Data as of .
DRAI vs FAI: which is really different?
DRAI and FAI hold 0% of their weight in the same names, and FAI returned more over the year.
ETFIQ Off-Index Score: DRAI 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
0% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, DRAI and FAI hold 0% of their money in the same securities at the same weight.
| Only in DRAI | Only in FAI |
|---|---|
| ProShares UltraPro QQQ 21.14% | Microsoft Corporation 9.42% |
| Direxion Daily S&P 500 Bull 3X ETF 20.90% | NVIDIA Corporation 8.49% |
| iShares 7-10 Year Treasury Bond ETF 17.05% | Amazon.com, Inc. 7.78% |
| Vanguard Total Bond Market ETF 17.04% | Broadcom Inc. 7.39% |
| iShares iBoxx USD High Yield Corporate B 17.03% | Alphabet Inc. (Class A) 7.23% |
| ProShares UltraPro Dow30 2.33% | Palantir Technologies Inc. (Class A) 5.12% |
| Direxion Daily Small Cap Bull 3X ETF 2.27% | Meta Platforms, Inc. (Class A) 4.25% |
| Direxion Daily Semiconductor Bull 3X ETF 2.24% | Advanced Micro Devices, Inc. 4.02% |
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 May 29, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| DRAI | FAI | DRAI | FAI | DRAI | FAI | |
| 3 months | −4.5% | −0.5% | −6.8 pts | −2.7 pts | −2.0 pts | +2.0 pts |
| 6 months | +14.8% | +44.6% | −3.3 pts | +26.6 pts | −9.5 pts | +20.4 pts |
| 1 year | +15.8% | +38.0% | −0.8 pts | +21.4 pts | −6.0 pts | +16.2 pts |
| Since launch | +35.8% | +82.5% | −3.5 pts | +51.2 pts | −9.1 pts | +38.3 pts |
| DRAI Draco Evolution AI ETF Holds 8 stocks in artificial intelligence, 0% 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 | Draco Evolution | First Trust |
| Theme | Artificial intelligence | Artificial intelligence |
| In the S&P 500 | 0.0% | 76.9% |
| Active share vs the S&P 500 | 100.0% | 70.0% |
| In the Nasdaq-100 | 0.0% | 73.5% |
| Holdings | 8 | 54 |
| Top ten, share of the fund | 100.0% | 61.5% |
| Expense ratio | 1.34% | 0.65% |
| Fee for the differing part | 1.34% | 0.93% |
| Total return, 1 year | +15.8% | +38.0% |
| vs the S&P 500 | −0.8 pts | +21.4 pts |
| vs the Nasdaq-100 | −6.0 pts | +16.2 pts |
| Below its high | −7.6% | −4.8% |
| Net assets | $24m | $190m |
DRAI in plain words
By weight, 0% of DRAI'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 100% of the fund across 8 positions, as filed for May 29, 2026. Over the year to Sep 18, 2026 the fund returned +15.8% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 0.8 pts. It sits 7.6% below its all-time high of Jun 2, 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 DRAI and FAI hold the same stocks?
- By their latest filings, 0% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, DRAI or FAI?
- DRAI has 0% of its weight in S&P 500 names and FAI has 77%, so DRAI differs more from the index.
- Which is cheaper, DRAI or FAI?
- DRAI charges 1.34% 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, DRAI against FAI, data as of Sep 18, 2026. https://etfiq.com/compare/themes/drai-vs-fai Free to use with attribution; the underlying files are at Open data.