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Data as of Nov 4, 2026.

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Thematic ETFs

HLTH vs TCAI: Holdings Overlap & Returns

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

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Net assets: $12m on Nov 3, 2026 for Tema Healthcare AI ETF, and $230m on Aug 31, 2026 for Tortoise AI Infrastructure ETF.

HLTH on its own →TCAI on its own →
At a glance
23.9%
HLTH in the S&P 500
60.4%
TCAI in the S&P 500
+13.6%
HLTH total return, since launch, Jul 21, 2026
+7.5%
TCAI total return, 1 year
HLTH · 3 months to Nov 4, 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 3, 2026.24%76%in the S&P 500of its weight outside the S&P 500active share 99% · top ten 50% of the fund · 32 holdings as published by its issuer for Nov 3, 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 3, 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 3, 2026.

TCAI · 1 year to Nov 4, 2026 40% of its weight is outside the S&P 500
40% of its weight is outside the S&P 50060% of TCAI's weight is in S&P 500 companies and 40% is outside the index. Holdings as of Aug 31, 2026.60%40%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 93% · top ten 43% of the fund · 46 holdings as filed for Aug 31, 2026 · Nasdaq-100: 26% in40% of its weight is outside the S&P 50060% of TCAI's weight is in S&P 500 companies and 40% is outside the index. Holdings as of Aug 31, 2026.60%40%in the S&P 500outsideactive share 93% · Nasdaq-100: 26% in

60% of TCAI's weight is in S&P 500 companies and 40% is outside the index. Holdings as of Aug 31, 2026.

Pair scorecard

TCAI costs 0.10 points a year less.

HLTH vs TCAI: Holdings Overlap & Returns
MeasureHLTHTCAI
Return
Total return, 1 yearnot published+7.5%
Drawdown
Below its all-time high5.9%, high on Oct 5, 202639.3%, high on Jun 22, 2026
Benchmark
What it tracksArtificial intelligenceAI infrastructure and chips
Cost and size
Expense ratio0.75%0.65%
Net assets, HLTH as of Nov 3, 2026 and TCAI as of Aug 31, 2026$12m$230m
Holdings
Holdings in common0%

Method

What they share

0%

By the books each fund has filed, HLTH and TCAI hold 0% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Nov 3, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first HLTH TCAI
Only in one fund ↓
Only in HLTH
10X GENOMICS INC 5.87%
INTUITIVE SURGICAL INC 5.82%
REVOLUTION MEDICINES INC 5.06%
NATERA INC 4.98%
THERMO FISHER SCIENTIFIC INC 4.92%
TWIST BIOSCIENCE CORP 4.86%
CYTOKINETICS INC 4.84%
VERTEX PHARMACEUTICALS INC 4.70%
Only in TCAI
Dell Technologies Inc 6.37%
Vertiv Holdings Co 5.59%
Micron Technology Inc 5.29%
Sandisk Corp 4.25%
Ciena Corp 4.01%
Seagate Technology Holdings PL 3.83%
Quanta Services Inc 3.64%
nVent Electric PLC 3.42%
Check overlap with more funds →

Window by window

Window by window: HLTH vs TCAI: Holdings Overlap & Returns
Total return
WindowHLTHTCAI
3 months+7.7%−25.9%
6 months–−28.8%
1 year–+7.5%
Since launchNot the same days: HLTH Jul 2026 · TCAI Aug 2025+13.6%+40.4%

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Side by side

HLTH Tema Healthcare AI ETF · Holds 32 stocks in artificial intelligence, 24% of its weight in S&P 500 companies TCAI Tortoise AI Infrastructure ETF · Holds 46 stocks in aI infrastructure and chips, 60% of its weight in S&P 500 companies
Issuer Tema Tortoise
Theme Artificial intelligence AI infrastructure and chips
In the S&P 500 23.9% 60.4%
Active share vs the S&P 500 99.2% 93.3%
In the Nasdaq-100 14.6% 25.7%
Holdings 32 46
Top ten, share of the fund 50.1% 42.6%
Expense ratio 0.75% 0.65%
Fee for the differing part 0.76% 0.70%
Total return, 1 year +13.6% (since launch, Jul 21, 2026) +7.5%
vs its benchmark not measured not measured
Below its high −5.9% −39.3%
Net assets, HLTH as of Nov 3, 2026 and TCAI as of Aug 31, 2026 $12m $230m

As of Nov 4, 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 50% of the fund across 32 positions, as published by its issuer for Nov 3, 2026. Since it first traded on Jul 21, 2026 the fund returned +13.6% with distributions reinvested. It sits 5.9% below its all-time high of Oct 5, 2026.

TCAI

By weight, 60% of TCAI's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 93%. The top ten holdings are 43% of the fund across 46 positions, as filed for Aug 31, 2026. Over the year to Nov 4, 2026 the fund returned +7.5% with distributions reinvested. It sits 39.3% below its all-time high of Jun 22, 2026.

Questions people ask

Do HLTH and TCAI 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 TCAI?
HLTH has 24% of its weight in S&P 500 names and TCAI has 60%, so HLTH differs more from the index.
Which is cheaper, HLTH or TCAI?
HLTH charges 0.75% a year and TCAI charges 0.65%, so TCAI is cheaper. Fees come from each fund's prospectus.
Other comparisons
HLTH vs IVEPHLTH vs AIHYHLTH vs AINFHLTH vs AIPOTCAI vs AGIQTCAI vs PBOTTCAI vs XATCAI 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 →TCAI on its own →HLTH holdings →TCAI dividend history →TCAI holdings →Method →Standards and sources →
Sources and dates
HLTH filings on SEC EDGAR ↗
HLTH prospectus with the expense ratio (SEC) ↗
Tema page for HLTH ↗
TCAI filings on SEC EDGAR ↗
TCAI prospectus with the expense ratio (SEC) ↗
Tortoise 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.

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ETFIQ, HLTH against TCAI, data as of Nov 4, 2026. https://etfiq.com/compare/themes/hlth-vs-tcai

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