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AIPOvsTCAIETF Comparison

ETF 1

AIPO

Defiance AI & Power Infrastructure ETF

This fund is part of

Multiple Trends

+1.93%

Full AIPO fund page

VS

ETF 2

TCAI

Tortoise AI Infrastructure ETF

This fund is part of

Multiple Trends

+1.93%

Full TCAI fund page

Defiance AI & Power Infrastructure ETF (AIPO) and Tortoise AI Infrastructure ETF (TCAI) belong to the same industry segment: Multiple Trends. AIPO's top 3 sector exposures are Industrials, Utilities and Information Technology. In contrast, TCAI's top sector exposures are Information Technology, Industrials and Utilities. AIPO is more expensive with a Total Expense Ratio (TER) of 0.69%, versus 0.65% for TCAI. AIPO is up 39.11% year-to-date (YTD) with +$220M in YTD flows. TCAI performs better with 48.99% YTD performance, and +$39M in YTD flows. Run a side-by-side ETF comparison of AIPO and TCAI below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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AIPO vs TCAI performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 04/24/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	AIPO TCAI	+18.94%+18.93%	+26.86%+34.08%	+39.11%+48.99%	n/an/a	n/an/a	n/an/a
Flows	AIPO TCAI	+$103M+$15M	+$193M+$38M	+$220M+$39M	--	--	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	AIPO TCAI	+36.28%+39.64%	n/an/a	n/an/a	n/an/a
Max drawdown	AIPO TCAI	-11.13%-11.55%	n/an/a	n/an/a	n/an/a
Max drawdown duration	AIPO TCAI	42d41d	n/an/a	n/an/a	n/an/a

Trading data

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	AIPO	TCAI
Last sale 4/27/2026 at 1:30 PM	$30.69	$44.28
Previous close 04/24/2026	$30.75	$44.40
Consolidated volume 04/24/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of March 31, 2026

1-year trailing difference

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TCAI

is actively managed and doesn’t replicate an index

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	AIPO	TCAI
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 4/27/2026 at 1:30 PM

Live

Closed

	AIPO	TCAI
Last price	$30.69	$44.28
1D performance	-0.20%	-0.27%
AuM	$411.02 M	$124.43 M
E/R	0.69%	0.65%

Characteristics

	AIPO	TCAI
Management strategy	Passive	Active
Provider	Defiance ETFs	Tortoise Capital
Benchmark	MarketVector US Listed AI and Power Infrastructure Index	-
N° of holdings	61	36
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	July 24, 2025	August 4, 2025
ESG	No	No

More AIPO data on Trackinsight

More TCAI data on Trackinsight

Exposure

Countries

AIPO

USA

79.74%

Ireland

10.11%

Canada

7.66%

Other

2.49%

TCAI

USA

82.26%

Ireland

7.34%

Other

10.4%

Sectors

AIPO

Industrials

46.23%

Utilities

15.39%

Information Techn.

14.26%

Energy

7.5%

Other

16.62%

TCAI

Information Techn.

35.18%

Industrials

27.58%

Utilities

13.13%

Energy

8.07%

Other

16.04%

Diversification

AIPO

Total weight of top 15 holdings out of 15

64.15%

TCAI

Total weight of top 15 holdings out of 15

57.16%

Top 15 holdings

Data as of March 31, 2026

AIPO

EATON CORP PLC

8.37%

US36828A1016

8.36%

QUANTA SERVICES

8.15%

VERTIV HOLDINGS

7.38%

CAMECO

4.75%

CONSTELLATION ENERGY CORP

4.40%

NVIDIA

3.85%

BROADCOM LIMITED

3.72%

BLOOM ENERGY CORP

2.74%

MICHAEL STORES

2.38%

HUBBELL

2.35%

DOMINION ENERGY

2.03%

XCEL ENERGY

2.01%

VISTRA CORP

1.92%

NVENT ELECTRIC PLC

1.74%

TCAI

DELL TECHNOLOGIES INC

5.66%

CIENA

5.20%

VERTIV HOLDINGS

4.72%

CONSTELLATION ENERGY CORP

4.55%

MICRON TECHNOLOGY

4.10%

WESTERN DIGITAL

3.94%

SEAGATE TECHNOLOGY HOLDINGS PLC

3.86%

EQT

3.64%

QUANTA SERVICES

3.57%

NVENT ELECTRIC PLC

3.48%

NRG ENERGY

3.23%

MICHAEL STORES

3.15%

MYR GROUP

3.06%

SCHNEIDER ELECTRIC SE

2.60%

WILLIAMS

2.40%

Frequently asked questions about AIPO and TCAI

How have the AIPO and TCAI ETFs performed in 2026?

As of April 24, 2026, AIPO is up 39.11% year-to-date (YTD), while TCAI has returned 48.99%. That puts TCAI better performer ahead so far this year.

Which ETF is attracting more investor money: AIPO or TCAI?

Year-to-date, the AIPO ETF saw +$220M in flows, compared to +$39M for TCAI.

Which ETF is bigger: AIPO or TCAI?

As of April 24, 2026, AIPO holds $411.02 M in assets under management (AUM), while TCAI manages $124.43 M.

What sectors do the AIPO and TCAI ETFs invest in?

AIPO leans toward sectors like Industrials, Utilities and Information Technology. Meanwhile, TCAI focuses on Information Technology, Industrials and Utilities.

What are the top holdings of the AIPO ETF and TCAI ETF?

AIPO top holdings include EATON CORP PLC, US36828A1016 and QUANTA SERVICES. TCAI holds in its top three: DELL TECHNOLOGIES INC, CIENA and VERTIV HOLDINGS.

AIPOvsTCAIETF Comparison

Defiance AI & Power Infrastructure ETF

Tortoise AI Infrastructure ETF

AIPO vs TCAI performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the AIPO and TCAI ETFs performed in 2026?

As of April 24, 2026, AIPO is up 39.11% year-to-date (YTD), while TCAI has returned 48.99%. That puts TCAI better performer ahead so far this year.

Which ETF is attracting more investor money: AIPO or TCAI?

Year-to-date, the AIPO ETF saw +$220M in flows, compared to +$39M for TCAI.

Which ETF is bigger: AIPO or TCAI?

As of April 24, 2026, AIPO holds $411.02 M in assets under management (AUM), while TCAI manages $124.43 M.

What sectors do the AIPO and TCAI ETFs invest in?

AIPO leans toward sectors like Industrials, Utilities and Information Technology. Meanwhile, TCAI focuses on Information Technology, Industrials and Utilities.

What are the top holdings of the AIPO ETF and TCAI ETF?

AIPO top holdings include EATON CORP PLC, US36828A1016 and QUANTA SERVICES. TCAI holds in its top three: DELL TECHNOLOGIES INC, CIENA and VERTIV HOLDINGS.

Which ETF is more diversified: AIPO or TCAI?

AIPO holds 73 securities with 64.15% of its assets in the top 15. TCAI has 44 securities and a top 15 weight of 57.16%.

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