Disruptive Tech+7.5%

By assets, year to date26 ETFsthe 3rd largest of Thematic’s nine themes

Data as of Nov 4, 2026 · a scoreboard, not advice

Rank: 5th of 9
Funds: 26
Assets: $50.6B
Of Thematic: 13%
All Thematic: +21.8%

Open Disruptive tech in desk All 9 themes

Story of the year · Largest fundsYTDThe Four LargestIGV · BAI · IGM · ARKK · $42.9B of $50.6B85%of the theme’s money is in these 4

02 / 04

Disruptive Tech ETFs by AUM

YTD

IGV$12.8B · 25%iShares Expanded Tech-Software Sector ETF−2.8%BAI$11.9B · 23%iShares A.I. Innovation and Tech Active ETF+15.0%IGM$10.3B · 20%iShares Expanded Tech Sector ETF+16.6%ARKK$7.9B · 16%ARK Innovation ETF+4.4%22 more funds$7.7B · 15% of the theme

End-of-day Nov 4, 2026 · 4 largest named · the other 22 open in the table

Disruptive Tech ETFs

YTD

+7.5%26 funds · $50.6B
asset-weighted

Share of Thematic money13%

Largest fundsYTD

IGV$12.8B−2.8%

BAI$11.9B+15.0%

IGM$10.3B+16.6%

ARKK$7.9B+4.4%

22 more funds$7.7B

End-of-day Nov 4, 2026 · theme YTD is asset-weighted

BAI vs IGV

YTD

BAIIGV2–2level

+15.0%Year to date−2.8%

+4.1%Past year−11.1%

0.65%Fee0.38%

$11.9BAssets$12.8B

End-of-day Nov 3, 2026

Largest Disruptive Tech ETFs

Today

#
1	IGV	iShares Expanded Tech-Software Sector ETFiSharesRead Desk	0.38%	0.0%	+0.7%	−6.4%	+1.3%	−2.8%	−11.1%	+55.9%	+18.2%	$12.8B
2	BAI	iShares A.I. Innovation and Tech Active ETFiSharesRead Desk	0.65%	1.5%	+1.6%	−22.6%	−13.5%	+15.0%	+4.1%	—	—	$11.9B
3	IGM	iShares Expanded Tech Sector ETFiSharesRead Desk	0.37%	0.1%	+1.4%	−13.1%	−7.2%	+16.6%	+12.6%	+147.5%	+115.7%	$10.3B
4	ARKK	ARK Innovation ETFARKRead Desk	0.75%	0.0%	+1.7%	−13.4%	+5.4%	+4.4%	−9.7%	+135.5%	−32.6%	$7.9B
5	MAGS	Roundhill Magnificent Seven ETFRoundhillRead Desk	0.30%	1.4%	+0.8%	−6.5%	+0.5%	+4.2%	+2.6%	+147.4%	—	$5.0B
6	ARKF	ARK Blockchain & Fintech Innovation ETFARKRead Desk	0.75%	0.1%	+0.5%	−9.0%	−0.3%	−11.1%	−25.2%	+143.6%	−21.0%	$831M
7	ILDR	First Trust Innovation Leaders ETFFirst TrustRead Desk	0.75%	0.0%	+1.8%	−11.4%	−7.0%	+8.8%	+4.5%	+124.0%	+59.9%	$328M
8	FDTX	Fidelity Disruptive Technology ETFFidelityRead Desk	0.50%	0.0%	+0.9%	−17.8%	−7.8%	+23.0%	+16.1%	+123.3%	—	$311M
9	TMAT	Main Thematic Innovation ETFMain ManagementRead Desk	0.79%	0.0%	+1.8%	−12.6%	−7.5%	+7.9%	−5.4%	+113.9%	+16.5%	$234M
10	FBOT	Fidelity Disruptive Automation ETFFidelityRead Desk	0.50%	0.4%	+0.4%	−7.6%	−7.8%	+11.3%	+8.5%	+81.2%	—	$213M

1–10 of 26 · 26 Disruptive tech funds

VOOS&P 500, for referenceFee 0.03%YTD +11.5%1Y +11.9%3Y +90.9%Assets $1.00TOpen all 26 in desk

End-of-day Nov 4, 2026 · total returns · fee and yield per year

Closer In

Inside IGV

Today

9.1%of IGV is in PANW alone · 105 holdings

By industry

Software - InfrastructurePANW · PLTR54.3%

Software - ApplicationCRM · NOW41.6%

Financial - Capital MarketsCRCL · BMNR1.7%

Electronic Gaming & MultimediaTTWO1.2%

Hardware, Equipment & PartsTRMB0.5%

Internet Content & InformationSNAP0.2%

Computer HardwareQBTS0.1%

Top 8 holdings

PANWPalo Alto Networks9.1%

PLTRPalantir Technologies9.0%

MSFTMicrosoft8.8%

CRWDCrowdstrike8.6%

ORCLOracle6.7%

CRMSalesforce4.1%

NOWServicenow3.5%

ADBEAdobe3.5%

End-of-day Nov 4, 2026 · top 10 holdings: 60% of the fund

PANW Inside Disruptive Tech ETFs

Today

Of every $1,000 you put in, this much buys Palo Alto Networks.

IGV$91

9.1% of the fund is PANW

BAI$18

1.8% of the fund is PANW

IGM$14

1.4% of the fund is PANW

End-of-day Nov 4, 2026

Disruptive Tech ETF Fees

Today

$37a year on $10,000,
the cheapest, IGM

IGM0.37% a year$37

IGV0.38% a year$38

BAI0.65% a year$65

ARKK0.75% a year$75

ARKK costs 2.0× what IGM does.

End-of-day Nov 4, 2026

IGV Among Thematic ETFs

YTD

YTD return −2.8%beats31%

Fee 0.38%cheaper than86%

Income 0.0%beats36%

AUM $12.8Bbeats98%

Share of thematic ETFs IGV beats · Nov 4, 2026

IGV’s 52-Week Range

$102.66+0.7% today

Low $73.93High $116.32

11.7% below its 52-week high

Past year−11.1%

Volatility, 1Y32.71%

Worst drop, 1Y−35.5%

Risk indicator4 of 5

End-of-day Nov 4, 2026

Disruptive Tech Share of Thematic ETFs

Today

Money

$50.6BOther 8 themes$337.0B

Disruptive tech runs 13% of the money in Thematic.

Funds

26Other 8 themes242

It is 10% of the funds, so its average fund is bigger than the rest: $1.9B against $1.4B.

End-of-day Nov 4, 2026

Disruptive Tech vs Market

YTD

IGVVOO

Past year−11.1%+11.9%

Fee0.38%0.03%

Assets$12.8B$1.00T

End-of-day Nov 3, 2026

Disruptive Tech vs Defense

YTD

Disruptive tech

26 ETFs

+7.5%

Defense & space

33 ETFs

+0.5%

$50.6BAssets$40.6B

IGV −2.8%Biggest fundITA +0.9%

−11.1%Biggest, past year+0.4%

2–1measures won · Defense & space

End-of-day Nov 3, 2026

IGV vs VOO

YTD

IGV · iShares Expanded Tech-Software Sector

−2.8%

VOO · S&P 500

+11.5%

Gap

14.4 pts

End-of-day Nov 3, 2026 · total return, dividends in

Disruptive Tech vs Thematic

Average · YTD

BAI

+15.0%

IGV

−2.8%

Thematic average

+7.7%

End-of-day Nov 3, 2026

BAI vs IGV

YTD

BAIiShares · Disruptive techIGViShares · Disruptive tech

Year to date

+15.0%

−2.8%

BAI wins+17.8 pts

Past year

+4.1%

−11.1%

BAI wins+15.2 pts

Fee

0.65%

0.38%

IGV winslower fee

Yield

1.5%

0.0%

BAI wins+1.5 pts

AUM

$11.9B

$12.8B

IGV1.1× more

3–1BAI wins

End-of-day Nov 3, 2026 · AUM not scored

2x PANW: PALU vs PANG

YTD

PALUDirexion · 2x PANWPANGLeverageShares · 2x PANW

Year to date

+163.1%

+157.8%

PALU wins+5.3 pts

Fee

1.48%

0.75%

PANG winslower fee

Yield

4.1%

4.5%

PANG wins+0.5 pts

PANW per $1,000

$2,000

Levelboth 2x daily

AUM

$24.7M

$8.4M

PALU3.0× more

2–1PANG wins

End-of-day Nov 3, 2026 · both reset daily

The Other Eight Themes

AI & semis1st of 9+41.6%100 funds · $171.5BSMHSOXXDRAM Cyber & cloud2nd of 9+37.7%15 funds · $27.9BCIBRHACKSKYY Quantum3rd of 9+20.2%5 funds · $5.2BQTUMWQTMQTUP Infrastructure4th of 9+13.6%39 funds · $57.8BPAVEGRIDIGF Defense & space6th of 9+0.5%33 funds · $40.6BITAPPASHLD Clean energy & EV7th of 9−6.0%15 funds · $5.1BICLNLITTAN China8th of 9−19.8%25 funds · $18.6BMCHIKWEBFXI Nuclear & uranium9th of 9−24.0%10 funds · $10.3BURANLRURNM