TCAN vs TKNQ: which is really different?

TCAN and TKNQ hold 0% of their weight in the same names. 21Shares Canton Network ETF and Amplify Tokenization Technology Leaders ETF.

0.0%
TCAN in the S&P 500
24.2%
TKNQ in the S&P 500
−13.6%
TCAN total return, since launch
+2.5%
TKNQ total return, since launch
TCAN · 3 months to Sep 30, 2026100% of its weight is outside the S&P 500
100% of its weight is outside the S&P 5000% of TCAN's weight is in S&P 500 companies and 100% is outside the index0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 100% of the fund · 2 holdings filed Jun 30, 2026 · Nasdaq-100: 0% in100% of its weight is outside the S&P 5000% of TCAN's weight is in S&P 500 companies and 100% is outside the index0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 100% of the fund

0% of TCAN's weight is in S&P 500 companies and 100% is outside the index

TKNQ · 6 months to Sep 30, 202676% of its weight is outside the S&P 500
76% of its weight is outside the S&P 50024% of TKNQ's weight is in S&P 500 companies and 76% is outside the index24%76%in the S&P 500of its weight outside the S&P 500active share 93% · top ten 48% of the fund · 64 holdings filed Oct 1, 2026 · Nasdaq-100: 2% in76% of its weight is outside the S&P 50024% of TKNQ's weight is in S&P 500 companies and 76% is outside the index24%76%inoutside the S&P 500active share 93% · top ten 48% of the fund

24% of TKNQ's weight is in S&P 500 companies and 76% is outside the index

ETFIQ Off-Index Score · TCAN scores higherHow much of it is not the index it is sold as an alternative to?
0.1, the lowest in this set92.0, the highest

A percentile among the 375 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 →

What they hold in common

By the books each fund has filed, TCAN and TKNQ hold 0% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Oct 1, 2026.

half

0% in common

Positions both hold, largest shared weight first
Holding TCAN TKNQ
Only in TCAN
21Shares AG 53.31%
Canton Coin 46.69%
Only in TKNQ
Invesco Government & Agency Portfolio 12/31/2031 17.96%
Canary HBAR ETF 7.82%
Grayscale Chainlink Trust ETF 7.35%
Bitwise Solana Staking ETF 5.60%
Securitize Corp 1.92%
VanEck Avalanche ETF 1.91%
Ping An Insurance Group Co of China Ltd 1.30%
Gemini Space Station Inc 1.28%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

0% of the two portfolios are the same securities at the same weight.

Performance, window by window

Total returnvs the S&P 500vs the Nasdaq-100
WindowTCANTKNQTCANTKNQTCANTKNQ
3 months−10.4%+18.3%−12.9 pts+15.8 pts−12.5 pts+16.1 pts
6 monthsnot published+17.6%not published+0.6 ptsnot published−9.3 pts
Since launch
TCAN May 2026 · TKNQ Dec 2025
−13.6%+2.5%−18.3 pts−9.2 pts−20.3 pts−16.8 pts

TCAN and TKNQ over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

TCAN
21Shares Canton Network ETF · Holds 2 stocks in stablecoins and tokenisation, 0% of its weight in S&P 500 companies
TKNQ
Amplify Tokenization Technology Leaders ETF · Holds 64 stocks in stablecoins and tokenisation, 24% of its weight in S&P 500 companies
Issuer 21Shares Amplify
Theme Stablecoins and tokenisation Stablecoins and tokenisation
In the S&P 500 0.0% 24.2%
Active share vs the S&P 500 100.0% 93.1%
In the Nasdaq-100 0.0% 2.3%
Holdings 2 64
Top ten, share of the fund 100.0% 47.6%
Expense ratio 0.50% 0.69%
Fee for the differing part 0.50% 0.74%
Total return, 1 year −13.6% (since launch on May 7, 2026) +2.5% (since launch on Dec 23, 2025)
vs the S&P 500 −18.3 pts −9.2 pts
vs the Nasdaq-100 −20.3 pts −16.8 pts
Below its high −24.6% −3.7%
Net assets $9m $1m

TCAN and TKNQ on the same fields, as of Sep 30, 2026. Source: ETFIQ.

TCAN in plain words

By weight, 0% of TCAN's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 100% of the fund across 2 positions, as filed for Jun 30, 2026. Since it launched on May 7, 2026 the fund returned −13.6% with distributions reinvested against +4.8% for the S&P 500, so a holder was behind by 18.3 pts. It sits 24.6% below its all-time high of May 15, 2026.

TKNQ in plain words

By weight, 24% of TKNQ'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 48% of the fund across 64 positions, as published by its issuer for Oct 1, 2026. Since it launched on Dec 23, 2025 the fund returned +2.5% with distributions reinvested against +11.7% for the S&P 500, so a holder was behind by 9.2 pts.

Questions people ask

Do TCAN and TKNQ hold the same stocks?
By their latest filings, 0% 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, TCAN or TKNQ?
TCAN has 0% of its weight in S&P 500 names and TKNQ has 24%, so TCAN differs more from the index.
Which is cheaper, TCAN or TKNQ?
TCAN charges 0.50% a year and TKNQ charges 0.69%, so TCAN is cheaper. Fees come from each fund's prospectus.
Cite this page

ETFIQ, TCAN against TKNQ, data as of Sep 30, 2026. https://etfiq.com/compare/themes/tcan-vs-tknq

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.