AIPO vs CHAT overlap - what they share and where they differ

AIPO and CHAT share 15.1% of their weight across 8 common positions, read from what each fund reported to the SEC.

Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.

AIPO and CHAT

15.1%

8 shared positions

AIPO

Defiance AI & Power Infrastructure ETF

Reported positions cover 100% of the fund, 75 positions · May 31, 2026

Top 10: 51.5%·Holdings of AIPO

CHAT

Roundhill Generative Ai & Technology ETF

Reported positions cover 99% of the fund, 40 positions · Apr 30, 2026

Top 10: 46.1%·Holdings of CHAT

Reported positions cover AIPO 100%, CHAT 99% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

CHAT vs AIPO side by side

AIPODefiance AI & Power Infrastructure ETF

75

stock positions reported to the SEC

78.3% of its weight is in 67 names CHAT does not hold

CHATRoundhill Generative Ai & Technology ETF

40

stock positions reported to the SEC

73.2% of its weight is in 32 names AIPO does not hold

Where each fund's weight sits

AIPO
CHAT
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Technology
50.4%
69.1%
Industrials
15.5%
0.0%
Utilities
12.1%
0.0%
Basic Materials
6.9%
0.0%
Consumer Cyclical
0.0%
4.2%
Financial Services
1.6%
0.0%

The widest gap is Technology: CHAT has 18.7 points more of it.

The figures side by side

AIPOCHAT
Filing dateMay 31, 2026Apr 30, 2026
Stock positions reported7540
Weight of the ten largest51.5%46.1%
Largest positionPWR 7.9%GOOGL 7.2%
Held alone67 positions, 78.3%32 positions, 73.2%
Covered by stock positions100%99%

Holdings they share

StockIn AIPOIn CHATCounted
AVGOBroadcom Inc4.12%3.89%3.89%
NVDANVIDIA Corp3.58%6.95%3.58%
AMDAdvanced Micro Devices Inc2.74%4.98%2.74%
VRTVertiv Holdings Co7.24%1.11%1.11%
MRVLMarvell Technology Inc1.03%1.32%1.03%
ARM HOLDINGS PLC1.02%3.15%1.02%
ALABAstera Labs Inc0.93%2.72%0.93%
NBISNebius Group NV0.76%2.06%0.76%

What each holds alone

The heaviest positions one fund reports and the other does not.

Only in AIPO

PWRQuanta Services Inc7.91%
GEVGE Vernova Inc7.21%
EATON CORP PLC7.10%
BEBloom Energy Corp4.75%
CCJCameco Corp3.78%
CEGConstellation Energy Corp3.07%
MTZMasTec Inc2.13%
STRLSterling Infrastructure Inc2.10%
NVENT ELECTRIC PLC1.87%
HUBBHubbell Inc1.70%

Only in CHAT

GOOGLAlphabet Inc7.16%
SKHYSK hynix Inc4.36%
AMZNAmazon.com Inc4.18%
MUMicron Technology Inc4.08%
SAMSUNG ELECTRONICS CO LTD3.62%
MSFTMicrosoft Corp3.58%
SOFTBANK GROUP CORP3.34%
ANETArista Networks Inc3.16%
KNOWLEDGE ATLAS TECHNOLOGY JSC3.05%
METAMeta Platforms Inc2.98%

Questions people ask

Is AIPO the same as CHAT?

15.1% of their weight sits in the same 8 holdings. AIPO also reports PWR, GEV, EATON CORP PLC, which the other does not. CHAT also reports GOOGL, SKHY, AMZN, which the other does not.

How is the overlap between AIPO and CHAT measured?

For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 100% of AIPO and 99% of CHAT, so the number cannot exceed the smaller coverage.

Which holds more, CHAT or AIPO?

AIPO reports 75 stock positions and CHAT reports 40. 78.3% of AIPO's weight sits in names CHAT does not hold, and 73.2% of CHAT's weight in names AIPO does not hold. The ten largest positions are 51.5% of AIPO and 46.1% of CHAT.

How do AIPO and CHAT differ by sector?

The widest gap is Technology: CHAT has 18.7 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.

Where do the numbers come from?

From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.

Add a third fund in the tool·All fund pairs

Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.