Data as of .
IVEP vs XA: which is really different?
IVEP and XA hold 0% of their weight in the same names.
ETFIQ Off-Index Score: XA 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
0% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, IVEP and XA hold 0% of their money in the same securities at the same weight.
| Only in IVEP | Only in XA |
|---|---|
| BLOOM ENERGY CORP 4.98% | Palo Alto Networks Inc 12.91% |
| QUANTA SERVICES INC 4.31% | Crowdstrike Holdings Inc 11.86% |
| GE VERNOVA INC 4.16% | Okta Inc 6.91% |
| VERTIV HOLDINGS COMPANY 4.12% | Fortinet Inc 5.87% |
| SIEMENS ENERGY AG 4.11% | Datadog Inc 5.29% |
| EATON CORP PLC 4.07% | Rubrik Inc 4.81% |
| NEXTERA ENERGY INC 3.94% | Cloudflare Inc 4.66% |
| SCHNEIDER ELECTRIC SE 3.91% | Zscaler Inc 4.16% |
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 Apr 30, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| IVEP | XA | IVEP | XA | IVEP | XA | |
| 3 months | −11.8% | +27.7% | −14.0 pts | +25.4 pts | −9.3 pts | +30.2 pts |
| Since launch | −2.5% | +59.5% | −15.7 pts | +55.1 pts | −21.7 pts | +55.6 pts |
| IVEP Dan IVES Wedbush AI Power & Infrastructure ETF Holds 30 stocks in aI infrastructure and chips, 71% of its weight in S&P 500 companies | XA Corgi AI Cybersecurity ETF Holds 26 stocks in artificial intelligence, 47% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Wedbush | Corgi |
| Theme | AI infrastructure and chips | Artificial intelligence |
| In the S&P 500 | 71.2% | 47.2% |
| Active share vs the S&P 500 | 97.0% | 98.9% |
| In the Nasdaq-100 | 11.3% | 40.1% |
| Holdings | 30 | 26 |
| Top ten, share of the fund | 41.4% | 64.6% |
| Expense ratio | 0.75% | 0.35% |
| Fee for the differing part | 0.77% | 0.35% |
| Total return, 1 year | −2.5% (since launch on Apr 8, 2026) | +59.5% (since launch on May 6, 2026) |
| vs the S&P 500 | −15.7 pts | +55.1 pts |
| vs the Nasdaq-100 | −21.7 pts | +55.6 pts |
| Below its high | −13.0% | −2.6% |
| Net assets | $9m | $6m |
IVEP in plain words
By weight, 71% 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 41% of the fund across 30 positions, as filed for Apr 30, 2026. Since it launched on Apr 8, 2026 the fund returned −2.5% with distributions reinvested against +13.2% for the S&P 500, so a holder was behind by 15.7 pts. It sits 13.0% below its all-time high of May 6, 2026.
XA in plain words
By weight, 47% of XA'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 65% of the fund across 26 positions, as published by its issuer for Sep 18, 2026. Since it launched on May 6, 2026 the fund returned +59.5% with distributions reinvested against +4.3% for the S&P 500, so a holder was ahead by 55.1 pts.
Questions people ask
- Do IVEP and XA hold the same stocks?
- By their latest filings, 0% 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, IVEP or XA?
- IVEP has 71% of its weight in S&P 500 names and XA has 47%, so XA differs more from the index.
- Which is cheaper, IVEP or XA?
- IVEP charges 0.75% a year and XA charges 0.35%, so XA 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, IVEP against XA, data as of Sep 18, 2026. https://etfiq.com/compare/themes/ivep-vs-xa Free to use with attribution; the underlying files are at Open data.