Data as of .
PBOT vs XAIX: which is really different?
PBOT and XAIX hold 21% of their weight in the same names.
ETFIQ Off-Index Score: PBOT scores higher
How much of it is not the index it is sold as an alternative to?
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
21% 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 XAIX hold 21% of their money in the same securities at the same weight.
| Holding | PBOT | XAIX |
|---|---|---|
| ALPHABET INC-CL A | 6.86% | 4.00% |
| NVIDIA CORP | 3.15% | 3.73% |
| MICRON TECHNOLOGY INC | 2.12% | 9.03% |
| PALO ALTO NETWORKS INC | 4.57% | 1.74% |
| CROWDSTRIKE HOLDINGS INC - A | 4.64% | 1.62% |
| SALESFORCE INC | 2.12% | 1.58% |
| META PLATFORMS INC-CLASS A | 0.98% | 3.15% |
| SNOWFLAKE INC | 4.73% | 0.83% |
| FORTINET INC | 2.40% | 0.71% |
| AKAMAI TECHNOLOGIES INC | 1.42% | 0.18% |
| F5 INC | 1.12% | 0.16% |
| ZSCALER INC | 2.04% | 0.14% |
| Only in PBOT | Only in XAIX |
|---|---|
| KLA CORP 6.36% | SAMSUNG ELECTRONICS CO LTD 8.32% |
| TAIWAN SEMICONDUCTOR-SP ADR 6.34% | SK HYNIX INC 7.69% |
| BROADCOM INC 6.33% | INTEL CORP 4.92% |
| ASML HOLDING NV /EUR/ 5.77% | CISCO SYSTEMS INC 4.13% |
| INFINEON TECHNOLOGIES AG /EUR/ 3.91% | AMAZON.COM INC 3.86% |
| CLOUDFLARE INC - CLASS A 2.93% | APPLE INC 3.78% |
| LAM RESEARCH CORP 2.21% | ORACLE CORP 3.55% |
| NXP SEMICONDUCTORS NV 2.21% | BANK OF AMERICA CORP 3.09% |
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 Jun 30, 2026 and May 31, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| PBOT | XAIX | PBOT | XAIX | PBOT | XAIX | |
| 3 months | +1.0% | −1.3% | −1.2 pts | −3.6 pts | +3.5 pts | +1.1 pts |
| 6 months | +39.5% | +41.6% | +21.4 pts | +23.6 pts | +15.2 pts | +17.3 pts |
| 1 year | not published | +39.6% | not published | +23.0 pts | not published | +17.8 pts |
| Since launch | +34.6% | +101.2% | +18.0 pts | +54.6 pts | +13.9 pts | +38.8 pts |
| PBOT Pictet AI & Automation ETF Holds 44 stocks in artificial intelligence, 61% of its weight in S&P 500 companies | XAIX Xtrackers Artificial Intelligence and Big Data ETF Holds 91 stocks in artificial intelligence, 71% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Pictet | Xtrackers |
| Theme | Artificial intelligence | Artificial intelligence |
| In the S&P 500 | 61.0% | 70.6% |
| Active share vs the S&P 500 | 82.1% | 72.0% |
| In the Nasdaq-100 | 52.2% | 50.2% |
| Holdings | 44 | 91 |
| Top ten, share of the fund | 52.6% | 53.0% |
| Expense ratio | 0.70% | 0.35% |
| Fee for the differing part | 0.85% | 0.49% |
| Total return, 1 year | +34.6% (since launch on Oct 16, 2025) | +39.6% |
| vs the S&P 500 | +18.0 pts | +23.0 pts |
| vs the Nasdaq-100 | +13.9 pts | +17.8 pts |
| Below its high | −3.8% | −4.9% |
| Net assets | $14m | $174m |
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.
XAIX in plain words
By weight, 71% of XAIX's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 72%. The top ten holdings are 53% of the fund across 91 positions, as filed for May 31, 2026. Over the year to Sep 18, 2026 the fund returned +39.6% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 23.0 pts.
Questions people ask
- Do PBOT and XAIX hold the same stocks?
- By their latest filings, 21% 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 XAIX?
- PBOT has 61% of its weight in S&P 500 names and XAIX has 71%, so PBOT differs more from the index.
- Which is cheaper, PBOT or XAIX?
- PBOT charges 0.70% a year and XAIX charges 0.35%, so XAIX 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.
Cite this page. ETFIQ, PBOT against XAIX, data as of Sep 18, 2026. https://etfiq.com/compare/themes/pbot-vs-xaix Free to use with attribution; the underlying files are at Open data.