EUV vs FOTO

EUVACorgi Lithography & Semiconductor Photonics ETF

FOTODTuttle Capital Pure Play Photonics ETF

In short

EUV —No data

FOTO Photonics with a purity test: holdings must earn at least half their revenue from the business of moving data as light instead of electricity. About 40 global names, actively managed, and per its prospectus income comes first, generated with a systematic put spread strategy.

Stated mandate

EUV —No data

FOTO The Fund seeks current income and, secondarily, long-term capital appreciation. It targets photonics-related companies and uses a systematic put spread strategy to generate income.

Why people hold it

EUV —No data

• FOTO The pure-play screen has teeth: companies must derive at least 50% of revenue or operating profit from photonics, so the theme is not padded with megacap filler.nasdaq.com
• The theme is spelled out, not vague: optical communications, silicon photonics, LiDAR, industrial lasers and optoelectronic devices, drawn from a global opportunity set.fotoetf.com
• Income leads the mandate, pursued with a systematic put spread strategy. That is an unusual build for a frontier-tech theme where cohort rivals chase appreciation alone.
• Actively traded since its 2026 launch, with listed options on Cboe and EDGX, so sizing and hedging tools exist alongside the shares.nasdaq.com

Worth knowing

EUV —No data

• FOTO At 0.75%, the fee runs more than double the cohort median of 0.35%. Theme neighbors EUV (0.35%) and QTUP (0.00%) charge less for adjacent exposure.
• Non-diversified and roughly 40 names deep, with part of the exposure taken through swaps rather than shares, which layers counterparty risk onto a concentrated basket.fotoetf.comyahoo.com
• Put spread premium moves with volatility, and the short leg absorbs declines down to the long strike. Income from that engine is variable by design, not fixed.

Full EUV profile⁠

Full FOTO profile⁠