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Data as of Nov 4, 2026.

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Thematic ETFs

RACK vs WUGI: Holdings Overlap & Returns

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RACK and WUGI hold 30% of their weight in the same names.

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Net assets: $68m on Nov 2, 2026 for VanEck Data Center Supply Chain ETF, and $27m on Nov 4, 2026 for AXS Esoterica NextG Economy ETF.

RACK on its own →WUGI on its own →
At a glance
79.0%
RACK in the S&P 500
75.0%
WUGI in the S&P 500
−23.3%
RACK total return, since launch, Jun 2, 2026
−1.4%
WUGI total return, 1 year
RACK · 3 months to Nov 4, 2026 21% of its weight is outside the S&P 500
21% of its weight is outside the S&P 50079% of RACK's weight is in S&P 500 companies and 21% is outside the index. Holdings as of Jun 30, 2026.79%21%of its weight in S&P 500 companiesoutside the S&P 500active share 84% · top ten 43% of the fund · 50 holdings as filed for Jun 30, 2026 · Nasdaq-100: 42% in21% of its weight is outside the S&P 50079% of RACK's weight is in S&P 500 companies and 21% is outside the index. Holdings as of Jun 30, 2026.79%21%in the S&P 500outsideactive share 84% · Nasdaq-100: 42% in

79% of RACK's weight is in S&P 500 companies and 21% is outside the index. Holdings as of Jun 30, 2026.

WUGI · 1 year to Nov 4, 2026 25% of its weight is outside the S&P 500
25% of its weight is outside the S&P 50075% of WUGI's weight is in S&P 500 companies and 25% is outside the index. Holdings as of Jun 30, 2026.75%25%of its weight in S&P 500 companiesoutside the S&P 500active share 75% · top ten 56% of the fund · 31 holdings as filed for Jun 30, 2026 · Nasdaq-100: 71% in25% of its weight is outside the S&P 50075% of WUGI's weight is in S&P 500 companies and 25% is outside the index. Holdings as of Jun 30, 2026.75%25%in the S&P 500outsideactive share 75% · Nasdaq-100: 71% in

75% of WUGI's weight is in S&P 500 companies and 25% is outside the index. Holdings as of Jun 30, 2026.

Pair scorecard

RACK costs 0.34 points a year less; RACK is 2.5 times larger.

Points (pts) are percentage points.

RACK vs WUGI: Holdings Overlap & Returns
MeasureRACKWUGI
Return
Total return, 1 yearnot published−1.4%
Drawdown
Below its all-time high25.3%, high on Jun 22, 202624.4%, high on Jun 30, 2026
Against its benchmark
What it tracksDigital infrastructure and data centersDigital infrastructure and data centers
Against the S&P 500, 1 yearbehind by 16.2 pts
Its benchmark, total return, 1 year+14.8%
Against its benchmark, 1 yearbehind by 16.2 pts
Cost and size
Expense ratio0.50%0.84%
Net assets, as of Nov 3, 2026$70m$28m
Holdings
Holdings in common30%
ETFIQ S&P 500 Difference Score · RACK scores higher How much of its weight does it not share with the S&P 500?
IQ Themes Score48.7RACK24.1WUGI

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

30%

By the books each fund has filed, RACK and WUGI hold 30% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026.

0 half 100%

half

30% in common

Positions both hold · largest shared weight first RACK WUGI
Micron Technology Inc 5.31% 7.19%
Sandisk Corp 4.57% 4.49%
NVIDIA Corp 4.10% 4.79%
Broadcom Inc 4.17% 3.85%
Advanced Micro Devices Inc 3.00% 5.43%
Eaton Corp PLC 4.23% 2.50%
Marvell Technology Inc 1.29% 5.79%
QUALCOMM Inc 1.05% 2.03%
Quanta Services Inc 2.63% 0.97%
CoreWeave Inc 0.97% 0.89%
Seagate Technology Holdings PLC 3.08% 0.88%
Cadence Design Systems Inc 0.88% 2.73%
Only in one fund ↓
Only in RACK
Amphenol Corp 4.85%
Cameco Corp 4.40%
Constellation Energy Corp 4.21%
Public Service Enterprise Group Inc 4.03%
Vertiv Holdings Co 3.25%
Western Digital Corp 3.08%
Oracle Corp 2.99%
Arista Networks Inc 2.89%
Only in WUGI
TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD 8.16%
APPLIED MATERIALS INC 5.83%
INTEL CORP 4.98%
ASML HOLDING NV 4.53%
AMAZON.COM INC 4.49%
ALPHABET INC 4.27%
GE VERNOVA INC 3.74%
ROBINHOOD MARKETS INC 2.88%
Check overlap with more funds →

Window by window

Window by window: RACK vs WUGI: Holdings Overlap & Returns
Total returnvs its benchmark
WindowRACKWUGIRACKWUGI
3 months−16.5%−13.8%not measured−13.7 pts vs VOO
6 months–−13.1%–−18.1 pts vs VOO
1 year–−1.4%–−16.2 pts vs VOO
3 years–+106.4%–+23.1 pts vs VOO
Since launchNot the same days: RACK Jun 2026 · WUGI Mar 2020−23.3%+260.5%not measured+33.7 pts vs VOO

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Side by side

RACK VanEck Data Center Supply Chain ETF · Holds 50 stocks in digital infrastructure and data centers, 79% of its weight in S&P 500 companies WUGI AXS Esoterica NextG Economy ETF · Holds 31 stocks in digital infrastructure and data centers, 75% of its weight in S&P 500 companies
Issuer VanEck AXS
Theme Digital infrastructure and data centers Digital infrastructure and data centers
In the S&P 500 79.0% 75.0%
Active share vs the S&P 500 84.3% 75.2%
In the Nasdaq-100 41.9% 70.5%
Holdings 50 31
Top ten, share of the fund 43.1% 55.7%
Expense ratio 0.50% 0.84%
Fee for the differing part 0.59% 1.12%
Total return, 1 year −23.3% (since launch, Jun 2, 2026) −1.4%
vs its benchmark not measured −16.2 pts vs VOO
Below its high −25.3% −24.4%
Net assets, RACK as of Nov 2, 2026 and WUGI as of Nov 4, 2026 $68m $27m

As of Nov 4, 2026. Source: ETFIQ.

30% of the two portfolios are the same securities at the same weight.

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About each fund
RACK

By weight, 79% 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 43% of the fund across 50 positions, as filed for Jun 30, 2026. Since it first traded on Jun 2, 2026 the fund returned −23.3% with distributions reinvested. It sits 25.3% below its all-time high of Jun 22, 2026.

WUGI

By weight, 75% of WUGI's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 75%. The top ten holdings are 56% of the fund across 31 positions, as filed for Jun 30, 2026. Over the year to Nov 4, 2026 the fund returned −1.4% with distributions reinvested against +14.8% for its benchmark, the S&P 500 Index, so a holder was behind by 16.2 pts. It sits 24.4% below its all-time high of Jun 30, 2026.

Questions people ask

Do RACK and WUGI hold the same stocks?
By their latest filings, 30% 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, RACK or WUGI?
RACK has 79% of its weight in S&P 500 names and WUGI has 75%, so RACK differs more from the index.
Which is cheaper, RACK or WUGI?
RACK charges 0.50% a year and WUGI charges 0.84%, so RACK is cheaper. Fees come from each fund's prospectus.
Other comparisons
RACK vs UFOXRACK vs KNCTRACK vs SNSRRACK vs SRVRWUGI vs DTCRWUGI vs KNCTWUGI vs IDGTWUGI vs NXTG
Where to next
RACK on its own →WUGI on its own →RACK holdings →WUGI dividend history →WUGI holdings →Method →Standards and sources →
Sources and dates
RACK filings on SEC EDGAR ↗
RACK prospectus with the expense ratio (SEC) ↗
VanEck website ↗
WUGI filings on SEC EDGAR ↗
WUGI prospectus with the expense ratio (SEC) ↗
AXS website ↗

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.

Cite this pageCitation, APA and Markdown

ETFIQ, RACK against WUGI, data as of Nov 4, 2026. https://etfiq.com/compare/themes/rack-vs-wugi

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.