Data as of . Holdings from the fund’s latest public SEC N-PORT filing; overlap and active share computed by ETFIQ against the IVV and QQQM books; returns from Tiingo end-of-day prices with distributions reinvested.
LENS · Sarmaya Thematic ETF
not published · Themes desk
Open the live card on ETFIQBy weight, 22% of LENS's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 42% of the fund across 43 positions, as filed for May 29, 2026. Over the year to Sep 4, 2026 the fund returned +56.0% with distributions reinvested against +20.0% for the S&P 500, so a holder was ahead by 36.1 pts. It sits 7.1% below its all-time high of Feb 27, 2026.
| Theme (ETFIQ, editorial) | Broad innovation and megatrends |
|---|---|
| Launched | Jan 29, 2025 |
| Already in the S&P 500, by weight (ETFIQ) | 21.7% |
| Active share vs the S&P 500 (ETFIQ) | 97.9% |
| Already in the Nasdaq-100, by weight (ETFIQ) | 1.7% |
| Active share vs the Nasdaq-100 (ETFIQ) | 99.7% |
| Top ten holdings weight | 42.3% |
| Holdings | 43 |
| Net assets (latest filing) | $53M |
| Holdings as of (SEC N-PORT) | May 29, 2026 |
| Top holdings | SPDR Gold MiniShares Trust 9.0%, iShares Gold Trust Micro 5.8%, iShares Silver Trust 4.2%, Chevron Corp 4.2%, Exxon Mobil Corp 4.2%, Kinross Gold Corp 4.0%, Agnico Eagle Mines Ltd 3.0%, Gold Fields Ltd 2.9%, Equinox Gold Corp 2.5%, SLB Ltd 2.4% |
| 3 months: total return / S&P 500 / gap / Nasdaq-100 gap (ETFIQ) | +13.4% / +4.7% / +8.8 pts / +11.4 pts |
| 6 months: total return / S&P 500 / gap / Nasdaq-100 gap (ETFIQ) | +1.2% / +15.2% / −14.0 pts / −19.0 pts |
| 1 year: total return / S&P 500 / gap / Nasdaq-100 gap (ETFIQ) | +56.0% / +20.0% / +36.1 pts / +30.4 pts |
| since launch: total return / S&P 500 / gap / Nasdaq-100 gap (ETFIQ) | +90.4% / +30.2% / +60.3 pts / +51.4 pts |
| Below its all-time high (ETFIQ) | −7.1% |
| Expense ratio (prospectus XBRL) | 0.79% |
| Fee for the part that differs from the S&P 500, active expense ratio (ETFIQ) | 0.81% |
| Closest funds by holdings overlap | ICOP 11% |
Questions people ask
- How much of LENS is already in the S&P 500?
- By its holdings filed for May 29, 2026, 22% of LENS by weight is stocks the S&P 500 already holds. Its active share against the index is 98%, so that share is the part doing something different.
- What does LENS hold?
- 43 positions as filed for May 29, 2026, with the top ten at 42% of the fund. The largest are SPDR Gold MiniShares Trust at 9.0%, iShares Gold Trust Micro at 5.8%, iShares Silver Trust at 4.2%.
- Has LENS beaten the S&P 500?
- Over the year to Sep 4, 2026 LENS returned +56.0% with distributions reinvested, against +20.0% for the S&P 500, so it finished ahead of the index by 36.1 points.
- What does LENS cost?
- The prospectus expense ratio is 0.79% a year. Because 98% of the fund differs from the S&P 500, the fee on that differing part works out at 0.81%.
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.
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<p><a href="https://etfiq.com/funds/LENS.html">LENS difference bar, updated daily by ETFIQ</a></p>Cite this page. ETFIQ, LENS on the themes desk, data as of Sep 4, 2026. https://etfiq.com/funds/LENS.html Free to use with attribution; the underlying files are at Open data.
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