Do EVMT and ION hold the same stocks?

By their latest filings, 0% 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, EVMT or ION?

EVMT has 0% of its weight in S&P 500 names and ION has 3%, so EVMT differs more from the index.

Which is cheaper, EVMT or ION?

EVMT charges 0.59% a year and ION charges 0.58%, so ION is cheaper. Fees come from each fund's prospectus.

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EVMT vs ION: which is really different?

EVMT and ION hold 0% of their weight in the same names, and EVMT returned +20.8% over the year. Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF and ProShares S&P Global Core Battery Metals ETF.

0.0%

EVMT in the S&P 500

2.6%

ION in the S&P 500

+20.8%

EVMT total return, 1 year

+18.9%

ION total return, 1 year

EVMT · 1 year to Sep 30, 2026100% of its weight is outside the S&P 500

0% of EVMT's weight is in S&P 500 companies and 100% is outside the index

ION · 1 year to Sep 30, 202697% of its weight is outside the S&P 500

3% of ION's weight is in S&P 500 companies and 97% is outside the index

ETFIQ Off-Index Score · EVMT scores higherHow much of it is not the index it is sold as an alternative to?

EVMT 92

ION 92

0.1, the lowest in this set92.0, the highest

A percentile among the 375 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 →

What they hold in common

By the books each fund has filed, EVMT and ION hold 0% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 30, 2026.

50%

half

0% in common

Positions both hold, largest shared weight first

Holding EVMT ION

Only in EVMT

Invesco Premier US Government Money Portfolio 79.76%

POWERSHARES CAYMAN FUND 20.24%

Only in ION

PACIFIC METALS CO LTD 5.04%

IGO LTD 3.74%

PT TIMAH (PERSERO) TBK 3.55%

VALE INDONESIA TBK 3.39%

SIGMA LITHIUM CORP 3.19%

ERAMET 2.93%

TIBET MINERAL DEVELOPMENT-A 2.93%

PLS GROUP LTD 2.90%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

0% of the two portfolios are the same securities at the same weight.

Performance, window by window

	Total return		vs the S&P 500		vs the Nasdaq-100
Window	EVMT	ION	EVMT	ION	EVMT	ION
3 months	+0.7%	−10.4%	−1.8 pts	−12.9 pts	−1.4 pts	−12.5 pts
6 months	−2.4%	−19.6%	−19.4 pts	−36.6 pts	−29.3 pts	−46.5 pts
1 year	+20.8%	+18.9%	+5.1 pts	+3.1 pts	−3.0 pts	−4.9 pts
3 years	+12.4%	+48.5%	−72.6 pts	−36.5 pts	−97.6 pts	−61.5 pts
Since launch EVMT Apr 2022 · ION Dec 2022	−27.4%	+16.1%	−122.1 pts	−81.1 pts	−167.1 pts	−141.7 pts

EVMT and ION over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

EVMT

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF · Holds 2 stocks in electric vehicles and batteries, 0% of its weight in S&P 500 companies

ION

ProShares S&P Global Core Battery Metals ETF · Holds 53 stocks in lithium and battery metals, 3% of its weight in S&P 500 companies

Issuer Invesco ProShares

Theme Electric vehicles and batteries Lithium and battery metals

In the S&P 500 0.0% 2.6%

Active share vs the S&P 500 100.0% 100.0%

In the Nasdaq-100 0.0% 0.0%

Holdings 2 53

Top ten, share of the fund 100.0% 33.4%

Expense ratio 0.59% 0.58%

Fee for the differing part 0.59% 0.58%

Total return, 1 year +20.8% +18.9%

vs the S&P 500 +5.1 pts +3.1 pts

vs the Nasdaq-100 −3.0 pts −4.9 pts

Below its high −28.6% −32.9%

Net assets $7m $12m

EVMT and ION on the same fields, as of Sep 30, 2026. Source: ETFIQ.

EVMT in plain words

By weight, 0% of EVMT's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 100% of the fund across 2 positions, as published by its issuer for Sep 30, 2026. Over the year to Sep 30, 2026 the fund returned +20.8% with distributions reinvested against +15.7% for the S&P 500, so a holder was ahead by 5.1 pts. It sits 28.6% below its all-time high of Apr 27, 2022.

ION in plain words

By weight, 3% of ION's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 33% of the fund across 53 positions, as published by its issuer for Sep 30, 2026. Over the year to Sep 30, 2026 the fund returned +18.9% with distributions reinvested against +15.7% for the S&P 500, so a holder was ahead by 3.1 pts. It sits 32.9% below its all-time high of May 6, 2026.

Questions people ask

Do EVMT and ION hold the same stocks?: By their latest filings, 0% 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, EVMT or ION?: EVMT has 0% of its weight in S&P 500 names and ION has 3%, so EVMT differs more from the index.
Which is cheaper, EVMT or ION?: EVMT charges 0.59% a year and ION charges 0.58%, so ION is cheaper. Fees come from each fund's prospectus.

Other comparisons

EVMT vs ILIT EVMT vs LITP EVMT vs WATS EVMT vs BATT ION vs KARS ION vs LIMI ION vs LIT ION vs LITP

EVMT on its own →ION on its own →How every figure is computed →Standards and sources →

Where these figures came from

EVMT filings on SEC EDGAR ↗EVMT prospectus with the expense ratio (SEC) ↗Invesco page for EVMT ↗ION filings on SEC EDGAR ↗ION prospectus with the expense ratio (SEC) ↗ProShares page for ION ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, EVMT against ION, data as of Sep 30, 2026. https://etfiq.com/compare/themes/evmt-vs-ion

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.