Data as of .
ETEC vs NVIR: which is really different?
ETEC and NVIR hold 1% of their weight in the same names, and NVIR returned more over the year.
ETFIQ Off-Index Score: NVIR scores higher
How much of it is not the index it is sold as an alternative to?
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
1% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, ETEC and NVIR hold 1% of their money in the same securities at the same weight.
| Holding | ETEC | NVIR |
|---|---|---|
| XYLEM INC | 3.30% | 1.22% |
| Only in ETEC | Only in NVIR |
|---|---|
| KURITA WATER INDUSTRIES 6.73% | Texas Pacific Land Corp 6.25% |
| UNIVERSAL DISPLAY CORP 6.27% | CES Energy Solutions Corp 5.97% |
| BORGWARNER 6.05% | Williams Cos Inc/The 5.62% |
| ALLEGRO MICROSYSTEMS INC 4.96% | WaterBridge Infrastructure LLC 5.32% |
| CONTEMPORARY AMPEREX TECHNOLOGY CL 4.43% | Enerflex Ltd 4.22% |
| YASKAWA ELECTRIC 4.07% | EQT Corp 4.08% |
| VESTAS WIND SYSTEMS 4.02% | Permian Basin Royalty Trust 4.02% |
| KEMIRA 3.89% | Cheniere Energy Inc 3.88% |
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 Sep 17, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| ETEC | NVIR | ETEC | NVIR | ETEC | NVIR | |
| 3 months | −19.5% | +5.4% | −21.7 pts | +3.2 pts | −17.0 pts | +7.9 pts |
| 6 months | −6.7% | −1.3% | −24.7 pts | −19.3 pts | −30.9 pts | −25.6 pts |
| 1 year | +1.9% | +25.8% | −14.6 pts | +9.2 pts | −19.8 pts | +4.0 pts |
| 3 years | +12.3% | +48.9% | −66.1 pts | −29.5 pts | −85.8 pts | −49.2 pts |
| Since launch | +0.6% | +66.7% | −96.5 pts | −33.7 pts | −132.2 pts | −83.5 pts |
| ETEC iShares Breakthrough Environmental Solutions ETF Holds 60 stocks in energy transition and decarbonisation, 13% of its weight in S&P 500 companies | NVIR Horizon Kinetics Energy and Remediation ETF Holds 39 stocks in energy transition and decarbonisation, 42% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | iShares | Horizon Kinetics |
| Theme | Energy transition and decarbonisation | Energy transition and decarbonisation |
| In the S&P 500 | 13.4% | 41.9% |
| Active share vs the S&P 500 | 97.6% | 98.0% |
| In the Nasdaq-100 | 2.9% | 4.2% |
| Holdings | 60 | 39 |
| Top ten, share of the fund | 47.6% | 46.7% |
| Expense ratio | 0.47% | 0.85% |
| Fee for the differing part | 0.48% | 0.87% |
| Total return, 1 year | +1.9% | +25.8% |
| vs the S&P 500 | −14.6 pts | +9.2 pts |
| vs the Nasdaq-100 | −19.8 pts | +4.0 pts |
| Below its high | −22.8% | −4.2% |
| Net assets | $4m | $6m |
ETEC in plain words
By weight, 13% of ETEC's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 48% of the fund across 60 positions, as published by its issuer for Sep 17, 2026. Over the year to Sep 18, 2026 the fund returned +1.9% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 14.6 pts. It sits 22.8% below its all-time high of Jun 3, 2026.
NVIR in plain words
By weight, 42% of NVIR's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 47% of the fund across 39 positions, as filed for Jun 30, 2026. Over the year to Sep 18, 2026 the fund returned +25.8% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 9.2 pts.
Questions people ask
- Do ETEC and NVIR hold the same stocks?
- By their latest filings, 1% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, ETEC or NVIR?
- ETEC has 13% of its weight in S&P 500 names and NVIR has 42%, so NVIR differs more from the index.
- Which is cheaper, ETEC or NVIR?
- ETEC charges 0.47% a year and NVIR charges 0.85%, so ETEC 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.
Cite this page. ETFIQ, ETEC against NVIR, data as of Sep 18, 2026. https://etfiq.com/compare/themes/etec-vs-nvir Free to use with attribution; the underlying files are at Open data.