Do IETC and NSI hold the same stocks?

By their latest filings, 0% 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, IETC or NSI?

IETC has 86% of its weight in S&P 500 names and NSI has 0%, so NSI differs more from the index.

Which is cheaper, IETC or NSI?

IETC charges 0.18% a year and NSI charges 0.75%, so IETC is cheaper. Fees come from each fund's prospectus.

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IETC vs NSI: which is really different?

IETC and NSI hold 0% of their weight in the same names, and NSI returned +19.6% over the year. iShares U.S. Tech Independence Focused ETF and National Security Emerging Markets Index ETF.

85.5%

IETC in the S&P 500

0.0%

NSI in the S&P 500

+12.4%

IETC total return, 1 year

+19.6%

NSI total return, 1 year

IETC · 1 year to Sep 30, 202615% of its weight is outside the S&P 500

86% of IETC's weight is in S&P 500 companies and 15% is outside the index

NSI · 1 year to Sep 30, 2026100% of its weight is outside the S&P 500

0% of NSI's weight is in S&P 500 companies and 100% is outside the index

ETFIQ Off-Index Score · NSI scores higherHow much of it is not the index it is sold as an alternative to?

IETC 1.5

NSI 92

0.1, the lowest in this set92.0, the highest

A percentile among the 375 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 →

What they hold in common

By the books each fund has filed, IETC and NSI hold 0% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026 and Sep 30, 2026.

50%

half

0% in common

Positions both hold, largest shared weight first

Holding IETC NSI

Only in IETC

NVIDIA 13.59%

BROADCOM INC 7.31%

ADVANCED MICRO DEVICES 6.02%

MICRON TECHNOLOGY 5.67%

APPLE 3.71%

ALPHABET CLASS A 2.85%

LAM RESEARCH 2.78%

PALANTIR TECHNOLOGIES CLASS A 2.71%

Only in NSI

TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD 16.59%

SAMSUNG ELECTRONICS CO LTD 9.48%

HON HAI PRECISION INDUSTRY COMPANY LTD 3.81%

ASE TECHNOLOGY HOLDING CO LTD 3.75%

CHINA CONSTRUCTION BANK CORP 3.54%

PING AN INSURANCE (GROUP) COMPANY OF CHINA LTD 2.56%

PDD HOLDINGS INC 2.55%

NASPERS LTD 2.31%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

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

Performance, window by window

	Total return		vs the S&P 500		vs the Nasdaq-100
Window	IETC	NSI	IETC	NSI	IETC	NSI
3 months	+7.9%	+1.1%	+5.4 pts	−1.4 pts	+5.8 pts	−1.0 pts
6 months	+28.3%	+7.5%	+11.3 pts	−9.5 pts	+1.4 pts	−19.4 pts
1 year	+12.4%	+19.6%	−3.3 pts	+3.9 pts	−11.4 pts	−4.1 pts
3 years	+117.6%	not published	+32.6 pts	not published	+7.6 pts	not published
Since launch IETC Mar 2018 · NSI Dec 2023	+404.9%	+60.4%	+168.6 pts	−12.2 pts	+11.6 pts	−32.3 pts

IETC and NSI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

IETC

iShares U.S. Tech Independence Focused ETF · Holds 112 stocks in energy security and critical technology, 86% of its weight in S&P 500 companies

NSI

National Security Emerging Markets Index ETF · Holds 104 stocks in energy security and critical technology, 0% of its weight in S&P 500 companies

Issuer iShares Tuttle

Theme Energy security and critical technology Energy security and critical technology

In the S&P 500 85.5% 0.0%

Active share vs the S&P 500 62.6% 100.0%

In the Nasdaq-100 69.1% 4.2%

Holdings 112 104

Top ten, share of the fund 49.7% 49.0%

Expense ratio 0.18% 0.75%

Fee for the differing part 0.29% 0.75%

Total return, 1 year +12.4% +19.6%

vs the S&P 500 −3.3 pts +3.9 pts

vs the Nasdaq-100 −11.4 pts −4.1 pts

Below its high −3.3% −4.4%

Net assets $719m $42m

IETC and NSI on the same fields, as of Sep 30, 2026. Source: ETFIQ.

IETC in plain words

By weight, 86% of IETC's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 63%. The top ten holdings are 50% of the fund across 112 positions, as published by its issuer for Sep 30, 2026. Over the year to Sep 30, 2026 the fund returned +12.4% with distributions reinvested against +15.7% for the S&P 500, so a holder was behind by 3.3 pts.

NSI in plain words

By weight, 0% of NSI'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 49% of the fund across 104 positions, as filed for May 31, 2026. Over the year to Sep 30, 2026 the fund returned +19.6% with distributions reinvested against +15.7% for the S&P 500, so a holder was ahead by 3.9 pts.

Questions people ask

Do IETC and NSI hold the same stocks?: By their latest filings, 0% 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, IETC or NSI?: IETC has 86% of its weight in S&P 500 names and NSI has 0%, so NSI differs more from the index.
Which is cheaper, IETC or NSI?: IETC charges 0.18% a year and NSI charges 0.75%, so IETC is cheaper. Fees come from each fund's prospectus.

Other comparisons

IETC vs CRTC IETC vs DRES IETC vs TSES NSI vs CRTC NSI vs DRES NSI vs TSES

IETC on its own →NSI on its own →How every figure is computed →Standards and sources →

Where these figures came from

IETC filings on SEC EDGAR ↗IETC prospectus with the expense ratio (SEC) ↗iShares page for IETC ↗NSI filings on SEC EDGAR ↗NSI prospectus with the expense ratio (SEC) ↗Tuttle website ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, IETC against NSI, data as of Sep 30, 2026. https://etfiq.com/compare/themes/ietc-vs-nsi

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.