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Data as of .

NXTG vs RACK: which is really different?

NXTG and RACK hold 15% of their weight in the same names.

First Trust Indxx NextG ETF and VanEck Data Center Supply Chain ETF.

35.2%NXTG in the S&P 500
76.8%RACK in the S&P 500
+49.8%NXTG total return, 1 year
−9.5%RACK total return, 1 year

ETFIQ Off-Index Score: NXTG scores higher

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

NXTG 21.9RACK 16.80.1, 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

NXTG65% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
35%65%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 88% · top ten 17% of the fund · 110 holdings filed Sep 18, 2026 · Nasdaq-100: 16% in35%65%inoutside the S&P 500active share 88% · top ten 17% of the fund
RACK23% of its weight is outside the S&P 500 · 3 months to Sep 18, 2026
77%23%of its weight in S&P 500 companiesoutside the S&P 500active share 84% · top ten 44% of the fund · 50 holdings filed Sep 17, 2026 · Nasdaq-100: 34% in77%23%in the S&P 500outsideactive share 84% · top ten 44% of the fund

15% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, NXTG and RACK hold 15% of their money in the same securities at the same weight.

Positions NXTG and RACK both hold, largest shared weight first
HoldingNXTGRACK
Arista Networks, Inc.1.69%2.58%
Advanced Micro Devices, Inc.1.59%2.99%
Micron Technology, Inc.1.46%4.58%
NVIDIA Corporation1.42%4.60%
Hewlett Packard Enterprise Company1.72%1.26%
Equinix, Inc.1.26%1.40%
Marvell Technology, Inc.1.24%1.26%
Broadcom Inc.1.23%4.48%
QUALCOMM Incorporated1.19%1.18%
Digital Realty Trust, Inc.1.29%1.02%
Super Micro Computer, Inc.1.71%0.84%
Only in each
Only in NXTGOnly in RACK
Lenovo Group Limited 2.10%Eaton Corp Plc 4.74%
Advantech Co., Ltd. 1.90%Amphenol Corp 4.41%
United Microelectronics Corporation 1.69%Sk Hynix Inc 4.37%
Skyworks Solutions, Inc. 1.62%Cameco Corp 4.22%
Wiwynn Corporation 1.61%Constellation Energy Corp 4.01%
NEC Corporation 1.58%Public Service Enterprise Group Inc 3.94%
Qorvo, Inc. 1.58%Quanta Services Inc 3.07%
Fujitsu Limited 1.56%Oracle Corp 3.04%

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

NXTG and RACK over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
NXTGRACKNXTGRACKNXTGRACK
3 months−1.8%−10.7%−4.0 pts−12.9 pts+0.7 pts−8.2 pts
6 months+40.2%not published+22.2 ptsnot published+16.0 ptsnot published
1 year+49.8%not published+33.2 ptsnot published+28.0 ptsnot published
3 years+133.6%not published+55.2 ptsnot published+35.4 ptsnot published
Since launch+534.3%−9.5%−112.2 pts−10.2 pts−770.4 pts−6.3 pts
Open the live comparison on ETFIQ
NXTG and RACK on the same fields, as of Sep 18, 2026. Source: ETFIQ.
NXTG
First Trust Indxx NextG ETF
Holds 110 stocks in digital infrastructure and data centers, 35% of its weight in S&P 500 companies
RACK
VanEck Data Center Supply Chain ETF
Holds 50 stocks in digital infrastructure and data centers, 77% of its weight in S&P 500 companies
IssuerFirst TrustVanEck
ThemeDigital infrastructure and data centersDigital infrastructure and data centers
In the S&P 50035.2%76.8%
Active share vs the S&P 50087.9%83.9%
In the Nasdaq-10015.9%33.6%
Holdings11050
Top ten, share of the fund17.2%43.7%
Expense ratio0.70%0.50%
Fee for the differing part0.80%0.60%
Total return, 1 year+49.8%−9.5% (since launch on Jun 2, 2026)
vs the S&P 500+33.2 pts−10.2 pts
vs the Nasdaq-100+28.0 pts−6.3 pts
Below its high−7.3%−11.8%
Net assets$566m$64m

NXTG in plain words

By weight, 35% of NXTG's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 88%. The top ten holdings are 17% of the fund across 110 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +49.8% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 33.2 pts. It sits 7.3% below its all-time high of Jun 2, 2026.

RACK in plain words

By weight, 77% of RACK's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 84%. The top ten holdings are 44% of the fund across 50 positions, as published by its issuer for Sep 18, 2026. Since it launched on Jun 2, 2026 the fund returned −9.5% with distributions reinvested against +0.8% for the S&P 500, so a holder was behind by 10.2 pts. It sits 11.8% below its all-time high of Jun 22, 2026.

Questions people ask

Do NXTG and RACK hold the same stocks?
By their latest filings, 15% 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, NXTG or RACK?
NXTG has 35% of its weight in S&P 500 names and RACK has 77%, so NXTG differs more from the index.
Which is cheaper, NXTG or RACK?
NXTG charges 0.70% a year and RACK charges 0.50%, so RACK 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.

NXTG against RACK, 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, NXTG against RACK, data as of Sep 18, 2026. https://etfiq.com/compare/themes/nxtg-vs-rack Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources