Data as of Nov 4, 2026.
ILDR vs TNXT: Holdings Overlap & Returns
ILDR and TNXT hold 33% of their weight in the same names.
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Net assets on Nov 3, 2026: $334m for First Trust Innovation Leaders ETF and $19m for T. Rowe Price Innovation Leaders ETF.
66% of ILDR's weight is in S&P 500 companies and 35% is outside the index. Holdings as of Nov 3, 2026.
64% of TNXT's weight is in S&P 500 companies and 36% is outside the index. Holdings as of Jun 30, 2026.
Pair scorecard
TNXT costs 0.26 points a year less; ILDR is 17.6 times larger.
Points (pts) are percentage points.
| Measure | ILDR | TNXT |
|---|---|---|
| Return | ||
| Total return, 1 year | +6.6% | not published |
| Drawdown | ||
| Below its all-time high | 12.5%, high on Oct 6, 2026 | |
| Against its benchmark | ||
| What it tracks | Broad innovation and megatrends | Broad innovation and megatrends |
| Its benchmark, total return, 1 year | +14.8% | |
| Against its benchmark, 1 year | behind by 8.2 pts | |
| Cost and size | ||
| Expense ratio | 0.75% | 0.49% |
| Net assets, as of Nov 3, 2026 | $334m | $19m |
| Holdings | ||
| Holdings in common | 33% | |
How different its holdings are from the S&P 500, ranked against 114 thematic ETFs with at least half their money in S&P 500 companies. 100 is best. How it is computed
Weight not shared with the S&P 500 only; it says nothing about returns, fees or whether the theme pays off. All thematic ETFs ranked by it →
What they share
By the books each fund has filed, ILDR and TNXT hold 33% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 3, 2026.
half
33% in common
Only in one fund ↓
Window by window
| Total return | vs its benchmark | |||
|---|---|---|---|---|
| Window | ILDR | TNXT | ILDR | TNXT |
| 3 months | −7.4% | −0.2% | −7.1 pts vs IWV | not measured |
| 6 months | −1.8% | +6.6% | −6.7 pts vs IWV | not measured |
| 1 year | +6.6% | – | −8.2 pts vs IWV | – |
| 3 years | +107.0% | – | +26.0 pts vs IWV | – |
| Since launchNot the same days: ILDR May 2021 · TNXT Jan 2026 | +75.9% | +13.4% | −10.3 pts vs IWV | not measured |
– means no data for this window. Open this comparison in the app →
Side by side
As of Nov 4, 2026. Source: ETFIQ.
33% of the two portfolios are the same securities at the same weight.
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.
TNXT
By weight, 64% of TNXT's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 52%. The top ten holdings are 32% of the fund across 272 positions, as filed for Jun 30, 2026. Since it first traded on Jan 29, 2026 the fund returned +13.4% with distributions reinvested.
Questions people ask
- Do ILDR and TNXT hold the same stocks?
- By their latest filings, 33% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
It is a place in a set, not a rating or a recommendation.
Overlap adds up the smaller of the two weights for each security both funds hold.
Every number is an ETFIQ calculation with distributions reinvested.
Cite this pageCitation, APA and Markdown
ETFIQ, ILDR against TNXT, data as of Nov 4, 2026. https://etfiq.com/compare/themes/ildr-vs-tnxt
ETFIQ. (Nov 4, 2026). ILDR against TNXT. Retrieved from https://etfiq.com/compare/themes/ildr-vs-tnxt
[ILDR against TNXT (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/themes/ildr-vs-tnxt)
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