Do ELFY and KWH 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, ELFY or KWH?

ELFY has 50% of its weight in S&P 500 names and KWH has 41%, so KWH differs more from the index.

Which is cheaper, ELFY or KWH?

ELFY charges 0.50% a year and KWH charges 0.60%, so ELFY is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Thematic ETFs

ELFY vs KWH: Holdings Overlap & Returns

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ELFY and KWH hold 26% of their weight in the same names.

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Net assets on Aug 31, 2026: $196m for ALPS Electrification Infrastructure ETF and $58m for GMO Power Infrastructure ETF.

ELFY on its own →KWH on its own →

At a glance

49.6%

ELFY in the S&P 500

41.4%

KWH in the S&P 500

+4.0%

ELFY total return, 1 year

−6.1%

KWH total return, since launch, Jul 15, 2026

ELFY · 1 year to Nov 4, 2026 50% of its weight is outside the S&P 500

50% of ELFY's weight is in S&P 500 companies and 50% is outside the index. Holdings as of Aug 31, 2026.

KWH · 3 months to Nov 4, 2026 59% of its weight is outside the S&P 500

41% of KWH's weight is in S&P 500 companies and 59% is outside the index. Holdings as of Aug 31, 2026.

Pair scorecard

ELFY costs 0.10 points a year less; ELFY is 3.4 times larger.

ELFY vs KWH: Holdings Overlap & Returns
Measure	ELFY	KWH
Return
Measure	ELFY	KWH
Total return, 1 year	+4.0%	not published
Drawdown
Measure	ELFY	KWH
Below its all-time high	18.5%, high on Jun 2, 2026	8.5%, high on Aug 17, 2026
Benchmark
Measure	ELFY	KWH
What it tracks	Electrification and the grid	Electrification and the grid
Cost and size
Measure	ELFY	KWH
Expense ratio	0.50%	0.60%
Net assets, as of Aug 31, 2026	$196m	$58m
Holdings
Measure	ELFY	KWH
Holdings in common	26%

Method

What they share

26%

By the books each fund has filed, ELFY and KWH hold 26% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026.

50%

0 half 100%

half

26% in common

Positions both hold · largest shared weight first ELFY KWH

Cheniere Energy Inc 1.13% 1.68%

Freeport-mcmoran Inc 1.07% 1.24%

Targa Resources Corp 1.01% 1.36%

Nexgen Energy Ltd 1.00% 1.08%

Kinder Morgan Inc 0.96% 1.25%

Eaton Corp Plc 0.95% 3.43%

Consolidated Edison Inc 0.93% 1.77%

Firstenergy Corp 0.92% 1.04%

Fortis Inc 0.92% 1.07%

Nextera Energy Inc 0.91% 2.52%

Entergy Corp 0.91% 1.39%

Xcel Energy Inc 0.91% 1.40%

Only in one fund ↓

Only in ELFY

Zebra Technologies Corp 1.48%

Tetra Tech Inc 1.21%

Trimble Inc 1.12%

Jacobs Solutions Inc 1.10%

Uranium Energy Corp 1.07%

Venture Global Inc 1.07%

Acuity Inc 1.07%

Constellation Energy Corp 1.04%

Only in KWH

Schneider Electric SE 5.14%

Siemens AG 4.68%

Trane Technologies PLC 2.69%

Enel SpA 2.52%

Iberdrola SA 2.51%

Vestas Wind Systems A/S 2.50%

National Grid PLC 2.44%

Contemporary Amperex Technology Co Ltd 2.31%

Check overlap with more funds →

Window by window

Window by window: ELFY vs KWH: Holdings Overlap & Returns
	Total return
Window	ELFY	KWH
3 months	−11.2%	−6.7%
6 months	−17.4%	–
1 year	+4.0%	–
Since launchNot the same days: ELFY Apr 2025 · KWH Jul 2026	+43.8%	−6.1%

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

Side by side

ELFY ALPS Electrification Infrastructure ETF · Holds 115 stocks in electrification and the grid, 50% of its weight in S&P 500 companies KWH GMO Power Infrastructure ETF · Holds 74 stocks in electrification and the grid, 41% of its weight in S&P 500 companies

Issuer ALPS GMO

Theme Electrification and the grid Electrification and the grid

In the S&P 500 49.6% 41.4%

Active share vs the S&P 500 94.6% 96.9%

In the Nasdaq-100 3.7% 4.9%

Holdings 115 74

Top ten, share of the fund 11.4% 30.8%

Expense ratio 0.50% 0.60%

Fee for the differing part 0.53% 0.62%

Total return, 1 year +4.0% −6.1% (since launch, Jul 15, 2026)

vs its benchmark not measured not measured

Below its high −18.5% −8.5%

Net assets, as of Aug 31, 2026 $196m $58m

As of Nov 4, 2026. Source: ETFIQ.

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

Alert

About each fund

ELFY

By weight, 50% of ELFY's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 95%. The top ten holdings are 11% of the fund across 115 positions, as filed for Aug 31, 2026. Over the year to Nov 4, 2026 the fund returned +4.0% with distributions reinvested. It sits 18.5% below its all-time high of Jun 2, 2026.

KWH

By weight, 41% of KWH's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 97%. The top ten holdings are 31% of the fund across 74 positions, as filed for Aug 31, 2026. Since it first traded on Jul 15, 2026 the fund returned −6.1% with distributions reinvested. It sits 8.5% below its all-time high of Aug 17, 2026.

Questions people ask

Do ELFY and KWH 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, ELFY or KWH?: ELFY has 50% of its weight in S&P 500 names and KWH has 41%, so KWH differs more from the index.
Which is cheaper, ELFY or KWH?: ELFY charges 0.50% a year and KWH charges 0.60%, so ELFY is cheaper. Fees come from each fund's prospectus.

Other comparisons

ELFY vs JOUL ELFY vs POWR ELFY vs VOLT ELFY vs GRID KWH vs TRFM KWH vs TPZ KWH vs ZAP KWH vs POWR

Where to next

All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →ELFY on its own →KWH on its own →ELFY dividend history →ELFY holdings →KWH holdings →Method →Standards and sources →

Sources and dates

ELFY filings on SEC EDGAR ↗

ELFY prospectus with the expense ratio (SEC) ↗

ALPS website ↗

KWH filings on SEC EDGAR ↗

KWH prospectus with the expense ratio (SEC) ↗

GMO website ↗

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, ELFY against KWH, data as of Nov 4, 2026. https://etfiq.com/compare/themes/elfy-vs-kwh

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