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Data as of .

MADE vs MAKX: which is really different?

MADE and MAKX hold 4% of their weight in the same names, and MAKX returned more over the year.

iShares U.S. Manufacturing ETF and ProShares S&P Kensho Smart Factories ETF.

80.2%MADE in the S&P 500
36.7%MAKX in the S&P 500
+20.6%MADE total return, 1 year
+22.8%MAKX total return, 1 year

ETFIQ Off-Index Score: MAKX scores higher

How much of it is not the index it is sold as an alternative to?

MADE 31.3MAKX 32.30.1, the lowest in this set91.8, the highest

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

MADE20% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
80%20%of its weight in S&P 500 companiesoutside the S&P 500active share 95% · top ten 39% of the fund · 117 holdings filed Sep 17, 2026 · Nasdaq-100: 6% in80%20%in the S&P 50020% of its weight outside the S&P 500active share 95% · top ten 39% of the fund
MAKX63% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
37%63%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 95% · top ten 60% of the fund · 24 holdings filed Sep 18, 2026 · Nasdaq-100: 15% in37%63%inoutside the S&P 500active share 95% · top ten 60% of the fund

4% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, MADE and MAKX hold 4% of their money in the same securities at the same weight.

Positions MADE and MAKX both hold, largest shared weight first
HoldingMADEMAKX
ROCKWELL AUTOMATION INC2.19%5.59%
DOVER CORP1.20%2.71%
Only in each
Only in MADEOnly in MAKX
EATON PLC 4.15%3D SYSTEMS CORP 8.20%
DEERE 4.09%OUSTER INC 7.38%
CATERPILLAR INC 4.02%EMERSON ELECTRIC CO 6.26%
AMPHENOL CORP CLASS A 3.86%COGNEX CORP 6.11%
RTX 3.81%SK TELECOM CO LTD-SPON ADR 6.02%
PARKER-HANNIFIN 3.75%AUTODESK INC 5.52%
CUMMINS INC 3.48%AMBIQ MICRO INC 5.21%
GENERAL MOTORS 3.43%ZEBRA TECHNOLOGIES CORP-CL A 4.96%

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 Sep 18, 2026.

Performance, window by window

MADE and MAKX over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
MADEMAKXMADEMAKXMADEMAKX
3 months−10.2%−10.7%−12.5 pts−12.9 pts−7.8 pts−8.2 pts
6 months+5.9%+26.0%−12.2 pts+8.0 pts−18.4 pts+1.8 pts
1 year+20.6%+22.8%+4.0 pts+6.3 pts−1.2 pts+1.1 pts
3 yearsnot published+94.2%not published+15.8 ptsnot published−4.0 pts
Since launch+46.3%+65.7%+4.9 pts−24.1 pts−5.7 pts−41.7 pts
Open the live comparison on ETFIQ
MADE and MAKX on the same fields, as of Sep 18, 2026. Source: ETFIQ.
MADE
iShares U.S. Manufacturing ETF
Holds 117 stocks in reshoring and manufacturing, 80% of its weight in S&P 500 companies
MAKX
ProShares S&P Kensho Smart Factories ETF
Holds 24 stocks in reshoring and manufacturing, 37% of its weight in S&P 500 companies
IssueriSharesProShares
ThemeReshoring and manufacturingReshoring and manufacturing
In the S&P 50080.2%36.7%
Active share vs the S&P 50094.8%95.1%
In the Nasdaq-1005.6%15.0%
Holdings11724
Top ten, share of the fund38.7%59.5%
Expense ratio0.40%0.58%
Fee for the differing part0.42%0.61%
Total return, 1 year+20.6%+22.8%
vs the S&P 500+4.0 pts+6.3 pts
vs the Nasdaq-100−1.2 pts+1.1 pts
Below its high−11.4%−12.8%
Net assets$59m$5m

MADE in plain words

By weight, 80% of MADE's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 95%. The top ten holdings are 39% of the fund across 117 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +20.6% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 4.0 pts. It sits 11.4% below its all-time high of Jun 22, 2026.

MAKX in plain words

By weight, 37% of MAKX's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 95%. The top ten holdings are 60% of the fund across 24 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +22.8% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 6.3 pts. It sits 12.8% below its all-time high of Jun 2, 2026.

Questions people ask

Do MADE and MAKX hold the same stocks?
By their latest filings, 4% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, MADE or MAKX?
MADE has 80% of its weight in S&P 500 names and MAKX has 37%, so MAKX differs more from the index.
Which is cheaper, MADE or MAKX?
MADE charges 0.40% a year and MAKX charges 0.58%, so MADE 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.

MADE against MAKX, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, MADE against MAKX, data as of Sep 18, 2026. https://etfiq.com/compare/themes/made-vs-makx Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources