Data as of .
THNQ vs XA: which is really different?
THNQ and XA hold 9% of their weight in the same names.
ETFIQ Off-Index Score: XA 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
9% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, THNQ and XA hold 9% of their money in the same securities at the same weight.
| Holding | THNQ | XA |
|---|---|---|
| PALO ALTO NETWORKS, INC. | 2.02% | 12.91% |
| DATADOG, INC. | 2.02% | 5.29% |
| CLOUDFLARE, INC. | 1.99% | 4.66% |
| CROWDSTRIKE HOLDINGS, INC. | 1.80% | 11.86% |
| Elastic N.V. | 1.22% | 3.92% |
| Only in THNQ | Only in XA |
|---|---|
| ADVANCED MICRO DEVICES, INC. 3.46% | Okta Inc 6.91% |
| Nebius Group N.V. 2.94% | Fortinet Inc 5.87% |
| Global Unichip Corp 2.92% | Rubrik Inc 4.81% |
| LUMENTUM HOLDINGS INC. 2.84% | Zscaler Inc 4.16% |
| Astera Labs, Inc 2.71% | F5 Inc 4.14% |
| Infineon Technologies AG 2.67% | GEN DIGITAL INC 3.95% |
| Credo Technology Group Holding Ltd 2.62% | Qualys Inc 3.78% |
| ALPHABET INC. 2.60% | CACI International Inc 3.61% |
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 Sep 18, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| THNQ | XA | THNQ | XA | THNQ | XA | |
| 3 months | +2.8% | +27.7% | +0.6 pts | +25.4 pts | +5.3 pts | +30.2 pts |
| 6 months | +54.1% | not published | +36.1 pts | not published | +29.9 pts | not published |
| 1 year | +42.4% | not published | +25.8 pts | not published | +20.6 pts | not published |
| 3 years | +165.2% | not published | +86.8 pts | not published | +67.0 pts | not published |
| Since launch | +264.4% | +59.5% | +79.6 pts | +55.1 pts | +34.3 pts | +55.6 pts |
| THNQ ROBO Global(R) Artificial Intelligence ETF Holds 53 stocks in artificial intelligence, 44% of its weight in S&P 500 companies | XA Corgi AI Cybersecurity ETF Holds 26 stocks in artificial intelligence, 47% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | ROBO Global | Corgi |
| Theme | Artificial intelligence | Artificial intelligence |
| In the S&P 500 | 43.9% | 47.2% |
| Active share vs the S&P 500 | 83.1% | 98.9% |
| In the Nasdaq-100 | 38.5% | 40.1% |
| Holdings | 53 | 26 |
| Top ten, share of the fund | 27.8% | 64.6% |
| Expense ratio | 0.68% | 0.35% |
| Fee for the differing part | 0.82% | 0.35% |
| Total return, 1 year | +42.4% | +59.5% (since launch on May 6, 2026) |
| vs the S&P 500 | +25.8 pts | +55.1 pts |
| vs the Nasdaq-100 | +20.6 pts | +55.6 pts |
| Below its high | −2.5% | −2.6% |
| Net assets | $322m | $6m |
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.
XA in plain words
By weight, 47% of XA's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 65% of the fund across 26 positions, as published by its issuer for Sep 18, 2026. Since it launched on May 6, 2026 the fund returned +59.5% with distributions reinvested against +4.3% for the S&P 500, so a holder was ahead by 55.1 pts.
Questions people ask
- Do THNQ and XA hold the same stocks?
- By their latest filings, 9% 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, THNQ or XA?
- THNQ has 44% of its weight in S&P 500 names and XA has 47%, so XA differs more from the index.
- Which is cheaper, THNQ or XA?
- THNQ charges 0.68% a year and XA charges 0.35%, so XA 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, THNQ against XA, data as of Sep 18, 2026. https://etfiq.com/compare/themes/thnq-vs-xa Free to use with attribution; the underlying files are at Open data.