Data as of .
WISE vs XAIX: which is really different?
WISE and XAIX hold 20% of their weight in the same names, and XAIX returned more over the year.
ETFIQ Off-Index Score: WISE 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
20% 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 XAIX hold 20% of their money in the same securities at the same weight.
| Holding | WISE | XAIX |
|---|---|---|
| NVIDIA Corp | 4.70% | 3.73% |
| Amazon.com Inc | 3.46% | 3.86% |
| Alphabet Inc | 2.91% | 4.00% |
| Palantir Technologies Inc | 3.18% | 2.90% |
| Arista Networks Inc | 1.69% | 1.62% |
| Oracle Corp | 1.56% | 3.55% |
| Snowflake Inc | 5.15% | 0.83% |
| Kingsoft Cloud Holdings Ltd | 1.96% | 0.04% |
| SoundHound AI Inc | 3.35% | 0.03% |
| Ambarella Inc | 2.10% | 0.03% |
| Only in WISE | Only in XAIX |
|---|---|
| Advanced Micro Devices Inc 11.41% | MICRON TECHNOLOGY INC 9.03% |
| QuickLogic Corp 7.53% | SAMSUNG ELECTRONICS CO LTD 8.32% |
| Gorilla Technology Group Inc 5.49% | SK HYNIX INC 7.69% |
| Broadcom Inc 3.53% | INTEL CORP 4.92% |
| Information Services Group Inc 3.45% | CISCO SYSTEMS INC 4.13% |
| BigBear.ai Holdings Inc 3.37% | APPLE INC 3.78% |
| Blaize Holdings Inc 3.13% | META PLATFORMS INC 3.15% |
| Datasection Inc 3.07% | BANK OF AMERICA CORP 3.09% |
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 May 31, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| WISE | XAIX | WISE | XAIX | WISE | XAIX | |
| 3 months | −13.3% | −1.3% | −15.6 pts | −3.6 pts | −10.8 pts | +1.1 pts |
| 6 months | +7.5% | +41.6% | −10.5 pts | +23.6 pts | −16.8 pts | +17.3 pts |
| 1 year | −17.1% | +39.6% | −33.7 pts | +23.0 pts | −38.9 pts | +17.8 pts |
| Since launch | +42.7% | +101.2% | −28.9 pts | +54.6 pts | −44.1 pts | +38.8 pts |
| WISE Themes Generative Artificial Intelligence ETF Holds 40 stocks in artificial intelligence, 32% of its weight in S&P 500 companies | XAIX Xtrackers Artificial Intelligence and Big Data ETF Holds 91 stocks in artificial intelligence, 71% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Themes | Xtrackers |
| Theme | Artificial intelligence | Artificial intelligence |
| In the S&P 500 | 32.4% | 70.6% |
| Active share vs the S&P 500 | 83.6% | 72.0% |
| In the Nasdaq-100 | 29.2% | 50.2% |
| Holdings | 40 | 91 |
| Top ten, share of the fund | 51.4% | 53.0% |
| Expense ratio | 0.35% | 0.35% |
| Fee for the differing part | 0.42% | 0.49% |
| Total return, 1 year | −17.1% | +39.6% |
| vs the S&P 500 | −33.7 pts | +23.0 pts |
| vs the Nasdaq-100 | −38.9 pts | +17.8 pts |
| Below its high | −24.0% | −4.9% |
| Net assets | $28m | $174m |
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.
XAIX in plain words
By weight, 71% of XAIX's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 72%. The top ten holdings are 53% of the fund across 91 positions, as filed for May 31, 2026. Over the year to Sep 18, 2026 the fund returned +39.6% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 23.0 pts.
Questions people ask
- Do WISE and XAIX hold the same stocks?
- By their latest filings, 20% 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, WISE or XAIX?
- WISE has 32% of its weight in S&P 500 names and XAIX has 71%, so WISE differs more from the index.
- Which is cheaper, WISE or XAIX?
- WISE charges 0.35% a year and XAIX 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.
Cite this page. ETFIQ, WISE against XAIX, data as of Sep 18, 2026. https://etfiq.com/compare/themes/wise-vs-xaix Free to use with attribution; the underlying files are at Open data.