Data as of .
ILDR vs LENS: which is really different?
ILDR and LENS hold 0% of their weight in the same names, and LENS returned more over the year.
ETFIQ Off-Index Score: LENS 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
0% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, ILDR and LENS hold 0% of their money in the same securities at the same weight.
| Only in ILDR | Only in LENS |
|---|---|
| NVIDIA Corporation 9.78% | SPDR Gold MiniShares Trust 9.04% |
| Advanced Micro Devices, Inc. 5.79% | iShares Gold Trust Micro 5.81% |
| Amazon.com, Inc. 5.79% | Chevron Corp 4.22% |
| Alphabet Inc. (Class A) 4.81% | Exxon Mobil Corp 4.22% |
| Broadcom Inc. 3.57% | iShares Silver Trust 4.22% |
| Marvell Technology, Inc. 3.13% | Kinross Gold Corp 3.96% |
| Eli Lilly and Company 3.02% | Agnico Eagle Mines Ltd 3.03% |
| Micron Technology, Inc. 2.80% | Gold Fields Ltd 2.85% |
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 May 29, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| ILDR | LENS | ILDR | LENS | ILDR | LENS | |
| 3 months | +0.3% | +12.1% | −1.9 pts | +9.9 pts | +2.8 pts | +14.6 pts |
| 6 months | +31.0% | +6.7% | +12.9 pts | −11.3 pts | +6.7 pts | −17.5 pts |
| 1 year | +19.9% | +46.4% | +3.3 pts | +29.8 pts | −1.9 pts | +24.6 pts |
| 3 years | +120.9% | not published | +42.5 pts | not published | +22.7 pts | not published |
| Since launch | +92.7% | +84.9% | −3.0 pts | +55.8 pts | −30.0 pts | +45.4 pts |
| ILDR First Trust Innovation Leaders ETF Holds 82 stocks in broad innovation and megatrends, 66% of its weight in S&P 500 companies | LENS Sarmaya Thematic ETF Holds 43 stocks in broad innovation and megatrends, 22% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | First Trust | Sarmaya |
| Theme | Broad innovation and megatrends | Broad innovation and megatrends |
| In the S&P 500 | 65.8% | 21.7% |
| Active share vs the S&P 500 | 67.1% | 97.9% |
| In the Nasdaq-100 | 49.0% | 1.7% |
| Holdings | 82 | 43 |
| Top ten, share of the fund | 44.1% | 42.3% |
| Expense ratio | 0.75% | 0.79% |
| Fee for the differing part | 1.12% | 0.81% |
| Total return, 1 year | +19.9% | +46.4% |
| vs the S&P 500 | +3.3 pts | +29.8 pts |
| vs the Nasdaq-100 | −1.9 pts | +24.6 pts |
| Below its high | −3.5% | −9.8% |
| Net assets | $342m | $53m |
ILDR in plain words
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 82 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +19.9% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 3.3 pts.
LENS in plain words
By weight, 22% of LENS'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 42% of the fund across 43 positions, as filed for May 29, 2026. Over the year to Sep 18, 2026 the fund returned +46.4% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 29.8 pts. It sits 9.8% below its all-time high of Feb 27, 2026.
Questions people ask
- Do ILDR and LENS 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, ILDR or LENS?
- ILDR has 66% of its weight in S&P 500 names and LENS has 22%, so LENS differs more from the index.
- Which is cheaper, ILDR or LENS?
- ILDR charges 0.75% a year and LENS charges 0.79%, so ILDR 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, ILDR against LENS, data as of Sep 18, 2026. https://etfiq.com/compare/themes/ildr-vs-lens Free to use with attribution; the underlying files are at Open data.