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Data as of .

WISE vs XA: which is really different?

WISE and XA hold 0% of their weight in the same names.

Themes Generative Artificial Intelligence ETF and Corgi AI Cybersecurity ETF.

32.4%WISE in the S&P 500
47.2%XA in the S&P 500
−17.1%WISE total return, 1 year
+59.5%XA total return, 1 year

ETFIQ Off-Index Score: XA scores higher

How much of it is not the index it is sold as an alternative to?

WISE 16.2XA 59.60.1, the lowest in this set91.8, the highest

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

WISE68% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
32%68%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 84% · top ten 51% of the fund · 40 holdings filed Jun 30, 2026 · Nasdaq-100: 29% in32%68%inoutside the S&P 500active share 84% · top ten 51% of the fund
XA53% of its weight is outside the S&P 500 · 3 months to Sep 18, 2026
47%53%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 99% · top ten 65% of the fund · 26 holdings filed Sep 18, 2026 · Nasdaq-100: 40% in47%53%in the S&P 500outside the S&P 500active share 99% · top ten 65% of the fund

0% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, WISE and XA hold 0% of their money in the same securities at the same weight.

Only in each
Only in WISEOnly in XA
Advanced Micro Devices Inc 11.41%Palo Alto Networks Inc 12.91%
QuickLogic Corp 7.53%Crowdstrike Holdings Inc 11.86%
Gorilla Technology Group Inc 5.49%Okta Inc 6.91%
Snowflake Inc 5.15%Fortinet Inc 5.87%
NVIDIA Corp 4.70%Datadog Inc 5.29%
Broadcom Inc 3.53%Rubrik Inc 4.81%
Amazon.com Inc 3.46%Cloudflare Inc 4.66%
Information Services Group Inc 3.45%Zscaler Inc 4.16%

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

WISE and XA over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
WISEXAWISEXAWISEXA
3 months−13.3%+27.7%−15.6 pts+25.4 pts−10.8 pts+30.2 pts
6 months+7.5%not published−10.5 ptsnot published−16.8 ptsnot published
1 year−17.1%not published−33.7 ptsnot published−38.9 ptsnot published
Since launch+42.7%+59.5%−28.9 pts+55.1 pts−44.1 pts+55.6 pts
Open the live comparison on ETFIQ
WISE and XA on the same fields, as of Sep 18, 2026. Source: ETFIQ.
WISE
Themes Generative Artificial Intelligence ETF
Holds 40 stocks in artificial intelligence, 32% 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
IssuerThemesCorgi
ThemeArtificial intelligenceArtificial intelligence
In the S&P 50032.4%47.2%
Active share vs the S&P 50083.6%98.9%
In the Nasdaq-10029.2%40.1%
Holdings4026
Top ten, share of the fund51.4%64.6%
Expense ratio0.35%0.35%
Fee for the differing part0.42%0.35%
Total return, 1 year−17.1%+59.5% (since launch on May 6, 2026)
vs the S&P 500−33.7 pts+55.1 pts
vs the Nasdaq-100−38.9 pts+55.6 pts
Below its high−24.0%−2.6%
Net assets$28m$6m

WISE in plain words

By weight, 32% of WISE's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 84%. The top ten holdings are 51% of the fund across 40 positions, as filed for Jun 30, 2026. Over the year to Sep 18, 2026 the fund returned −17.1% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 33.7 pts. It sits 24.0% below its all-time high of Oct 15, 2025.

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 WISE and XA hold the same stocks?
By their latest filings, 0% 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, WISE or XA?
WISE has 32% of its weight in S&P 500 names and XA has 47%, so XA differs more from the index.
Which is cheaper, WISE or XA?
WISE charges 0.35% a year and XA charges 0.35%, so WISE 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.

WISE against XA, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, WISE against XA, data as of Sep 18, 2026. https://etfiq.com/compare/themes/wise-vs-xa Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources