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Data as of Oct 28, 2026.

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Thematic ETFs

COOL vs FAI: Holdings Overlap & Returns

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COOL and FAI hold 0% of their weight in the same names.

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Net assets on Oct 27, 2026: $1.4m for VegaShares AI Thermal, Cooling & Power Management ETF and $263m for First Trust Bloomberg Artificial Intelligence ETF.

COOL on its own →FAI on its own →
At a glance
11.3%
COOL in the S&P 500
76.6%
FAI in the S&P 500
−4.6%
COOL total return, since launch, Aug 13, 2026
+28.3%
FAI total return, 1 year
COOL · since launch to Oct 28, 2026 12 positions, 34% of its net assets
12 positions, 34% of its net assetsCOOL holds 12 positions, 34% of its net assets. Holdings as of Aug 31, 2026.11%89%inof its weight outside the S&P 500active share 100% · top ten 33% of the fund · 12 holdings as filed for Aug 31, 2026 · Nasdaq-100: 2% in12 positions, 34% of its net assetsCOOL holds 12 positions, 34% of its net assets. Holdings as of Aug 31, 2026.11%89%inof its weight outside the S&P 500active share 100% · Nasdaq-100: 2% in

COOL holds 12 positions, 34% of its net assets. Holdings as of Aug 31, 2026.

FAI · 1 year to Oct 28, 2026 23% of its weight is outside the S&P 500
23% of its weight is outside the S&P 50077% of FAI's weight is in S&P 500 companies and 23% is outside the index. Holdings as of Oct 27, 2026.77%23%of its weight in S&P 500 companiesoutside the S&P 500active share 70% · top ten 61% of the fund · 50 holdings as published by its issuer for Oct 27, 2026 · Nasdaq-100: 74% in23% of its weight is outside the S&P 50077% of FAI's weight is in S&P 500 companies and 23% is outside the index. Holdings as of Oct 27, 2026.77%23%in the S&P 500outsideactive share 70% · Nasdaq-100: 74% in

77% of FAI's weight is in S&P 500 companies and 23% is outside the index. Holdings as of Oct 27, 2026.

Pair scorecard

FAI costs 0.10 points a year less; FAI is far larger, $263m against $1.4m.

Points (pts) are percentage points.

COOL vs FAI: Holdings Overlap & Returns
MeasureCOOLFAI
Return
Total return, 1 yearnot published+28.3%
Drawdown
Below its all-time high13.3%, high on Oct 5, 20265.4%, high on Oct 6, 2026
Against its benchmark
What it tracksAI infrastructure and chipsArtificial intelligence
Against the S&P 500, 1 yearahead by 14.6 pts
Its benchmark, total return, 1 year+13.7%
Against its benchmark, 1 yearahead by 14.6 pts
Cost and size
Expense ratio0.75%0.65%
Net assets, as of Oct 27, 2026$1.4m$263m
Holdings
Holdings in common0%
Top ten holdings, share of the fund32%61%

Holdings in common uses holdings dated Aug 31, 2026 and Oct 27, 2026. Method

What they share

0%

By the books each fund has filed, COOL and FAI hold 0% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first COOL FAI
Monolithic Power Systems Inc 2.42% 0.44%
Only in one fund ↓
Only in COOL
Vertiv Holdings Co 8.07%
Sanyo Denki Co Ltd 4.00%
Vicor Corp 3.59%
Navitas Semiconductor Corp 3.55%
Advanced Energy Industries Inc 3.50%
nVent Electric PLC 2.08%
Infineon Technologies AG 1.99%
Rohm Co Ltd 1.76%
Only in FAI
Microsoft Corporation 8.69%
Amazon.com, Inc. 8.52%
Broadcom Inc. 8.16%
Alphabet Inc. (Class A) 7.90%
NVIDIA Corporation 7.89%
Palantir Technologies Inc. (Class A) 4.46%
Taiwan Semiconductor Manufacturing Company Ltd. 3.99%
Advanced Micro Devices, Inc. 3.74%
Check overlap with more funds →

Window by window

Window by window: COOL vs FAI: Holdings Overlap & Returns
Total returnvs its benchmark
WindowCOOLFAICOOLFAI
3 months–+18.6%–+12.5 pts vs VOO
6 months–+23.0%–+13.9 pts vs VOO
1 year–+28.3%–+14.6 pts vs VOO
Since launchNot the same days: COOL Aug 2026 · FAI Nov 2024−4.6%+84.7%not measured+51.4 pts vs VOO

– means no data for this window. Open this comparison in the app →

Side by side

COOL VegaShares AI Thermal, Cooling & Power Management ETF · Holds 12 stocks in aI infrastructure and chips, 11% of its weight in S&P 500 companies FAI First Trust Bloomberg Artificial Intelligence ETF · Holds 50 stocks in artificial intelligence, 77% of its weight in S&P 500 companies
Issuer VegaShares First Trust
Theme AI infrastructure and chips Artificial intelligence
In the S&P 500 11.3% 76.6%
Active share vs the S&P 500 99.6% 70.1%
In the Nasdaq-100 2.4% 74.3%
Holdings 12 50
Top ten, share of the fund 32.5% 60.7%
Expense ratio 0.75% 0.65%
Fee for the differing part 0.75% 0.93%
Total return, 1 year −4.6% (since launch, Aug 13, 2026) +28.3%
vs its benchmark not measured +14.6 pts vs VOO
Below its high −13.3% −5.4%
Net assets, as of Oct 27, 2026 $1.4m $263m

As of Oct 28, 2026. Source: ETFIQ.

0% of the two portfolios are the same securities at the same weight.

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About each fund
COOL

By weight, 11% of COOL's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 32% of the fund across 12 positions, as filed for Aug 31, 2026. Since it first traded on Aug 13, 2026 the fund returned −4.6% with distributions reinvested. It sits 13.3% below its all-time high of Oct 5, 2026.

FAI

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 61% of the fund across 50 positions, as published by its issuer for Oct 27, 2026. Over the year to Oct 28, 2026 the fund returned +28.3% with distributions reinvested against +13.7% for its benchmark, the S&P 500 Index, so a holder was ahead by 14.6 pts. It sits 5.4% below its all-time high of Oct 6, 2026.

Questions people ask

Do COOL and FAI hold the same stocks?
By their latest filings, 0% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, COOL or FAI?
COOL has 11% of its weight in S&P 500 names and FAI has 77%, so COOL differs more from the index.
Which is cheaper, COOL or FAI?
COOL charges 0.75% a year and FAI charges 0.65%, so FAI is cheaper. Fees come from each fund's prospectus.
Other comparisons
COOL vs KOIDCOOL vs THNQCOOL vs XAIXCOOL vs ALAIFAI vs AIHYFAI vs AINFFAI vs IVEPFAI vs TCAI
Where to next
All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →COOL on its own →FAI on its own →COOL holdings →FAI dividend history →FAI holdings →Method →Standards and sources →
Sources and dates
COOL filings on SEC EDGAR ↗
COOL prospectus with the expense ratio (SEC) ↗
VegaShares page for COOL ↗
FAI filings on SEC EDGAR ↗
FAI prospectus with the expense ratio (SEC) ↗
First Trust page for FAI ↗

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.

Cite this pageCitation, APA and Markdown

ETFIQ, COOL against FAI, data as of Oct 28, 2026. https://etfiq.com/compare/themes/cool-vs-fai

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.