Data as of .
FDTX vs TNXT: which is really different?
FDTX and TNXT hold 23% of their weight in the same names.
ETFIQ Off-Index Score: FDTX 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
23% 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 TNXT hold 23% of their money in the same securities at the same weight.
| Holding | FDTX | TNXT |
|---|---|---|
| NVIDIA CORP | 4.64% | 7.23% |
| AMAZON.COM INC | 4.02% | 3.02% |
| MICROSOFT CORP | 3.80% | 2.67% |
| ALPHABET INC | 3.67% | 2.28% |
| MICRON TECHNOLOGY INC | 9.40% | 1.86% |
| META PLATFORMS INC | 2.85% | 1.47% |
| TAIWAN SEMICONDUCTOR MFG CO LTD | 6.02% | 1.22% |
| APPLE INC | 1.19% | 4.61% |
| BROADCOM INC | 0.79% | 2.76% |
| MARVELL TECHNOLOGY INC | 8.09% | 0.46% |
| CROWDSTRIKE HOLDINGS INC | 1.24% | 0.46% |
| CORNING INC | 1.59% | 0.45% |
| Only in FDTX | Only in TNXT |
|---|---|
| MEDIATEK INC 4.62% | ALPHABET INC CL A 2.57% |
| SEAGATE TECHNOLOGY HOLDINGS PLC 4.06% | ADVANCED MICRO DEVICES 2.53% |
| WESTERN DIGITAL CORP 4.01% | INTEL CORP 2.13% |
| COHERENT CORP 3.76% | ELI LILLY & CO 1.99% |
| PALANTIR TECHNOLOGIES INC 2.88% | TESLA INC 1.80% |
| BE SEMICONDUCTOR INDUSTRIES NV 2.26% | VISA INC-CLASS A SHARES 1.45% |
| TWILIO INC 2.09% | MASTERCARD INC - A 1.14% |
| CLOUDFLARE INC 2.06% | BLOCK INC 1.02% |
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 Jun 30, 2026 and May 31, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| FDTX | TNXT | FDTX | TNXT | FDTX | TNXT | |
| 3 months | −3.8% | +3.8% | −6.1 pts | +1.6 pts | −1.4 pts | +6.3 pts |
| 6 months | +48.4% | +27.4% | +30.4 pts | +9.3 pts | +24.2 pts | +3.1 pts |
| 1 year | +37.2% | not published | +20.7 pts | not published | +15.5 pts | not published |
| 3 years | +129.7% | not published | +51.3 pts | not published | +31.5 pts | not published |
| Since launch | +118.3% | +14.5% | +35.0 pts | +3.9 pts | +14.5 pts | −0.4 pts |
| FDTX Fidelity Disruptive Technology ETF Holds 39 stocks in broad innovation and megatrends, 71% of its weight in S&P 500 companies | TNXT T. Rowe Price Innovation Leaders ETF Holds 272 stocks in broad innovation and megatrends, 64% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Fidelity | T. Rowe Price |
| Theme | Broad innovation and megatrends | Broad innovation and megatrends |
| In the S&P 500 | 71.1% | 64.3% |
| Active share vs the S&P 500 | 75.4% | 51.6% |
| In the Nasdaq-100 | 65.8% | 46.9% |
| Holdings | 39 | 272 |
| Top ten, share of the fund | 52.4% | 31.8% |
| Expense ratio | 0.50% | 0.49% |
| Fee for the differing part | 0.66% | 0.95% |
| Total return, 1 year | +37.2% | +14.5% (since launch on Jan 29, 2026) |
| vs the S&P 500 | +20.7 pts | +3.9 pts |
| vs the Nasdaq-100 | +15.5 pts | −0.4 pts |
| Below its high | −4.5% | −1.4% |
| Net assets | $288m | $18m |
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.
TNXT in plain words
By weight, 64% of TNXT's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 52%. The top ten holdings are 32% of the fund across 272 positions, as filed for Jun 30, 2026. Since it launched on Jan 29, 2026 the fund returned +14.5% with distributions reinvested against +10.6% for the S&P 500, so a holder was ahead by 3.9 pts.
Questions people ask
- Do FDTX and TNXT hold the same stocks?
- By their latest filings, 23% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, FDTX or TNXT?
- FDTX has 71% of its weight in S&P 500 names and TNXT has 64%, so FDTX differs more from the index.
- Which is cheaper, FDTX or TNXT?
- FDTX charges 0.50% a year and TNXT charges 0.49%, so TNXT 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 TNXT, data as of Sep 18, 2026. https://etfiq.com/compare/themes/fdtx-vs-tnxt Free to use with attribution; the underlying files are at Open data.