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Data as of .

PBOT vs THNQ: which is really different?

PBOT and THNQ hold 25% of their weight in the same names.

Pictet AI & Automation ETF and ROBO Global(R) Artificial Intelligence ETF.

61.0%PBOT in the S&P 500
43.9%THNQ in the S&P 500
+34.6%PBOT total return, 1 year
+42.4%THNQ total return, 1 year

ETFIQ Off-Index Score: THNQ scores higher

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

PBOT 13.6THNQ 15.30.1, 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

PBOT39% of its weight is outside the S&P 500 · 6 months to Sep 18, 2026
61%39%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 82% · top ten 53% of the fund · 44 holdings filed Jun 30, 2026 · Nasdaq-100: 52% in61%39%in the S&P 500outsideactive share 82% · top ten 53% of the fund
THNQ56% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
44%56%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 83% · top ten 28% of the fund · 53 holdings filed Apr 30, 2026 · Nasdaq-100: 39% in44%56%in the S&P 500outside the S&P 500active share 83% · top ten 28% of the fund

25% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, PBOT and THNQ hold 25% of their money in the same securities at the same weight.

Positions PBOT and THNQ both hold, largest shared weight first
HoldingPBOTTHNQ
ALPHABET INC-CL A6.86%2.60%
LAM RESEARCH CORP2.21%2.17%
NVIDIA CORP3.15%2.04%
PALO ALTO NETWORKS INC4.57%2.02%
CLOUDFLARE INC - CLASS A2.93%1.99%
CROWDSTRIKE HOLDINGS INC - A4.64%1.80%
TERADYNE INC1.80%1.88%
DATADOG INC - CLASS A1.58%2.02%
SNOWFLAKE INC4.73%1.21%
META PLATFORMS INC-CLASS A0.98%1.84%
SPOTIFY TECHNOLOGY SA0.97%1.04%
HUBSPOT INC0.91%1.16%
Only in each
Only in PBOTOnly in THNQ
KLA CORP 6.36%ADVANCED MICRO DEVICES, INC. 3.46%
TAIWAN SEMICONDUCTOR-SP ADR 6.34%Nebius Group N.V. 2.94%
BROADCOM INC 6.33%Global Unichip Corp 2.92%
ASML HOLDING NV /EUR/ 5.77%LUMENTUM HOLDINGS INC. 2.84%
INFINEON TECHNOLOGIES AG /EUR/ 3.91%Astera Labs, Inc 2.71%
FORTINET INC 2.40%Infineon Technologies AG 2.67%
NXP SEMICONDUCTORS NV 2.21%Credo Technology Group Holding Ltd 2.62%
SALESFORCE INC 2.12%MediaTek Inc. 2.54%

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 Apr 30, 2026 and Jun 30, 2026.

Performance, window by window

PBOT and THNQ over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
PBOTTHNQPBOTTHNQPBOTTHNQ
3 months+1.0%+2.8%−1.2 pts+0.6 pts+3.5 pts+5.3 pts
6 months+39.5%+54.1%+21.4 pts+36.1 pts+15.2 pts+29.9 pts
1 yearnot published+42.4%not published+25.8 ptsnot published+20.6 pts
3 yearsnot published+165.2%not published+86.8 ptsnot published+67.0 pts
Since launch+34.6%+264.4%+18.0 pts+79.6 pts+13.9 pts+34.3 pts
Open the live comparison on ETFIQ
PBOT and THNQ on the same fields, as of Sep 18, 2026. Source: ETFIQ.
PBOT
Pictet AI & Automation ETF
Holds 44 stocks in artificial intelligence, 61% of its weight in S&P 500 companies
THNQ
ROBO Global(R) Artificial Intelligence ETF
Holds 53 stocks in artificial intelligence, 44% of its weight in S&P 500 companies
IssuerPictetROBO Global
ThemeArtificial intelligenceArtificial intelligence
In the S&P 50061.0%43.9%
Active share vs the S&P 50082.1%83.1%
In the Nasdaq-10052.2%38.5%
Holdings4453
Top ten, share of the fund52.6%27.8%
Expense ratio0.70%0.68%
Fee for the differing part0.85%0.82%
Total return, 1 year+34.6% (since launch on Oct 16, 2025)+42.4%
vs the S&P 500+18.0 pts+25.8 pts
vs the Nasdaq-100+13.9 pts+20.6 pts
Below its high−3.8%−2.5%
Net assets$14m$322m

PBOT in plain words

By weight, 61% of PBOT's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 82%. The top ten holdings are 53% of the fund across 44 positions, as filed for Jun 30, 2026. Since it launched on Oct 16, 2025 the fund returned +34.6% with distributions reinvested against +16.5% for the S&P 500, so a holder was ahead by 18.0 pts.

THNQ in plain words

By weight, 44% of THNQ's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 83%. The top ten holdings are 28% of the fund across 53 positions, as filed for Apr 30, 2026. Over the year to Sep 18, 2026 the fund returned +42.4% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 25.8 pts.

Questions people ask

Do PBOT and THNQ hold the same stocks?
By their latest filings, 25% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, PBOT or THNQ?
PBOT has 61% of its weight in S&P 500 names and THNQ has 44%, so THNQ differs more from the index.
Which is cheaper, PBOT or THNQ?
PBOT charges 0.70% a year and THNQ charges 0.68%, so THNQ 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.

PBOT against THNQ, 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, PBOT against THNQ, data as of Sep 18, 2026. https://etfiq.com/compare/themes/pbot-vs-thnq Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources