Data as of Nov 4, 2026.
KNCT vs UFOX: Holdings Overlap & Returns
Over the year to Nov 4, 2026, KNCT returned +34.8% to UFOX's +15.3%; 34% of their weight is in the same names.
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Net assets on Nov 3, 2026: $142m for Invesco Next Gen Connectivity ETF and $782m for Defiance Space and Connective Tech ETF.
65% of KNCT's weight is in S&P 500 companies and 35% is outside the index. Holdings as of Nov 3, 2026.
52% of UFOX's weight is in S&P 500 companies and 48% is outside the index. Holdings as of Nov 4, 2026.
Pair scorecard
UFOX costs 0.10 points a year less; their one-year returns differ by 19.5 points; UFOX is 5.5 times larger.
| Measure | KNCT | UFOX |
|---|---|---|
| Return | ||
| Total return, 1 year | +34.8% | +15.3% |
| Drawdown | ||
| Below its all-time high | 18.6%, high on Jun 2, 2026 | 29.7%, high on Jun 2, 2026 |
| Benchmark | ||
| What it tracks | Digital infrastructure and data centers | Digital infrastructure and data centers |
| Cost and size | ||
| Expense ratio | 0.40% | 0.30% |
| Net assets, as of Nov 3, 2026 | $142m | $782m |
| Holdings | ||
| Holdings in common | 34% | |
How different its holdings are from the S&P 500, ranked against 114 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 →
Risk and return
Mar 15, 2019 to Oct 30, 2026 · 398 weekly returnsFrom Mar 2019 to Oct 2026, KNCT and UFOX returned about the same: +235.0% and +236.0%. KNCT and UFOX swung about the same: 23.8% and 24.1%. UFOX fell slightly less at its worst: −33.1% to −34.0%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | KNCT | UFOX | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +235.0% | +236.0% | Tie | Price change plus distributions, reinvested. |
| Annualized | +17.1% | +17.2% | Tie | Total return as a yearly rate. |
| Price return | +211.8% | +209.6% | Tie | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 23.8% | 24.1% | Tie | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 16.3% | 16.4% | Tie | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −34.0% | −33.1% | UFOX (slight) | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.66 | 0.66 | Tie | Return above Treasury bills per unit of volatility. |
| Sortino | 0.97 | 0.97 | Tie | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.50 | 0.52 | UFOX (slight) | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 398 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, KNCT and UFOX hold 34% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026 and Nov 4, 2026.
half
34% in common
Only in one fund ↓
Window by window
| Total return | ||
|---|---|---|
| Window | KNCT | UFOX |
| 3 months | −9.0% | −11.7% |
| 6 months | −1.9% | −14.9% |
| 1 year | +34.8% | +15.3% |
| 3 years | +131.9% | +147.2% |
| Since launchNot the same days: KNCT Jun 2005 · UFOX Mar 2019 | +1,217.0% | +227.3% |
Side by side
As of Nov 4, 2026. Source: ETFIQ.
34% of the two portfolios are the same securities at the same weight.
Client brief:
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KNCT
By weight, 65% of KNCT'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 57% of the fund across 103 positions, as published by its issuer for Nov 3, 2026. Over the year to Nov 4, 2026 the fund returned +34.8% with distributions reinvested. It sits 18.6% below its all-time high of Jun 2, 2026.
UFOX
By weight, 52% of UFOX'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 37% of the fund across 61 positions, as published by its issuer for Nov 4, 2026. Over the year to Nov 4, 2026 the fund returned +15.3% with distributions reinvested. It sits 29.7% below its all-time high of Jun 2, 2026.
Questions people ask
- Do KNCT and UFOX hold the same stocks?
- By their latest filings, 34% 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, KNCT against UFOX, data as of Nov 4, 2026. https://etfiq.com/compare/themes/knct-vs-ufox
ETFIQ. (Nov 4, 2026). KNCT against UFOX. Retrieved from https://etfiq.com/compare/themes/knct-vs-ufox
[KNCT against UFOX (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/themes/knct-vs-ufox)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.