Data as of .
ETHO vs USNZ: which is really different?
ETHO and USNZ hold 10% of their weight in the same names, and ETHO returned more over the year.
ETFIQ Off-Index Score: ETHO 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
10% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, ETHO and USNZ hold 10% of their money in the same securities at the same weight.
| Holding | ETHO | USNZ |
|---|---|---|
| QUALCOMM Inc | 0.41% | 0.52% |
| Texas Instruments Inc | 0.41% | 0.55% |
| Apple Inc | 0.40% | 8.72% |
| Microsoft Corp | 0.40% | 6.40% |
| NVIDIA Corp | 0.38% | 9.67% |
| Alphabet Inc | 0.36% | 4.02% |
| Analog Devices Inc | 0.36% | 0.42% |
| KLA CORP | 0.36% | 0.50% |
| Visa Inc | 0.36% | 0.88% |
| Arista Networks Inc | 0.49% | 0.35% |
| Mastercard Inc | 0.34% | 0.63% |
| American Water Works Co Inc | 0.30% | 0.47% |
| Only in ETHO | Only in USNZ |
|---|---|
| MaxLinear Inc 1.38% | AMAZON.COM INC 4.15% |
| 10X Genomics Inc 1.07% | ALPHABET INC 3.38% |
| Corcept Therapeutics Inc 0.81% | BROADCOM INC 3.37% |
| SELLAS Life Sciences Group Inc 0.80% | META PLATFORMS INC 2.39% |
| Personalis Inc 0.76% | TESLA INC 2.06% |
| Aehr Test Systems 0.75% | MICRON TECHNOLOGY INC 1.91% |
| Semtech Corp 0.71% | ELI LILLY & COMPANY 1.54% |
| Okta Inc 0.69% | ADVANCED MICRO DEVICES INC 1.48% |
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 May 29, 2026 and Sep 21, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| ETHO | USNZ | ETHO | USNZ | ETHO | USNZ | |
| 3 months | +2.2% | +2.5% | −0.1 pts | +0.3 pts | +4.7 pts | +5.0 pts |
| 6 months | +22.1% | +21.1% | +4.1 pts | +3.1 pts | −2.1 pts | −3.1 pts |
| 1 year | +23.7% | +16.8% | +7.2 pts | +0.2 pts | +2.0 pts | −5.0 pts |
| 3 years | not published | +77.0% | not published | −1.4 pts | not published | −21.2 pts |
| Since launch | +44.9% | +108.4% | −15.2 pts | −3.2 pts | −25.9 pts | −52.3 pts |
| ETHO Amplify Etho Climate Leadership U.S. ETF Holds 287 stocks in energy transition and decarbonisation, 26% of its weight in S&P 500 companies | USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF Holds 306 stocks in energy transition and decarbonisation, 98% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Amplify | Xtrackers |
| Theme | Energy transition and decarbonisation | Energy transition and decarbonisation |
| In the S&P 500 | 25.6% | 97.9% |
| Active share vs the S&P 500 | 90.9% | 23.0% |
| In the Nasdaq-100 | 8.0% | 62.8% |
| Holdings | 287 | 306 |
| Top ten, share of the fund | 8.2% | 46.1% |
| Expense ratio | 0.45% | 0.10% |
| Fee for the differing part | 0.50% | 0.43% |
| Total return, 1 year | +23.7% | +16.8% |
| vs the S&P 500 | +7.2 pts | +0.2 pts |
| vs the Nasdaq-100 | +2.0 pts | −5.0 pts |
| Below its high | −5.1% | −1.4% |
| Net assets | $191m | $298m |
ETHO in plain words
By weight, 26% of ETHO's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 91%. The top ten holdings are 8% of the fund across 287 positions, as published by its issuer for Sep 21, 2026. Over the year to Sep 18, 2026 the fund returned +23.7% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 7.2 pts. It sits 5.1% below its all-time high of Aug 14, 2026.
USNZ in plain words
By weight, 98% of USNZ's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 23%. The top ten holdings are 46% of the fund across 306 positions, as filed for May 29, 2026. Over the year to Sep 18, 2026 the fund returned +16.8% with distributions reinvested against +16.6% for the S&P 500, so a holder was about even.
Questions people ask
- Do ETHO and USNZ hold the same stocks?
- By their latest filings, 10% 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, ETHO or USNZ?
- ETHO has 26% of its weight in S&P 500 names and USNZ has 98%, so ETHO differs more from the index.
- Which is cheaper, ETHO or USNZ?
- ETHO charges 0.45% a year and USNZ charges 0.10%, so USNZ 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, ETHO against USNZ, data as of Sep 18, 2026. https://etfiq.com/compare/themes/etho-vs-usnz Free to use with attribution; the underlying files are at Open data.