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Data as of .

AIS vs FAI: which is really different?

AIS and FAI hold 21% of their weight in the same names, and AIS returned more over the year.

VistaShares Artificial Intelligence Supercycle ETF and First Trust Bloomberg Artificial Intelligence ETF.

41.2%AIS in the S&P 500
76.9%FAI in the S&P 500
+107.6%AIS total return, 1 year
+38.0%FAI total return, 1 year

ETFIQ Off-Index Score: AIS scores higher

How much of it is not the index it is sold as an alternative to?

AIS 23.4FAI 4.70.1, the lowest in this set91.8, the highest

A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed

AIS59% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
41%59%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 89% · top ten 46% of the fund · 60 holdings filed Sep 21, 2026 · Nasdaq-100: 33% in41%59%in the S&P 500outside the S&P 500active share 89% · top ten 46% of the fund
FAI23% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
77%23%of its weight in S&P 500 companiesoutside the S&P 500active share 70% · top ten 62% of the fund · 54 holdings filed Sep 18, 2026 · Nasdaq-100: 74% in77%23%in the S&P 500outsideactive share 70% · top ten 62% of the fund

21% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, AIS and FAI hold 21% of their money in the same securities at the same weight.

Positions AIS and FAI both hold, largest shared weight first
HoldingAISFAI
Advanced Micro Devices Inc5.52%4.02%
Micron Technology Inc7.19%3.88%
MARVELL TECHNOLOGY INC4.01%3.19%
SK hynix Inc8.24%3.16%
NVIDIA Corp2.02%8.49%
ASML Holding NV1.88%3.31%
Arista Networks Inc1.95%1.56%
MediaTek Inc1.16%1.55%
Broadcom Inc0.69%7.39%
Astera Labs Inc1.76%0.68%
Super Micro Computer Inc0.64%0.33%
EURO0.00%0.00%
Only in each
Only in AISOnly in FAI
Semtech Corp 4.68%Microsoft Corporation 9.42%
Taiwan Semiconductor Manufacturing Co Ltd 3.62%Amazon.com, Inc. 7.78%
Intel Corp 3.35%Alphabet Inc. (Class A) 7.23%
Vertiv Holdings Co 3.22%Palantir Technologies Inc. (Class A) 5.12%
Silicon Motion Technology Corp 3.15%Meta Platforms, Inc. (Class A) 4.25%
Foxconn Industrial Internet Co Ltd 2.67%Oracle Corporation 3.92%
GE Vernova Inc 2.60%Taiwan Semiconductor Manufacturing Company Ltd. 3.77%
Seagate Technology Holdings PLC 2.44%ServiceNow, Inc. 2.09%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 18, 2026 and Sep 21, 2026.

Performance, window by window

AIS and FAI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
AISFAIAISFAIAISFAI
3 months−15.6%−0.5%−17.8 pts−2.7 pts−13.1 pts+2.0 pts
6 months+67.5%+44.6%+49.5 pts+26.6 pts+43.3 pts+20.4 pts
1 year+107.6%+38.0%+91.1 pts+21.4 pts+85.9 pts+16.2 pts
Since launch+188.0%+82.5%+159.0 pts+51.2 pts+147.2 pts+38.3 pts
Open the live comparison on ETFIQ
AIS and FAI on the same fields, as of Sep 18, 2026. Source: ETFIQ.
AIS
VistaShares Artificial Intelligence Supercycle ETF
Holds 60 stocks in artificial intelligence, 41% of its weight in S&P 500 companies
FAI
First Trust Bloomberg Artificial Intelligence ETF
Holds 54 stocks in artificial intelligence, 77% of its weight in S&P 500 companies
IssuerVistaSharesFirst Trust
ThemeArtificial intelligenceArtificial intelligence
In the S&P 50041.2%76.9%
Active share vs the S&P 50088.9%70.0%
In the Nasdaq-10032.8%73.5%
Holdings6054
Top ten, share of the fund45.6%61.5%
Expense ratio0.75%0.65%
Fee for the differing part0.84%0.93%
Total return, 1 year+107.6%+38.0%
vs the S&P 500+91.1 pts+21.4 pts
vs the Nasdaq-100+85.9 pts+16.2 pts
Below its high−18.3%−4.8%
Net assets$1.0bn$190m

AIS in plain words

By weight, 41% of AIS's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 89%. The top ten holdings are 46% of the fund across 60 positions, as published by its issuer for Sep 21, 2026. Over the year to Sep 18, 2026 the fund returned +107.6% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 91.1 pts. It sits 18.3% below its all-time high of Jun 22, 2026.

FAI in plain words

By weight, 77% 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 54 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +38.0% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 21.4 pts.

Questions people ask

Do AIS and FAI hold the same stocks?
By their latest filings, 21% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, AIS or FAI?
AIS has 41% of its weight in S&P 500 names and FAI has 77%, so AIS differs more from the index.
Which is cheaper, AIS or FAI?
AIS charges 0.75% a year and FAI charges 0.65%, so FAI is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

AIS against FAI, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, AIS against FAI, data as of Sep 18, 2026. https://etfiq.com/compare/themes/ais-vs-fai Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources