IQ

Data as of Nov 4, 2026.

vsOpen in the appCompare their flowsaskIQ about these two fundsAsk the committee about these two funds
Thematic ETFs

FDFF vs LENS: Holdings Overlap & Returns

Share
Share on XDownload as PDF

Over the year to Nov 4, 2026, FDFF returned +9.3% to LENS's +28.3%; 0% of their weight is in the same names.

askIQ about this page

askIQ about FDFF and LENS

Net assets: $43m on Sep 30, 2026 for Fidelity Disruptive Finance ETF, and $67m on Aug 31, 2026 for Sarmaya Thematic ETF.

FDFF on its own →LENS on its own →
At a glance
43.4%
FDFF in the S&P 500
16.0%
LENS in the S&P 500
+9.3%
FDFF total return, 1 year
+28.3%
LENS total return, 1 year
FDFF · 1 year to Nov 4, 2026 57% of its weight is outside the S&P 500
57% of its weight is outside the S&P 50043% of FDFF's weight is in S&P 500 companies and 57% is outside the index. Holdings as of Aug 31, 2026.43%57%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 98% · top ten 46% of the fund · 46 holdings as filed for Aug 31, 2026 · Nasdaq-100: 1% in57% of its weight is outside the S&P 50043% of FDFF's weight is in S&P 500 companies and 57% is outside the index. Holdings as of Aug 31, 2026.43%57%in the S&P 500outside the S&P 500active share 98% · Nasdaq-100: 1% in

43% of FDFF's weight is in S&P 500 companies and 57% is outside the index. Holdings as of Aug 31, 2026.

LENS · 1 year to Nov 4, 2026 84% of its weight is outside the S&P 500
84% of its weight is outside the S&P 50016% of LENS's weight is in S&P 500 companies and 84% is outside the index. Holdings as of Aug 31, 2026.16%84%in the S&P 500of its weight outside the S&P 500active share 99% · top ten 40% of the fund · 45 holdings as filed for Aug 31, 2026 · Nasdaq-100: 2% in84% of its weight is outside the S&P 50016% of LENS's weight is in S&P 500 companies and 84% is outside the index. Holdings as of Aug 31, 2026.16%84%inof its weight outside the S&P 500active share 99% · Nasdaq-100: 2% in

16% of LENS's weight is in S&P 500 companies and 84% is outside the index. Holdings as of Aug 31, 2026.

Pair scorecard

FDFF costs 0.29 points a year less; their one-year returns differ by 19.0 points; LENS is 1.4 times larger.

Points (pts) are percentage points.

FDFF vs LENS: Holdings Overlap & Returns
MeasureFDFFLENS
Return
Total return, 1 year+9.3%+28.3%
Drawdown
Below its all-time high17.6%, high on Feb 27, 2026
Against its benchmark
What it tracksBroad innovation and megatrendsBroad innovation and megatrends
Its benchmark, total return, 1 year+14.3%
Against its benchmark, 1 yearahead by 14.0 pts
Cost and size
Expense ratio0.50%0.79%
Net assets, as of Aug 31, 2026$47m$67m
Holdings
Holdings in common0%

Method

What they share

0%

By the books each fund has filed, FDFF and LENS hold 0% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first FDFF LENS
Only in one fund ↓
Only in FDFF
BLACKROCK INC 5.82%
CAPITAL ONE FINANCIAL CORP 5.44%
BANKINTER SA 4.94%
FINECOBANK SPA 4.47%
VISA INC 4.42%
CHIME FINANCIAL INC 4.38%
MASTERCARD INC 4.36%
DBS GROUP HOLDINGS LTD 4.32%
Only in LENS
SPDR Gold MiniShares Trust 8.14%
iShares Gold Trust Micro 5.23%
Chevron Corp 4.38%
ExxonMobil Holdings Corp 4.30%
Kinross Gold Corp 3.70%
iShares Silver Trust 3.41%
Agnico Eagle Mines Ltd 3.09%
Gold Fields Ltd 3.05%
Check overlap with more funds →

Window by window

Window by window: FDFF vs LENS: Holdings Overlap & Returns
Total returnvs its benchmark
WindowFDFFLENSFDFFLENS
3 months+2.4%−0.5%not measured−0.3 pts vs BKLC
6 months+11.1%−7.8%not measured−12.7 pts vs BKLC
1 year+9.3%+28.3%not measured+14.0 pts vs BKLC
3 years+53.9%–not measured–
Since launchNot the same days: FDFF Jun 2023 · LENS Jan 2025+52.8%+68.9%not measured+39.1 pts vs BKLC

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

Side by side

FDFF Fidelity Disruptive Finance ETF · Holds 46 stocks in broad innovation and megatrends, 43% of its weight in S&P 500 companies LENS Sarmaya Thematic ETF · Holds 45 stocks in broad innovation and megatrends, 16% of its weight in S&P 500 companies
Issuer Fidelity Sarmaya
Theme Broad innovation and megatrends Broad innovation and megatrends
In the S&P 500 43.4% 16.0%
Active share vs the S&P 500 97.5% 98.9%
In the Nasdaq-100 1.4% 1.6%
Holdings 46 45
Top ten, share of the fund 46.4% 40.3%
Expense ratio 0.50% 0.79%
Fee for the differing part 0.51% 0.80%
Total return, 1 year +9.3% +28.3%
vs its benchmark not measured +14.0 pts vs BKLC
Below its high −3.8% −17.6%
Net assets, FDFF as of Sep 30, 2026 and LENS as of Aug 31, 2026 $43m $67m

As of Nov 4, 2026. Source: ETFIQ.

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

Alert

The week's ETF fund flows, by email on Sundays.

One-click unsubscribe. See Privacy.

About each fund
FDFF

By weight, 43% of FDFF'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 46% of the fund across 46 positions, as filed for Aug 31, 2026. Over the year to Nov 4, 2026 the fund returned +9.3% with distributions reinvested.

LENS

By weight, 16% of LENS'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 40% of the fund across 45 positions, as filed for Aug 31, 2026. Over the year to Nov 4, 2026 the fund returned +28.3% with distributions reinvested against +14.3% for its benchmark, the Solactive GBS United States 500 Index, so a holder was ahead by 14.0 pts. It sits 17.6% below its all-time high of Feb 27, 2026.

Questions people ask

Do FDFF and LENS 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, FDFF or LENS?
FDFF has 43% of its weight in S&P 500 names and LENS has 16%, so LENS differs more from the index.
Which is cheaper, FDFF or LENS?
FDFF charges 0.50% a year and LENS charges 0.79%, so FDFF is cheaper. Fees come from each fund's prospectus.
Other comparisons
FDFF vs HTECFDFF vs TEKYFDFF vs THMZFDFF vs FMEDLENS vs QQQJLENS vs FMEDLENS vs THMZLENS vs TEKY
Where to next
All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →FDFF on its own →LENS on its own →FDFF dividend history →FDFF holdings →LENS dividend history →LENS holdings →Method →Standards and sources →
Sources and dates
FDFF filings on SEC EDGAR ↗
FDFF prospectus with the expense ratio (SEC) ↗
Fidelity website ↗
LENS filings on SEC EDGAR ↗
LENS prospectus with the expense ratio (SEC) ↗
Sarmaya page for LENS ↗

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, FDFF against LENS, data as of Nov 4, 2026. https://etfiq.com/compare/themes/fdff-vs-lens

Open data →

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