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

AIPO and WGMI share 10.5% of their weight across 15 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 WGMI

10.5%

15 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

WGMI

Valkyrie Bitcoin Miners ETF

Reported positions cover 100% of the fund, 27 positions · Jun 30, 2026

Top 10: 77.1%·Holdings of WGMI

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

WGMI vs AIPO side by side

AIPODefiance AI & Power Infrastructure ETF

75

stock positions reported to the SEC

87.7% of its weight is in 60 names WGMI does not hold

WGMIValkyrie Bitcoin Miners ETF

27

stock positions reported to the SEC

12.1% of its weight is in 12 names AIPO does not hold

Where each fund's weight sits

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

Largest sectors for both funds

Technology
50.4%
59.0%
Financial Services
1.6%
29.7%
Industrials
15.5%
0.0%
Utilities
12.1%
0.0%
Basic Materials
6.9%
0.0%

The widest gap is Financial Services: WGMI has 28.1 points more of it.

The figures side by side

AIPOWGMI
Filing dateMay 31, 2026Jun 30, 2026
Stock positions reported7527
Weight of the ten largest51.5%77.1%
Largest positionPWR 7.9%CIFR 18.1%
Held alone60 positions, 87.7%12 positions, 12.1%
Covered by stock positions100%100%

Holdings they share

StockIn AIPOIn WGMICounted
NVDANVIDIA Corp3.58%2.01%2.01%
KEELKeel Infrastructure Corp0.78%10.70%0.78%
HUTHut 8 Corp0.76%10.77%0.76%
NBISNebius Group NV0.76%1.99%0.76%
BTDRBitdeer Technologies Group0.68%4.67%0.68%
HIVEHive Digital Technologies Ltd0.65%4.47%0.65%
CLSKCleanspark Inc0.58%4.58%0.58%
RIOTRiot Platforms Inc0.58%4.91%0.58%
APLDApplied Digital Corp0.53%2.94%0.53%
CIFRCipher Digital Inc0.53%18.09%0.53%

What each holds alone

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

Only in AIPO

PWRQuanta Services Inc7.91%
VRTVertiv Holdings Co7.24%
GEVGE Vernova Inc7.21%
EATON CORP PLC7.10%
BEBloom Energy Corp4.75%
AVGOBroadcom Inc4.12%
CCJCameco Corp3.78%
CEGConstellation Energy Corp3.07%
AMDAdvanced Micro Devices Inc2.74%
MTZMasTec Inc2.13%

Only in WGMI

DGXXDigi Power X Inc4.11%
CHRNChronoScale Corp2.16%
SLNHSoluna Holdings Inc2.01%
CRWVCoreWeave Inc0.87%
AIRJAirJoule Technologies Corp0.67%
TSMC0.66%
GLXYGalaxy Digital Inc0.64%
XYZBlock Inc0.52%
CANCanaan Inc0.24%
CANGO INC/KY0.10%

Questions people ask

Is AIPO the same as WGMI?

10.5% of their weight sits in the same 15 holdings. AIPO also reports PWR, VRT, GEV, which the other does not. WGMI also reports DGXX, CHRN, SLNH, which the other does not.

How is the overlap between AIPO and WGMI 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 100% of WGMI, so the number cannot exceed the smaller coverage.

Which holds more, WGMI or AIPO?

AIPO reports 75 stock positions and WGMI reports 27. 87.7% of AIPO's weight sits in names WGMI does not hold, and 12.1% of WGMI's weight in names AIPO does not hold. The ten largest positions are 51.5% of AIPO and 77.1% of WGMI.

How do AIPO and WGMI differ by sector?

The widest gap is Financial Services: WGMI has 28.1 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.