IQ

Data as of Nov 4, 2026.

vsOpen in the appCompare their flowsaskIQ about these two fundsAsk the committee about these two funds
Thematic ETFs

TCAI vs WISE: Holdings Overlap & Returns

Share
Share on XDownload as PDF

Over the year to Nov 4, 2026, TCAI returned +7.5% to WISE's −29.1%; 3% of their weight is in the same names.

askIQ about this page

askIQ about TCAI and WISE

Net assets: $230m on Aug 31, 2026 for Tortoise AI Infrastructure ETF, and $22m on Nov 4, 2026 for Themes Generative Artificial Intelligence ETF.

TCAI on its own →WISE on its own →
At a glance
60.4%
TCAI in the S&P 500
30.1%
WISE in the S&P 500
+7.5%
TCAI total return, 1 year
−29.1%
WISE total return, 1 year
TCAI · 1 year to Nov 4, 2026 40% of its weight is outside the S&P 500
40% of its weight is outside the S&P 50060% of TCAI's weight is in S&P 500 companies and 40% is outside the index. Holdings as of Aug 31, 2026.60%40%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 93% · top ten 43% of the fund · 46 holdings as filed for Aug 31, 2026 · Nasdaq-100: 26% in40% of its weight is outside the S&P 50060% of TCAI's weight is in S&P 500 companies and 40% is outside the index. Holdings as of Aug 31, 2026.60%40%in the S&P 500outsideactive share 93% · Nasdaq-100: 26% in

60% of TCAI's weight is in S&P 500 companies and 40% is outside the index. Holdings as of Aug 31, 2026.

WISE · 1 year to Nov 4, 2026 70% of its weight is outside the S&P 500
70% of its weight is outside the S&P 50030% of WISE's weight is in S&P 500 companies and 70% is outside the index. Holdings as of Nov 4, 2026.30%70%in the S&P 500of its weight outside the S&P 500active share 83% · top ten 49% of the fund · 41 holdings as published by its issuer for Nov 4, 2026 · Nasdaq-100: 28% in70% of its weight is outside the S&P 50030% of WISE's weight is in S&P 500 companies and 70% is outside the index. Holdings as of Nov 4, 2026.30%70%inoutside the S&P 500active share 83% · Nasdaq-100: 28% in

30% of WISE's weight is in S&P 500 companies and 70% is outside the index. Holdings as of Nov 4, 2026.

Pair scorecard

WISE costs 0.30 points a year less; their one-year returns differ by 36.6 points.

Points (pts) are percentage points.

TCAI vs WISE: Holdings Overlap & Returns
MeasureTCAIWISE
Return
Total return, 1 year+7.5%−29.1%
Drawdown
Below its all-time high39.3%, high on Jun 22, 202634.2%, high on Oct 15, 2025
Against its benchmark
What it tracksAI infrastructure and chipsArtificial intelligence
Its benchmark, total return, 1 year+15.0%
Against its benchmark, 1 yearbehind by 44.1 pts
Cost and size
Expense ratio0.65%0.35%
Net assets, TCAI as of Aug 31, 2026 and WISE as of Nov 4, 2026$230m$22m
Holdings
Holdings in common3%

Method

What they share

3%

By the books each fund has filed, TCAI and WISE hold 3% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Nov 4, 2026.

0 half 100%

half

3% in common

Positions both hold · largest shared weight first TCAI WISE
Credo Technology Group Holding 2.12% 0.75%
NVIDIA Corp 0.74% 5.47%
Hewlett Packard Enterprise Co 2.38% 0.67%
Applied Digital Corp 0.63% 1.24%
Only in one fund ↓
Only in TCAI
Dell Technologies Inc 6.37%
Vertiv Holdings Co 5.59%
Micron Technology Inc 5.29%
Sandisk Corp 4.25%
Ciena Corp 4.01%
Seagate Technology Holdings PL 3.83%
Quanta Services Inc 3.64%
nVent Electric PLC 3.42%
Only in WISE
Information Services Group Inc 6.06%
Caris Life Sciences Inc 5.24%
Advanced Micro Devices Inc 5.21%
C3.ai Inc 5.12%
Snowflake Inc 5.01%
Palantir Technologies Inc 4.59%
Alphabet Inc 4.26%
BIGBEAR.AI HOLDINGS INC 4.17%
Check overlap with more funds →

Window by window

Window by window: TCAI vs WISE: Holdings Overlap & Returns
Total returnvs its benchmark
WindowTCAIWISETCAIWISE
3 months−25.9%−18.0%not measured−16.7 pts vs ACWI
6 months−28.8%−23.6%not measured−26.2 pts vs ACWI
1 year+7.5%−29.1%not measured−44.1 pts vs ACWI
Since launchNot the same days: TCAI Aug 2025 · WISE Dec 2023+40.4%+23.6%not measured−45.1 pts vs ACWI

Open this comparison in the app →

Side by side

TCAI Tortoise AI Infrastructure ETF · Holds 46 stocks in aI infrastructure and chips, 60% of its weight in S&P 500 companies WISE Themes Generative Artificial Intelligence ETF · Holds 41 stocks in artificial intelligence, 30% of its weight in S&P 500 companies
Issuer Tortoise Themes
Theme AI infrastructure and chips Artificial intelligence
In the S&P 500 60.4% 30.1%
Active share vs the S&P 500 93.3% 83.3%
In the Nasdaq-100 25.7% 27.8%
Holdings 46 41
Top ten, share of the fund 42.6% 49.2%
Expense ratio 0.65% 0.35%
Fee for the differing part 0.70% 0.42%
Total return, 1 year +7.5% −29.1%
vs its benchmark not measured −44.1 pts vs ACWI
Below its high −39.3% −34.2%
Net assets, TCAI as of Aug 31, 2026 and WISE as of Nov 4, 2026 $230m $22m

As of Nov 4, 2026. Source: ETFIQ.

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

Alert

The week's ETF fund flows, by email on Sundays.

One-click unsubscribe. See Privacy.

About each fund
TCAI

By weight, 60% of TCAI's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 93%. The top ten holdings are 43% of the fund across 46 positions, as filed for Aug 31, 2026. Over the year to Nov 4, 2026 the fund returned +7.5% with distributions reinvested. It sits 39.3% below its all-time high of Jun 22, 2026.

WISE

By weight, 30% of WISE'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 49% of the fund across 41 positions, as published by its issuer for Nov 4, 2026. Over the year to Nov 4, 2026 the fund returned −29.1% with distributions reinvested against +15.0% for its benchmark, the MSCI ACWI Index, so a holder was behind by 44.1 pts. It sits 34.2% below its all-time high of Oct 15, 2025.

Questions people ask

Do TCAI and WISE 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, TCAI or WISE?
TCAI has 60% of its weight in S&P 500 names and WISE has 30%, so TCAI differs more from the index.
Which is cheaper, TCAI or WISE?
TCAI charges 0.65% a year and WISE charges 0.35%, so WISE is cheaper. Fees come from each fund's prospectus.
Other comparisons
TCAI vs DRAITCAI vs JHAITCAI vs NEWZTCAI vs DRGNWISE vs AIHYWISE vs AIPOWISE vs CGPTWISE vs AINF
Where to next
All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →TCAI on its own →WISE on its own →TCAI dividend history →TCAI holdings →WISE dividend history →WISE holdings →Method →Standards and sources →
Sources and dates
TCAI filings on SEC EDGAR ↗
TCAI prospectus with the expense ratio (SEC) ↗
Tortoise website ↗
WISE filings on SEC EDGAR ↗
WISE prospectus with the expense ratio (SEC) ↗
Themes page for WISE ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

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, TCAI against WISE, data as of Nov 4, 2026. https://etfiq.com/compare/themes/tcai-vs-wise

Open data →

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