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Data as of Nov 12, 2026.

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LUMA vs XA: Holdings Overlap & Returns

Return, fees and overlap, side by side.

Return gap
+25.4 pts
3 months to Nov 12, 2026: XA ahead, total return
Fee gap
0.65 pts
A year: LUMA 1.00%, XA 0.35%, per filings dated May 14, 2026 and Jul 8, 2026
Overlap
0%
Share of the two books held in common, holdings dated Nov 11, 2026 and Nov 12, 2026
Net flow
–
Needs daily flows for both funds

Pair scorecard

XA costs 0.65 points a year less; LUMA is 1.3 times larger.

Points (pts) are percentage points.

LUMA vs XA: Holdings Overlap & Returns
MeasureLUMAXA
Drawdown
Below its all-time high33.8%, high on Oct 6, 202614.6%, high on Oct 27, 2026
Benchmark
What it tracksAI infrastructure and chipsArtificial intelligence
Cost and size
Expense ratio1.00%0.35%
Net assets, as of Nov 11, 2026$10m$7.8m
Holdings
Holdings in common0%

Method

Key numbers
19.4%
LUMA in the S&P 500
43.2%
XA in the S&P 500
−23.5%
LUMA total return, since launch, Jul 15, 2026
+56.5%
XA total return, since launch, May 6, 2026
LUMA · 3 months to Nov 12, 2026 81% of its weight is outside the S&P 500
81% of its weight is outside the S&P 50019% of LUMA's weight is in S&P 500 companies and 81% is outside the index. Holdings as of Nov 11, 2026.19%81%in the S&P 500of its weight outside the S&P 500active share 99% · top ten 55% of the fund · 27 holdings as published by its issuer for Nov 11, 2026 · Nasdaq-100: 9% in81% of its weight is outside the S&P 50019% of LUMA's weight is in S&P 500 companies and 81% is outside the index. Holdings as of Nov 11, 2026.19%81%inoutside the S&P 500active share 99% · Nasdaq-100: 9% in

19% of LUMA's weight is in S&P 500 companies and 81% is outside the index. Holdings as of Nov 11, 2026.

XA · 6 months to Nov 12, 2026 57% of its weight is outside the S&P 500
57% of its weight is outside the S&P 50043% of XA's weight is in S&P 500 companies and 57% is outside the index. Holdings as of Nov 12, 2026.43%57%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 99% · top ten 61% of the fund · 26 holdings as published by its issuer for Nov 12, 2026 · Nasdaq-100: 33% in57% of its weight is outside the S&P 50043% of XA's weight is in S&P 500 companies and 57% is outside the index. Holdings as of Nov 12, 2026.43%57%in the S&P 500outside the S&P 500active share 99% · Nasdaq-100: 33% in

43% of XA's weight is in S&P 500 companies and 57% is outside the index. Holdings as of Nov 12, 2026.

What they share

0%

By the books each fund has filed, LUMA and XA hold 0% of their money in the same securities at the same weight. Holdings dated Nov 11, 2026 and Nov 12, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first LUMA XA
Only in one fund ↓
Only in LUMA
AYAR LABS INC 9.61%
COHERENT CORP 5.72%
MACOM TECHNOLOGY SOLUTIONS H 5.72%
AIXTRON SE 5.65%
LAND MARK OPTOELECTRONICS 5.31%
LUMENTUM HOLDINGS INC 4.74%
EOPTOLINK TECHNOLOGY INC L-A 4.71%
TOWER SEMICONDUCTOR LTD 4.61%
Only in XA
Palo Alto Networks Inc 10.50%
Crowdstrike Holdings Inc 10.28%
Fortinet Inc 7.37%
Cloudflare Inc 5.33%
Okta Inc 5.31%
Zscaler Inc 4.81%
Rubrik Inc 4.52%
GEN DIGITAL INC 4.42%
Check overlap with more funds →

Window by window

Window by window: LUMA vs XA: Holdings Overlap & Returns
Total returnvs its benchmark
WindowLUMAXALUMAXA
3 months−29.0%−3.6%−20.7 pts vs EEMnot measured
6 months–+39.2%–not measured
Since launchNot the same days: LUMA Jul 2026 · XA May 2026−23.5%+56.5%−16.7 pts vs EEMnot measured

– means no data for this window. Open this comparison in the app →

Side by side

LUMA KraneShares Photonic and Optical ETF · Holds 27 stocks in aI infrastructure and chips, 19% of its weight in S&P 500 companies XA Corgi AI Cybersecurity ETF · Holds 26 stocks in artificial intelligence, 43% of its weight in S&P 500 companies
Issuer KraneShares Corgi
Theme AI infrastructure and chips Artificial intelligence
In the S&P 500 19.4% 43.2%
Active share vs the S&P 500 99.0% 98.9%
In the Nasdaq-100 8.6% 32.5%
Holdings 27 26
Top ten, share of the fund 54.7% 61.0%
Expense ratio 1.00% 0.35%
Fee for the differing part 1.01% 0.35%
Total return, 1 year −23.5% (since launch, Jul 15, 2026) +56.5% (since launch, May 6, 2026)
vs its benchmark −16.7 pts vs EEM (since launch, Jul 15, 2026) not measured
Below its high −33.8% −14.6%
Net assets, LUMA as of Nov 11, 2026 and XA as of Nov 12, 2026 $10m $7.8m

As of Nov 12, 2026. Source: ETFIQ.

0% of the two portfolios are the same securities at the same weight.

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About each fund
LUMA

By weight, 19% of LUMA'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 55% of the fund across 27 positions, as published by its issuer for Nov 11, 2026. Since it first traded on Jul 15, 2026 the fund returned −23.5% with distributions reinvested. It sits 33.8% below its all-time high of Oct 6, 2026.

XA

By weight, 43% 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 61% of the fund across 26 positions, as published by its issuer for Nov 12, 2026. Since it first traded on May 6, 2026 the fund returned +56.5% with distributions reinvested. It sits 14.6% below its all-time high of Oct 27, 2026.

Questions people ask

Do LUMA and XA hold the same stocks?
By their latest filings, 0% 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, LUMA or XA?
LUMA has 19% of its weight in S&P 500 names and XA has 43%, so LUMA differs more from the index.
Which is cheaper, LUMA or XA?
LUMA charges 1.00% a year and XA charges 0.35%, so XA is cheaper. Fees come from each fund's prospectus.
Other comparisons
LUMA vs LQAILUMA vs AIXLUMA vs ARTYLUMA vs AIQXA vs AIHYXA vs CGPTXA vs AINFXA vs AIPO
Where to next
All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →LUMA on its own →XA on its own →LUMA holdings →XA holdings →Method →Standards and sources →
Sources and dates
LUMA filings on SEC EDGAR ↗
LUMA prospectus with the expense ratio (SEC) ↗
KraneShares page for LUMA ↗
XA filings on SEC EDGAR ↗
XA prospectus with the expense ratio (SEC) ↗
Corgi website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

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, LUMA against XA, data as of Nov 12, 2026. https://etfiq.com/compare/themes/luma-vs-xa

Open data →

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

LUMA and XA hold 0% of their weight in the same names.

LUMA on its own →XA on its own →
Growth of 100

LUMA and XA

Total return, distributions reinvested, 3 months.

LUMA −29.0%XA −3.6%
Aug 13, 2026Nov 12, 2026

LUMA −29.0%, XA −3.6%: XA +25.4 pts ahead, 3 months, Aug 13, 2026 to Nov 12, 2026.