payment, ex-date Dec 18, 2025","value":"$0.5411","as_of":"2025-12-18","source":"Tiingo end-of-day distributions"},{"label":"Net assets","value":"$451m","as_of":"2026-06-30","source":"SEC filing, whole fund, as filed for Jun 30, 2026"},{"label":"Expense ratio","value":"0.58%","as_of":"2026-04-28","source":"485BPOS XBRL, Apr 28, 2026"}]},"b":{"ticker":"LUMA","name":"KraneShares Photonic and Optical ETF","issuer":"KraneShares","desk":"themes","as_of":"2026-11-12","verdict":"From its Jul 15, 2026 launch to Nov 12, 2026, LUMA lost 23.5%, against \u22126.8% for EEM.","url":"https://etfiq.com/funds/luma","key_facts":[{"label":"Already in the S&P 500","value":"19.4%","as_of":"2026-11-11","source":"the issuer\u2019s daily holdings file"},{"label":"Active share vs the S&P 500","value":"99.0%","as_of":"2026-11-11","source":"ETFIQ"},{"label":"Top ten holdings","value":"54.7%","as_of":"2026-11-11","source":"the issuer\u2019s daily holdings file"},{"label":"Total return, since launch","value":"\u221223.5%","as_of":"2026-11-12","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Net assets","value":"$10m","as_of":"2026-11-11","source":"issuer page, as of Nov 11, 2026"},{"label":"Expense ratio","value":"1.00%","as_of":"2026-07-08","source":"497 XBRL, Jul 8, 2026"}]},"overlap_pct":1,"full_text_at":"https://etfiq.com/compare/themes/alai-vs-luma"}