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Data as of Nov 12, 2026.

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EPAI vs LUMA: Holdings Overlap & Returns

Return, fees and overlap, side by side.

Return gap
+14.5 pts
3 months to Nov 12, 2026: EPAI ahead, total return
Fee gap
0.12 pts
A year: EPAI 0.88%, LUMA 1.00%, per filings dated Feb 27, 2026 and Jul 8, 2026
Overlap
6%
Share of the two books held in common, holdings dated Jul 31, 2026 and Nov 11, 2026
Net flow
–
Needs daily flows for both funds

Pair scorecard

EPAI costs 0.12 points a year less; LUMA is 2.0 times larger.

Points (pts) are percentage points.

EPAI vs LUMA: Holdings Overlap & Returns
MeasureEPAILUMA
Drawdown
Below its all-time high22.8%, high on Jun 30, 202633.8%, high on Oct 6, 2026
Benchmark
What it tracksArtificial intelligenceAI infrastructure and chips
Cost and size
Expense ratio0.88%1.00%
Net assets, as of Nov 11, 2026$4.9m$10m
Holdings
Holdings in common6%

Method

Key numbers
59.2%
EPAI in the S&P 500
19.4%
LUMA in the S&P 500
+23.9%
EPAI total return, since launch, Dec 18, 2025
−23.5%
LUMA total return, since launch, Jul 15, 2026
EPAI · 6 months to Nov 12, 2026 41% of its weight is outside the S&P 500
41% of its weight is outside the S&P 50059% of EPAI's weight is in S&P 500 companies and 41% is outside the index. Holdings as of Jul 31, 2026.59%41%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 96% · top ten 37% of the fund · 37 holdings as filed for Jul 31, 2026 · Nasdaq-100: 25% in41% of its weight is outside the S&P 50059% of EPAI's weight is in S&P 500 companies and 41% is outside the index. Holdings as of Jul 31, 2026.59%41%in the S&P 500outsideactive share 96% · Nasdaq-100: 25% in

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

LUMA · 3 months to Nov 12, 2026 81% of its weight is outside the S&P 500
81% of its weight is outside the S&P 50019% of LUMA's weight is in S&P 500 companies and 81% is outside the index. Holdings as of Nov 11, 2026.19%81%in the S&P 500of its weight outside the S&P 500active share 99% · top ten 55% of the fund · 27 holdings as published by its issuer for Nov 11, 2026 · Nasdaq-100: 9% in81% of its weight is outside the S&P 50019% of LUMA's weight is in S&P 500 companies and 81% is outside the index. Holdings as of Nov 11, 2026.19%81%inoutside the S&P 500active share 99% · Nasdaq-100: 9% in

19% of LUMA's weight is in S&P 500 companies and 81% is outside the index. Holdings as of Nov 11, 2026.

What they share

6%

By the books each fund has filed, EPAI and LUMA hold 6% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Nov 11, 2026.

0 half 100%

half

6% in common

Positions both hold · largest shared weight first EPAI LUMA
FormFactor Inc 3.20% 3.35%
Corning Inc 2.77% 2.64%
Only in one fund ↓
Only in EPAI
Applied Materials Inc 4.85%
Teradyne Inc 4.67%
Lam Research Corp 3.81%
Taiwan Semiconductor Manufacturing Co Ltd 3.80%
ASML Holding NV 3.68%
Vertiv Holdings Co 3.60%
Flex Ltd 3.42%
Monolithic Power Systems Inc 3.37%
Only in LUMA
AYAR LABS INC 9.61%
COHERENT CORP 5.72%
MACOM TECHNOLOGY SOLUTIONS H 5.72%
AIXTRON SE 5.65%
LAND MARK OPTOELECTRONICS 5.31%
LUMENTUM HOLDINGS INC 4.74%
EOPTOLINK TECHNOLOGY INC L-A 4.71%
TOWER SEMICONDUCTOR LTD 4.61%
Check overlap with more funds →

Window by window

Window by window: EPAI vs LUMA: Holdings Overlap & Returns
Total returnvs its benchmark
WindowEPAILUMAEPAILUMA
3 months−14.5%−29.0%not measured−20.7 pts vs EEM
6 months−13.5%–not measured–
Since launchNot the same days: EPAI Dec 2025 · LUMA Jul 2026+23.9%−23.5%not measured−16.7 pts vs EEM

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

Side by side

EPAI Harbor AI Inflection Strategy ETF · Holds 37 stocks in artificial intelligence, 59% of its weight in S&P 500 companies LUMA KraneShares Photonic and Optical ETF · Holds 27 stocks in aI infrastructure and chips, 19% of its weight in S&P 500 companies
Issuer Harbor KraneShares
Theme Artificial intelligence AI infrastructure and chips
In the S&P 500 59.2% 19.4%
Active share vs the S&P 500 95.6% 99.0%
In the Nasdaq-100 24.6% 8.6%
Holdings 37 27
Top ten, share of the fund 37.4% 54.7%
Expense ratio 0.88% 1.00%
Fee for the differing part 0.92% 1.01%
Total return, 1 year +23.9% (since launch, Dec 18, 2025) −23.5% (since launch, Jul 15, 2026)
vs its benchmark not measured −16.7 pts vs EEM (since launch, Jul 15, 2026)
Below its high −22.8% −33.8%
Net assets, EPAI as of Nov 12, 2026 and LUMA as of Nov 11, 2026 $4.9m $10m

As of Nov 12, 2026. Source: ETFIQ.

6% of the two portfolios are the same securities at the same weight.

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About each fund
EPAI

By weight, 59% of EPAI's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 96%. The top ten holdings are 37% of the fund across 37 positions, as filed for Jul 31, 2026. Since it first traded on Dec 18, 2025 the fund returned +23.9% with distributions reinvested. It sits 22.8% below its all-time high of Jun 30, 2026.

LUMA

By weight, 19% of LUMA's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 55% of the fund across 27 positions, as published by its issuer for Nov 11, 2026. Since it first traded on Jul 15, 2026 the fund returned −23.5% with distributions reinvested. It sits 33.8% below its all-time high of Oct 6, 2026.

Questions people ask

Do EPAI and LUMA hold the same stocks?
By their latest filings, 6% 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, EPAI or LUMA?
EPAI has 59% of its weight in S&P 500 names and LUMA has 19%, so LUMA differs more from the index.
Which is cheaper, EPAI or LUMA?
EPAI charges 0.88% a year and LUMA charges 1.00%, so EPAI is cheaper. Fees come from each fund's prospectus.
Other comparisons
EPAI vs IVEPEPAI vs AINFEPAI vs AIHYEPAI vs CGPTLUMA vs KAITLUMA vs AINTLUMA vs XALUMA vs LQAI
Where to next
All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →EPAI on its own →LUMA on its own →EPAI holdings →LUMA holdings →Method →Standards and sources →
Sources and dates
EPAI filings on SEC EDGAR ↗
EPAI prospectus with the expense ratio (SEC) ↗
Harbor page for EPAI ↗
LUMA filings on SEC EDGAR ↗
LUMA prospectus with the expense ratio (SEC) ↗
KraneShares page for LUMA ↗

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, EPAI against LUMA, data as of Nov 12, 2026. https://etfiq.com/compare/themes/epai-vs-luma

Open data →

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

EPAI and LUMA hold 6% of their weight in the same names.

EPAI on its own →LUMA on its own →
Growth of 100

EPAI and LUMA

Total return, distributions reinvested, 3 months.

EPAI −14.5%LUMA −29.0%
Aug 13, 2026Nov 12, 2026

EPAI −14.5%, LUMA −29.0%: EPAI +14.5 pts ahead, 3 months, Aug 13, 2026 to Nov 12, 2026.