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Data as of Nov 4, 2026.

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Thematic ETFs

ILDR vs INVN: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, ILDR returned +6.6% to INVN's +33.1%; 4% of their weight is in the same names.

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Net assets: $334m on Nov 3, 2026 for First Trust Innovation Leaders ETF, and $9.6m on Jun 30, 2026 for Alger Russell Innovation ETF.

ILDR on its own →INVN on its own →
At a glance
65.5%
ILDR in the S&P 500
32.5%
INVN in the S&P 500
+6.6%
ILDR total return, 1 year
+33.1%
INVN total return, 1 year
ILDR · 1 year to Nov 4, 2026 35% of its weight is outside the S&P 500
35% of its weight is outside the S&P 50066% of ILDR's weight is in S&P 500 companies and 35% is outside the index. Holdings as of Nov 3, 2026.66%35%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 67% · top ten 44% of the fund · 81 holdings as published by its issuer for Nov 3, 2026 · Nasdaq-100: 49% in35% of its weight is outside the S&P 50066% of ILDR's weight is in S&P 500 companies and 35% is outside the index. Holdings as of Nov 3, 2026.66%35%in the S&P 500outsideactive share 67% · Nasdaq-100: 49% in

66% of ILDR's weight is in S&P 500 companies and 35% is outside the index. Holdings as of Nov 3, 2026.

INVN · 1 year to Nov 4, 2026 68% of its weight is outside the S&P 500
68% of its weight is outside the S&P 50033% of INVN's weight is in S&P 500 companies and 68% is outside the index. Holdings as of Jun 30, 2026.33%68%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 99% · top ten 23% of the fund · 50 holdings as filed for Jun 30, 2026 · Nasdaq-100: 8% in68% of its weight is outside the S&P 50033% of INVN's weight is in S&P 500 companies and 68% is outside the index. Holdings as of Jun 30, 2026.33%68%inoutside the S&P 500active share 99% · Nasdaq-100: 8% in

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

INVN costs 0.20 points a year less; their one-year returns differ by 26.5 points.

Points (pts) are percentage points.

ILDR vs INVN: Holdings Overlap & Returns
MeasureILDRINVN
Return
Total return, 1 year+6.6%+33.1%
Drawdown
Below its all-time high12.5%, high on Oct 6, 2026
Against its benchmark
What it tracksBroad innovation and megatrendsBroad innovation and megatrends
Its benchmark, total return, 1 year+14.8%
Against its benchmark, 1 yearbehind by 8.2 pts
Cost and size
Expense ratio0.75%0.55%
Net assets, ILDR as of Nov 3, 2026 and INVN as of Jun 30, 2026$334m$9.6m
Active share vs the S&P 50067%98%
Holdings
Holdings in common4%

Method

What they share

4%

By the books each fund has filed, ILDR and INVN hold 4% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 3, 2026.

0 half 100%

half

4% in common

Positions both hold · largest shared weight first ILDR INVN
Neurocrine Biosciences, Inc. 1.48% 2.06%
Zebra Technologies Corporation 0.77% 2.38%
Block, Inc. (Class A) 0.75% 2.24%
Zscaler, Inc. 0.75% 2.22%
Only in one fund ↓
Only in ILDR
NVIDIA Corporation 9.90%
Amazon.com, Inc. 6.23%
Advanced Micro Devices, Inc. 5.45%
Alphabet Inc. (Class A) 4.20%
Eli Lilly and Company 4.02%
Broadcom Inc. 3.61%
Microsoft Corporation 3.11%
Micron Technology, Inc. 2.56%
Only in INVN
ROBLOX CORP 2.57%
EXPEDIA GROUP INC 2.29%
MAPLEBEAR INC 2.25%
BILL HOLDINGS INC 2.19%
BIOGEN INC 2.18%
CCC INTELLIGENT SOLUTIONS HOLDINGS INC 2.15%
ETSY INC 2.15%
LYFT INC 2.14%
Check overlap with more funds →

Window by window

Window by window: ILDR vs INVN: Holdings Overlap & Returns
Total returnvs its benchmark
WindowILDRINVNILDRINVN
3 months−7.4%+9.6%−7.1 pts vs IWVnot measured
6 months−1.8%+33.7%−6.7 pts vs IWVnot measured
1 year+6.6%+33.1%−8.2 pts vs IWVnot measured
3 years+107.0%–+26.0 pts vs IWV–
Since launchNot the same days: ILDR May 2021 · INVN Jan 2025+75.9%+37.1%−10.3 pts vs IWVnot measured

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

Side by side

ILDR First Trust Innovation Leaders ETF · Holds 81 stocks in broad innovation and megatrends, 66% 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 First Trust Alger
Theme Broad innovation and megatrends Broad innovation and megatrends
In the S&P 500 65.5% 32.5%
Active share vs the S&P 500 66.9% 98.5%
In the Nasdaq-100 48.8% 7.6%
Holdings 81 50
Top ten, share of the fund 44.0% 22.6%
Expense ratio 0.75% 0.55%
Fee for the differing part 1.12% 0.56%
Total return, 1 year +6.6% +33.1%
vs its benchmark −8.2 pts vs IWV not measured
Below its high −12.5% −0.9%
Net assets, ILDR as of Nov 3, 2026 and INVN as of Jun 30, 2026 $334m $9.6m

As of Nov 4, 2026. Source: ETFIQ.

4% of the two portfolios are the same securities at the same weight.

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About each fund
ILDR

Over the year to Nov 4, 2026 the fund returned +6.6% with distributions reinvested against +14.8% for its benchmark, the Russell 3000 Index, so a holder was behind by 8.2 pts.

By weight, 66% of ILDR's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 67%. The top ten holdings are 44% of the fund across 81 positions, as published by its issuer for Nov 3, 2026. It sits 12.5% below its all-time high of Oct 6, 2026.

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 ILDR and INVN hold the same stocks?
By their latest filings, 4% 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, ILDR or INVN?
ILDR has 66% of its weight in S&P 500 names and INVN has 32%, so INVN differs more from the index.
Which is cheaper, ILDR or INVN?
ILDR charges 0.75% a year and INVN charges 0.55%, so INVN is cheaper. Fees come from each fund's prospectus.
Other comparisons
ILDR vs ARKKILDR vs BULDILDR vs DTREILDR vs BUYZINVN vs FDTXINVN vs TMATINVN vs LFSCINVN vs AOTG
Where to next
All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →ILDR on its own →INVN on its own →ILDR holdings →INVN dividend history →INVN holdings →Method →Standards and sources →
Sources and dates
ILDR filings on SEC EDGAR ↗
ILDR prospectus with the expense ratio (SEC) ↗
First Trust page for ILDR ↗
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.

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

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