FAI
First Trust Bloomberg Artificial Intelligence ETF
The First Trust Bloomberg Artificial Intelligence ETF aims to provide investment results that correspond generally to the price and yield performance of an index composed of companies actively involved in the development and utilization of artificial intelligence technologies.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 243.0 M
ASSETS UNDER MGMT
66 bp
EXPENSES
Fund Basics
| Inception date | Nov 20, 2024 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| MICROSOFT CORP | 8.9 % |
| AMAZON.COM INC | 8.5 % |
| BROADCOM INC. | 8.0 % |
| NVIDIA CORP | 7.9 % |
| ALPHABET INC. CLASS A | 7.9 % |
| PALANTIR TECHNOLOGIES INC. CLASS A | 4.5 % |
| TAIWAN SEMICONDUCTOR MANUFAC | 4.0 % |
| ASML HOLDING NV | 3.8 % |
| META PLATFORMS INC | 3.7 % |
| MICRON TECHNOLOGY INC | 3.6 % |
Constituent Breakdown
| Number of holdings | 53 |
| Herfindahl-Hirschman Index | 493 |
| Wgt avg mkt cap (mns) | $1,810,686 |
| Large cap (>$10bn) | 96.3% |
| Mid cap ($2-10bn) | 1.7% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 89.8% |
| Emerging mkts. | 8.6% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 82.8 % |
 |
TAIWAN | 5.3 % |
 |
NETHERLANDS | 4.8 % |
 |
SOUTH KOREA | 2.9 % |
 |
CANADA | 1.6 % |
Historical Performance
Standardized Performance (as of 09/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 38.0% | 43.5% | -- | -- | -- | -- | -- | 40.3% |
| Dividend Yield | 0.0% | 0.0% | -- | -- | -- | -- | -- | 0.0% |
| Total Returns | 38.0% | 43.5% | -- | -- | -- | -- | -- | 40.4% | Ann. Volatility | 31.1% | 29.9% | -- | -- | -- | -- | -- | 30.7% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 2.04 | 74% |
| MSCI EAFE | 1.20 | 40% |
| MSCI Emg Mkts | 0.99 | 69% |
Liquidity Measures
| Avg. volume (000) | 73 |
| ADV traded (mns) | $4 |
| Turnover | 1.5% |
| Avg. Bid/Ask (% of price) | 0.12% |
Technical Indicators
| 30d moving avg. (EMA) | $55.36 |
| Relative strength (RSI) | 50 |
| MACD/Signal | -0.52/-0.16 |
| Bollinger Bands (Upper/Lower) | $59.99/$52.24 |
| Short interest (% of AUM) | 0.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. FAI |
Expenses vs. FAI |
ALTAR Score™ vs. FAI |
|---|---|---|---|---|
| QGRW | WisdomTree U.S. Quality Growth Fund | 52.4% | -38 bp | -0.2% |
| CHAT | Roundhill Generative AI & Technology ETF | 52.2% | +9 bp | -1.4% |
| IGM | iShares Expanded Tech Sector ETF | 51.6% | -29 bp | -0.8% |
| IVES | Wedbush ETFMG Global Cloud Technology ETF | 49.5% | +9 bp | -2.1% |
| RND | First Trust Bloomberg R&D Leaders ETF | 47.9% | -6 bp | -0.3% |
| PJFG | PGIM Jennison Focused Growth ETF | 47.5% | +9 bp | -2.0% |
| LRND | IQ U.S. Large Cap R&D Leaders ETF | 47.4% | -51 bp | +0.4% |
| IXN | iShares Global Tech ETF | 47.1% | -29 bp | -0.2% |
| AIX | Defiance US 100 Tech AI Moat ETF | 47.0% | -1 bp | -2.0% |
| IETC | iShares U.S. Tech Independence Focused ETF | 46.8% | -48 bp | -0.5% |
Risk and Returns: FAI vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/1/2026
Peer Group Comparison
Sample data. Subscribe for access.
Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
5.1%
ALTAR SCORE™
43rd
PERCENTILE
NEUTRAL
ETFRC RATING
There are 1,400 funds in the US Equity category with an average
ALTAR Score™ of 5.5% and a standard deviation
of 2.1%. FAI's ALTAR Score™ is approximately -0.2 standard
deviations above the category average. This places FAI in the 43rd percentile
among funds in the category.
Sell-Side Consensus
$70.3
PRICE TARGET
+37.4%
UPSIDE