Data as of .
TNXT vs XT: which is really different?
TNXT and XT hold 31% of their weight in the same names.
ETFIQ Off-Index Score: XT 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
31% 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 XT hold 31% of their money in the same securities at the same weight.
| Holding | TNXT | XT |
|---|---|---|
| AMAZON.COM INC | 3.02% | 2.71% |
| BROADCOM INC | 2.76% | 1.86% |
| TESLA INC | 1.80% | 4.10% |
| ADVANCED MICRO DEVICES | 2.53% | 0.97% |
| CISCO SYSTEMS INC | 0.78% | 1.23% |
| RENESAS ELECTRONICS CORP | 0.38% | 0.56% |
| ASTRAZENECA PLC | 0.29% | 1.28% |
| MERCK & CO. INC. | 0.11% | 1.77% |
| THALES SA | 0.10% | 0.28% |
| COINBASE GLOBAL INC -CLASS A | 0.09% | 0.44% |
| HENSOLDT AG | 0.10% | 0.06% |
| BIONTECH SE-ADR | 0.07% | 0.05% |
| Only in TNXT | Only in XT |
|---|---|
| NVIDIA CORP 7.23% | TEXAS INSTRUMENT INC 4.06% |
| APPLE INC 4.61% | ELI LILLY 4.00% |
| MICROSOFT CORP 2.67% | MICROSOFT 3.94% |
| ALPHABET INC CL A 2.57% | NVIDIA 3.85% |
| ALPHABET INC CL C 2.28% | PALO ALTO NETWORKS 3.43% |
| INTEL CORP 2.13% | JOHNSON & JOHNSON 3.13% |
| ELI LILLY & CO 1.99% | ANALOG DEVICES 3.03% |
| MICRON TECHNOLOGY INC 1.86% | CROWDSTRIKE HOLDINGS CLASS A 2.59% |
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 and Sep 18, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| TNXT | XT | TNXT | XT | TNXT | XT | |
| 3 months | +3.8% | 0.0% | +1.6 pts | −2.3 pts | +6.3 pts | +2.5 pts |
| 6 months | +27.4% | +22.9% | +9.3 pts | +4.8 pts | +3.1 pts | −1.4 pts |
| 1 year | not published | +24.4% | not published | +7.8 pts | not published | +2.6 pts |
| 3 years | not published | +67.9% | not published | −10.5 pts | not published | −30.2 pts |
| Since launch | +14.5% | +284.5% | +3.9 pts | −56.6 pts | −0.4 pts | −342.6 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 | XT iShares Future Exponential Technologies ETF Holds 225 stocks in broad innovation and megatrends, 64% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | T. Rowe Price | iShares |
| Theme | Broad innovation and megatrends | Broad innovation and megatrends |
| In the S&P 500 | 64.3% | 64.5% |
| Active share vs the S&P 500 | 51.6% | 67.5% |
| In the Nasdaq-100 | 46.9% | 39.4% |
| Holdings | 272 | 225 |
| Top ten, share of the fund | 31.8% | 33.9% |
| Expense ratio | 0.49% | 0.46% |
| Fee for the differing part | 0.95% | 0.68% |
| Total return, 1 year | +14.5% (since launch on Jan 29, 2026) | +24.4% |
| vs the S&P 500 | +3.9 pts | +7.8 pts |
| vs the Nasdaq-100 | −0.4 pts | +2.6 pts |
| Below its high | −1.4% | −1.9% |
| Net assets | $18m | $4.0bn |
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.
XT in plain words
By weight, 64% of XT's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 68%. The top ten holdings are 34% of the fund across 225 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +24.4% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 7.8 pts.
Questions people ask
- Do TNXT and XT hold the same stocks?
- By their latest filings, 31% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, TNXT or XT?
- TNXT has 64% of its weight in S&P 500 names and XT has 64%, so XT differs more from the index.
- Which is cheaper, TNXT or XT?
- TNXT charges 0.49% a year and XT charges 0.46%, so XT 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 XT, data as of Sep 18, 2026. https://etfiq.com/compare/themes/tnxt-vs-xt Free to use with attribution; the underlying files are at Open data.