Defiance ETFs just filed with the SEC to launch two new funds that would let investors ride shotgun on the venture portfolios of two of the most powerful companies in tech. The Nvidia Ventures ETF and the Google Ventures ETF aim to track companies that each tech giant has directly invested in since inception.

What Defiance is building

Defiance ETFs specializes in rules-based thematic ETFs focused on disruptive innovation. The firm has carved out a niche by packaging trending investment themes, from AI to quantum computing, into accessible fund wrappers.

The two new filings, submitted on May 22, represent the latest entries in that playbook. The Nvidia Ventures ETF would hold companies considered strategic partners or direct investees of Nvidia. The Google Ventures ETF follows the same logic for Alphabet’s investment portfolio.

Specific tickers and holdings haven’t been disclosed yet. Fee structures and index methodologies are also still under wraps as the application process moves forward.