Do GXDW and INVN 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, GXDW or INVN?

GXDW has 0% of its weight in S&P 500 names and INVN has 32%, so GXDW differs more from the index.

Which is cheaper, GXDW or INVN?

GXDW charges 0.50% a year and INVN charges 0.55%, so GXDW is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Thematic ETFs

GXDW vs INVN: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, GXDW returned −13.8% to INVN's +33.1%; 0% of their weight is in the same names.

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Net assets: $6.0m on Oct 12, 2026 for Global X Dorsey Wright Thematic ETF, and $9.6m on Jun 30, 2026 for Alger Russell Innovation ETF.

GXDW on its own →INVN on its own →

At a glance

0.0%

GXDW in the S&P 500

32.5%

INVN in the S&P 500

−13.8%

GXDW total return, 1 year

+33.1%

INVN total return, 1 year

GXDW · 1 year to Nov 4, 2026 100% of its weight is outside the S&P 500

0% of GXDW's weight is in S&P 500 companies and 100% is outside the index. Holdings as of Aug 31, 2026.

INVN · 1 year to Nov 4, 2026 68% of its weight is outside the S&P 500

33% of INVN's weight is in S&P 500 companies and 68% is outside the index. Holdings as of Jun 30, 2026.

Pair scorecard

GXDW costs 0.05 points a year less; their one-year returns differ by 46.9 points.

GXDW vs INVN: Holdings Overlap & Returns
Measure	GXDW	INVN
Return
Measure	GXDW	INVN
Total return, 1 year	−13.8%	+33.1%
Drawdown
Measure	GXDW	INVN
Below its all-time high	61.7%, high on Feb 10, 2021
Benchmark
Measure	GXDW	INVN
What it tracks	Broad innovation and megatrends	Broad innovation and megatrends
Cost and size
Measure	GXDW	INVN
Expense ratio	0.50%	0.55%
Net assets, GXDW as of Oct 12, 2026 and INVN as of Jun 30, 2026	$6.0m	$9.6m
Active share vs the S&P 500	100%	98%
Holdings
Measure	GXDW	INVN
Holdings in common	0%

Method

What they share

By the books each fund has filed, GXDW and INVN hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Aug 31, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first GXDW INVN

Only in one fund ↓

Only in GXDW

Global X Cybersecurity ETF 21.19%

Global X Lithium & Battery Tech ETF 20.36%

Global X Artificial Intelligence & Technology ETF 20.15%

Global X Hydrogen ETF 19.58%

Global X Internet of Things ETF 18.70%

Only in INVN

ROBLOX CORP 2.57%

ZEBRA TECHNOLOGIES CORP 2.38%

EXPEDIA GROUP INC 2.29%

MAPLEBEAR INC 2.25%

BLOCK INC 2.24%

ZSCALER INC 2.22%

BILL HOLDINGS INC 2.19%

BIOGEN INC 2.18%

Check overlap with more funds →

Window by window

Window by window: GXDW vs INVN: Holdings Overlap & Returns
	Total return
Window	GXDW	INVN
3 months	−4.0%	+9.6%
6 months	−20.3%	+33.7%
1 year	−13.8%	+33.1%
3 years	+7.4%	–
Since launchNot the same days: GXDW Nov 2019 · INVN Jan 2025	−3.6%	+37.1%

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

Side by side

GXDW Global X Dorsey Wright Thematic ETF · Holds 5 stocks in broad innovation and megatrends, 0% of its weight in S&P 500 companies INVN Alger Russell Innovation ETF · Holds 50 stocks in broad innovation and megatrends, 32% of its weight in S&P 500 companies

Issuer Global X Alger

Theme Broad innovation and megatrends Broad innovation and megatrends

In the S&P 500 0.0% 32.5%

Active share vs the S&P 500 100.0% 98.5%

In the Nasdaq-100 0.0% 7.6%

Holdings 5 50

Top ten, share of the fund 100.0% 22.6%

Expense ratio 0.50% 0.55%

Fee for the differing part 0.50% 0.56%

Total return, 1 year −13.8% +33.1%

vs its benchmark not measured not measured

Below its high −61.7% −0.9%

Net assets, GXDW as of Oct 12, 2026 and INVN as of Jun 30, 2026 $6.0m $9.6m

As of Nov 4, 2026. Source: ETFIQ.

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

Alert

About each fund

GXDW

By weight, 0% of GXDW'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 5 positions, as filed for Aug 31, 2026. Over the year to Nov 4, 2026 the fund returned −13.8% with distributions reinvested. It sits 61.7% below its all-time high of Feb 10, 2021.

INVN

By weight, 32% of INVN'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 23% of the fund across 50 positions, as filed for Jun 30, 2026. Over the year to Nov 4, 2026 the fund returned +33.1% with distributions reinvested.

Questions people ask

Do GXDW and INVN 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, GXDW or INVN?: GXDW has 0% of its weight in S&P 500 names and INVN has 32%, so GXDW differs more from the index.
Which is cheaper, GXDW or INVN?: GXDW charges 0.50% a year and INVN charges 0.55%, so GXDW is cheaper. Fees come from each fund's prospectus.

Other comparisons

GXDW vs BULD GXDW vs DTRE GXDW vs BUYZ GXDW vs TNXT INVN vs BUYZ INVN vs BULD INVN vs ABOT INVN vs XDAT

Where to next

All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →GXDW on its own →INVN on its own →GXDW dividend history →GXDW holdings →INVN dividend history →INVN holdings →Method →Standards and sources →

Sources and dates

GXDW filings on SEC EDGAR ↗

GXDW prospectus with the expense ratio (SEC) ↗

Global X page for GXDW ↗

INVN filings on SEC EDGAR ↗

INVN prospectus with the expense ratio (SEC) ↗

Alger website ↗

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, GXDW against INVN, data as of Nov 4, 2026. https://etfiq.com/compare/themes/gxdw-vs-invn

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