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The most concentrated innovation ETFs

Two funds on one theme can hold ten names or two hundred. That is the choice this list is about, and it is not visible in either fund’s name.

The most concentrated innovation ETFs, ranked by the share of the fund held in its ten largest positions, as of Sep 18, 2026. Source: ETFIQ.
#TickerFundTop ten weightHoldingsNet assetsTotal return, 1Y
1GXDWGlobal X Dorsey Wright Thematic ETF100.0%7$6m−10.2%
2AOTGAOT Growth and Innovation ETF68.4%41$105m+22.3%
3BULDPacer BlueStar Engineering the Future ET62.9%55$14m+37.2%
4FRWDNomura Transformational Technologies ETF60.8%25$285mtoo new
5DTREFirst Trust Alerian Disruptive Technolog59.2%37$14m+8.0%
6GDOCGoldman Sachs Future Health Care Equity 58.2%41$20m+13.9%
7XDATFranklin Exponential Data ETF56.7%59$4m−4.8%
8FDCFFidelity Disruptive Communications ETF56.1%38$101m+1.5%
9LFSCF/m Emerald Life Sciences Innovation ETF54.7%39$105m+53.0%
10FDTXFidelity Disruptive Technology ETF52.4%39$288m+37.2%
11BUYZFranklin Disruptive Commerce ETF50.0%58$5m−22.6%
12ARKKARK Innovation ETF49.7%46$7.9bn+6.1%
13CARZFirst Trust S-Network Future Vehicles & 47.7%106$48m+50.4%
14FDFFFidelity Disruptive Finance ETF47.5%45$47m−4.9%
15ILDRFirst Trust Innovation Leaders ETF44.1%82$342m+19.9%

Method

The 29 of 30 ETFs in the broad innovation and megatrends theme with a filed book, most concentrated first. Across the funds listed here the weight in the ten largest runs from 44.1% to 100.0%. Concentration is not a fault. It is how much of the fund rides on ten decisions. The ranking is the published field sorted, nothing else: no scoring, no weighting and no view on any fund. Every fund ETFIQ covers in this category is eligible, including funds that have closed, because leaving them out would flatter the category.

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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.

A ranking is not a recommendation and no order on this site is an opinion. ETFIQ is an independent publisher, not an adviser. Standards and sources

Cite this page. ETFIQ, The most concentrated innovation ETFs, ranked by the share of the fund held in its ten largest positions, data as of Sep 18, 2026. https://etfiq.com/rankings/themes-concentrated-innovation Free to use with attribution; the underlying files are at Open data.