{"url":"https://etfiq.com/themes/innovation","section":"themes","title":"Innovation ETFs: 30 funds, largest first | ETFIQ","description":"ETFIQ covers 30 innovation ETFs. The largest are ARKK ($6.2bn), XT ($4.0bn) and QQQJ ($1.2bn); fees run 0.15% to 0.79%, as of Oct 26, 2026.","as_of":"Oct 27, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"How many innovation ETFs are there?","acceptedAnswer":{"@type":"Answer","text":"ETFIQ covers 30 US listed innovation ETFs as of Oct 27, 2026. That is every one it can measure from the fund\u2019s own published holdings."}},{"@type":"Question","name":"What is the largest innovation ETF?","acceptedAnswer":{"@type":"Answer","text":"ARKK, ARK Innovation ETF, at $6.2bn in net assets as of Oct 26, 2026, the largest of the 29 innovation ETFs with a published size."}},{"@type":"Question","name":"What is the cheapest innovation ETF?","acceptedAnswer":{"@type":"Answer","text":"QQQJ, Invesco NASDAQ Next Gen 100 ETF, at 0.15% a year by its prospectus filed Dec 18, 2025, the lowest fee of the 30 innovation ETFs that publish one."}},{"@type":"Question","name":"Which innovation ETF has performed best over the past year?","acceptedAnswer":{"@type":"Answer","text":"HTEC, ROBO Global Healthcare Technology and Innovation ETF, at +36.8% total return over the year to Oct 27, 2026, the highest of the 27 innovation ETFs with a full year of trading behind them. Past returns do not predict future ones."}},{"@type":"Question","name":"What do innovation ETFs hold?","acceptedAnswer":{"@type":"Answer","text":"Funds that hold whatever their manager thinks is changing fastest, across several themes at once rather than one. Between them the 29 innovation ETFs ETFIQ can read name 226 companies in their ten largest holdings, by holdings dated May 29, 2026 to Oct 26, 2026, most widely NVIDIA CORP, which is among the ten largest of 6 of them."}},{"@type":"Question","name":"Do innovation ETFs hold the same companies?","acceptedAnswer":{"@type":"Answer","text":"It depends which two. Across the 45 pairs of the 10 innovation ETFs with a full published book, by holdings dated May 31, 2026 to Oct 26, 2026, FRWD and ILDR hold 33% of their weight in the same companies, LFSC and XT hold 0%, and the middle pair holds 8%. Two funds sold on one theme are not the same fund."}}]},{"@type":"ItemList","name":"Innovation ETFs: 30 funds, largest first","numberOfItems":30,"itemListElement":[{"@type":"ListItem","position":1,"name":"ARKK","url":"https://etfiq.com/funds/arkk"},{"@type":"ListItem","position":2,"name":"XT","url":"https://etfiq.com/funds/xt"},{"@type":"ListItem","position":3,"name":"QQQJ","url":"https://etfiq.com/funds/qqqj"},{"@type":"ListItem","position":4,"name":"ILDR","url":"https://etfiq.com/funds/ildr"},{"@type":"ListItem","position":5,"name":"FDTX","url":"https://etfiq.com/funds/fdtx"},{"@type":"ListItem","position":6,"name":"FRWD","url":"https://etfiq.com/funds/frwd"},{"@type":"ListItem","position":7,"name":"TMAT","url":"https://etfiq.com/funds/tmat"},{"@type":"ListItem","position":8,"name":"GTEK","url":"https://etfiq.com/funds/gtek"},{"@type":"ListItem","position":9,"name":"FITE","url":"https://etfiq.com/funds/fite"},{"@type":"ListItem","position":10,"name":"LFSC","url":"https://etfiq.com/funds/lfsc"},{"@type":"ListItem","position":11,"name":"AOTG","url":"https://etfiq.com/funds/aotg"},{"@type":"ListItem","position":12,"name":"FDCF","url":"https://etfiq.com/funds/fdcf"},{"@type":"ListItem","position":13,"name":"DTEC","url":"https://etfiq.com/funds/dtec"},{"@type":"ListItem","position":14,"name":"HTEC","url":"https://etfiq.com/funds/htec"},{"@type":"ListItem","position":15,"name":"TEKY","url":"https://etfiq.com/funds/teky"},{"@type":"ListItem","position":16,"name":"THMZ","url":"https://etfiq.com/funds/thmz"},{"@type":"ListItem","position":17,"name":"LENS","url":"https://etfiq.com/funds/lens"},{"@type":"ListItem","position":18,"name":"FMED","url":"https://etfiq.com/funds/fmed"},{"@type":"ListItem","position":19,"name":"CARZ","url":"https://etfiq.com/funds/carz"},{"@type":"ListItem","position":20,"name":"FDFF","url":"https://etfiq.com/funds/fdff"},{"@type":"ListItem","position":21,"name":"GDOC","url":"https://etfiq.com/funds/gdoc"},{"@type":"ListItem","position":22,"name":"TNXT","url":"https://etfiq.com/funds/tnxt"},{"@type":"ListItem","position":23,"name":"DTRE","url":"https://etfiq.com/funds/dtre"},{"@type":"ListItem","position":24,"name":"INVN","url":"https://etfiq.com/funds/invn"},{"@type":"ListItem","position":25,"name":"BULD","url":"https://etfiq.com/funds/buld"},{"@type":"ListItem","position":26,"name":"GXDW","url":"https://etfiq.com/funds/gxdw"},{"@type":"ListItem","position":27,"name":"BUYZ","url":"https://etfiq.com/funds/buyz"},{"@type":"ListItem","position":28,"name":"XDAT","url":"https://etfiq.com/funds/xdat"},{"@type":"ListItem","position":29,"name":"ABOT","url":"https://etfiq.com/funds/abot"},{"@type":"ListItem","position":30,"name":"ARIA","url":"https://etfiq.com/funds/aria"}]},{"@type":"ItemList","name":"The 10 largest innovation ETFs","itemListOrder":"https://schema.org/ItemListOrderDescending","numberOfItems":10,"itemListElement":[{"@type":"ListItem","position":1,"name":"ARKK","url":"https://etfiq.com/funds/arkk"},{"@type":"ListItem","position":2,"name":"XT","url":"https://etfiq.com/funds/xt"},{"@type":"ListItem","position":3,"name":"QQQJ","url":"https://etfiq.com/funds/qqqj"},{"@type":"ListItem","position":4,"name":"ILDR","url":"https://etfiq.com/funds/ildr"},{"@type":"ListItem","position":5,"name":"FDTX","url":"https://etfiq.com/funds/fdtx"},{"@type":"ListItem","position":6,"name":"FRWD","url":"https://etfiq.com/funds/frwd"},{"@type":"ListItem","position":7,"name":"TMAT","url":"https://etfiq.com/funds/tmat"},{"@type":"ListItem","position":8,"name":"GTEK","url":"https://etfiq.com/funds/gtek"},{"@type":"ListItem","position":9,"name":"FITE","url":"https://etfiq.com/funds/fite"},{"@type":"ListItem","position":10,"name":"LFSC","url":"https://etfiq.com/funds/lfsc"}]},{"@type":"Dataset","name":"Innovation ETFs: what each one holds","description":"ETFIQ covers 30 innovation ETFs. The largest are ARKK ($6.2bn), XT ($4.0bn) and QQQJ ($1.2bn); fees run 0.15% to 0.79%, as of Oct 26, 2026.","url":"https://etfiq.com/themes/innovation","dateModified":"2026-10-27","inLanguage":"en","creator":{"@id":"https://etfiq.com/#org"},"publisher":{"@id":"https://etfiq.com/#org"},"license":"https://etfiq.com/license/","isAccessibleForFree":true,"creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/thematic.json"}],"variableMeasured":["Weight overlap with the S&P 500","Active share","Holdings","Top ten share of the fund","Total return","Fee for the differing part","Expense ratio"],"keywords":["exchange-traded funds","ETF","Thematic ETFs","fund data","SEC filings"]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Thematic ETFs","item":"https://etfiq.com/themes/"},{"@type":"ListItem","position":3,"name":"Innovation","item":"https://etfiq.com/themes/innovation"}]},{"@type":"WebPage","name":"Innovation ETFs: 30 funds, largest first","description":"ETFIQ covers 30 innovation ETFs. The largest are ARKK ($6.2bn), XT ($4.0bn) and QQQJ ($1.2bn); fees run 0.15% to 0.79%, as of Oct 26, 2026.","url":"https://etfiq.com/themes/innovation","dateModified":"2026-10-27","isPartOf":{"@type":"WebSite","name":"ETFIQ","url":"https://etfiq.com"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".lede",".faq"]},"publisher":{"@id":"https://etfiq.com/#org"}}],"characters":11268,"truncated":false,"content":"ETFIQ / Thematic ETFs / Innovation \n \n Data as of Oct 27, 2026 .\n Innovation ETFs: what each one holds\n See every innovation ETF by what it holds, not by its name. Funds that hold whatever their manager thinks is changing fastest, across several themes at once rather than one. 30 funds, largest first. Updated Oct 27, 2026. The typical fund carries 50% of its weight in S&P 500 stocks, the 10th most of the 53 themes with holdings on file.\n 30 US listed innovation ETFs \n $6.2bn The largest, ARKK \n 0.15% The cheapest, QQQJ \n +36.8% Best one year, HTEC \n\n The short answers\n Least like the S&P 500 LFSC , F/m Emerald Life Sciences Innovation ETF, 0.0% of its weight in S&P 500 companies. Closest pair FRWD and ILDR , 33% of their weight in the same companies. What these funds actually own\n Between them the 29 funds' ten largest holdings name 226 companies, of which 38 appear in more than one. NVIDIA CORP is among the ten largest of 6 of them, at an average of 6.1% of the fund.\n Broad innovation and megatrends ETFs, the companies their ten largest holdings name. Source: each fund's latest SEC filing or its issuer\u2019s own daily holdings file, read by ETFIQ. Company Among the ten largest of Average weight where it is Largest, and in which fund \n NVIDIA CORP NVDA 6 of 29 6.1% 10.4% in AOTG \n Alphabet Inc. (Class A) GOOGL 5 of 29 5.4% 9.7% in XDAT \n MICROSOFT MSFT 5 of 29 3.9% 5.0% in CARZ \n AMAZON.COM INC AMZN 4 of 29 6.0% 11.0% in BUYZ \n Advanced Micro Devices, Inc. AMD 3 of 29 8.4% 15.4% in AOTG \n ELI LILLY LLY 3 of 29 7.0% 13.3% in GDOC \n TESLA INC TSLA 3 of 29 6.8% 11.0% in ARKK \n NVIDIA CORP 3 of 29 5.8% 7.2% in TNXT \n Micron Technology, Inc. MU 3 of 29 5.5% 9.5% in AOTG \n AppLovin Corp APP 3 of 29 5.2% 5.3% in BUYZ \n SHOPIFY INC - CLASS A SHOP 3 of 29 4.7% 8.4% in BUYZ \n AMAZON.COM INC 3 of 29 4.1% 5.4% in FDCF \n CROWDSTRIKE HOLDINGS CLASS A CRWD 3 of 29 3.1% 4.3% in XDAT \n TAIWAN SEMICONDUCTOR MFG CO LTD 2 of 29 8.4% 10.8% in FDCF \n MICRON TECHNOLOGY INC 2 of 29 6.8% 9.4% in FDTX \n \n The 15 most widely held of 226. Each row counts the ten largest holdings of each fund, so a fund missing from a row may still hold that company lower down. Weights are of the funds that name it, not of the theme.\n The 10 largest innovation ETFs\n ETFIQ covers 30 innovation ETFs. The largest are ARKK ( $6.2bn ), XT ( $4.0bn ) and QQQJ ( $1.2bn ); fees run 0.15% to 0.79% , as of Oct 26, 2026 .\n ARKK ARK Innovation ETF $6.2bn 0.75% \n XT iShares Future Exponential Technologies ETF $4.0bn 0.46% \n QQQJ Invesco NASDAQ Next Gen 100 ETF $1.2bn 0.15% \n ILDR First Trust Innovation Leaders ETF $342m 0.75% \n FDTX Fidelity Disruptive Technology ETF $311m 0.50% \n FRWD Nomura Transformational Technologies ETF $285m 0.65% \n TMAT Main Thematic Innovation ETF $237m 0.79% \n GTEK Goldman Sachs Future Tech Leaders Equity ETF $220m 0.75% \n FITE State Street SPDR S&P Kensho Future Security ETF $158m 0.45% \n LFSC F/m Emerald Life Sciences Innovation ETF $105m 0.54% \n \n Innovation ETFs: what each one holds, as of Oct 27, 2026. Source: ETFIQ. Ticker Fund Issuer Net assets In the S&P 500 Active share Total return 1Y vs its benchmark 1Y Fee \n ARKK ARK Innovation ETF ARK $6.2bn 36.7% 85.1% \u22126.1% \u221219.7 pts vs VOO 0.75% \n XT iShares Future Exponential Technologies ETF iShares $4.0bn 65.4% 69.2% +21.9% +8.8 pts vs ACWI 0.46% \n QQQJ Invesco NASDAQ Next Gen 100 ETF Invesco $1.2bn 46.6% 98.6% +22.8% +9.7 pts vs IWV 0.15% \n ILDR First Trust Innovation Leaders ETF First Trust $342m 66.2% 66.9% +11.0% \u22122.1 pts vs IWV 0.75% \n FDTX Fidelity Disruptive Technology ETF Fidelity $311m 70.8% 75.5% +29.0% not measured 0.50% \n FRWD Nomura Transformational Technologies ETF Nomura $285m 69.9% 74.4% first traded 287 days ago \u00b7 0.65% \n TMAT Main Thematic Innovation ETF Main $237m 50.3% 91.6% +0.9% \u221212.2 pts vs ACWI 0.79% \n GTEK Goldman Sachs Future Tech Leaders Equity ETF Goldman Sachs $220m 33.1% 96.4% +31.2% +18.1 pts vs ACWI 0.75% \n FITE State Street SPDR S&P Kensho Future Security ETF State Street $158m 27.2% 95.3% +27.8% +14.2 pts vs VOO 0.45% \n LFSC F/m Emerald Life Sciences Innovation ETF F/m $105m 0.0% 100.0% +35.8% +22.7 pts vs IWV 0.54% \n AOTG AOT Growth and Innovation ETF AOT Invest $105m 77.2% 69.1% +7.8% \u22125.1 pts vs GUSA 0.75% \n FDCF Fidelity Disruptive Communications ETF Fidelity $103m 56.0% 79.8% +0.8% not measured 0.50% \n DTEC ALPS Disruptive Technologies ETF ALPS $74m 39.3% 93.4% \u22120.5% not measured 0.50% \n HTEC ROBO Global Healthcare Technology and Innovation ETF ROBO Global $69m 32.7% 97.9% +36.8% not measured 0.68% \n TEKY Lazard Next Gen Technologies ETF Lazard $61m 50.9% 77.7% +7.5% \u22125.6 pts vs URTH 0.50% \n THMZ Lazard Equity Megatrends ETF Lazard $54m 53.9% 73.5% +3.1% \u221210.0 pts vs ACWI 0.50% \n LENS Sarmaya Thematic ETF Sarmaya $53m 21.2% 97.9% +31.3% +18.0 pts vs GXLC 0.79% \n FMED Fidelity Disruptive Medicine ETF Fidelity $52m 25.3% 97.1% +21.5% not measured 0.50% \n CARZ First Trust S-Network Future Vehicles & Technology ETF First Trust $44m 51.9% 74.3% +29.7% +16.6 pts vs ACWI 0.70% \n FDFF Fidelity Disruptive Finance ETF Fidelity $43m 44.6% 97.5% \u22121.9% not measured 0.50% \n GDOC Goldman Sachs Future Health Care Equity ETF Goldman Sachs $20m 55.8% 95.4% +9.7% not measured 0.75% \n TNXT T. Rowe Price Innovation Leaders ETF T. Rowe Price $19m 64.2% 51.6% first traded 271 days ago \u00b7 0.49% \n DTRE First Trust Alerian Disruptive Technology Real Estate ETF First Trust $14m 41.0% 99.4% +3.6% not measured 0.60% \n INVN Alger Russell Innovation ETF Alger $9.6m 32.5% 98.5% +29.0% not measured 0.55% \n BULD Pacer BlueStar Engineering the Future ETF Pacer $8.8m 36.4% 97.3% +24.2% not measured 0.49% \n GXDW Global X Dorsey Wright Thematic ETF Global X $6.0m 0.0% 100.0% \u221210.8% not measured 0.50% \n BUYZ Franklin Disruptive Commerce ETF Franklin $5.3m 61.5% 86.3% \u221218.6% \u221231.7 pts vs IWV 0.50% \n XDAT Franklin Exponential Data ETF Franklin $4.1m 60.4% 86.2% \u22124.2% \u221217.3 pts vs IWV 0.50% \n ABOT Abacus FCF Innovation Leaders ETF Abacus FCF $4.0m 64.4% 83.7% +14.2% not measured 0.39% \n ARIA ARIA Opportunities ETF ARIA not read by ETFIQ not yet filed not yet filed first traded 78 days ago \u00b7 0.78% \n \n How much of each pair is the same fund\n The closest pair is FRWD and ILDR , which hold 33% of their weight in the same companies. The furthest apart is LFSC and XT at 0%. The middle pair of the 45 is 8%. The grid is the 10 largest of 30 funds.\n Innovation ETFs, the share of each pair\u2019s weight held in the same companies. Read across or down; the number is the same either way. Cells are shaded against the closest pair here, 33%. Source: each fund\u2019s own filed or daily holdings, read by ETFIQ. ARKK XT QQQJ ILDR FDTX FRWD TMAT GTEK FITE LFSC \n ARKK \u00b7 17% 3% 20% 18% 13% 6% 3% 4% 1% \n XT 17% \u00b7 3% 29% 24% 17% 16% 6% 11% 0% \n QQQJ 3% 3% \u00b7 5% 1% 0% 7% 3% 8% 3% \n ILDR 20% 29% 5% \u00b7 29% 33% 14% 9% 8% 2% \n FDTX 18% 24% 1% 29% \u00b7 29% 17% 15% 8% 0% \n FRWD 13% 17% 0% 33% 29% \u00b7 11% 7% 1% 0% \n TMAT 6% 16% 7% 14% 17% 11% \u00b7 10% 18% 1% \n GTEK 3% 6% 3% 9% 15% 7% 10% \u00b7 9% 0% \n FITE 4% 11% 8% 8% 8% 1% 18% 9% \u00b7 0% \n LFSC 1% 0% 3% 2% 0% 0% 1% 0% 0% \u00b7 \n \n Weight overlap adds the smaller of the two weights for every company both funds hold. Funds with a cut-short book are left out, not compared short.\n What each fund holds alone\n Innovation ETFs, the largest holding no other fund in the grid holds. Source: ETFIQ. Fund Largest holding it alone has Weight All of its own names \n ARKK CIRCLE INTERNET GROUP INC CRCL 4.9% 30.9% \n XT TEXAS INSTRUMENT TXN 4.5% 42.7% \n QQQJ NetApp Inc NTAP 2.2% 63.3% \n ILDR Siemens Energy AG ENR.GR 1.5% 16.9% \n FDTX TWILIO INC 2.5% 14.1% \n FRWD Lam Research Corp. 6.6% 24.9% \n TMAT CLEAR SECURE INC 2.4% 38.2% \n GTEK JENTECH PRECISION INDUSTRIAL CO LTD 3653 3.5% 47.0% \n FITE RAPID7 INC RPD 3.2% 55.4% \n LFSC Travere Therapeutics Inc TVTX 7.7% 78.9% \n \n Questions people ask\n How many innovation ETFs are there? ETFIQ covers 30 US listed innovation ETFs as of Oct 27, 2026. That is every one it can measure from the fund\u2019s own published holdings. What is the largest innovation ETF? ARKK , ARK Innovation ETF, at $6.2bn in net assets as of Oct 26, 2026, the largest of the 29 innovation ETFs with a published size. What is the cheapest innovation ETF? QQQJ , Invesco NASDAQ Next Gen 100 ETF, at 0.15% a year by its prospectus filed Dec 18, 2025, the lowest fee of the 30 innovation ETFs that publish one. Which innovation ETF has performed best over the past year? HTEC , ROBO Global Healthcare Technology and Innovation ETF, at +36.8% total return over the year to Oct 27, 2026, the highest of the 27 innovation ETFs with a full year of trading behind them. Past returns do not predict future ones. What do innovation ETFs hold? Funds that hold whatever their manager thinks is changing fastest, across several themes at once rather than one. Between them the 29 innovation ETFs ETFIQ can read name 226 companies in their ten largest holdings, by holdings dated May 29, 2026 to Oct 26, 2026, most widely NVIDIA CORP, which is among the ten largest of 6 of them. Do innovation ETFs hold the same companies? It depends which two. Across the 45 pairs of the 10 innovation ETFs with a full published book, by holdings dated May 31, 2026 to Oct 26, 2026, FRWD and ILDR hold 33% of their weight in the same companies, LFSC and XT hold 0%, and the middle pair holds 8%. Two funds sold on one theme are not the same fund. What the issuers say about this theme\n The issuers behind these innovation funds publish their own work on this theme. These are their pages and words, not ETFIQ\u2019s. A fund company writing about a theme it sells is making a case.\n Issuer material on this theme. Links leave ETFIQ. Source: each issuer\u2019s own site. Issuer What they publish Kind \n ARK ARK Invest articles Their research index \n iShares iShares Portfolio Insights Their research index \n Invesco Invesco insights Their research index \n First Trust First Trust Investment Insights Their research index \n Global X Global X Insights, including The Next Big Theme Their research index \n \n Where to next\n The largest innovation ETFs The cheapest innovation ETFs The innovation ETFs least like the S&P 500 The innovation ETFs that returned most The most concentrated innovation ETFs Every thematic ETF Compare two funds The vocabulary Sources\n Fund holdings from SEC Form N-PORT and from the issuers\u2019 own daily files SEC EDGAR, full-text search of fund filings SEC Form N-PORT, what a fund filed it holds Rule 19a-1, what a distribution notice must say Links are sources, not endorsements.\n ETFIQ is an independent publisher and makes no recommendations. Standards and sources \n Cite this page. ETFIQ, Innovation ETFs: what each one holds, data as of Oct 27, 2026. https://etfiq.com/themes/innovation Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data .\n Other forms Plain ETFIQ, Innovation ETFs: what each one holds, data as of Oct 27, 2026. https://etfiq.com/themes/innovation APA ETFIQ. (Oct 27, 2026). Innovation ETFs: what each one holds. Retrieved from https://etfiq.com/themes/innovation Markdown [Innovation ETFs: what each one holds (ETFIQ, Oct 27, 2026)](https://etfiq.com/themes/innovation)","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, Innovation ETFs: what each one holds, data as of Oct 27, 2026. https://etfiq.com/themes/innovation"}