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Data as of Nov 4, 2026.

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Thematic ETFs

LQAI vs TCAI: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, LQAI returned +13.0% to TCAI's +7.5%; 13% of their weight is in the same names.

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Net assets: $2.2m on Jul 31, 2026 for LG QRAFT AI-Powered U.S. Large Cap Core ETF, and $230m on Aug 31, 2026 for Tortoise AI Infrastructure ETF.

LQAI on its own →TCAI on its own →
At a glance
92.9%
LQAI in the S&P 500
60.4%
TCAI in the S&P 500
+13.0%
LQAI total return, 1 year
+7.5%
TCAI total return, 1 year
LQAI · 1 year to Nov 4, 2026 7% of its weight is outside the S&P 500
7% of its weight is outside the S&P 50093% of LQAI's weight is in S&P 500 companies and 7% is outside the index. Holdings as of Jul 31, 2026.93%7%of its weight in S&P 500 companies7% of its weight outside the S&P 500active share 65% · top ten 40% of the fund · 100 holdings as filed for Jul 31, 2026 · Nasdaq-100: 53% in7% of its weight is outside the S&P 50093% of LQAI's weight is in S&P 500 companies and 7% is outside the index. Holdings as of Jul 31, 2026.93%7%of its weight in S&P 500 companies7% of its weight outside the S&P 500active share 65% · Nasdaq-100: 53% in

93% of LQAI's weight is in S&P 500 companies and 7% is outside the index. Holdings as of Jul 31, 2026.

TCAI · 1 year to Nov 4, 2026 40% of its weight is outside the S&P 500
40% of its weight is outside the S&P 50060% of TCAI's weight is in S&P 500 companies and 40% is outside the index. Holdings as of Aug 31, 2026.60%40%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 93% · top ten 43% of the fund · 46 holdings as filed for Aug 31, 2026 · Nasdaq-100: 26% in40% of its weight is outside the S&P 50060% of TCAI's weight is in S&P 500 companies and 40% is outside the index. Holdings as of Aug 31, 2026.60%40%in the S&P 500outsideactive share 93% · Nasdaq-100: 26% in

60% of TCAI's weight is in S&P 500 companies and 40% is outside the index. Holdings as of Aug 31, 2026.

Pair scorecard

TCAI costs 0.10 points a year less; their one-year returns differ by 5.5 points.

LQAI vs TCAI: Holdings Overlap & Returns
MeasureLQAITCAI
Return
Total return, 1 year+13.0%+7.5%
Drawdown
Below its all-time high6.2%, high on Jun 30, 202639.3%, high on Jun 22, 2026
Benchmark
What it tracksArtificial intelligenceAI infrastructure and chips
Cost and size
Expense ratio0.75%0.65%
Net assets, LQAI as of Jul 31, 2026 and TCAI as of Aug 31, 2026$2.2m$230m
Holdings
Holdings in common13%
ETFIQ S&P 500 Difference Score · TCAI scores higher How much of its weight does it not share with the S&P 500?
IQ Themes Score6.6LQAI65.4TCAI

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

0.4, the lowest in this set 99.6, the highest

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 →

Method

What they share

13%

By the books each fund has filed, LQAI and TCAI hold 13% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Aug 31, 2026.

0 half 100%

half

13% in common

Positions both hold · largest shared weight first LQAI TCAI
MICRON TECHNOLOGY INC 5.37% 5.29%
SANDISK CORP 3.39% 4.25%
GE VERNOVA INC 1.29% 3.05%
EQT CORP 1.68% 1.23%
NVIDIA CORP 5.27% 0.74%
AMERICAN ELECTRIC POWER COMPANY INC 0.63% 0.88%
WESTERN DIGITAL CORP 0.17% 3.18%
SEAGATE TECHNOLOGY HOLDINGS PLC 0.12% 3.83%
Only in one fund ↓
Only in LQAI
MICROSOFT CORP 4.79%
AMAZON.COM INC 4.35%
APPLE INC 4.09%
ADVANCED MICRO DEVICES INC 3.60%
TESLA INC 3.22%
INTEL CORP 2.96%
JP MORGAN CHASE & COMPANY 2.57%
WARNER BROS. DISCOVERY INC 2.27%
Only in TCAI
Dell Technologies Inc 6.37%
Vertiv Holdings Co 5.59%
Ciena Corp 4.01%
Quanta Services Inc 3.64%
nVent Electric PLC 3.42%
Constellation Energy Corp 3.07%
Cipher Digital Inc 3.00%
MasTec Inc 2.77%
Check overlap with more funds →

Window by window

Window by window: LQAI vs TCAI: Holdings Overlap & Returns
Total return
WindowLQAITCAI
3 months−1.1%−25.9%
6 months+2.7%−28.8%
1 year+13.0%+7.5%
Since launchNot the same days: LQAI Nov 2023 · TCAI Aug 2025+84.0%+40.4%

Open this comparison in the app →

Side by side

LQAI LG QRAFT AI-Powered U.S. Large Cap Core ETF · Holds 100 stocks in artificial intelligence, 93% of its weight in S&P 500 companies TCAI Tortoise AI Infrastructure ETF · Holds 46 stocks in aI infrastructure and chips, 60% of its weight in S&P 500 companies
Issuer Qraft Tortoise
Theme Artificial intelligence AI infrastructure and chips
In the S&P 500 92.9% 60.4%
Active share vs the S&P 500 64.9% 93.3%
In the Nasdaq-100 52.9% 25.7%
Holdings 100 46
Top ten, share of the fund 39.6% 42.6%
Expense ratio 0.75% 0.65%
Fee for the differing part 1.16% 0.70%
Total return, 1 year +13.0% +7.5%
vs its benchmark not measured not measured
Below its high −6.2% −39.3%
Net assets, LQAI as of Jul 31, 2026 and TCAI as of Aug 31, 2026 $2.2m $230m

As of Nov 4, 2026. Source: ETFIQ.

13% of the two portfolios are the same securities at the same weight.

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About each fund
LQAI

By weight, 93% of LQAI's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 65%. The top ten holdings are 40% of the fund across 100 positions, as filed for Jul 31, 2026. Over the year to Nov 4, 2026 the fund returned +13.0% with distributions reinvested. It sits 6.2% below its all-time high of Jun 30, 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 4, 2026 the fund returned +7.5% with distributions reinvested. It sits 39.3% below its all-time high of Jun 22, 2026.

Questions people ask

Do LQAI and TCAI hold the same stocks?
By their latest filings, 13% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, LQAI or TCAI?
LQAI has 93% of its weight in S&P 500 names and TCAI has 60%, so TCAI differs more from the index.
Which is cheaper, LQAI or TCAI?
LQAI charges 0.75% a year and TCAI charges 0.65%, so TCAI is cheaper. Fees come from each fund's prospectus.
Other comparisons
LQAI vs AIHYLQAI vs AIPOLQAI vs CGPTLQAI vs AINFTCAI vs KAITTCAI vs AIXTCAI vs WDRNTCAI vs DRGN
Where to next
LQAI on its own →TCAI on its own →LQAI dividend history →LQAI holdings →TCAI dividend history →TCAI holdings →Method →Standards and sources →
Sources and dates
LQAI filings on SEC EDGAR ↗
LQAI prospectus with the expense ratio (SEC) ↗
Qraft website ↗
TCAI filings on SEC EDGAR ↗
TCAI prospectus with the expense ratio (SEC) ↗
Tortoise website ↗

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.

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ETFIQ, LQAI against TCAI, data as of Nov 4, 2026. https://etfiq.com/compare/themes/lqai-vs-tcai

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.