Data as of .
AIX vs FAI: which is really different?
AIX and FAI hold 50% of their weight in the same names.
ETFIQ Off-Index Score: FAI scores higher
How much of it is not the index it is sold as an alternative to?
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
50% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, AIX and FAI hold 50% of their money in the same securities at the same weight.
| Holding | AIX | FAI |
|---|---|---|
| Microsoft Corp | 5.73% | 9.42% |
| Palantir Technologies Inc | 6.26% | 5.12% |
| Nvidia Corp | 5.07% | 8.49% |
| Amazon.com Inc | 4.84% | 7.78% |
| Alphabet Inc | 4.49% | 7.23% |
| Broadcom Inc | 4.44% | 7.39% |
| Meta Platforms Inc | 5.38% | 4.25% |
| Advanced Micro Devices Inc | 5.69% | 4.02% |
| Micron Technology Inc | 5.27% | 3.88% |
| Marvell Technology Inc | 3.34% | 3.19% |
| Space Exploration Technologies Corp | 4.75% | 1.46% |
| Qualcomm Inc | 2.87% | 1.42% |
| Only in AIX | Only in FAI |
|---|---|
| Apple Inc 5.30% | Oracle Corporation 3.92% |
| Intel Corp 4.64% | Taiwan Semiconductor Manufacturing Company Ltd. 3.77% |
| Tesla Inc 4.38% | ASML Holding N.V. 3.31% |
| Arm Holdings Plc 4.11% | SK Hynix Inc. 3.16% |
| Texas Instruments Inc 3.76% | ServiceNow, Inc. 2.09% |
| Kla Corp 3.60% | CrowdStrike Holdings, Inc. (Class A) 1.75% |
| Analog Devices Inc 2.80% | Snowflake Inc. (Class A) 1.63% |
| T-mobile Us Inc 2.79% | Arista Networks, Inc. 1.56% |
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
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| AIX | FAI | AIX | FAI | AIX | FAI | |
| 3 months | not published | −0.5% | not published | −2.7 pts | not published | +2.0 pts |
| 6 months | not published | +44.6% | not published | +26.6 pts | not published | +20.4 pts |
| 1 year | not published | +38.0% | not published | +21.4 pts | not published | +16.2 pts |
| Since launch | −4.6% | +82.5% | −6.9 pts | +51.2 pts | −2.6 pts | +38.3 pts |
| AIX Defiance US 100 Tech AI Moat ETF Holds 32 stocks in artificial intelligence, 88% 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 | |
|---|---|---|
| Issuer | Defiance | First Trust |
| Theme | Artificial intelligence | Artificial intelligence |
| In the S&P 500 | 88.0% | 76.9% |
| Active share vs the S&P 500 | 64.0% | 70.0% |
| In the Nasdaq-100 | 94.3% | 73.5% |
| Holdings | 32 | 54 |
| Top ten, share of the fund | 52.9% | 61.5% |
| Expense ratio | 0.65% | 0.65% |
| Fee for the differing part | 1.02% | 0.93% |
| Total return, 1 year | −4.6% (since launch on Jun 30, 2026) | +38.0% |
| vs the S&P 500 | −6.9 pts | +21.4 pts |
| vs the Nasdaq-100 | −2.6 pts | +16.2 pts |
| Below its high | −4.6% | −4.8% |
| Net assets | $482,327 | $190m |
AIX in plain words
By weight, 88% of AIX's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 64%. The top ten holdings are 53% of the fund across 32 positions, as published by its issuer for Sep 21, 2026. Since it launched on Jun 30, 2026 the fund returned −4.6% with distributions reinvested against +2.3% for the S&P 500, so a holder was behind by 6.9 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 AIX and FAI hold the same stocks?
- By their latest filings, 50% of their books are the same securities at the same weight, which is close to holding one of them twice. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, AIX or FAI?
- AIX has 88% of its weight in S&P 500 names and FAI has 77%, so FAI differs more from the index.
- Which is cheaper, AIX or FAI?
- AIX charges 0.65% a year and FAI charges 0.65%, so AIX 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.
Cite this page. ETFIQ, AIX against FAI, data as of Sep 18, 2026. https://etfiq.com/compare/themes/aix-vs-fai Free to use with attribution; the underlying files are at Open data.