Do CHPX and TCAI hold the same stocks?

By their latest filings, 13% 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, CHPX or TCAI?

CHPX has 64% of its weight in S&P 500 names and TCAI has 60%, so TCAI differs more from the index.

Which is cheaper, CHPX or TCAI?

CHPX charges 0.50% a year and TCAI charges 0.65%, so CHPX is cheaper. Fees come from each fund's prospectus.

Data as of Nov 12, 2026.

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CHPX vs TCAI: Holdings Overlap & Returns

Return, fees and overlap, side by side.

Return gap

+31.9 pts

1 year to Nov 12, 2026: CHPX ahead, total return

Fee gap

0.15 pts

A year: CHPX 0.50%, TCAI 0.65%, per filings dated Mar 27, 2026 and Mar 30, 2026

Overlap

13%

Share of the two books held in common, holdings dated Nov 11, 2026 and Aug 31, 2026

Net flow

–

Needs daily flows for both funds

Risk and return

Oct 10, 2025 to Nov 6, 2026 · 56 weekly returns

CHPX TCAI

Return

Total return edge CHPX +43.5% +6.3%

Annualized edge CHPX +39.9% +5.9%

Price return edge CHPX +43.5% +6.3%

Risk

Volatility edge Tie 40.7% 40.7%

Max drawdown edge CHPX −31.7% −42.0%

Risk-adjusted

Sharpe edge CHPX 0.93 0.25

Sortino edge CHPX 1.41 0.33

Calmar edge CHPX 1.26 0.14

Reading

From Oct 2025 to Nov 2026, CHPX returned more: +43.5% to +6.3%. CHPX and TCAI swung about the same: 40.7% and 40.7%. CHPX fell less at its worst: −31.7% to −42.0%.

Full scorecard

9 measures Open ↓

Points (pts) are percentage points.

Risk and return: CHPX vs TCAI: Holdings Overlap & Returns
Measure	CHPX	TCAI	Edge	How it is measured
Return
Total return	+43.5%	+6.3%	CHPX	Price change plus distributions, reinvested.
Annualized	+39.9%	+5.9%	CHPX	Total return as a yearly rate.
Price return	+43.5%	+6.3%	CHPX	Price change alone, distributions left out.
Risk
Volatility	40.7%	40.7%	Tie	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	26.9%	31.0%	CHPX	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−31.7%	−42.0%	CHPX	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.93	0.25	CHPX	Return above Treasury bills per unit of volatility.
Sortino	1.41	0.33	CHPX	Return above Treasury bills per unit of downside deviation.
Calmar	1.26	0.14	CHPX	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 56 weekly returns. Cash rate: the 13-week Treasury bill.

Pair scorecard

CHPX costs 0.15 points a year less; their one-year returns differ by 31.9 points; TCAI is 2.4 times larger.

CHPX vs TCAI: Holdings Overlap & Returns
Measure	CHPX	TCAI
Return
Measure	CHPX	TCAI
Total return, 1 year	+48.9%	+17.0%
Drawdown
Measure	CHPX	TCAI
Below its all-time high	25.3%, high on Jun 22, 2026	37.0%, high on Jun 22, 2026
Benchmark
Measure	CHPX	TCAI
What it tracks	AI infrastructure and chips	AI infrastructure and chips
Cost and size
Measure	CHPX	TCAI
Expense ratio	0.50%	0.65%
Net assets, as of Nov 11, 2026	$111m	$266m
Holdings
Measure	CHPX	TCAI
Holdings in common	13%

ETFIQ S&P 500 Difference Score · TCAI scores higher How much of its weight does it not share with the S&P 500?

IQ Themes Score42.3CHPX65.3TCAI

How different its holdings are from the S&P 500, ranked against 111 thematic ETFs with at least half their money in S&P 500 companies. 100 is best. How it is computed

CHPX 42.3

TCAI 65.3

0.5, the lowest in this set 99.5, 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

Key numbers

64.5%

CHPX in the S&P 500

60.4%

TCAI in the S&P 500

+48.9%

CHPX total return, 1 year

+17.0%

TCAI total return, 1 year

CHPX · 1 year to Nov 12, 2026 36% of its weight is outside the S&P 500

65% of CHPX's weight is in S&P 500 companies and 36% is outside the index. Holdings as of Nov 11, 2026.

TCAI · 1 year to Nov 12, 2026 40% of its weight is outside the S&P 500

60% of TCAI's weight is in S&P 500 companies and 40% is outside the index. Holdings as of Aug 31, 2026.

What they share

13%

By the books each fund has filed, CHPX and TCAI hold 13% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Nov 11, 2026.

50%

0 half 100%

half

13% in common

Positions both hold · largest shared weight first CHPX TCAI

MICRON TECHNOLOGY INC 12.25% 5.29%

ARISTA NETWORKS INC 4.94% 2.49%

VERTIV HOLDINGS CO-A 1.88% 5.59%

HEWLETT PACKARD ENTERPRISE 1.61% 2.38%

NEBIUS GROUP NV 0.76% 2.56%

NVIDIA CORP 9.14% 0.74%

CREDO TECHNOLOGY GROUP HOLDI 0.56% 2.12%

Only in one fund ↓

Only in CHPX

TAIWAN SEMICONDUCTOR-SP ADR 11.56%

BROADCOM INC 9.45%

ADVANCED MICRO DEVICES 6.03%

ASML HOLDING NV-NY REG SHS 4.78%

MEDIATEK INC 4.51%

CISCO SYSTEMS INC 4.26%

SK HYNIX INC 3.81%

QUALCOMM INC 3.78%

Only in TCAI

Dell Technologies Inc 6.37%

Sandisk Corp 4.25%

Ciena Corp 4.01%

Seagate Technology Holdings PL 3.83%

Quanta Services Inc 3.64%

nVent Electric PLC 3.42%

Western Digital Corp 3.18%

Constellation Energy Corp 3.07%

Check overlap with more funds →

Window by window

Window by window: CHPX vs TCAI: Holdings Overlap & Returns
	Total return
Window	CHPX	TCAI
3 months	−14.9%	−26.2%
6 months	−10.7%	−27.2%
1 year	+48.9%	+17.0%
Since launchNot the same days: CHPX Oct 2025 · TCAI Aug 2025	+60.1%	+45.6%

Open this comparison in the app →

Side by side

CHPX Global X AI Semiconductor & Quantum ETF · Holds 38 stocks in aI infrastructure and chips, 64% of its weight in S&P 500 companies TCAI Tortoise AI Infrastructure ETF · Holds 46 stocks in aI infrastructure and chips, 60% of its weight in S&P 500 companies

Issuer Global X Tortoise

Theme AI infrastructure and chips AI infrastructure and chips

In the S&P 500 64.5% 60.4%

Active share vs the S&P 500 82.9% 93.3%

In the Nasdaq-100 60.2% 25.7%

Holdings 38 46

Top ten, share of the fund 70.7% 42.6%

Expense ratio 0.50% 0.65%

Fee for the differing part 0.60% 0.70%

Total return, 1 year +48.9% +17.0%

vs its benchmark not measured not measured

Below its high −25.3% −37.0%

Net assets, CHPX as of Nov 11, 2026 and TCAI as of Nov 12, 2026 $111m $263m

As of Nov 12, 2026. Source: ETFIQ.

13% of the two portfolios are the same securities at the same weight.

Client brief:

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About each fund

CHPX

By weight, 64% of CHPX'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 71% of the fund across 38 positions, as published by its issuer for Nov 11, 2026. Over the year to Nov 12, 2026 the fund returned +48.9% with distributions reinvested. It sits 25.3% below its all-time high of Jun 22, 2026.

TCAI

By weight, 60% of TCAI's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 93%. The top ten holdings are 43% of the fund across 46 positions, as filed for Aug 31, 2026. Over the year to Nov 12, 2026 the fund returned +17.0% with distributions reinvested. It sits 37.0% below its all-time high of Jun 22, 2026.

Questions people ask

Do CHPX and TCAI hold the same stocks?: By their latest filings, 13% 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, CHPX or TCAI?: CHPX has 64% of its weight in S&P 500 names and TCAI has 60%, so TCAI differs more from the index.
Which is cheaper, CHPX or TCAI?: CHPX charges 0.50% a year and TCAI charges 0.65%, so CHPX is cheaper. Fees come from each fund's prospectus.

Other comparisons

CHPX vs AIPO CHPX vs AIHY CHPX vs LUMA CHPX vs IVEP TCAI vs AIHY TCAI vs AIPO TCAI vs AINF TCAI vs IVEP

Where to next

CHPX on its own →TCAI on its own →CHPX dividend history →CHPX holdings →TCAI dividend history →TCAI holdings →Method →Standards and sources →

Sources and dates

CHPX filings on SEC EDGAR ↗

CHPX prospectus with the expense ratio (SEC) ↗

Global X page for CHPX ↗

TCAI filings on SEC EDGAR ↗

TCAI prospectus with the expense ratio (SEC) ↗

Tortoise 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, CHPX against TCAI, data as of Nov 12, 2026. https://etfiq.com/compare/themes/chpx-vs-tcai

Open data →

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

Net assets: $111m on Nov 11, 2026 for Global X AI Semiconductor & Quantum ETF, and $263m on Nov 12, 2026 for Tortoise AI Infrastructure ETF.

CHPX on its own →TCAI on its own →

Growth of 100

CHPX and TCAI

Total return, distributions reinvested, 1 year.

CHPX +48.9%TCAI +17.0%

Nov 12, 2025Nov 12, 2026

CHPX +48.9%, TCAI +17.0%: CHPX +31.9 pts ahead, 1 year, Nov 12, 2025 to Nov 12, 2026.