Data as of Nov 12, 2026.
IVEP vs TCAI: Holdings Overlap & Returns
Return, fees and overlap, side by side.
Pair scorecard
TCAI costs 0.10 points a year less.
Points (pts) are percentage points.
| Measure | IVEP | TCAI |
|---|---|---|
| Return | ||
| Total return, 1 year | not published | +17.0% |
| Drawdown | ||
| Below its all-time high | 19.3%, high on May 6, 2026 | 37.0%, high on Jun 22, 2026 |
| Benchmark | ||
| What it tracks | AI infrastructure and chips | AI infrastructure and chips |
| Cost and size | ||
| Expense ratio | 0.75% | 0.65% |
| Net assets, IVEP as of Jul 31, 2026 and TCAI as of Nov 12, 2026 | $19m | $263m |
| Holdings | ||
| Holdings in common | 20% | |
How different its holdings are from the S&P 500, ranked against 111 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 →
67% of IVEP's weight is in S&P 500 companies and 33% is outside the index. Holdings as of Jul 31, 2026.
60% of TCAI's weight is in S&P 500 companies and 40% is outside the index. Holdings as of Aug 31, 2026.
What they share
By the books each fund has filed, IVEP and TCAI hold 20% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Aug 31, 2026.
half
20% in common
Only in one fund ↓
Window by window
| Total return | vs its benchmark | |||
|---|---|---|---|---|
| Window | IVEP | TCAI | IVEP | TCAI |
| 3 months | −13.6% | −26.2% | −11.2 pts vs VOO | not measured |
| 6 months | −18.3% | −27.2% | −20.1 pts vs VOO | not measured |
| 1 year | – | +17.0% | – | not measured |
| Since launchNot the same days: IVEP Apr 2026 · TCAI Aug 2025 | −9.5% | +45.6% | −22.1 pts vs VOO | not measured |
– means no data for this window. Open this comparison in the app →
Side by side
As of Nov 12, 2026. Source: ETFIQ.
20% of the two portfolios are the same securities at the same weight.
IVEP
By weight, 67% of IVEP's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 97%. The top ten holdings are 42% of the fund across 30 positions, as filed for Jul 31, 2026. Since it first traded on Apr 8, 2026 the fund returned −9.5% with distributions reinvested. It sits 19.3% below its all-time high of May 6, 2026.
TCAI
By weight, 60% of TCAI'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 43% of the fund across 46 positions, as filed for Aug 31, 2026. Over the year to Nov 12, 2026 the fund returned +17.0% with distributions reinvested. It sits 37.0% below its all-time high of Jun 22, 2026.
Questions people ask
- Do IVEP and TCAI hold the same stocks?
- By their latest filings, 20% 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, IVEP against TCAI, data as of Nov 12, 2026. https://etfiq.com/compare/themes/ivep-vs-tcai
ETFIQ. (Nov 12, 2026). IVEP against TCAI. Retrieved from https://etfiq.com/compare/themes/ivep-vs-tcai
[IVEP against TCAI (ETFIQ, Nov 12, 2026)](https://etfiq.com/compare/themes/ivep-vs-tcai)
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IVEP and TCAI hold 20% of their weight in the same names.
IVEP and TCAI
Total return, distributions reinvested, 6 months.
IVEP −18.3%, TCAI −27.2%: IVEP +8.9 pts ahead, 6 months, May 14, 2026 to Nov 12, 2026.