Data as of Nov 4, 2026.
AIS vs FAI: Holdings Overlap & Returns
Over the year to Nov 4, 2026, AIS returned +44.0% to FAI's +19.9%; 26% of their weight is in the same names.
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Net assets: $940m on Nov 4, 2026 for VistaShares Artificial Intelligence Supercycle ETF, and $245m on Nov 3, 2026 for First Trust Bloomberg Artificial Intelligence ETF.
41% of AIS's weight is in S&P 500 companies and 60% is outside the index. Holdings as of Nov 4, 2026.
77% of FAI's weight is in S&P 500 companies and 24% is outside the index. Holdings as of Nov 3, 2026.
Pair scorecard
FAI costs 0.10 points a year less; their one-year returns differ by 24.1 points; AIS is 4.0 times larger.
Points (pts) are percentage points.
| Measure | AIS | FAI |
|---|---|---|
| Return | ||
| Total return, 1 year | +44.0% | +19.9% |
| Drawdown | ||
| Below its all-time high | 37.0%, high on Jun 22, 2026 | 14.0%, high on Oct 6, 2026 |
| Against its benchmark | ||
| What it tracks | Artificial intelligence | Artificial intelligence |
| Against the S&P 500, 1 year | ahead by 29.2 pts | ahead by 5.1 pts |
| Its benchmark, total return, 1 year | +14.8% | +14.8% |
| Against its benchmark, 1 year | ahead by 29.2 pts | ahead by 5.1 pts |
| Cost and size | ||
| Expense ratio | 0.75% | 0.65% |
| Net assets, as of Nov 3, 2026 | $977m | $245m |
| Holdings | ||
| Holdings in common | 26% | |
Risk and return
Dec 13, 2024 to Oct 30, 2026 · 98 weekly returns · each against VOOFrom Dec 2024 to Oct 2026, AIS returned more: +138.0% to +60.1%. FAI swung less: 28.6% to 38.3%. FAI fell less at its worst: −26.7% to −30.4%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | AIS | FAI | VOO | Edge | How it is measured |
|---|---|---|---|---|---|
| Return | |||||
| Total return | +138.0% | +60.1% | AIS | Price change plus distributions, reinvested. | |
| Annualized | +58.4% | +28.4% | AIS | Total return as a yearly rate. | |
| Price return | +138.0% | +60.1% | AIS | Price change alone, distributions left out. | |
| Risk | |||||
| Volatility | 38.3% | 28.6% | FAI | Spread of weekly returns, annualized. Lower is steadier. | |
| Downside deviation | 25.9% | 18.2% | FAI | Like volatility, counting only weeks below the Treasury bill rate. | |
| Max drawdown | −30.4% | −26.7% | FAI | Deepest fall from a high to the low after it. | |
| Upside capture | Not measured | 278.6% | 100.0% | Share of its benchmark's rise caught in the weeks it rose. | |
| Downside capture | 137.5% | 141.2% | 100.0% | AIS (slight) | Share of its benchmark's fall taken in the weeks it fell. Lower is better. |
| Beta | 1.82 | 1.67 | 1.00 | FAI lower | How far it moves for each 1% its benchmark moves. |
| R squared | 0.50 | 0.75 | 1.00 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | |||||
| Sharpe | 1.29 | 0.88 | AIS | Return above Treasury bills per unit of volatility. | |
| Sortino | 1.92 | 1.38 | AIS | Return above Treasury bills per unit of downside deviation. | |
| Treynor | 0.272 | 0.150 | 0.102 | AIS | Return above Treasury bills per unit of beta. |
| Calmar | 1.92 | 1.06 | AIS | Annualized return divided by the max drawdown. | |
| Against the benchmark | |||||
| Benchmark | VOO | VOO | VOO | The ETF each fund is measured against. | |
| Alpha | +30.9% a year | +7.9% a year | 0.0% | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | 1.55 | 0.76 | Not an edge | How sure the alpha is. Below 2, it could be chance. | |
| Alpha range | −8.7% to +70.6% | −12.8% to +28.6% | Both include zero | The 95% range for the yearly alpha. | |
| Information ratio | 1.32 | 0.85 | AIS | Return against its benchmark per unit of tracking error. | |
| Tracking error | 29.8% | 17.3% | 0.0% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 98 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, AIS and FAI hold 26% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026 and Nov 4, 2026.
half
26% in common
Only in one fund ↓
Window by window
| Total return | vs its benchmark | |||
|---|---|---|---|---|
| Window | AIS | FAI | AIS | FAI |
| 3 months | −18.7% | −5.9% | −18.6 pts vs VOO | −5.8 pts vs VOO |
| 6 months | −15.7% | +3.2% | −20.7 pts vs VOO | −1.8 pts vs VOO |
| 1 year | +44.0% | +19.9% | +29.2 pts vs VOO | +5.1 pts vs VOO |
| Since launchNot the same days: AIS Dec 2024 · FAI Nov 2024 | +122.2% | +67.8% | +92.2 pts vs VOO | +35.5 pts vs VOO |
Side by side
As of Nov 4, 2026. Source: ETFIQ.
26% of the two portfolios are the same securities at the same weight.
Client brief:
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AIS
By weight, 40% of AIS's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 88%. The top ten holdings are 44% of the fund across 57 positions, as published by its issuer for Nov 4, 2026. Over the year to Nov 4, 2026 the fund returned +44.0% with distributions reinvested against +14.8% for its benchmark, the S&P 500 TR, so a holder was ahead by 29.2 pts. It sits 37.0% below its all-time high of Jun 22, 2026.
FAI
By weight, 76% of FAI's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 70%. The top ten holdings are 62% of the fund across 50 positions, as published by its issuer for Nov 3, 2026. Over the year to Nov 4, 2026 the fund returned +19.9% with distributions reinvested against +14.8% for its benchmark, the S&P 500 Index, so a holder was ahead by 5.1 pts. It sits 14.0% below its all-time high of Oct 6, 2026.
Questions people ask
- Do AIS and FAI hold the same stocks?
- By their latest filings, 26% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Every number is an ETFIQ calculation with distributions reinvested.
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ETFIQ, AIS against FAI, data as of Nov 4, 2026. https://etfiq.com/compare/themes/ais-vs-fai
ETFIQ. (Nov 4, 2026). AIS against FAI. Retrieved from https://etfiq.com/compare/themes/ais-vs-fai
[AIS against FAI (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/themes/ais-vs-fai)
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