# AI infrastructure ETFs: 11 funds, largest first

> Every AI infrastructure ETF ETFIQ covers: 11 funds compared on how much of each is already in the S&P 500 by weight, active share, concentration

Data as of Oct 2, 2026. Rebuilt every trading night.

Data as of Oct 2, 2026 .

## AI infrastructure ETFs: what each one holds

Funds that hold what the AI boom runs on rather than the companies using it: the chips, the power, the cooling and the data centre hardware. 11 funds, largest first, measured by holdings rather than by name. The typical fund carries 63% of its weight in S&P 500 names, which is the 3rd most of the 53 themes here with filed books.

11 US listed AI infrastructure ETFs

$925m The largest, AIPO

0.50% The cheapest, CHPX

+98.8% Best one year, CHPX

### The short answers

Least like the S&P 500 CHPX , Global X AI Semiconductor & Quantum ETF, 62.1% of its weight in S&P 500 companies. Closest pair AINF and CHPX , 48% of their weight in the same companies.

### What these funds actually own

Between them the 6 funds' ten largest holdings name 45 companies, of which 12 appear in more than one. Nvidia Corp is among the ten largest of 3 of them, at an average of 7.9% of the fund.

| Company | Among the ten largest of | Average weight where it is | Largest, and in which fund |
| --- | --- | --- | --- |
| Nvidia Corp NVDA | 3 of 6 | 7.9% | 9.9% in CHPX |
| Broadcom Inc AVGO | 3 of 6 | 7.1% | 9.5% in AINF |
| Quanta Services Inc PWR | 3 of 6 | 5.5% | 8.7% in AIPO |
| First American Government Obligations Fund 12/01 FGXXX | 2 of 6 | 27.3% | 29.2% in AINF |
| TAIWAN SEMICONDUCTOR-SP ADR TSM | 2 of 6 | 10.6% | 10.6% in CHPX |
| Micron Technology Inc MU | 2 of 6 | 10.3% | 13.0% in CHPX |
| ADVANCED MICRO DEVICES AMD | 2 of 6 | 7.6% | 9.7% in AINF |
| Eaton Corp Plc ETN | 2 of 6 | 6.4% | 8.5% in AIPO |
| Ge Vernova Inc GEV | 2 of 6 | 6.1% | 8.4% in AIPO |
| Vertiv Holdings Co VRT | 2 of 6 | 5.5% | 6.6% in AIPO |
| Alphabet Inc GOOGL | 2 of 6 | 4.1% | 4.2% in AIPO |
| Constellation Energy Corp CEG | 2 of 6 | 3.6% | 4.1% in IVEP |
| Microsoft Corp MSFT | 1 of 6 | 22.3% | 22.3% in AIHY |
| Meta Platforms Inc META | 1 of 6 | 20.7% | 20.7% in AIHY |
| Amazon.com, Inc.-swap-mrex-l | 1 of 6 | 14.8% | 14.8% in AIHY |

The 15 most widely held of 45. Each fund files its whole book and this counts the ten largest out of it, so a fund missing from a row may still hold that company below its own tenth position. Weights are of the funds that name it, never of the theme.

### The 7 largest AI infrastructure ETFs

ETFIQ covers 11 AI infrastructure ETFs. The largest are AIPO ( $925m ), TCAI ( $217m ) and CHPX ( $125m ); fees run 0.50% to 0.76% , as of May 31 to Oct 2, 2026 .

- AIPO Defiance AI & Power Infrastructure ETF $925m 0.69%

- TCAI Tortoise AI Infrastructure ETF $217m 0.65%

- CHPX Global X AI Semiconductor & Quantum ETF $125m 0.50%

- IVEP Dan IVES Wedbush AI Power & Infrastructure ETF $19m 0.75%

- AIHY Defiance AI Hyperscale Leaders ETF $17m 0.76%

- CAPA Defiance AI Capacitors Leaders ETF $4m not published

- AINF Defiance Inference AI Chip ETF $518,954 0.65%

| Ticker | Fund | Issuer | Net assets | In the S&P 500 | Active share | Total return 1Y | vs S&P 500 | Fee |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| AIPO | Defiance AI & Power Infrastructure ETF | Defiance | $925m | 63.0% | 85.9% | +24.2% | +8.0 pts | 0.69% |
| TCAI | Tortoise AI Infrastructure ETF | Tortoise | $217m | 63.2% | 92.7% | +56.7% | +40.5 pts | 0.65% |
| CHPX | Global X AI Semiconductor & Quantum ETF | Global X | $125m | 62.1% | 83.1% | +98.8% | +82.5 pts | 0.50% |
| IVEP | Dan IVES Wedbush AI Power & Infrastructure ETF | Wedbush | $19m | 67.1% | 97.2% | listed 177 days | · | 0.75% |
| AIHY | Defiance AI Hyperscale Leaders ETF | Defiance | $17m | not published | not published | listed 73 days | · | 0.76% |
| CAPA | Defiance AI Capacitors Leaders ETF | Defiance | $4m | holds a swap | holds a swap | listed 37 days | · | not published |
| AINF | Defiance Inference AI Chip ETF | Defiance | $518,954 | not published | not published | listed 45 days | · | 0.65% |
| CGPT | VegaShares AI Inference ETF | VegaShares | not published | no filing yet | no filing yet | listed 50 days | · | 0.75% |
| COOL | VegaShares AI Thermal, Cooling & Power Management ETF | VegaShares | not published | no filing yet | no filing yet | listed 50 days | · | 0.75% |
| KSMH | xETFs Korea AI Semiconductor ETF | xETFs | not published | no filing yet | no filing yet | listed 44 days | · | 0.65% |
| PHOX | Aura AI Photonics ETF | Aura | not published | no filing yet | no filing yet | listed 53 days | · | 0.60% |

### How much of each pair is the same fund

The closest pair is AINF and CHPX , which hold 48% of their weight in the same companies. The furthest apart is AINF and IVEP at 0%. The middle pair of the 15 is 13%. The grid is the 6 largest of 11 funds.

| | AIPO | TCAI | CHPX | IVEP | AIHY | AINF |
| --- | --- | --- | --- | --- | --- | --- |
| AIPO | · | 21% | 16% | 33% | 4% | 13% |
| TCAI | 21% | · | 13% | 22% | 0% | 2% |
| CHPX | 16% | 13% | · | 3% | 0% | 48% |
| IVEP | 33% | 22% | 3% | · | 0% | 0% |
| AIHY | 4% | 0% | 0% | 0% | · | 25% |
| AINF | 13% | 2% | 48% | 0% | 25% | · |

Weight overlap is the sum, over every company both funds hold, of the smaller of the two weights. Funds whose published book is cut short are left out rather than compared short, which would read as two funds being more different than they are.

### What each fund holds alone

| Fund | Largest holding it alone has | Weight | All of its own names |
| --- | --- | --- | --- |
| AIPO | Dominion Energy Inc D | 1.5% | 24.9% |
| TCAI | Dell Technologies Inc DELL | 8.9% | 40.4% |
| CHPX | ASML HOLDING NV-NY REG SHS ASML | 4.7% | 25.1% |
| IVEP | NEXTERA ENERGY INC NEE | 4.2% | 25.7% |
| AIHY | Microsoft Corp MSFT | 22.3% | 96.1% |
| AINF | Advantest Corp | 4.7% | -1.3% |

### Questions people ask

How many AI infrastructure ETFs are there? ETFIQ covers 11 US listed AI infrastructure ETFs as of Oct 2, 2026. That is every one it can measure from the fund’s own published holdings. What is the largest AI infrastructure ETF? AIPO , Defiance AI & Power Infrastructure ETF, at $925m in net assets, the largest of the 7 AI infrastructure ETFs with a published size as of Oct 2, 2026. What is the cheapest AI infrastructure ETF? CHPX , Global X AI Semiconductor & Quantum ETF, at 0.50% a year, the lowest fee of the 10 AI infrastructure ETFs that publish one. Which AI infrastructure ETF has performed best over the past year? CHPX , Global X AI Semiconductor & Quantum ETF, at +98.8% total return over the year to Oct 2, 2026, the highest of the 3 AI infrastructure ETFs with a full year of trading behind them. Past returns do not predict future ones. What do AI infrastructure ETFs hold? Funds that hold what the AI boom runs on rather than the companies using it: the chips, the power, the cooling and the data centre hardware. Between them the 6 AI infrastructure ETFs ETFIQ can read name 45 companies in their ten largest holdings, most widely Nvidia Corp, which is among the ten largest of 3 of them. Do AI infrastructure ETFs hold the same companies? It depends which two. Across the 15 pairs of the 6 AI infrastructure ETFs with a full published book, AINF and CHPX hold 48% of their weight in the same companies, AINF and IVEP hold 0%, and the middle pair holds 13%. Two funds sold on one theme are not the same fund.

### What the issuers say about this theme

The houses behind these ai infrastructure funds publish their own work on the subject. These are their pages and their words, not ETFIQ’s, and a fund company writing about a theme it sells a fund on is making a case. Read them that way.

| Issuer | What they publish | Kind |
| --- | --- | --- |
| Defiance | Defiance Insights | Their research index |
| Global X | Global X Insights, including The Next Big Theme | Their research index |

### Where to next

### 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.

ETFIQ is an independent publisher and makes no recommendations; every figure is calculated from published data. Standards and sources

Cite this page. ETFIQ, AI infrastructure ETFs: what each one holds, data as of Oct 2, 2026. https://etfiq.com/themes/ai-infra Free to use with attribution ; the underlying files are at Open data .

Other forms Plain ETFIQ, AI infrastructure ETFs: what each one holds, data as of Oct 2, 2026. https://etfiq.com/themes/ai-infra APA ETFIQ. (Oct 2, 2026). AI infrastructure ETFs: what each one holds. Retrieved from https://etfiq.com/themes/ai-infra Markdown [AI infrastructure ETFs: what each one holds (ETFIQ, Oct 2, 2026)](https://etfiq.com/themes/ai-infra)

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Source: ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.
Cite: ETFIQ, as of Oct 2, 2026. https://etfiq.com/themes/ai-infra
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