Data as of .
IVES vs XAIX: which is really different?
IVES and XAIX hold 44% of their weight in the same names, and XAIX returned more over the year.
ETFIQ Off-Index Score: XAIX 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
44% 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 XAIX hold 44% of their money in the same securities at the same weight.
| Holding | IVES | XAIX |
|---|---|---|
| MICRON TECHNOLOGY INC | 4.66% | 9.03% |
| ALPHABET INC | 5.38% | 4.00% |
| AMAZON.COM INC | 5.42% | 3.86% |
| APPLE INC | 4.72% | 3.78% |
| NVIDIA CORP | 4.84% | 3.73% |
| ORACLE CORP | 3.45% | 3.55% |
| META PLATFORMS INC | 4.17% | 3.15% |
| MICROSOFT CORP | 4.44% | 3.07% |
| PALANTIR TECHNOLOGIES INC | 3.23% | 2.90% |
| ALIBABA GROUP HOLDING LTD | 3.40% | 2.79% |
| INTERNATIONAL BUSINESS MACHINES CORP | 3.00% | 2.42% |
| PALO ALTO NETWORKS INC | 3.01% | 1.74% |
| Only in IVES | Only in XAIX |
|---|---|
| ADVANCED MICRO DEVICES INC 6.33% | SAMSUNG ELECTRONICS CO LTD 8.32% |
| BROADCOM INC 5.44% | SK HYNIX INC 7.69% |
| TAIWAN SEMICONDUCTOR MANUFACTURING COMPA 4.95% | INTEL CORP 4.92% |
| GE VERNOVA INC 4.25% | CISCO SYSTEMS INC 4.13% |
| TESLA INC 4.06% | BANK OF AMERICA CORP 3.09% |
| SHOPIFY INC 2.83% | DELL TECHNOLOGIES INC 2.62% |
| COREWEAVE INC 2.55% | SAP SE 2.05% |
| NEBIUS GROUP NV 2.20% | VERIZON COMMUNICATIONS INC 1.79% |
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 May 31, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| IVES | XAIX | IVES | XAIX | IVES | XAIX | |
| 3 months | +5.6% | −1.3% | +3.3 pts | −3.6 pts | +8.1 pts | +1.1 pts |
| 6 months | +37.2% | +41.6% | +19.2 pts | +23.6 pts | +13.0 pts | +17.3 pts |
| 1 year | +27.2% | +39.6% | +10.6 pts | +23.0 pts | +5.4 pts | +17.8 pts |
| Since launch | +58.8% | +101.2% | +28.9 pts | +54.6 pts | +21.6 pts | +38.8 pts |
| IVES Dan IVES Wedbush AI Revolution ETF Holds 30 stocks in artificial intelligence, 74% of its weight in S&P 500 companies | XAIX Xtrackers Artificial Intelligence and Big Data ETF Holds 91 stocks in artificial intelligence, 71% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Wedbush | Xtrackers |
| Theme | Artificial intelligence | Artificial intelligence |
| In the S&P 500 | 73.9% | 70.6% |
| Active share vs the S&P 500 | 66.5% | 72.0% |
| In the Nasdaq-100 | 62.6% | 50.2% |
| Holdings | 30 | 91 |
| Top ten, share of the fund | 50.4% | 53.0% |
| Expense ratio | 0.75% | 0.35% |
| Fee for the differing part | 1.13% | 0.49% |
| Total return, 1 year | +27.2% | +39.6% |
| vs the S&P 500 | +10.6 pts | +23.0 pts |
| vs the Nasdaq-100 | +5.4 pts | +17.8 pts |
| Below its high | −3.8% | −4.9% |
| Net assets | $997m | $174m |
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.
XAIX in plain words
By weight, 71% of XAIX's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 72%. The top ten holdings are 53% of the fund across 91 positions, as filed for May 31, 2026. Over the year to Sep 18, 2026 the fund returned +39.6% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 23.0 pts.
Questions people ask
- Do IVES and XAIX hold the same stocks?
- By their latest filings, 44% 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 XAIX?
- IVES has 74% of its weight in S&P 500 names and XAIX has 71%, so XAIX differs more from the index.
- Which is cheaper, IVES or XAIX?
- IVES charges 0.75% a year and XAIX charges 0.35%, so XAIX 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 XAIX, data as of Sep 18, 2026. https://etfiq.com/compare/themes/ives-vs-xaix Free to use with attribution; the underlying files are at Open data.