Do FAI and LQAI hold the same stocks?

By their latest filings, 24% 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, FAI or LQAI?

FAI has 76% of its weight in S&P 500 names and LQAI has 93%, so FAI differs more from the index.

Which is cheaper, FAI or LQAI?

FAI charges 0.65% a year and LQAI charges 0.75%, so FAI is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Thematic ETFs

FAI vs LQAI: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, FAI returned +19.9% to LQAI's +13.0%; 24% of their weight is in the same names.

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Net assets: $245m on Nov 3, 2026 for First Trust Bloomberg Artificial Intelligence ETF, and $2.2m on Jul 31, 2026 for LG QRAFT AI-Powered U.S. Large Cap Core ETF.

FAI on its own →LQAI on its own →

At a glance

76.5%

FAI in the S&P 500

92.9%

LQAI in the S&P 500

+19.9%

FAI total return, 1 year

+13.0%

LQAI total return, 1 year

FAI · 1 year to Nov 4, 2026 24% of its weight is outside the S&P 500

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

LQAI · 1 year to Nov 4, 2026 7% of its weight is outside the S&P 500

93% of LQAI's weight is in S&P 500 companies and 7% is outside the index. Holdings as of Jul 31, 2026.

Pair scorecard

FAI costs 0.10 points a year less; their one-year returns differ by 6.9 points.

Points (pts) are percentage points.

FAI vs LQAI: Holdings Overlap & Returns
Measure	FAI	LQAI
Return
Measure	FAI	LQAI
Total return, 1 year	+19.9%	+13.0%
Drawdown
Measure	FAI	LQAI
Below its all-time high	14.0%, high on Oct 6, 2026	6.2%, high on Jun 30, 2026
Against its benchmark
Measure	FAI	LQAI
What it tracks	Artificial intelligence	Artificial intelligence
Against the S&P 500, 1 year	ahead by 5.1 pts
Its benchmark, total return, 1 year	+14.8%
Against its benchmark, 1 year	ahead by 5.1 pts
Cost and size
Measure	FAI	LQAI
Expense ratio	0.65%	0.75%
Net assets, FAI as of Nov 3, 2026 and LQAI as of Jul 31, 2026	$245m	$2.2m
Holdings
Measure	FAI	LQAI
Holdings in common	24%

ETFIQ S&P 500 Difference Score · FAI scores higher How much of its weight does it not share with the S&P 500?

IQ Themes Score16.2FAI6.6LQAI

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

FAI 16.2

LQAI 6.6

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

24%

By the books each fund has filed, FAI and LQAI hold 24% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Nov 3, 2026.

50%

0 half 100%

half

24% in common

Positions both hold · largest shared weight first FAI LQAI

NVIDIA Corporation 8.09% 5.27%

Microsoft Corporation 9.22% 4.79%

Amazon.com, Inc. 9.12% 4.35%

Micron Technology, Inc. 3.64% 5.37%

Advanced Micro Devices, Inc. 3.49% 3.60%

Marvell Technology, Inc. 2.46% 1.55%

Alphabet Inc. (Class A) 7.46% 0.32%

Broadcom Inc. 8.56% 0.32%

Meta Platforms, Inc. (Class A) 3.90% 0.25%

Palantir Technologies Inc. (Class A) 4.25% 0.14%

Oracle Corporation 3.55% 0.10%

Only in one fund ↓

Only in FAI

Taiwan Semiconductor Manufacturing Company Ltd. 4.08%

ASML Holding N.V. 3.81%

SK Hynix Inc. 3.49%

CrowdStrike Holdings, Inc. (Class A) 1.99%

ServiceNow, Inc. 1.85%

Adobe Incorporated 1.60%

Snowflake Inc. (Class A) 1.59%

Space Exploration Technologies Corp. (Class A) 1.48%

Only in LQAI

APPLE INC 4.09%

SANDISK CORP 3.39%

TESLA INC 3.22%

INTEL CORP 2.96%

JP MORGAN CHASE & COMPANY 2.57%

WARNER BROS. DISCOVERY INC 2.27%

FORD MOTOR CO 1.98%

KINDER MORGAN INC 1.88%

Check overlap with more funds →

Window by window

Window by window: FAI vs LQAI: Holdings Overlap & Returns
	Total return		vs its benchmark
Window	FAI	LQAI	FAI	LQAI
3 months	−5.9%	−1.1%	−5.8 pts vs VOO	not measured
6 months	+3.2%	+2.7%	−1.8 pts vs VOO	not measured
1 year	+19.9%	+13.0%	+5.1 pts vs VOO	not measured
Since launchNot the same days: FAI Nov 2024 · LQAI Nov 2023	+67.8%	+84.0%	+35.5 pts vs VOO	not measured

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Side by side

FAI First Trust Bloomberg Artificial Intelligence ETF · Holds 50 stocks in artificial intelligence, 76% of its weight in S&P 500 companies LQAI LG QRAFT AI-Powered U.S. Large Cap Core ETF · Holds 100 stocks in artificial intelligence, 93% of its weight in S&P 500 companies

Issuer First Trust Qraft

Theme Artificial intelligence Artificial intelligence

In the S&P 500 76.5% 92.9%

Active share vs the S&P 500 70.1% 64.9%

In the Nasdaq-100 77.3% 52.9%

Holdings 50 100

Top ten, share of the fund 62.1% 39.6%

Expense ratio 0.65% 0.75%

Fee for the differing part 0.93% 1.16%

Total return, 1 year +19.9% +13.0%

vs its benchmark +5.1 pts vs VOO not measured

Below its high −14.0% −6.2%

Net assets, FAI as of Nov 3, 2026 and LQAI as of Jul 31, 2026 $245m $2.2m

As of Nov 4, 2026. Source: ETFIQ.

24% of the two portfolios are the same securities at the same weight.

Alert

About each fund

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.

LQAI

By weight, 93% of LQAI's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 65%. The top ten holdings are 40% of the fund across 100 positions, as filed for Jul 31, 2026. Over the year to Nov 4, 2026 the fund returned +13.0% with distributions reinvested. It sits 6.2% below its all-time high of Jun 30, 2026.

Questions people ask

Do FAI and LQAI hold the same stocks?: By their latest filings, 24% 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, FAI or LQAI?: FAI has 76% of its weight in S&P 500 names and LQAI has 93%, so FAI differs more from the index.
Which is cheaper, FAI or LQAI?: FAI charges 0.65% a year and LQAI charges 0.75%, so FAI is cheaper. Fees come from each fund's prospectus.

Other comparisons

FAI vs KAIT FAI vs AIX FAI vs AGIQ FAI vs HLTH LQAI vs KOID LQAI vs AIFD LQAI vs AIEQ LQAI vs AGIX

Where to next

FAI on its own →LQAI on its own →FAI dividend history →FAI holdings →LQAI dividend history →LQAI holdings →Method →Standards and sources →

Sources and dates

FAI filings on SEC EDGAR ↗

FAI prospectus with the expense ratio (SEC) ↗

First Trust page for FAI ↗

LQAI filings on SEC EDGAR ↗

LQAI prospectus with the expense ratio (SEC) ↗

Qraft website ↗

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.

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

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