Data as of .
ISHP vs ONLN: which is really different?
ISHP and ONLN hold 16% of their weight in the same names, and ONLN returned more over the year.
ETFIQ Off-Index Score: ONLN 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
16% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, ISHP and ONLN hold 16% of their money in the same securities at the same weight.
| Holding | ISHP | ONLN |
|---|---|---|
| Wayfair Inc. (Class A) | 1.88% | 3.49% |
| Amazon.com, Inc. | 1.70% | 24.79% |
| Alibaba Group Holding Limited (ADR) | 1.69% | 8.72% |
| Williams-Sonoma, Inc. | 1.69% | 3.70% |
| MercadoLibre, Inc. | 1.63% | 3.90% |
| Carvana Co. (Class A) | 1.61% | 4.64% |
| JD.com, Inc. (ADR) | 1.61% | 2.52% |
| eBay Inc. | 1.58% | 8.69% |
| PDD Holdings Inc. (ADR) | 1.52% | 4.50% |
| Coupang, Inc. | 1.24% | 3.43% |
| Only in ISHP | Only in ONLN |
|---|---|
| A.P. Moeller - Maersk A/S (Class B) 2.36% | LIQUIDITY SERVICES INC 3.27% |
| Allegro.eu SA 2.11% | GIGACLOUD TECHNOLOGY INC - A 3.26% |
| LY Corp. 2.07% | CHEWY INC - CLASS A 3.06% |
| Cosco Shipping Holdings Company, Ltd. (C 1.98% | SEA LTD-ADR 3.06% |
| Snap Inc. (Class A) 1.95% | PATTERN GROUP INC-CL A 3.02% |
| NAVER Corporation 1.94% | ETSY INC 2.99% |
| Best Buy Co., Inc. 1.93% | THREDUP INC - CLASS A 2.86% |
| PayPal Holdings, Inc. 1.92% | REVOLVE GROUP INC-A 2.83% |
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 Sep 18, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| ISHP | ONLN | ISHP | ONLN | ISHP | ONLN | |
| 3 months | +2.5% | +0.9% | +0.3 pts | −1.4 pts | +5.0 pts | +3.4 pts |
| 6 months | +4.2% | +8.7% | −13.8 pts | −9.3 pts | −20.1 pts | −15.5 pts |
| 1 year | −19.2% | −8.8% | −35.8 pts | −25.3 pts | −41.0 pts | −30.5 pts |
| 3 years | +35.3% | +78.7% | −43.1 pts | +0.3 pts | −62.8 pts | −19.4 pts |
| Since launch | +91.9% | +42.6% | −226.2 pts | −166.3 pts | −465.2 pts | −281.6 pts |
| ISHP First Trust S-Network E-Commerce ETF Holds 66 stocks in internet and e-commerce, 40% of its weight in S&P 500 companies | ONLN ProShares Online Retail ETF Holds 21 stocks in internet and e-commerce, 42% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | First Trust | ProShares |
| Theme | Internet and e-commerce | Internet and e-commerce |
| In the S&P 500 | 39.9% | 41.8% |
| Active share vs the S&P 500 | 92.6% | 96.2% |
| In the Nasdaq-100 | 20.3% | 33.2% |
| Holdings | 66 | 21 |
| Top ten, share of the fund | 20.1% | 69.1% |
| Expense ratio | 0.60% | 0.58% |
| Fee for the differing part | 0.65% | 0.60% |
| Total return, 1 year | −19.2% | −8.8% |
| vs the S&P 500 | −35.8 pts | −25.3 pts |
| vs the Nasdaq-100 | −41.0 pts | −30.5 pts |
| Below its high | −19.2% | −38.9% |
| Net assets | $5m | $59m |
ISHP in plain words
By weight, 40% of ISHP's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 93%. The top ten holdings are 20% of the fund across 66 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned −19.2% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 35.8 pts. It sits 19.2% below its all-time high of Sep 18, 2025.
ONLN in plain words
By weight, 42% of ONLN's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 96%. The top ten holdings are 69% of the fund across 21 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned −8.8% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 25.3 pts. It sits 38.9% below its all-time high of Feb 12, 2021.
Questions people ask
- Do ISHP and ONLN hold the same stocks?
- By their latest filings, 16% 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, ISHP or ONLN?
- ISHP has 40% of its weight in S&P 500 names and ONLN has 42%, so ONLN differs more from the index.
- Which is cheaper, ISHP or ONLN?
- ISHP charges 0.60% a year and ONLN charges 0.58%, so ONLN 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, ISHP against ONLN, data as of Sep 18, 2026. https://etfiq.com/compare/themes/ishp-vs-onln Free to use with attribution; the underlying files are at Open data.