Data as of .
FAI vs JHAI: which is really different?
FAI and JHAI hold 39% of their weight in the same names, and FAI returned more over the year.
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
39% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, FAI and JHAI hold 39% of their money in the same securities at the same weight.
| Holding | FAI | JHAI |
|---|---|---|
| Broadcom Inc. | 7.39% | 6.48% |
| Amazon.com, Inc. | 7.78% | 5.09% |
| Micron Technology, Inc. | 3.88% | 3.71% |
| ASML Holding N.V. | 3.31% | 2.52% |
| Arista Networks, Inc. | 1.56% | 0.94% |
| Nebius Group N.V. | 0.70% | 2.05% |
| Intuit Inc. | 0.61% | 1.11% |
| Cadence Design Systems, Inc. | 0.58% | 1.03% |
| Only in FAI | Only in JHAI |
|---|---|
| Microsoft Corporation 9.42% | Taiwan Semiconductor Manufacturing Co. L 16.38% |
| NVIDIA Corporation 8.49% | NVIDIA Corp. 14.16% |
| Alphabet Inc. (Class A) 7.23% | Alphabet, Inc. 4.73% |
| Palantir Technologies Inc. (Class A) 5.12% | Lam Research Corp. 4.05% |
| Meta Platforms, Inc. (Class A) 4.25% | Microsoft Corp. 3.42% |
| Advanced Micro Devices, Inc. 4.02% | KLA Corp. 3.01% |
| Oracle Corporation 3.92% | Lumentum Holdings, Inc. 2.22% |
| Taiwan Semiconductor Manufacturing Company Ltd. 3.77% | Vertiv Holdings Co. 2.07% |
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 Apr 30, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| FAI | JHAI | FAI | JHAI | FAI | JHAI | |
| 3 months | −0.5% | −6.7% | −2.7 pts | −8.9 pts | +2.0 pts | −4.2 pts |
| 6 months | +44.6% | +31.2% | +26.6 pts | +13.2 pts | +20.4 pts | +7.0 pts |
| 1 year | +38.0% | +27.2% | +21.4 pts | +10.7 pts | +16.2 pts | +5.5 pts |
| Since launch | +82.5% | +38.2% | +51.2 pts | +17.2 pts | +38.3 pts | +10.1 pts |
| FAI First Trust Bloomberg Artificial Intelligence ETF Holds 54 stocks in artificial intelligence, 77% of its weight in S&P 500 companies | JHAI Janus Henderson Global Artificial Intelligence ETF Holds 46 stocks in artificial intelligence, 72% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | First Trust | Janus Henderson |
| Theme | Artificial intelligence | Artificial intelligence |
| In the S&P 500 | 76.9% | 71.8% |
| Active share vs the S&P 500 | 70.0% | 70.0% |
| In the Nasdaq-100 | 73.5% | 61.6% |
| Holdings | 54 | 46 |
| Top ten, share of the fund | 61.5% | 63.6% |
| Expense ratio | 0.65% | 0.59% |
| Fee for the differing part | 0.93% | 0.84% |
| Total return, 1 year | +38.0% | +27.2% |
| vs the S&P 500 | +21.4 pts | +10.7 pts |
| vs the Nasdaq-100 | +16.2 pts | +5.5 pts |
| Below its high | −4.8% | −7.4% |
| Net assets | $190m | $21m |
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.
JHAI in plain words
By weight, 72% of JHAI'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 64% of the fund across 46 positions, as filed for Apr 30, 2026. Over the year to Sep 18, 2026 the fund returned +27.2% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 10.7 pts. It sits 7.4% below its all-time high of Jun 30, 2026.
Questions people ask
- Do FAI and JHAI hold the same stocks?
- By their latest filings, 39% 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, FAI or JHAI?
- FAI has 77% of its weight in S&P 500 names and JHAI has 72%, so FAI differs more from the index.
- Which is cheaper, FAI or JHAI?
- FAI charges 0.65% a year and JHAI charges 0.59%, so JHAI 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, FAI against JHAI, data as of Sep 18, 2026. https://etfiq.com/compare/themes/fai-vs-jhai Free to use with attribution; the underlying files are at Open data.