Data as of .
HLTH vs PBOT: which is really different?
HLTH and PBOT hold 1% of their weight in the same names.
ETFIQ Off-Index Score: HLTH 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
1% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, HLTH and PBOT hold 1% of their money in the same securities at the same weight.
| Holding | HLTH | PBOT |
|---|---|---|
| INTUITIVE SURGICAL INC | 4.36% | 1.41% |
| Only in HLTH | Only in PBOT |
|---|---|
| 10X GENOMICS INC 7.67% | ALPHABET INC-CL A 6.86% |
| TWIST BIOSCIENCE CORP 6.52% | KLA CORP 6.36% |
| ILLUMINA INC 5.44% | TAIWAN SEMICONDUCTOR-SP ADR 6.34% |
| NATERA INC 5.11% | BROADCOM INC 6.33% |
| CYTOKINETICS INC 4.61% | ASML HOLDING NV /EUR/ 5.77% |
| REVOLUTION MEDICINES INC 4.28% | SNOWFLAKE INC 4.73% |
| VERTEX PHARMACEUTICALS INC 4.08% | CROWDSTRIKE HOLDINGS INC - A 4.64% |
| COGENT BIOSCIENCES INC 4.04% | PALO ALTO NETWORKS INC 4.57% |
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 Sep 18, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| HLTH | PBOT | HLTH | PBOT | HLTH | PBOT | |
| 3 months | not published | +1.0% | not published | −1.2 pts | not published | +3.5 pts |
| 6 months | not published | +39.5% | not published | +21.4 pts | not published | +15.2 pts |
| Since launch | +15.8% | +34.6% | +13.7 pts | +18.0 pts | +14.0 pts | +13.9 pts |
| HLTH Tema Healthcare AI ETF Holds 32 stocks in artificial intelligence, 19% of its weight in S&P 500 companies | PBOT Pictet AI & Automation ETF Holds 44 stocks in artificial intelligence, 61% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Tema | Pictet |
| Theme | Artificial intelligence | Artificial intelligence |
| In the S&P 500 | 19.2% | 61.0% |
| Active share vs the S&P 500 | 99.2% | 82.1% |
| In the Nasdaq-100 | 11.9% | 52.2% |
| Holdings | 32 | 44 |
| Top ten, share of the fund | 49.9% | 52.6% |
| Expense ratio | 0.75% | 0.70% |
| Fee for the differing part | 0.76% | 0.85% |
| Total return, 1 year | +15.8% (since launch on Jul 21, 2026) | +34.6% (since launch on Oct 16, 2025) |
| vs the S&P 500 | +13.7 pts | +18.0 pts |
| vs the Nasdaq-100 | +14.0 pts | +13.9 pts |
| Below its high | −2.1% | −3.8% |
| Net assets | not published | $14m |
HLTH in plain words
By weight, 19% 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 50% of the fund across 32 positions, as published by its issuer for Sep 18, 2026. Since it launched on Jul 21, 2026 the fund returned +15.8% with distributions reinvested against +2.0% for the S&P 500, so a holder was ahead by 13.7 pts.
PBOT in plain words
By weight, 61% of PBOT's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 82%. The top ten holdings are 53% of the fund across 44 positions, as filed for Jun 30, 2026. Since it launched on Oct 16, 2025 the fund returned +34.6% with distributions reinvested against +16.5% for the S&P 500, so a holder was ahead by 18.0 pts.
Questions people ask
- Do HLTH and PBOT hold the same stocks?
- By their latest filings, 1% 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, HLTH or PBOT?
- HLTH has 19% of its weight in S&P 500 names and PBOT has 61%, so HLTH differs more from the index.
- Which is cheaper, HLTH or PBOT?
- HLTH charges 0.75% a year and PBOT charges 0.70%, so PBOT 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, HLTH against PBOT, data as of Sep 18, 2026. https://etfiq.com/compare/themes/hlth-vs-pbot Free to use with attribution; the underlying files are at Open data.