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FOTO vs LYTE

Tuttle Capital Pure Play Photonics ETF

FOTODCboe

Roundhill Photonics & Optics ETF

LYTECCboe

Overlap

19.9%by weight

Expense ratio

LYTE −0.10pt a year

FOTO0.75%LYTE0.65%

Avg volume · 30D

LYTE 5.8×the volume

FOTO329KLYTE1.9M

FOTO vs LYTE Performance

Aug 6, 2026 – Nov 6, 2026

−39.2%FOTO−45.5%LYTE

Aug 6, 2026 to Nov 6, 2026. FOTO −39.2%. LYTE −45.5%. Use the arrow keys to read each point.−30%−20%−10%0%10%Aug 2026Sep 2026Nov 2026
Expense ratio
FOTO 0.75%
LYTE 0.65%, better
Fund size
FOTO $71M
LYTE $113M
Holdings
FOTO 28
LYTE 19
Avg volume (30D)
FOTO 329K sh
LYTE 1.9M sh, better
NAV per share
FOTO $11.51
LYTE $13.80
52W range

ETF.net Grade

FOTO: Cost 22, Risk 28, Mission not scored, Tradability 73, Holdings 36, Durability 53. LYTE: Cost 39, Risk 26, Mission not scored, Tradability 62, Holdings 26, Durability 52.
Pillar letters and Scores for FOTO, LYTE, with each pillar’s weight
PillarFOTOLYTE
Cost30% weightF22D39Higher
Mission25% weightNot scoredNot scored
Risk15% weightD28HigherD26
Tradability15% weightA73HigherB62
Holdings10% weightD36HigherD26
Durability5% weightC53HigherC52

Rank among Quantum Computing & Photonics funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. FOTO and LYTE are both graded against the same 8 Quantum Computing & Photonics funds, so their Grades compare head to head.

Quantum Computing & Photonics⁠

Category · 8 funds
See all 8 ›

LYTE ranks 4th and FOTO 7th of 8 funds in the Quantum Computing & Photonics Category.

  1. Rank 1AEUVCorgi Lithography & Semiconductor Photonics ETFScore 76
  2. Rank 2AWQTMWisdomTree Quantum Computing FundScore 75
  3. Rank 3BCQTMCorgi Quantum Computing ETFScore 65
  4. Rank 4CLYTERoundhill Photonics & Optics ETFScore 40
  5. Rank 4CPHOXAura AI Photonics ETFScore 40
  6. Rank 6DLAZRTema Photonics & Optical ETFScore 38
  7. Rank 7DFOTOTuttle Capital Pure Play Photonics ETFScore 37
  8. XQBTNot yet graded

Our read on each fund

ETF.net Research

FOTODTuttle Capital Pure Play Photonics ETF

LYTECRoundhill Photonics & Optics ETF

In short

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.

LYTE No data

Stated mandate

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.

LYTE No data

Why people hold it

  • 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

LYTE No data

Worth knowing

  • 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.

LYTE No data

Full FOTO profile⁠

Full LYTE profile⁠

FOTO vs LYTE Holdings

How FOTO and LYTE differ

Overlap by weight

19.9%

Shared holdings make up 58.7% of LYTE and 19.9% of FOTO.

Level by level

  • Holdings5 in both19.9%
  • Countryby domicile94.5%
  • Sector2 Sectors98.4%
  • Asset classStocks100%

Sector

Sector weights in FOTO and LYTE, widest gap first
SectorMore in FOTOMore in LYTEGap
TechnologyLYTE +1.6 points
MaterialsFOTO +1.6 points

Country, concentration and asset class

Country by domicile

Country weights in FOTO and LYTE, widest gap first
CountryMore in FOTOMore in LYTEGap
TaiwanLYTE +5.5 points
United StatesFOTO +2.4 points
SwedenFOTO +1.8 points
CanadaFOTO +1.3 points

Concentration

Weight in the 10 largest Holdings

  • FOTO181.0%
  • LYTE166.2%

Securities held

  • FOTO27
  • LYTE12

Asset class

FOTO
Stocks
LYTE
Stocks

Holdings

  • Only in FOTO22
  • In both5
  • Only in LYTE7

Only in FOTO

22 securities, 85.3% of FOTO by weight

  • Recv Foto Trs Lite Eq10.74%
  • Recv Foto Trs Ipgp Eq8.65%
  • Recv Foto Trs Fn Eq8.58%

Only in LYTE

7 securities, 78.8% of LYTE by weight

  • United States Treasury Bill 12/03/202671.98%
  • LandMark Optoelectronics Corp2.63%
  • First American Government Obligations Fund 12/01/20312.30%

Weight gaps

All 5 Holdings in both funds, largest gap first.

Holding weights in FOTO and LYTE, widest gap first
HoldingMore in FOTOMore in LYTEGap
Coherent Corp Common StockCOHRLYTE +17.40 points
Lumentum Holdings IncLITELYTE +12.39 points
Ciena CorpCIENLYTE +5.48 points
FabrinetFNLYTE +3.26 points
Applied Optoelectronics IncAAOILYTE +0.24 points

All 41 FOTO holdings⁠All 24 LYTE holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

FOTO vs LYTE Cost

Overpaying FOTO vs LYTE

$1,765

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • FOTO 0.75%

    $14,482

  • LYTE 0.65%

    $12,717

$10,000
30 years

Cost over time

  • FOTO 0.75%
  • LYTE 0.65%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530FOTO $14,482LYTE $12,717

Year by year

YearFOTOLYTEOverpaying
10$1,336$1,163$173
20$5,078$4,440$638
30$14,482$12,717$1,765

Expense ratio

  • 0.75%FOTO
  • 0.65%LYTE, cheaper
  • Middle half of Quantum Computing & Photonics funds
  • Median 0.54%

LYTE 6th cheapest of 8 funds

FOTO 7th cheapest of 8 funds

FOTO vs LYTE Dividends

Last 12 months to Nov 6, 2026
Payout (12M)
FOTO None
LYTE None

Distribution history

FOTOAll FOTO payments⁠

No distribution history available.

LYTEAll LYTE payments⁠

No distribution history available.

FOTO vs LYTE Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

Market sensitivityBeta, 5 years
FOTO 1.72LYTE 0.00

FOTO and LYTE in the news

All news⁠

Popular comparisons

  • FOTODvsEUVA

    Tuttle Capital Pure Play Photonics ETF · Corgi Lithography & Semiconductor Photonics ETF

    Expense ratio
    0.75% · 0.35%
    Category
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  • LYTECvsEUVA

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  • FOTODvsWQTMA

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  • LYTECvsWQTMA

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    0.65% · 0.45%
    Category
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  • FOTODvsCQTMB

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    Expense ratio
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    Category
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  • LYTECvsCQTMB

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    Expense ratio
    0.65% · 0.35%
    Category
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