Data as of .
IVES vs PBOT: which is really different?
IVES and PBOT hold 36% of their weight in the same names.
ETFIQ Off-Index Score: PBOT 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
36% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, IVES and PBOT hold 36% of their money in the same securities at the same weight.
| Holding | IVES | PBOT |
|---|---|---|
| BROADCOM INC | 5.44% | 6.33% |
| ALPHABET INC | 5.38% | 6.86% |
| TAIWAN SEMICONDUCTOR MANUFACTURING COMPA | 4.95% | 6.34% |
| NVIDIA CORP | 4.84% | 3.15% |
| PALO ALTO NETWORKS INC | 3.01% | 4.57% |
| CROWDSTRIKE HOLDINGS INC | 2.67% | 4.64% |
| SALESFORCE INC | 2.73% | 2.12% |
| MICRON TECHNOLOGY INC | 4.66% | 2.12% |
| SERVICENOW INC | 2.10% | 2.08% |
| SNOWFLAKE INC | 1.74% | 4.73% |
| ADVANCED MICRO DEVICES INC | 6.33% | 1.44% |
| ZSCALER INC | 1.40% | 2.04% |
| Only in IVES | Only in PBOT |
|---|---|
| AMAZON.COM INC 5.42% | KLA CORP 6.36% |
| APPLE INC 4.72% | ASML HOLDING NV /EUR/ 5.77% |
| MICROSOFT CORP 4.44% | INFINEON TECHNOLOGIES AG /EUR/ 3.91% |
| GE VERNOVA INC 4.25% | CLOUDFLARE INC - CLASS A 2.93% |
| TESLA INC 4.06% | FORTINET INC 2.40% |
| ORACLE CORP 3.45% | LAM RESEARCH CORP 2.21% |
| ALIBABA GROUP HOLDING LTD 3.40% | NXP SEMICONDUCTORS NV 2.21% |
| PALANTIR TECHNOLOGIES INC 3.23% | TOKYO ELECTRON LTD /JPY/ 1.97% |
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 Jun 30, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| IVES | PBOT | IVES | PBOT | IVES | PBOT | |
| 3 months | +5.6% | +1.0% | +3.3 pts | −1.2 pts | +8.1 pts | +3.5 pts |
| 6 months | +37.2% | +39.5% | +19.2 pts | +21.4 pts | +13.0 pts | +15.2 pts |
| 1 year | +27.2% | not published | +10.6 pts | not published | +5.4 pts | not published |
| Since launch | +58.8% | +34.6% | +28.9 pts | +18.0 pts | +21.6 pts | +13.9 pts |
| IVES Dan IVES Wedbush AI Revolution ETF Holds 30 stocks in artificial intelligence, 74% of its weight in S&P 500 companies | PBOT Pictet AI & Automation ETF Holds 44 stocks in artificial intelligence, 61% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Wedbush | Pictet |
| Theme | Artificial intelligence | Artificial intelligence |
| In the S&P 500 | 73.9% | 61.0% |
| Active share vs the S&P 500 | 66.5% | 82.1% |
| In the Nasdaq-100 | 62.6% | 52.2% |
| Holdings | 30 | 44 |
| Top ten, share of the fund | 50.4% | 52.6% |
| Expense ratio | 0.75% | 0.70% |
| Fee for the differing part | 1.13% | 0.85% |
| Total return, 1 year | +27.2% | +34.6% (since launch on Oct 16, 2025) |
| vs the S&P 500 | +10.6 pts | +18.0 pts |
| vs the Nasdaq-100 | +5.4 pts | +13.9 pts |
| Below its high | −3.8% | −3.8% |
| Net assets | $997m | $14m |
IVES in plain words
By weight, 74% of IVES's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 66%. The top ten holdings are 50% of the fund across 30 positions, as filed for Apr 30, 2026. Over the year to Sep 18, 2026 the fund returned +27.2% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 10.6 pts.
PBOT in plain words
By weight, 61% of PBOT's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 82%. The top ten holdings are 53% of the fund across 44 positions, as filed for Jun 30, 2026. Since it launched on Oct 16, 2025 the fund returned +34.6% with distributions reinvested against +16.5% for the S&P 500, so a holder was ahead by 18.0 pts.
Questions people ask
- Do IVES and PBOT hold the same stocks?
- By their latest filings, 36% 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, IVES or PBOT?
- IVES has 74% of its weight in S&P 500 names and PBOT has 61%, so PBOT differs more from the index.
- Which is cheaper, IVES or PBOT?
- IVES charges 0.75% a year and PBOT charges 0.70%, so PBOT 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, IVES against PBOT, data as of Sep 18, 2026. https://etfiq.com/compare/themes/ives-vs-pbot Free to use with attribution; the underlying files are at Open data.