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Data as of Nov 12, 2026.

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HLTH vs LUMA: Holdings Overlap & Returns

Return, fees and overlap, side by side.

Return gap
+25.5 pts
3 months to Nov 12, 2026: HLTH ahead, total return
Fee gap
0.25 pts
A year: HLTH 0.75%, LUMA 1.00%, per filings dated Jul 8, 2026 and Jul 15, 2026
Overlap
0%
Share of the two books held in common, holdings dated Nov 11, 2026
Net flow
–
Needs daily flows for both funds

Pair scorecard

HLTH costs 0.25 points a year less; HLTH is 1.1 times larger.

Points (pts) are percentage points.

HLTH vs LUMA: Holdings Overlap & Returns
MeasureHLTHLUMA
Drawdown
Below its all-time high13.1%, high on Oct 5, 202633.8%, high on Oct 6, 2026
Benchmark
What it tracksArtificial intelligenceAI infrastructure and chips
Cost and size
Expense ratio0.75%1.00%
Net assets, as of Nov 11, 2026$11m$10m
Holdings
Holdings in common0%

Method

Key numbers
24.0%
HLTH in the S&P 500
19.4%
LUMA in the S&P 500
+4.9%
HLTH total return, since launch, Jul 21, 2026
−23.5%
LUMA total return, since launch, Jul 15, 2026
HLTH · 3 months to Nov 12, 2026 76% of its weight is outside the S&P 500
76% of its weight is outside the S&P 50024% of HLTH's weight is in S&P 500 companies and 76% is outside the index. Holdings as of Nov 11, 2026.24%76%in the S&P 500of its weight outside the S&P 500active share 99% · top ten 49% of the fund · 32 holdings as published by its issuer for Nov 11, 2026 · Nasdaq-100: 15% in76% of its weight is outside the S&P 50024% of HLTH's weight is in S&P 500 companies and 76% is outside the index. Holdings as of Nov 11, 2026.24%76%inoutside the S&P 500active share 99% · Nasdaq-100: 15% in

24% of HLTH's weight is in S&P 500 companies and 76% is outside the index. Holdings as of Nov 11, 2026.

LUMA · 3 months to Nov 12, 2026 81% of its weight is outside the S&P 500
81% of its weight is outside the S&P 50019% of LUMA's weight is in S&P 500 companies and 81% is outside the index. Holdings as of Nov 11, 2026.19%81%in the S&P 500of its weight outside the S&P 500active share 99% · top ten 55% of the fund · 27 holdings as published by its issuer for Nov 11, 2026 · Nasdaq-100: 9% in81% of its weight is outside the S&P 50019% of LUMA's weight is in S&P 500 companies and 81% is outside the index. Holdings as of Nov 11, 2026.19%81%inoutside the S&P 500active share 99% · Nasdaq-100: 9% in

19% of LUMA's weight is in S&P 500 companies and 81% is outside the index. Holdings as of Nov 11, 2026.

What they share

0%

By the books each fund has filed, HLTH and LUMA hold 0% of their money in the same securities at the same weight. Holdings dated Nov 11, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first HLTH LUMA
Only in one fund ↓
Only in HLTH
10X GENOMICS INC 5.83%
INTUITIVE SURGICAL INC 5.75%
REVOLUTION MEDICINES INC 5.08%
NATERA INC 4.77%
THERMO FISHER SCIENTIFIC INC 4.75%
CARDINAL HEALTH INC 4.71%
COGENT BIOSCIENCES INC 4.63%
GUARDANT HEALTH INC 4.61%
Only in LUMA
AYAR LABS INC 9.61%
COHERENT CORP 5.72%
MACOM TECHNOLOGY SOLUTIONS H 5.72%
AIXTRON SE 5.65%
LAND MARK OPTOELECTRONICS 5.31%
LUMENTUM HOLDINGS INC 4.74%
EOPTOLINK TECHNOLOGY INC L-A 4.71%
TOWER SEMICONDUCTOR LTD 4.61%
Check overlap with more funds →

Window by window

Window by window: HLTH vs LUMA: Holdings Overlap & Returns
Total returnvs its benchmark
WindowHLTHLUMAHLTHLUMA
3 months−3.5%−29.0%not measured−20.7 pts vs EEM
Since launchNot the same days: HLTH Jul 2026 · LUMA Jul 2026+4.9%−23.5%not measured−16.7 pts vs EEM

Open this comparison in the app →

Side by side

HLTH Tema Healthcare AI ETF · Holds 32 stocks in artificial intelligence, 24% of its weight in S&P 500 companies LUMA KraneShares Photonic and Optical ETF · Holds 27 stocks in aI infrastructure and chips, 19% of its weight in S&P 500 companies
Issuer Tema KraneShares
Theme Artificial intelligence AI infrastructure and chips
In the S&P 500 24.0% 19.4%
Active share vs the S&P 500 99.2% 99.0%
In the Nasdaq-100 14.5% 8.6%
Holdings 32 27
Top ten, share of the fund 49.1% 54.7%
Expense ratio 0.75% 1.00%
Fee for the differing part 0.76% 1.01%
Total return, 1 year +4.9% (since launch, Jul 21, 2026) −23.5% (since launch, Jul 15, 2026)
vs its benchmark not measured −16.7 pts vs EEM (since launch, Jul 15, 2026)
Below its high −13.1% −33.8%
Net assets, as of Nov 11, 2026 $11m $10m

As of Nov 12, 2026. Source: ETFIQ.

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

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About each fund
HLTH

By weight, 24% of HLTH'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 49% of the fund across 32 positions, as published by its issuer for Nov 11, 2026. Since it first traded on Jul 21, 2026 the fund returned +4.9% with distributions reinvested. It sits 13.1% below its all-time high of Oct 5, 2026.

LUMA

By weight, 19% of LUMA'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 55% of the fund across 27 positions, as published by its issuer for Nov 11, 2026. Since it first traded on Jul 15, 2026 the fund returned −23.5% with distributions reinvested. It sits 33.8% below its all-time high of Oct 6, 2026.

Questions people ask

Do HLTH and LUMA 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, HLTH or LUMA?
HLTH has 24% of its weight in S&P 500 names and LUMA has 19%, so HLTH differs more from the index.
Which is cheaper, HLTH or LUMA?
HLTH charges 0.75% a year and LUMA charges 1.00%, so HLTH is cheaper. Fees come from each fund's prospectus.
Other comparisons
HLTH vs IVEPHLTH vs AIHYHLTH vs CGPTHLTH vs AINFLUMA vs AGIQLUMA vs PBOTLUMA vs XALUMA vs WDRN
Where to next
All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →HLTH on its own →LUMA on its own →HLTH holdings →LUMA holdings →Method →Standards and sources →
Sources and dates
HLTH filings on SEC EDGAR ↗
HLTH prospectus with the expense ratio (SEC) ↗
Tema page for HLTH ↗
LUMA filings on SEC EDGAR ↗
LUMA prospectus with the expense ratio (SEC) ↗
KraneShares page for LUMA ↗

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, HLTH against LUMA, data as of Nov 12, 2026. https://etfiq.com/compare/themes/hlth-vs-luma

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

HLTH and LUMA hold 0% of their weight in the same names.

HLTH on its own →LUMA on its own →
Growth of 100

HLTH and LUMA

Total return, distributions reinvested, 3 months.

HLTH −3.5%LUMA −29.0%
Aug 13, 2026Nov 12, 2026

HLTH −3.5%, LUMA −29.0%: HLTH +25.5 pts ahead, 3 months, Aug 13, 2026 to Nov 12, 2026.