Ranked by expense ratio multiplied by the weight already in the index, latest holdings filing and prospectus, as of . Rebuilt every trading night.
The costliest way to own S&P 500 names
Only funds with at least half their weight already in the index are eligible, because the measure is meaningless below that.
| # | Ticker | Fund | Fee on index names | Expense ratio | In the S&P 500 | Active share |
|---|---|---|---|---|---|---|
| 1 | AINT | FINQ DOLLAR NEUTRAL U.S. Large Cap AI-Managed Equity ETF | 1.25% | 1.25% | 100.0% | 80.2% |
| 2 | AIUP | FINQ FIRST U.S. Large Cap AI-Managed Equity ETF | 0.70% | 0.70% | 100.0% | 76.1% |
| 3 | LQAI | LG QRAFT AI-Powered U.S. Large Cap Core ETF | 0.67% | 0.75% | 89.9% | 62.1% |
| 4 | AGIQ | SoFi Agentic AI ETF | 0.59% | 0.69% | 85.6% | 85.1% |
| 5 | AIFD | TCW Artificial Intelligence ETF | 0.58% | 0.75% | 77.7% | 73.7% |
| 6 | AOTG | AOT Growth and Innovation ETF | 0.58% | 0.75% | 77.4% | 69.1% |
| 7 | IVES | Dan IVES Wedbush AI Revolution ETF | 0.55% | 0.75% | 73.9% | 66.5% |
| 8 | RBLD | First Trust Alerian U.S. NextGen Infrastructure ETF | 0.54% | 0.65% | 83.0% | 91.8% |
| 9 | FTXL | First Trust Nasdaq Semiconductor ETF | 0.51% | 0.60% | 85.6% | 81.2% |
| 10 | EPAI | Harbor AI Inflection Strategy ETF | 0.51% | 0.88% | 58.0% | 95.5% |
| 11 | AGIX | KraneShares Artificial Intelligence and Technology ETF | 0.51% | 1.00% | 51.0% | 69.8% |
| 12 | FAI | First Trust Bloomberg Artificial Intelligence ETF | 0.50% | 0.65% | 77.0% | 70.0% |
| 13 | ILDR | First Trust Innovation Leaders ETF | 0.49% | 0.75% | 64.9% | 67.1% |
| 14 | PNQI | Invesco NASDAQ Internet ETF | 0.46% | 0.60% | 76.9% | 78.8% |
| 15 | FRWD | Nomura Transformational Technologies ETF | 0.46% | 0.65% | 70.1% | 74.3% |
Method
Both inputs are published: the fee from the prospectus, the index weight from the fund's own holdings filing. The product is the fee a holder pays on the part of the fund the S&P 500 already covers. 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.
Where to next
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 costliest way to own S&P 500 names, ranked by expense ratio multiplied by the weight already in the index, data as of Sep 4, 2026. https://etfiq.com/rankings/themes-costliest-index-exposure.html Free to use with attribution; the underlying files are at Open data.