{"url":"https://etfiq.com/compare/themes/tpz-vs-trfm","section":"compare","title":"TPZ vs TRFM: Holdings Overlap & Returns | ETFIQ","description":"Over the year to Oct 28, 2026, TPZ returned +3.7% to TRFM's +12.0%; 4% of their weight is in the same names. Returns and overlap to Oct 28, 2026.","as_of":"Oct 28, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Do TPZ and TRFM hold the same stocks?","acceptedAnswer":{"@type":"Answer","text":"By their latest filings, 4% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share."}},{"@type":"Question","name":"Which is more different from the S&P 500, TPZ or TRFM?","acceptedAnswer":{"@type":"Answer","text":"TPZ has 55% of its weight in S&P 500 names and TRFM has 47%, so TPZ differs more from the index."}},{"@type":"Question","name":"Which is cheaper, TPZ or TRFM?","acceptedAnswer":{"@type":"Answer","text":"TPZ charges 0.85% a year and TRFM charges 0.49%, so TRFM is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Thematic ETFs","item":"https://etfiq.com/themes/"},{"@type":"ListItem","position":3,"name":"Compare ETFs","item":"https://etfiq.com/compare/"},{"@type":"ListItem","position":4,"name":"TPZ vs TRFM","item":"https://etfiq.com/compare/themes/tpz-vs-trfm"}]},{"@type":"WebPage","name":"TPZ vs TRFM: Holdings Overlap & Returns","description":"Over the year to Oct 28, 2026, TPZ returned +3.7% to TRFM's +12.0%; 4% of their weight is in the same names. Returns and overlap to Oct 28, 2026.","url":"https://etfiq.com/compare/themes/tpz-vs-trfm","dateModified":"2026-10-28","abstract":"Over the year to Oct 28, 2026, TPZ returned +3.7% to TRFM's +12.0%; 4% of their weight is in the same names.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of TPZ and TRFM","description":"Over the year to Oct 28, 2026, TPZ returned +3.7% to TRFM's +12.0%; 4% of their weight is in the same names. Returns and overlap to Oct 28, 2026.","dateModified":"2026-10-28","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/themes/tpz-vs-trfm","license":"https://etfiq.com/license/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/thematic.json"}],"variableMeasured":["Weight overlap with the S&P 500","Active share","Holdings","Top ten share of the fund","Total return","Fee for the differing part","Expense ratio"],"keywords":["exchange-traded funds","ETF","Thematic ETFs","fund data","SEC filings"]}],"characters":6724,"truncated":true,"content":"ETFIQ / Thematic ETFs / Compare ETFs / TPZ vs TRFM \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Oct 28, 2026 .\n\n TPZ vs TRFM: Holdings Overlap & Returns\n\n Over the year to Oct 28, 2026, TPZ returned +3.7% to TRFM's +12.0%; 4% of their weight is in the same names.\n Copy this for sharing \n \n TRFM costs 0.36 points a year less; their one-year returns differ by 8.3 points.\n TPZ and TRFM at a glance. As of Oct 28, 2026. Source: ETFIQ. TPZ TRFM \n Expense ratio 0.85% 0.49% \n Net assets, TPZ as of May 31, 2026 and TRFM as of Jul 31, 2026 $129m $248m \n Total return, 1 year +3.7% +12.0% \n What","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, TPZ against TRFM, data as of Oct 28, 2026. https://etfiq.com/compare/themes/tpz-vs-trfm","a":{"ticker":"TPZ","name":"Tortoise Electrification Infrastructure ETF","issuer":"Tortoise","desk":"themes","as_of":"2026-10-28","verdict":"Between May 29, 2026 and Oct 16, 2026, TPZ lost 3.4%, against \u22122.0% for its own holdings.","url":"https://etfiq.com/funds/tpz","key_facts":[{"label":"Already in the S&P 500","value":"54.6%","as_of":"2026-05-31","source":"its SEC filing (Form N-PORT)"},{"label":"Active share vs the S&P 500","value":"98.3%","as_of":"2026-05-31","source":"ETFIQ"},{"label":"Top ten holdings","value":"52.7%","as_of":"2026-05-31","source":"its SEC filing (Form N-PORT)"},{"label":"Total return, 1 year","value":"+3.7%","as_of":"2026-10-28","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"12-month yield, capital gains included, on its starting price","value":"3.6%","as_of":"2026-10-28","source":"computed by ETFIQ from Tiingo daily prices and distributions"},{"label":"Last payment (paid quarterly), ex-date Sep 24, 2026","value":"$0.2035","as_of":"2026-09-24","source":"Tiingo end-of-day distributions"},{"label":"Net assets","value":"$129m","as_of":"2026-05-31","source":"SEC filing, whole fund, as filed for May 31, 2026"},{"label":"Expense ratio","value":"0.85%","as_of":"2026-03-30","source":"485BPOS XBRL, Mar 30, 2026"}]},"b":{"ticker":"TRFM","name":"AAM Transformers ETF","issuer":"AAM","desk":"themes","as_of":"2026-10-28","verdict":"Between Jul 31, 2026 and Oct 16, 2026, TRFM lost 4.0%, against \u22122.5% for its own holdings.","url":"https://etfiq.com/funds/trfm","key_facts":[{"label":"Already in the S&P 500","value":"46.7%","as_of":"2026-07-31","source":"its SEC filing (Form N-PORT)"},{"label":"Active share vs the S&P 500","value":"79.2%","as_of":"2026-07-31","source":"ETFIQ"},{"label":"Top ten holdings","value":"8.0%","as_of":"2026-07-31","source":"its SEC filing (Form N-PORT)"},{"label":"Total return, 1 year","value":"+12.0%","as_of":"2026-10-28","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"12-month yield, capital gains included, on its starting price","value":"0.2%","as_of":"2026-10-28","source":"computed by ETFIQ from Tiingo daily prices and distributions"},{"label":"Last payment, ex-date Dec 31, 2025","value":"$0.081","as_of":"2025-12-31","source":"Tiingo end-of-day distributions"},{"label":"Net assets","value":"$248m","as_of":"2026-07-31","source":"SEC filing, whole fund, as filed for Jul 31, 2026"},{"label":"Expense ratio","value":"0.49%","as_of":"2026-02-27","source":"485BPOS XBRL, Feb 27, 2026"}]},"overlap_pct":4,"full_text_at":"https://etfiq.com/compare/themes/tpz-vs-trfm"}