Data as of .
TNXT vs XDAT: which is really different?
TNXT and XDAT hold 12% of their weight in the same names.
ETFIQ Off-Index Score: XDAT 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
12% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, TNXT and XDAT hold 12% of their money in the same securities at the same weight.
| Holding | TNXT | XDAT |
|---|---|---|
| MICROSOFT CORP | 2.67% | 3.55% |
| ALPHABET INC CL A | 2.57% | 9.76% |
| META PLATFORMS INC-CLASS A | 1.47% | 6.43% |
| NETFLIX INC | 0.66% | 0.92% |
| ORACLE CORP | 0.64% | 2.64% |
| APPLOVIN CORP-CLASS A | 0.49% | 5.02% |
| CROWDSTRIKE HOLDINGS INC - A | 0.46% | 4.39% |
| PALO ALTO NETWORKS INC | 0.44% | 4.54% |
| T-MOBILE US INC | 0.37% | 1.62% |
| CADENCE DESIGN SYS INC | 0.32% | 0.68% |
| ARISTA NETWORKS INC | 0.30% | 2.19% |
| DATADOG INC - CLASS A | 0.29% | 4.11% |
| Only in TNXT | Only in XDAT |
|---|---|
| NVIDIA CORP 7.23% | CLOUDFLARE INC 10.14% |
| APPLE INC 4.61% | MONGODB INC 3.75% |
| AMAZON.COM INC 3.02% | JFROG LTD 3.45% |
| BROADCOM INC 2.76% | NEBIUS GROUP NV 2.50% |
| ADVANCED MICRO DEVICES 2.53% | ROKU INC 2.42% |
| ALPHABET INC CL C 2.28% | SANDISK CORP 2.21% |
| INTEL CORP 2.13% | PALANTIR TECHNOLOGIES INC 1.89% |
| ELI LILLY & CO 1.99% | COREWEAVE INC 1.75% |
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.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| TNXT | XDAT | TNXT | XDAT | TNXT | XDAT | |
| 3 months | +3.8% | +10.6% | +1.6 pts | +8.3 pts | +6.3 pts | +13.1 pts |
| 6 months | +27.4% | +23.9% | +9.3 pts | +5.9 pts | +3.1 pts | −0.3 pts |
| 1 year | not published | −4.8% | not published | −21.4 pts | not published | −26.6 pts |
| 3 years | not published | +47.1% | not published | −31.3 pts | not published | −51.1 pts |
| Since launch | +14.5% | +9.1% | +3.9 pts | −108.2 pts | −0.4 pts | −127.9 pts |
| TNXT T. Rowe Price Innovation Leaders ETF Holds 272 stocks in broad innovation and megatrends, 64% of its weight in S&P 500 companies | XDAT Franklin Exponential Data ETF Holds 59 stocks in broad innovation and megatrends, 61% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | T. Rowe Price | Franklin |
| Theme | Broad innovation and megatrends | Broad innovation and megatrends |
| In the S&P 500 | 64.3% | 61.1% |
| Active share vs the S&P 500 | 51.6% | 86.2% |
| In the Nasdaq-100 | 46.9% | 49.6% |
| Holdings | 272 | 59 |
| Top ten, share of the fund | 31.8% | 56.7% |
| Expense ratio | 0.49% | 0.50% |
| Fee for the differing part | 0.95% | 0.58% |
| Total return, 1 year | +14.5% (since launch on Jan 29, 2026) | −4.8% |
| vs the S&P 500 | +3.9 pts | −21.4 pts |
| vs the Nasdaq-100 | −0.4 pts | −26.6 pts |
| Below its high | −1.4% | −12.3% |
| Net assets | $18m | $4m |
TNXT in plain words
By weight, 64% of TNXT's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 52%. The top ten holdings are 32% of the fund across 272 positions, as filed for Jun 30, 2026. Since it launched on Jan 29, 2026 the fund returned +14.5% with distributions reinvested against +10.6% for the S&P 500, so a holder was ahead by 3.9 pts.
XDAT in plain words
By weight, 61% of XDAT's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 86%. The top ten holdings are 57% of the fund across 59 positions, as filed for Jun 30, 2026. Over the year to Sep 18, 2026 the fund returned −4.8% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 21.4 pts. It sits 12.3% below its all-time high of Nov 9, 2021.
Questions people ask
- Do TNXT and XDAT hold the same stocks?
- By their latest filings, 12% 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, TNXT or XDAT?
- TNXT has 64% of its weight in S&P 500 names and XDAT has 61%, so XDAT differs more from the index.
- Which is cheaper, TNXT or XDAT?
- TNXT charges 0.49% a year and XDAT charges 0.50%, so TNXT 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, TNXT against XDAT, data as of Sep 18, 2026. https://etfiq.com/compare/themes/tnxt-vs-xdat Free to use with attribution; the underlying files are at Open data.