Data as of .
FDTX vs LENS: which is really different?
FDTX and LENS hold 0% of their weight in the same names, and LENS returned more over the year.
ETFIQ Off-Index Score: LENS 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
0% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, FDTX and LENS hold 0% of their money in the same securities at the same weight.
| Only in FDTX | Only in LENS |
|---|---|
| MICRON TECHNOLOGY INC 9.40% | SPDR Gold MiniShares Trust 9.04% |
| MARVELL TECHNOLOGY INC 8.09% | iShares Gold Trust Micro 5.81% |
| TAIWAN SEMICONDUCTOR MFG CO LTD 6.02% | Chevron Corp 4.22% |
| NVIDIA CORP 4.64% | Exxon Mobil Corp 4.22% |
| MEDIATEK INC 4.62% | iShares Silver Trust 4.22% |
| SEAGATE TECHNOLOGY HOLDINGS PLC 4.06% | Kinross Gold Corp 3.96% |
| AMAZON.COM INC 4.02% | Agnico Eagle Mines Ltd 3.03% |
| WESTERN DIGITAL CORP 4.01% | Gold Fields Ltd 2.85% |
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 May 31, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| FDTX | LENS | FDTX | LENS | FDTX | LENS | |
| 3 months | −3.8% | +12.1% | −6.1 pts | +9.9 pts | −1.4 pts | +14.6 pts |
| 6 months | +48.4% | +6.7% | +30.4 pts | −11.3 pts | +24.2 pts | −17.5 pts |
| 1 year | +37.2% | +46.4% | +20.7 pts | +29.8 pts | +15.5 pts | +24.6 pts |
| 3 years | +129.7% | not published | +51.3 pts | not published | +31.5 pts | not published |
| Since launch | +118.3% | +84.9% | +35.0 pts | +55.8 pts | +14.5 pts | +45.4 pts |
| FDTX Fidelity Disruptive Technology ETF Holds 39 stocks in broad innovation and megatrends, 71% of its weight in S&P 500 companies | LENS Sarmaya Thematic ETF Holds 43 stocks in broad innovation and megatrends, 22% 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 | 71.1% | 21.7% |
| Active share vs the S&P 500 | 75.4% | 97.9% |
| In the Nasdaq-100 | 65.8% | 1.7% |
| Holdings | 39 | 43 |
| Top ten, share of the fund | 52.4% | 42.3% |
| Expense ratio | 0.50% | 0.79% |
| Fee for the differing part | 0.66% | 0.81% |
| Total return, 1 year | +37.2% | +46.4% |
| vs the S&P 500 | +20.7 pts | +29.8 pts |
| vs the Nasdaq-100 | +15.5 pts | +24.6 pts |
| Below its high | −4.5% | −9.8% |
| Net assets | $288m | $53m |
FDTX in plain words
By weight, 71% of FDTX's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 75%. The top ten holdings are 52% of the fund across 39 positions, as filed for May 31, 2026. Over the year to Sep 18, 2026 the fund returned +37.2% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 20.7 pts.
LENS in plain words
By weight, 22% of LENS'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 42% of the fund across 43 positions, as filed for May 29, 2026. Over the year to Sep 18, 2026 the fund returned +46.4% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 29.8 pts. It sits 9.8% below its all-time high of Feb 27, 2026.
Questions people ask
- Do FDTX and LENS 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, FDTX or LENS?
- FDTX has 71% of its weight in S&P 500 names and LENS has 22%, so LENS differs more from the index.
- Which is cheaper, FDTX or LENS?
- FDTX charges 0.50% a year and LENS charges 0.79%, so FDTX 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, FDTX against LENS, data as of Sep 18, 2026. https://etfiq.com/compare/themes/fdtx-vs-lens Free to use with attribution; the underlying files are at Open data.