Data as of .
ILDR vs TNXT: which is really different?
ILDR and TNXT hold 35% of their weight in the same names.
ETFIQ Off-Index Score: ILDR 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
35% 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 TNXT hold 35% of their money in the same securities at the same weight.
| Holding | ILDR | TNXT |
|---|---|---|
| Amazon.com, Inc. | 5.79% | 3.02% |
| Broadcom Inc. | 3.57% | 2.76% |
| Micron Technology, Inc. | 2.80% | 1.86% |
| Tesla, Inc. | 1.82% | 1.80% |
| Meta Platforms, Inc. (Class A) | 1.11% | 1.47% |
| Kymera Therapeutics, Inc. | 0.50% | 0.59% |
| Marvell Technology, Inc. | 3.13% | 0.46% |
| Palo Alto Networks, Inc. | 1.00% | 0.44% |
| Adyen NV | 0.93% | 0.44% |
| Synopsys, Inc. | 0.41% | 0.36% |
| Arista Networks, Inc. | 2.46% | 0.30% |
| Shopify Inc. (Class A) | 1.81% | 0.27% |
| Only in ILDR | Only in TNXT |
|---|---|
| NVIDIA Corporation 9.78% | NVIDIA CORP 7.23% |
| Advanced Micro Devices, Inc. 5.79% | APPLE INC 4.61% |
| Alphabet Inc. (Class A) 4.81% | MICROSOFT CORP 2.67% |
| Eli Lilly and Company 3.02% | ALPHABET INC CL A 2.57% |
| Microsoft Corporation 2.70% | ADVANCED MICRO DEVICES 2.53% |
| Oracle Corporation 2.67% | ALPHABET INC CL C 2.28% |
| Eaton Corporation Plc 2.07% | INTEL CORP 2.13% |
| Schneider Electric SE 1.80% | ELI LILLY & CO 1.99% |
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 Jun 30, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| ILDR | TNXT | ILDR | TNXT | ILDR | TNXT | |
| 3 months | +0.3% | +3.8% | −1.9 pts | +1.6 pts | +2.8 pts | +6.3 pts |
| 6 months | +31.0% | +27.4% | +12.9 pts | +9.3 pts | +6.7 pts | +3.1 pts |
| 1 year | +19.9% | not published | +3.3 pts | not published | −1.9 pts | not published |
| 3 years | +120.9% | not published | +42.5 pts | not published | +22.7 pts | not published |
| Since launch | +92.7% | +14.5% | −3.0 pts | +3.9 pts | −30.0 pts | −0.4 pts |
| ILDR First Trust Innovation Leaders ETF Holds 82 stocks in broad innovation and megatrends, 66% of its weight in S&P 500 companies | TNXT T. Rowe Price Innovation Leaders ETF Holds 272 stocks in broad innovation and megatrends, 64% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | First Trust | T. Rowe Price |
| Theme | Broad innovation and megatrends | Broad innovation and megatrends |
| In the S&P 500 | 65.8% | 64.3% |
| Active share vs the S&P 500 | 67.1% | 51.6% |
| In the Nasdaq-100 | 49.0% | 46.9% |
| Holdings | 82 | 272 |
| Top ten, share of the fund | 44.1% | 31.8% |
| Expense ratio | 0.75% | 0.49% |
| Fee for the differing part | 1.12% | 0.95% |
| Total return, 1 year | +19.9% | +14.5% (since launch on Jan 29, 2026) |
| vs the S&P 500 | +3.3 pts | +3.9 pts |
| vs the Nasdaq-100 | −1.9 pts | −0.4 pts |
| Below its high | −3.5% | −1.4% |
| Net assets | $342m | $18m |
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.
TNXT in plain words
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 launched on Jan 29, 2026 the fund returned +14.5% with distributions reinvested against +10.6% for the S&P 500, so a holder was ahead by 3.9 pts.
Questions people ask
- Do ILDR and TNXT hold the same stocks?
- By their latest filings, 35% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, ILDR or TNXT?
- ILDR has 66% of its weight in S&P 500 names and TNXT has 64%, so ILDR differs more from the index.
- Which is cheaper, ILDR or TNXT?
- ILDR charges 0.75% a year and TNXT charges 0.49%, so TNXT 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 TNXT, data as of Sep 18, 2026. https://etfiq.com/compare/themes/ildr-vs-tnxt Free to use with attribution; the underlying files are at Open data.