Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

AOTG vs TNXT: which is really different?

AOTG and TNXT hold 30% of their weight in the same names.

AOT Growth and Innovation ETF and T. Rowe Price Innovation Leaders ETF.

77.4%AOTG in the S&P 500
64.3%TNXT in the S&P 500
+22.3%AOTG total return, 1 year
+14.5%TNXT total return, 1 year

ETFIQ Off-Index Score: AOTG scores higher

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

AOTG 4.1TNXT 0.70.1, 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

AOTG23% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
77%23%of its weight in S&P 500 companiesoutside the S&P 500active share 69% · top ten 68% of the fund · 41 holdings filed May 29, 2026 · Nasdaq-100: 68% in77%23%in the S&P 500outsideactive share 69% · top ten 68% of the fund
TNXT36% of its weight is outside the S&P 500 · 6 months to Sep 18, 2026
64%36%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 52% · top ten 32% of the fund · 272 holdings filed Jun 30, 2026 · Nasdaq-100: 47% in64%36%in the S&P 500outsideactive share 52% · top ten 32% of the fund

30% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, AOTG and TNXT hold 30% of their money in the same securities at the same weight.

Positions AOTG and TNXT both hold, largest shared weight first
HoldingAOTGTNXT
NVIDIA Corp10.47%7.23%
Amazon.com Inc4.40%3.02%
Microsoft Corp3.99%2.67%
Alphabet Inc4.11%2.57%
Advanced Micro Devices Inc15.39%2.53%
Alphabet Inc3.00%2.28%
Micron Technology Inc9.53%1.86%
Broadcom Inc1.67%2.76%
Taiwan Semiconductor Manufacturing Co Lt6.78%1.22%
Meta Platforms Inc1.19%1.47%
Netflix Inc0.65%0.66%
Oracle Corp3.28%0.64%
Only in each
Only in AOTGOnly in TNXT
NU Holdings Ltd/Cayman Islands 2.92%APPLE INC 4.61%
Salesforce Inc 2.77%INTEL CORP 2.13%
Adobe Inc 1.59%ELI LILLY & CO 1.99%
Sandisk Corp/DE 1.54%TESLA INC 1.80%
Charles Schwab Corp/The 1.10%VISA INC-CLASS A SHARES 1.45%
Virtu Financial Inc 0.80%MASTERCARD INC - A 1.14%
SoFi Technologies Inc 0.62%BLOCK INC 1.02%
Western Digital Corp 0.61%LAM RESEARCH CORP 1.00%

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 May 29, 2026.

Performance, window by window

AOTG and TNXT over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
AOTGTNXTAOTGTNXTAOTGTNXT
3 months+2.7%+3.8%+0.4 pts+1.6 pts+5.2 pts+6.3 pts
6 months+37.5%+27.4%+19.5 pts+9.3 pts+13.3 pts+3.1 pts
1 year+22.3%not published+5.8 ptsnot published+0.6 ptsnot published
3 years+120.6%not published+42.2 ptsnot published+22.4 ptsnot published
Since launch+168.9%+14.5%+57.1 pts+3.9 pts+8.5 pts−0.4 pts
Open the live comparison on ETFIQ
AOTG and TNXT on the same fields, as of Sep 18, 2026. Source: ETFIQ.
AOTG
AOT Growth and Innovation ETF
Holds 41 stocks in broad innovation and megatrends, 77% of its weight in S&P 500 companies
TNXT
T. Rowe Price Innovation Leaders ETF
Holds 272 stocks in broad innovation and megatrends, 64% of its weight in S&P 500 companies
IssuerAOT InvestT. Rowe Price
ThemeBroad innovation and megatrendsBroad innovation and megatrends
In the S&P 50077.4%64.3%
Active share vs the S&P 50069.1%51.6%
In the Nasdaq-10067.7%46.9%
Holdings41272
Top ten, share of the fund68.4%31.8%
Expense ratio0.75%0.49%
Fee for the differing part1.09%0.95%
Total return, 1 year+22.3%+14.5% (since launch on Jan 29, 2026)
vs the S&P 500+5.8 pts+3.9 pts
vs the Nasdaq-100+0.6 pts−0.4 pts
Below its high−0.6%−1.4%
Net assets$105m$18m

AOTG in plain words

By weight, 77% of AOTG's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 69%. The top ten holdings are 68% of the fund across 41 positions, as filed for May 29, 2026. Over the year to Sep 18, 2026 the fund returned +22.3% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 5.8 pts.

TNXT in plain words

By weight, 64% of TNXT's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 52%. The top ten holdings are 32% of the fund across 272 positions, as filed for Jun 30, 2026. Since it launched on Jan 29, 2026 the fund returned +14.5% with distributions reinvested against +10.6% for the S&P 500, so a holder was ahead by 3.9 pts.

Questions people ask

Do AOTG and TNXT hold the same stocks?
By their latest filings, 30% 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, AOTG or TNXT?
AOTG has 77% of its weight in S&P 500 names and TNXT has 64%, so AOTG differs more from the index.
Which is cheaper, AOTG or TNXT?
AOTG charges 0.75% a year and TNXT charges 0.49%, so TNXT 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.

AOTG against TNXT, 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, AOTG against TNXT, data as of Sep 18, 2026. https://etfiq.com/compare/themes/aotg-vs-tnxt Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources