Data as of Nov 4, 2026.
INVN vs LENS: Holdings Overlap & Returns
Over the year to Nov 4, 2026, INVN returned +33.1% to LENS's +28.3%; 0% of their weight is in the same names.
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Net assets: $9.6m on Jun 30, 2026 for Alger Russell Innovation ETF, and $67m on Aug 31, 2026 for Sarmaya Thematic ETF.
33% of INVN's weight is in S&P 500 companies and 68% is outside the index. Holdings as of Jun 30, 2026.
16% of LENS's weight is in S&P 500 companies and 84% is outside the index. Holdings as of Aug 31, 2026.
Pair scorecard
INVN costs 0.24 points a year less; their one-year returns differ by 4.8 points.
Points (pts) are percentage points.
| Measure | INVN | LENS |
|---|---|---|
| Return | ||
| Total return, 1 year | +33.1% | +28.3% |
| Drawdown | ||
| Below its all-time high | 17.6%, high on Feb 27, 2026 | |
| Against its benchmark | ||
| What it tracks | Broad innovation and megatrends | Broad innovation and megatrends |
| Its benchmark, total return, 1 year | +14.3% | |
| Against its benchmark, 1 year | ahead by 14.0 pts | |
| Cost and size | ||
| Expense ratio | 0.55% | 0.79% |
| Net assets, INVN as of Jun 30, 2026 and LENS as of Aug 31, 2026 | $9.6m | $67m |
| Active share vs the S&P 500 | 98% | 99% |
| Holdings | ||
| Holdings in common | 0% | |
What they share
By the books each fund has filed, INVN and LENS hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Aug 31, 2026.
half
0% in common
Only in one fund ↓
Window by window
| Total return | vs its benchmark | |||
|---|---|---|---|---|
| Window | INVN | LENS | INVN | LENS |
| 3 months | +9.6% | −0.5% | not measured | −0.3 pts vs BKLC |
| 6 months | +33.7% | −7.8% | not measured | −12.7 pts vs BKLC |
| 1 year | +33.1% | +28.3% | not measured | +14.0 pts vs BKLC |
| Since launchNot the same days: INVN Jan 2025 · LENS Jan 2025 | +37.1% | +68.9% | not measured | +39.1 pts vs BKLC |
Side by side
As of Nov 4, 2026. Source: ETFIQ.
0% of the two portfolios are the same securities at the same weight.
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.
LENS
By weight, 16% of LENS's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 40% of the fund across 45 positions, as filed for Aug 31, 2026. Over the year to Nov 4, 2026 the fund returned +28.3% with distributions reinvested against +14.3% for its benchmark, the Solactive GBS United States 500 Index, so a holder was ahead by 14.0 pts. It sits 17.6% below its all-time high of Feb 27, 2026.
Questions people ask
- Do INVN and LENS hold the same stocks?
- By their latest filings, 0% 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
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, INVN against LENS, data as of Nov 4, 2026. https://etfiq.com/compare/themes/invn-vs-lens
ETFIQ. (Nov 4, 2026). INVN against LENS. Retrieved from https://etfiq.com/compare/themes/invn-vs-lens
[INVN against LENS (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/themes/invn-vs-lens)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.