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Data as of Nov 4, 2026.

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Thematic ETFs

UFOX vs WUGI: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, UFOX returned +15.3% to WUGI's −1.4%; 16% of their weight is in the same names.

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Net assets: $782m on Nov 3, 2026 for Defiance Space and Connective Tech ETF, and $27m on Nov 4, 2026 for AXS Esoterica NextG Economy ETF.

UFOX on its own →WUGI on its own →
At a glance
52.2%
UFOX in the S&P 500
75.0%
WUGI in the S&P 500
+15.3%
UFOX total return, 1 year
−1.4%
WUGI total return, 1 year
UFOX · 1 year to Nov 4, 2026 48% of its weight is outside the S&P 500
48% of its weight is outside the S&P 50052% of UFOX's weight is in S&P 500 companies and 48% is outside the index. Holdings as of Nov 4, 2026.52%48%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 82% · top ten 37% of the fund · 61 holdings as published by its issuer for Nov 4, 2026 · Nasdaq-100: 36% in48% of its weight is outside the S&P 50052% of UFOX's weight is in S&P 500 companies and 48% is outside the index. Holdings as of Nov 4, 2026.52%48%in the S&P 500outsideactive share 82% · Nasdaq-100: 36% in

52% of UFOX's weight is in S&P 500 companies and 48% is outside the index. Holdings as of Nov 4, 2026.

WUGI · 1 year to Nov 4, 2026 25% of its weight is outside the S&P 500
25% of its weight is outside the S&P 50075% of WUGI's weight is in S&P 500 companies and 25% is outside the index. Holdings as of Jun 30, 2026.75%25%of its weight in S&P 500 companiesoutside the S&P 500active share 75% · top ten 56% of the fund · 31 holdings as filed for Jun 30, 2026 · Nasdaq-100: 71% in25% of its weight is outside the S&P 50075% of WUGI's weight is in S&P 500 companies and 25% is outside the index. Holdings as of Jun 30, 2026.75%25%in the S&P 500outsideactive share 75% · Nasdaq-100: 71% in

75% of WUGI's weight is in S&P 500 companies and 25% is outside the index. Holdings as of Jun 30, 2026.

Pair scorecard

UFOX costs 0.54 points a year less; their one-year returns differ by 16.7 points; UFOX is far larger, $782m against $28m.

Points (pts) are percentage points.

UFOX vs WUGI: Holdings Overlap & Returns
MeasureUFOXWUGI
Return
Total return, 1 year+15.3%−1.4%
Drawdown
Below its all-time high29.7%, high on Jun 2, 202624.4%, high on Jun 30, 2026
Against its benchmark
What it tracksDigital infrastructure and data centersDigital infrastructure and data centers
Against the S&P 500, 1 yearbehind by 16.2 pts
Its benchmark, total return, 1 year+14.8%
Against its benchmark, 1 yearbehind by 16.2 pts
Cost and size
Expense ratio0.30%0.84%
Net assets, as of Nov 3, 2026$782m$28m
Holdings
Holdings in common16%
ETFIQ S&P 500 Difference Score · UFOX scores higher How much of its weight does it not share with the S&P 500?
IQ Themes Score39UFOX24.1WUGI

How different its holdings are from the S&P 500, ranked against 114 thematic ETFs with at least half their money in S&P 500 companies. 100 is best. How it is computed

0.4, the lowest in this set 99.6, the highest

Weight not shared with the S&P 500 only; it says nothing about returns, fees or whether the theme pays off. All thematic ETFs ranked by it →

Method

What they share

16%

By the books each fund has filed, UFOX and WUGI hold 16% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 4, 2026.

0 half 100%

half

16% in common

Positions both hold · largest shared weight first UFOX WUGI
Nvidia Corp 5.01% 4.79%
Broadcom Inc 5.00% 3.85%
Qualcomm Inc 2.28% 2.03%
Marvell Technology Inc 1.66% 5.79%
Cloudflare Inc 1.55% 1.87%
Space Exploration Technologies Corp 5.16% 1.10%
Macom Technology Solutions Holdings Inc 1.11% 0.96%
Only in one fund ↓
Only in UFOX
Apple Inc 6.20%
Cisco Systems Inc 3.73%
Skyworks Solutions Inc 2.45%
Oracle Corp 2.42%
Arista Networks Inc 2.38%
Rocket Lab Corp 2.07%
American Tower Corp 1.87%
Equinix Inc 1.70%
Only in WUGI
TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD 8.16%
MICRON TECHNOLOGY INC 7.19%
APPLIED MATERIALS INC 5.83%
ADVANCED MICRO DEVICES INC 5.43%
INTEL CORP 4.98%
ASML HOLDING NV 4.53%
SANDISK CORP 4.49%
AMAZON.COM INC 4.49%
Check overlap with more funds →

Window by window

Window by window: UFOX vs WUGI: Holdings Overlap & Returns
Total returnvs its benchmark
WindowUFOXWUGIUFOXWUGI
3 months−11.7%−13.8%not measured−13.7 pts vs VOO
6 months−14.9%−13.1%not measured−18.1 pts vs VOO
1 year+15.3%−1.4%not measured−16.2 pts vs VOO
3 years+147.2%+106.4%not measured+23.1 pts vs VOO
Since launchNot the same days: UFOX Mar 2019 · WUGI Mar 2020+227.3%+260.5%not measured+33.7 pts vs VOO

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Side by side

UFOX Defiance Space and Connective Tech ETF · Holds 61 stocks in digital infrastructure and data centers, 52% of its weight in S&P 500 companies WUGI AXS Esoterica NextG Economy ETF · Holds 31 stocks in digital infrastructure and data centers, 75% of its weight in S&P 500 companies
Issuer Defiance AXS
Theme Digital infrastructure and data centers Digital infrastructure and data centers
In the S&P 500 52.2% 75.0%
Active share vs the S&P 500 82.2% 75.2%
In the Nasdaq-100 36.4% 70.5%
Holdings 61 31
Top ten, share of the fund 36.7% 55.7%
Expense ratio 0.30% 0.84%
Fee for the differing part 0.36% 1.12%
Total return, 1 year +15.3% −1.4%
vs its benchmark not measured −16.2 pts vs VOO
Below its high −29.7% −24.4%
Net assets, UFOX as of Nov 3, 2026 and WUGI as of Nov 4, 2026 $782m $27m

As of Nov 4, 2026. Source: ETFIQ.

16% of the two portfolios are the same securities at the same weight.

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About each fund
UFOX

By weight, 52% of UFOX's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 82%. The top ten holdings are 37% of the fund across 61 positions, as published by its issuer for Nov 4, 2026. Over the year to Nov 4, 2026 the fund returned +15.3% with distributions reinvested. It sits 29.7% below its all-time high of Jun 2, 2026.

WUGI

By weight, 75% of WUGI's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 75%. The top ten holdings are 56% of the fund across 31 positions, as filed for Jun 30, 2026. Over the year to Nov 4, 2026 the fund returned −1.4% with distributions reinvested against +14.8% for its benchmark, the S&P 500 Index, so a holder was behind by 16.2 pts. It sits 24.4% below its all-time high of Jun 30, 2026.

Questions people ask

Do UFOX and WUGI hold the same stocks?
By their latest filings, 16% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, UFOX or WUGI?
UFOX has 52% of its weight in S&P 500 names and WUGI has 75%, so UFOX differs more from the index.
Which is cheaper, UFOX or WUGI?
UFOX charges 0.30% a year and WUGI charges 0.84%, so UFOX is cheaper. Fees come from each fund's prospectus.
Other comparisons
UFOX vs RACKUFOX vs KNCTUFOX vs SNSRUFOX vs IDGTWUGI vs DTCRWUGI vs RACKWUGI vs NXTGWUGI vs IDGT
Where to next
UFOX on its own →WUGI on its own →UFOX dividend history →UFOX holdings →WUGI dividend history →WUGI holdings →Method →Standards and sources →
Sources and dates
UFOX filings on SEC EDGAR ↗
UFOX prospectus with the expense ratio (SEC) ↗
Defiance page for UFOX ↗
WUGI filings on SEC EDGAR ↗
WUGI prospectus with the expense ratio (SEC) ↗
AXS website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

It is a place in a set, not a rating or a recommendation.

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, UFOX against WUGI, data as of Nov 4, 2026. https://etfiq.com/compare/themes/ufox-vs-wugi

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.