Data as of Nov 4, 2026.

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Thematic ETFs

EVX vs IQSZ: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, EVX returned +12.8% to IQSZ's +19.3%; 0% of their weight is in the same names.

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Net assets on Nov 3, 2026: $100m for VanEck Environmental Services ETF and $166m for Invesco Global Equity Net Zero ETF.

At a glance
31.0%
EVX in the S&P 500
61.3%
IQSZ in the S&P 500
+12.8%
EVX total return, 1 year
+19.3%
IQSZ total return, 1 year
EVX · 1 year to Nov 4, 2026 69% of its weight is outside the S&P 500
69% of its weight is outside the S&P 50031% of EVX's weight is in S&P 500 companies and 69% is outside the index. Holdings as of Nov 2, 2026.31%69%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 64% of the fund · 26 holdings as published by its issuer for Nov 2, 2026 · Nasdaq-100: 0% in69% of its weight is outside the S&P 50031% of EVX's weight is in S&P 500 companies and 69% is outside the index. Holdings as of Nov 2, 2026.31%69%inoutside the S&P 500active share 100% · Nasdaq-100: 0% in

31% of EVX's weight is in S&P 500 companies and 69% is outside the index. Holdings as of Nov 2, 2026.

IQSZ · 1 year to Nov 4, 2026 39% of its weight is outside the S&P 500
39% of its weight is outside the S&P 50061% of IQSZ's weight is in S&P 500 companies and 39% is outside the index. Holdings as of Nov 3, 2026.61%39%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 50% · top ten 24% of the fund · 468 holdings as published by its issuer for Nov 3, 2026 · Nasdaq-100: 33% in39% of its weight is outside the S&P 50061% of IQSZ's weight is in S&P 500 companies and 39% is outside the index. Holdings as of Nov 3, 2026.61%39%in the S&P 500outsideactive share 50% · Nasdaq-100: 33% in

61% of IQSZ's weight is in S&P 500 companies and 39% is outside the index. Holdings as of Nov 3, 2026.

Pair scorecard

IQSZ costs 0.36 points a year less; their one-year returns differ by 6.5 points; IQSZ is 1.7 times larger.

Points (pts) are percentage points.

EVX vs IQSZ: Holdings Overlap & Returns
MeasureEVXIQSZ
Return
Total return, 1 year+12.8%+19.3%
Against its benchmark
What it tracksEnergy transition and decarbonisationEnergy transition and decarbonisation
Its benchmark, total return, 1 year+15.0%
Against its benchmark, 1 yearahead by 4.3 pts
Cost and size
Expense ratio0.55%0.19%
Net assets, as of Nov 3, 2026$100m$166m
Holdings
Holdings in common0%

Method

What they share

0%

By the books each fund has filed, EVX and IQSZ hold 0% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first EVX IQSZ
Xylem Inc 4.84% 0.07%
Only in one fund ↓
Only in EVX
Ecolab Inc 8.80%
Waste Management Inc 8.53%
Republic Services Inc 7.51%
Waste Connections Inc 7.40%
Veralto Corp 6.04%
Veolia Environnement Sa 5.91%
Tetra Tech Inc 4.89%
Gfl Environmental Inc 4.81%
Only in IQSZ
Apple Inc 5.04%
NVIDIA Corp 3.77%
Microsoft Corp 3.69%
Amazon.com Inc 2.44%
Taiwan Semiconductor Manufacturing Co Ltd 1.94%
Alphabet Inc 1.74%
Broadcom Inc 1.50%
Meta Platforms Inc 1.38%
Check overlap with more funds →

Window by window

Window by window: EVX vs IQSZ: Holdings Overlap & Returns
Total returnvs its benchmark
WindowEVXIQSZEVXIQSZ
3 months+1.0%−1.8%not measured−0.5 pts vs ACWI
6 months+4.5%+3.0%not measured+0.4 pts vs ACWI
1 year+12.8%+19.3%not measured+4.3 pts vs ACWI
3 years+49.8%–not measured–
Since launchNot the same days: EVX Oct 2006 · IQSZ Jul 2025+490.7%+30.1%not measured+5.7 pts vs ACWI

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Side by side

EVX VanEck Environmental Services ETF · Holds 26 stocks in energy transition and decarbonisation, 31% of its weight in S&P 500 companies IQSZ Invesco Global Equity Net Zero ETF · Holds 468 stocks in energy transition and decarbonisation, 61% of its weight in S&P 500 companies
Theme Energy transition and decarbonisation Energy transition and decarbonisation
In the S&P 500 31.0% 61.3%
Active share vs the S&P 500 99.7% 50.0%
In the Nasdaq-100 0.0% 32.9%
Holdings 26 468
Top ten, share of the fund 63.6% 24.0%
Expense ratio 0.55% 0.19%
Fee for the differing part 0.55% 0.38%
Total return, 1 year +12.8% +19.3%
vs its benchmark not measured +4.3 pts vs ACWI
Below its high −1.4% −2.7%
Net assets, as of Nov 3, 2026 $100m $166m

As of Nov 4, 2026. Source: ETFIQ.

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

Client brief:

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About each fund
EVX

By weight, 31% of EVX'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 64% of the fund across 26 positions, as published by its issuer for Nov 3, 2026. Over the year to Nov 4, 2026 the fund returned +12.8% with distributions reinvested.

IQSZ

By weight, 61% of IQSZ's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 50%. The top ten holdings are 24% of the fund across 468 positions, as published by its issuer for Nov 3, 2026. Over the year to Nov 4, 2026 the fund returned +19.3% with distributions reinvested against +15.0% for its benchmark, the MSCI ACWI Index, so a holder was ahead by 4.3 pts.

Questions people ask

Do EVX and IQSZ hold the same stocks?
By their latest filings, 0% 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, EVX or IQSZ?
EVX has 31% of its weight in S&P 500 names and IQSZ has 61%, so EVX differs more from the index.
Which is cheaper, EVX or IQSZ?
EVX charges 0.55% a year and IQSZ charges 0.19%, so IQSZ is cheaper. Fees come from each fund's prospectus.
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ETFIQ, EVX against IQSZ, data as of Nov 4, 2026. https://etfiq.com/compare/themes/evx-vs-iqsz

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