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Data as of .

AIUP vs FAI: which is really different?

AIUP and FAI hold 30% of their weight in the same names.

FINQ FIRST U.S. Large Cap AI-Managed Equity ETF and First Trust Bloomberg Artificial Intelligence ETF.

100.0%AIUP in the S&P 500
76.9%FAI in the S&P 500
+26.9%AIUP total return, 1 year
+38.0%FAI total return, 1 year

ETFIQ Off-Index Score: AIUP scores higher

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

AIUP 8FAI 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

AIUP0% of its weight is outside the S&P 500 · 6 months to Sep 18, 2026
100%0%of its weight in S&P 500 companies0% of its weight outside the S&P 500active share 76% · top ten 78% of the fund · 15 holdings filed Jun 30, 2026 · Nasdaq-100: 77% in100%0%of its weight in S&P 500 companies0% of its weight outside the S&P 500active share 76% · top ten 78% 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

30% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, AIUP and FAI hold 30% of their money in the same securities at the same weight.

Positions AIUP and FAI both hold, largest shared weight first
HoldingAIUPFAI
NVIDIA Corp15.46%8.49%
Amazon.com Inc14.81%7.78%
Alphabet Inc4.64%7.23%
Microsoft Corp4.64%9.42%
Meta Platforms Inc14.88%4.25%
Only in each
Only in AIUPOnly in FAI
AppLovin Corp 4.77%Broadcom Inc. 7.39%
Palo Alto Networks Inc 4.69%Palantir Technologies Inc. (Class A) 5.12%
Expand Energy Corp 4.65%Advanced Micro Devices, Inc. 4.02%
DoorDash Inc 4.60%Oracle Corporation 3.92%
Visa Inc 4.60%Micron Technology, Inc. 3.88%
Mastercard Inc 4.59%Taiwan Semiconductor Manufacturing Company Ltd. 3.77%
Booking Holdings Inc 4.45%ASML Holding N.V. 3.31%
Boston Scientific Corp 4.45%Marvell Technology, Inc. 3.19%

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 Jun 30, 2026 and Sep 18, 2026.

Performance, window by window

AIUP 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
AIUPFAIAIUPFAIAIUPFAI
3 months+15.5%−0.5%+13.3 pts−2.7 pts+18.0 pts+2.0 pts
6 months+29.3%+44.6%+11.3 pts+26.6 pts+5.1 pts+20.4 pts
1 yearnot published+38.0%not published+21.4 ptsnot published+16.2 pts
Since launch+26.9%+82.5%+15.8 pts+51.2 pts+8.3 pts+38.3 pts
Open the live comparison on ETFIQ
AIUP and FAI on the same fields, as of Sep 18, 2026. Source: ETFIQ.
AIUP
FINQ FIRST U.S. Large Cap AI-Managed Equity ETF
Holds 15 stocks in artificial intelligence, 100% 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
IssuerFINQFirst Trust
ThemeArtificial intelligenceArtificial intelligence
In the S&P 500100.0%76.9%
Active share vs the S&P 50076.1%70.0%
In the Nasdaq-10077.3%73.5%
Holdings1554
Top ten, share of the fund77.7%61.5%
Expense ratio0.70%0.65%
Fee for the differing part0.92%0.93%
Total return, 1 year+26.9% (since launch on Feb 6, 2026)+38.0%
vs the S&P 500+15.8 pts+21.4 pts
vs the Nasdaq-100+8.3 pts+16.2 pts
Below its high0.0%−4.8%
Net assets$4m$190m

AIUP in plain words

By weight, 100% of AIUP's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 76%. The top ten holdings are 78% of the fund across 15 positions, as filed for Jun 30, 2026. Since it launched on Feb 6, 2026 the fund returned +26.9% with distributions reinvested against +11.2% for the S&P 500, so a holder was ahead by 15.8 pts.

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 AIUP and FAI hold the same stocks?
By their latest filings, 30% 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, AIUP or FAI?
AIUP has 100% of its weight in S&P 500 names and FAI has 77%, so AIUP differs more from the index.
Which is cheaper, AIUP or FAI?
AIUP charges 0.70% 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.

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

How every figure is computed · Standards and sources