Data as of .
CHAT vs FAI: which is really different?
CHAT and FAI hold 42% of their weight in the same names, and CHAT returned more over the year.
ETFIQ Off-Index Score: CHAT 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
42% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, CHAT and FAI hold 42% of their money in the same securities at the same weight.
| Holding | CHAT | FAI |
|---|---|---|
| NVIDIA Corp | 6.92% | 8.49% |
| Alphabet Inc | 5.69% | 7.23% |
| Microsoft Corp | 3.72% | 9.42% |
| Amazon.com Inc | 3.42% | 7.78% |
| ASML Holding NV | 3.27% | 3.31% |
| SK hynix Inc | 4.40% | 3.16% |
| Advanced Micro Devices Inc | 3.14% | 4.02% |
| Micron Technology Inc | 3.09% | 3.88% |
| Broadcom Inc | 2.53% | 7.39% |
| Meta Platforms Inc | 2.36% | 4.25% |
| Crowdstrike Holdings Inc | 2.25% | 1.75% |
| Snowflake Inc | 1.93% | 1.63% |
| Only in CHAT | Only in FAI |
|---|---|
| SoftBank Group Corp 2.78% | Palantir Technologies Inc. (Class A) 5.12% |
| ARM Holdings PLC 2.63% | Oracle Corporation 3.92% |
| Coherent Corp 2.55% | Taiwan Semiconductor Manufacturing Company Ltd. 3.77% |
| Samsung Electronics Co Ltd 2.49% | ServiceNow, Inc. 2.09% |
| Taiwan Semiconductor Manufacturing Co Ltd 2.46% | MediaTek Inc. 1.55% |
| Lumentum Holdings Inc 2.33% | Adobe Incorporated 1.50% |
| Z AI Co Ltd 2.20% | Space Exploration Technologies Corp. (Class A) 1.46% |
| SK Telecom Co Ltd 2.16% | QUALCOMM Incorporated 1.42% |
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.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| CHAT | FAI | CHAT | FAI | CHAT | FAI | |
| 3 months | −12.2% | −0.5% | −14.5 pts | −2.7 pts | −9.8 pts | +2.0 pts |
| 6 months | +43.6% | +44.6% | +25.6 pts | +26.6 pts | +19.4 pts | +20.4 pts |
| 1 year | +52.0% | +38.0% | +35.5 pts | +21.4 pts | +30.3 pts | +16.2 pts |
| 3 years | +237.0% | not published | +158.6 pts | not published | +138.8 pts | not published |
| Since launch | +256.5% | +82.5% | +166.8 pts | +51.2 pts | +138.6 pts | +38.3 pts |
| CHAT Roundhill Generative AI & Technology ETF Holds 47 stocks in artificial intelligence, 48% 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 | Roundhill | First Trust |
| Theme | Artificial intelligence | Artificial intelligence |
| In the S&P 500 | 47.9% | 76.9% |
| Active share vs the S&P 500 | 72.1% | 70.0% |
| In the Nasdaq-100 | 44.1% | 73.5% |
| Holdings | 47 | 54 |
| Top ten, share of the fund | 39.5% | 61.5% |
| Expense ratio | 0.75% | 0.65% |
| Fee for the differing part | 1.04% | 0.93% |
| Total return, 1 year | +52.0% | +38.0% |
| vs the S&P 500 | +35.5 pts | +21.4 pts |
| vs the Nasdaq-100 | +30.3 pts | +16.2 pts |
| Below its high | −13.7% | −4.8% |
| Net assets | $1.8bn | $190m |
CHAT in plain words
By weight, 48% of CHAT's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 72%. The top ten holdings are 40% of the fund across 47 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +52.0% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 35.5 pts. It sits 13.7% 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 CHAT and FAI hold the same stocks?
- By their latest filings, 42% 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, CHAT or FAI?
- CHAT has 48% of its weight in S&P 500 names and FAI has 77%, so CHAT differs more from the index.
- Which is cheaper, CHAT or FAI?
- CHAT 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.
Cite this page. ETFIQ, CHAT against FAI, data as of Sep 18, 2026. https://etfiq.com/compare/themes/chat-vs-fai Free to use with attribution; the underlying files are at Open data.