Data as of Nov 4, 2026.

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Thematic ETFs

MADE vs PEXL: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, MADE returned +12.2% to PEXL's +22.3%; 3% of their weight is in the same names.

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Net assets on Nov 3, 2026: $56m for iShares U.S. Manufacturing ETF and $52m for Pacer US Export Leaders ETF.

At a glance
80.7%
MADE in the S&P 500
97.7%
PEXL in the S&P 500
+12.2%
MADE total return, 1 year
+22.3%
PEXL total return, 1 year
MADE · 1 year to Nov 4, 2026 19% of its weight is outside the S&P 500
19% of its weight is outside the S&P 50081% of MADE's weight is in S&P 500 companies and 19% is outside the index. Holdings as of Nov 3, 2026.81%19%of its weight in S&P 500 companiesoutside the S&P 500active share 95% · top ten 37% of the fund · 112 holdings as published by its issuer for Nov 3, 2026 · Nasdaq-100: 9% in19% of its weight is outside the S&P 50081% of MADE's weight is in S&P 500 companies and 19% is outside the index. Holdings as of Nov 3, 2026.81%19%in the S&P 50019% of its weight outside the S&P 500active share 95% · Nasdaq-100: 9% in

81% of MADE's weight is in S&P 500 companies and 19% is outside the index. Holdings as of Nov 3, 2026.

PEXL · 1 year to Nov 4, 2026 2% of its weight is outside the S&P 500
2% of its weight is outside the S&P 50098% of PEXL's weight is in S&P 500 companies and 2% is outside the index. Holdings as of Jul 31, 2026.98%2%of its weight in S&P 500 companies2% of its weight outside the S&P 500active share 67% · top ten 45% of the fund · 100 holdings as filed for Jul 31, 2026 · Nasdaq-100: 63% in2% of its weight is outside the S&P 50098% of PEXL's weight is in S&P 500 companies and 2% is outside the index. Holdings as of Jul 31, 2026.98%2%of its weight in S&P 500 companies2% of its weight outside the S&P 500active share 67% · Nasdaq-100: 63% in

98% of PEXL's weight is in S&P 500 companies and 2% is outside the index. Holdings as of Jul 31, 2026.

Pair scorecard

MADE costs 0.09 points a year less; their one-year returns differ by 10.1 points; MADE is 1.1 times larger.

Points (pts) are percentage points.

MADE vs PEXL: Holdings Overlap & Returns
MeasureMADEPEXL
Return
Total return, 1 year+12.2%+22.3%
Drawdown
Below its all-time high14.7%, high on Jun 22, 20266.7%, high on Jun 30, 2026
Against its benchmark
What it tracksReshoring and manufacturingReshoring and manufacturing
Against the S&P 500, 1 yearahead by 7.5 pts
Its benchmark, total return, 1 year+14.8%
Against its benchmark, 1 yearahead by 7.5 pts
Cost and size
Expense ratio0.40%0.49%
Net assets, as of Nov 3, 2026$56m$52m
Holdings
Holdings in common3%
Top ten holdings, share of the fund37%44%
ETFIQ S&P 500 Difference Score · MADE scores higher How much of its weight does it not share with the S&P 500?
IQ Themes Score68MADE11PEXL

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

3%

By the books each fund has filed, MADE and PEXL hold 3% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Nov 3, 2026.

0 half 100%

half

3% in common

Positions both hold · largest shared weight first MADE PEXL
AMPHENOL CORP CLASS A 4.29% 1.62%
TE CONNECTIVITY PLC 3.09% 0.49%
AMETEK INC 2.77% 0.45%
TELEDYNE TECHNOLOGIES 1.50% 0.25%
FORTIVE 0.98% 0.15%
GRACO 0.36% 0.11%
LITTELFUSE 0.51% 0.09%
Only in one fund ↓
Only in MADE
RTX 4.09%
DEERE 4.07%
EATON PLC 3.91%
PARKER-HANNIFIN 3.84%
GENERAL MOTORS 3.76%
HONEYWELL INTERNATIONAL INC 3.45%
CUMMINS INC 3.35%
VERTIV HOLDINGS CLASS A 3.20%
Only in PEXL
Microsoft Corp 6.18%
Apple Inc 5.51%
Broadcom Inc 5.29%
Alphabet Inc 5.14%
Meta Platforms Inc 5.10%
Advanced Micro Devices Inc 4.83%
Applied Materials Inc 3.31%
Coca-Cola Co 3.09%
Check overlap with more funds →

Window by window

Window by window: MADE vs PEXL: Holdings Overlap & Returns
Total returnvs its benchmark
WindowMADEPEXLMADEPEXL
3 months−12.5%−2.9%not measured−2.8 pts vs VOO
6 months−10.6%+1.1%not measured−3.9 pts vs VOO
1 year+12.2%+22.3%not measured+7.5 pts vs VOO
3 years–+76.6%–−6.7 pts vs VOO
Since launchNot the same days: MADE Jul 2024 · PEXL Jul 2018+40.8%+191.7%not measured−18.1 pts vs VOO

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Side by side

MADE iShares U.S. Manufacturing ETF · Holds 112 stocks in reshoring and manufacturing, 81% of its weight in S&P 500 companies PEXL Pacer US Export Leaders ETF · Holds 100 stocks in reshoring and manufacturing, 98% of its weight in S&P 500 companies
Issuer iShares Pacer
Theme Reshoring and manufacturing Reshoring and manufacturing
In the S&P 500 80.7% 97.7%
Active share vs the S&P 500 94.8% 67.1%
In the Nasdaq-100 9.4% 63.3%
Holdings 112 100
Top ten, share of the fund 37.1% 44.5%
Expense ratio 0.40% 0.49%
Fee for the differing part 0.42% 0.73%
Total return, 1 year +12.2% +22.3%
vs its benchmark not measured +7.5 pts vs VOO
Below its high −14.7% −6.7%
Net assets, as of Nov 3, 2026 $56m $52m

As of Nov 4, 2026. Source: ETFIQ.

3% of the two portfolios are the same securities at the same weight.

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About each fund
MADE

By weight, 81% 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 37% of the fund across 112 positions, as published by its issuer for Nov 3, 2026. Over the year to Nov 4, 2026 the fund returned +12.2% with distributions reinvested. It sits 14.7% below its all-time high of Jun 22, 2026.

PEXL

By weight, 98% of PEXL's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 67%. The top ten holdings are 44% of the fund across 100 positions, as filed for Jul 31, 2026. Over the year to Nov 4, 2026 the fund returned +22.3% with distributions reinvested against +14.8% for its benchmark, the S&P 500 Index, so a holder was ahead by 7.5 pts. It sits 6.7% below its all-time high of Jun 30, 2026.

Questions people ask

Do MADE and PEXL hold the same stocks?
By their latest filings, 3% 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, MADE or PEXL?
MADE has 81% of its weight in S&P 500 names and PEXL has 98%, so MADE differs more from the index.
Which is cheaper, MADE or PEXL?
MADE charges 0.40% a year and PEXL charges 0.49%, so MADE is cheaper. Fees come from each fund's prospectus.
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Where to next
Sources and dates

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, MADE against PEXL, data as of Nov 4, 2026. https://etfiq.com/compare/themes/made-vs-pexl

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