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Data as of Nov 4, 2026.

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Thematic ETFs

EPAI vs FAI: Holdings Overlap & Returns

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EPAI and FAI hold 9% of their weight in the same names.

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Net assets on Nov 3, 2026: $5.0m for Harbor AI Inflection Strategy ETF and $245m for First Trust Bloomberg Artificial Intelligence ETF.

EPAI on its own →FAI on its own →
At a glance
59.2%
EPAI in the S&P 500
76.5%
FAI in the S&P 500
+20.3%
EPAI total return, since launch, Dec 18, 2025
+19.9%
FAI total return, 1 year
EPAI · 6 months to Nov 4, 2026 41% of its weight is outside the S&P 500
41% of its weight is outside the S&P 50059% of EPAI's weight is in S&P 500 companies and 41% is outside the index. Holdings as of Jul 31, 2026.59%41%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 96% · top ten 37% of the fund · 37 holdings as filed for Jul 31, 2026 · Nasdaq-100: 25% in41% of its weight is outside the S&P 50059% of EPAI's weight is in S&P 500 companies and 41% is outside the index. Holdings as of Jul 31, 2026.59%41%in the S&P 500outsideactive share 96% · Nasdaq-100: 25% in

59% of EPAI's weight is in S&P 500 companies and 41% is outside the index. Holdings as of Jul 31, 2026.

FAI · 1 year to Nov 4, 2026 24% of its weight is outside the S&P 500
24% of its weight is outside the S&P 50077% of FAI's weight is in S&P 500 companies and 24% is outside the index. Holdings as of Nov 3, 2026.77%24%of its weight in S&P 500 companiesoutside the S&P 500active share 70% · top ten 62% of the fund · 50 holdings as published by its issuer for Nov 3, 2026 · Nasdaq-100: 77% in24% of its weight is outside the S&P 50077% of FAI's weight is in S&P 500 companies and 24% is outside the index. Holdings as of Nov 3, 2026.77%24%in the S&P 500outsideactive share 70% · Nasdaq-100: 77% in

77% of FAI's weight is in S&P 500 companies and 24% is outside the index. Holdings as of Nov 3, 2026.

Pair scorecard

FAI costs 0.23 points a year less; FAI is far larger, $245m against $5.0m.

Points (pts) are percentage points.

EPAI vs FAI: Holdings Overlap & Returns
MeasureEPAIFAI
Return
Total return, 1 yearnot published+19.9%
Drawdown
Below its all-time high25.1%, high on Jun 30, 202614.0%, high on Oct 6, 2026
Against its benchmark
What it tracksArtificial intelligenceArtificial intelligence
Against the S&P 500, 1 yearahead by 5.1 pts
Its benchmark, total return, 1 year+14.8%
Against its benchmark, 1 yearahead by 5.1 pts
Cost and size
Expense ratio0.88%0.65%
Net assets, as of Nov 3, 2026$5.0m$245m
Holdings
Holdings in common9%
ETFIQ S&P 500 Difference Score · EPAI scores higher How much of its weight does it not share with the S&P 500?
IQ Themes Score71.9EPAI16.2FAI

How different its holdings are from the S&P 500, ranked against 114 thematic ETFs with at least half their money in S&P 500 companies. 100 is best. How it is computed

0.4, the lowest in this set 99.6, the highest

Weight not shared with the S&P 500 only; it says nothing about returns, fees or whether the theme pays off. All thematic ETFs ranked by it →

Method

What they share

9%

By the books each fund has filed, EPAI and FAI hold 9% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Nov 3, 2026.

0 half 100%

half

9% in common

Positions both hold · largest shared weight first EPAI FAI
Taiwan Semiconductor Manufacturing Co Ltd 3.80% 4.08%
ASML Holding NV 3.68% 3.81%
Synopsys Inc 2.04% 0.72%
Monolithic Power Systems Inc 3.37% 0.52%
Only in one fund ↓
Only in EPAI
Applied Materials Inc 4.85%
Teradyne Inc 4.67%
Lam Research Corp 3.81%
Vertiv Holdings Co 3.60%
Flex Ltd 3.42%
FormFactor Inc 3.20%
Everus Construction Group Inc 3.03%
Entegris Inc 2.99%
Only in FAI
Microsoft Corporation 9.22%
Amazon.com, Inc. 9.12%
Broadcom Inc. 8.56%
NVIDIA Corporation 8.09%
Alphabet Inc. (Class A) 7.46%
Palantir Technologies Inc. (Class A) 4.25%
Meta Platforms, Inc. (Class A) 3.90%
Micron Technology, Inc. 3.64%
Check overlap with more funds →

Window by window

Window by window: EPAI vs FAI: Holdings Overlap & Returns
Total returnvs its benchmark
WindowEPAIFAIEPAIFAI
3 months−13.5%−5.9%not measured−5.8 pts vs VOO
6 months−17.3%+3.2%not measured−1.8 pts vs VOO
1 year–+19.9%–+5.1 pts vs VOO
Since launchNot the same days: EPAI Dec 2025 · FAI Nov 2024+20.3%+67.8%not measured+35.5 pts vs VOO

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

Side by side

EPAI Harbor AI Inflection Strategy ETF · Holds 37 stocks in artificial intelligence, 59% of its weight in S&P 500 companies FAI First Trust Bloomberg Artificial Intelligence ETF · Holds 50 stocks in artificial intelligence, 76% of its weight in S&P 500 companies
Issuer Harbor First Trust
Theme Artificial intelligence Artificial intelligence
In the S&P 500 59.2% 76.5%
Active share vs the S&P 500 95.6% 70.1%
In the Nasdaq-100 24.6% 77.3%
Holdings 37 50
Top ten, share of the fund 37.4% 62.1%
Expense ratio 0.88% 0.65%
Fee for the differing part 0.92% 0.93%
Total return, 1 year +20.3% (since launch, Dec 18, 2025) +19.9%
vs its benchmark not measured +5.1 pts vs VOO
Below its high −25.1% −14.0%
Net assets, as of Nov 3, 2026 $5.0m $245m

As of Nov 4, 2026. Source: ETFIQ.

9% of the two portfolios are the same securities at the same weight.

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About each fund
EPAI

By weight, 59% of EPAI's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 96%. The top ten holdings are 37% of the fund across 37 positions, as filed for Jul 31, 2026. Since it first traded on Dec 18, 2025 the fund returned +20.3% with distributions reinvested. It sits 25.1% below its all-time high of Jun 30, 2026.

FAI

By weight, 76% 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 50 positions, as published by its issuer for Nov 3, 2026. Over the year to Nov 4, 2026 the fund returned +19.9% with distributions reinvested against +14.8% for its benchmark, the S&P 500 Index, so a holder was ahead by 5.1 pts. It sits 14.0% below its all-time high of Oct 6, 2026.

Questions people ask

Do EPAI and FAI hold the same stocks?
By their latest filings, 9% 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, EPAI or FAI?
EPAI has 59% of its weight in S&P 500 names and FAI has 76%, so EPAI differs more from the index.
Which is cheaper, EPAI or FAI?
EPAI charges 0.88% a year and FAI charges 0.65%, so FAI is cheaper. Fees come from each fund's prospectus.
Other comparisons
EPAI vs AIEQEPAI vs AGIXEPAI vs LQAIEPAI vs KOIDFAI vs LQAIFAI vs AIEQFAI vs KOIDFAI vs THNQ
Where to next
EPAI on its own →FAI on its own →EPAI holdings →FAI dividend history →FAI holdings →Method →Standards and sources →
Sources and dates
EPAI filings on SEC EDGAR ↗
EPAI prospectus with the expense ratio (SEC) ↗
Harbor page for EPAI ↗
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

It is a place in a set, not a rating or a recommendation.

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, EPAI against FAI, data as of Nov 4, 2026. https://etfiq.com/compare/themes/epai-vs-fai

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