Data as of .
FAI vs KAIT: which is really different?
FAI and KAIT hold 3% of their weight in the same names.
ETFIQ Off-Index Score: KAIT 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
3% 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 KAIT hold 3% of their money in the same securities at the same weight.
| Holding | FAI | KAIT |
|---|---|---|
| SK Hynix Inc. | 3.16% | 5.67% |
| Only in FAI | Only in KAIT |
|---|---|
| Microsoft Corporation 9.42% | TAIWAN SEMICONDUCTOR MANUFAC 6.16% |
| NVIDIA Corporation 8.49% | SAMSUNG ELECTRONICS CO LTD 4.96% |
| Amazon.com, Inc. 7.78% | ASIA VITAL COMPONENTS 4.30% |
| Broadcom Inc. 7.39% | ADVANTEST CORP 4.05% |
| Alphabet Inc. (Class A) 7.23% | AURAS TECHNOLOGY CO LTD 3.71% |
| Palantir Technologies Inc. (Class A) 5.12% | LAND MARK OPTOELECTRONICS 3.61% |
| Meta Platforms, Inc. (Class A) 4.25% | HANMI SEMICONDUCTOR CO LTD 3.01% |
| Advanced Micro Devices, Inc. 4.02% | TOKYO ELECTRON LTD 2.68% |
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 | |||
|---|---|---|---|---|---|---|
| FAI | KAIT | FAI | KAIT | FAI | KAIT | |
| 3 months | −0.5% | not published | −2.7 pts | not published | +2.0 pts | not published |
| 6 months | +44.6% | not published | +26.6 pts | not published | +20.4 pts | not published |
| 1 year | +38.0% | not published | +21.4 pts | not published | +16.2 pts | not published |
| Since launch | +82.5% | +3.8% | +51.2 pts | +4.5 pts | +38.3 pts | +3.1 pts |
| FAI First Trust Bloomberg Artificial Intelligence ETF Holds 54 stocks in artificial intelligence, 77% of its weight in S&P 500 companies | KAIT KraneShares Asia AI Technology ETF Holds 52 stocks in artificial intelligence, 0% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | First Trust | KraneShares |
| Theme | Artificial intelligence | Artificial intelligence |
| In the S&P 500 | 76.9% | 0.0% |
| Active share vs the S&P 500 | 70.0% | 100.0% |
| In the Nasdaq-100 | 73.5% | 0.0% |
| Holdings | 54 | 52 |
| Top ten, share of the fund | 61.5% | 40.6% |
| Expense ratio | 0.65% | not published |
| Fee for the differing part | 0.93% | not published |
| Total return, 1 year | +38.0% | +3.8% (since launch on Aug 19, 2026) |
| vs the S&P 500 | +21.4 pts | +4.5 pts |
| vs the Nasdaq-100 | +16.2 pts | +3.1 pts |
| Below its high | −4.8% | −1.1% |
| Net assets | $190m | $5m |
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.
KAIT in plain words
By weight, 0% of KAIT'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 41% of the fund across 52 positions, as published by its issuer for Sep 18, 2026. Since it launched on Aug 19, 2026 the fund returned +3.8% with distributions reinvested against −0.7% for the S&P 500, so a holder was ahead by 4.5 pts.
Questions people ask
- Do FAI and KAIT hold the same stocks?
- By their latest filings, 3% 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, FAI or KAIT?
- FAI has 77% of its weight in S&P 500 names and KAIT has 0%, so KAIT differs more from the index.
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 KAIT, data as of Sep 18, 2026. https://etfiq.com/compare/themes/fai-vs-kait Free to use with attribution; the underlying files are at Open data.