Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

FAI vs THNQ: which is really different?

FAI and THNQ hold 28% of their weight in the same names, and THNQ returned more over the year.

First Trust Bloomberg Artificial Intelligence ETF and ROBO Global(R) Artificial Intelligence ETF.

76.9%FAI in the S&P 500
43.9%THNQ in the S&P 500
+38.0%FAI total return, 1 year
+42.4%THNQ total return, 1 year

ETFIQ Off-Index Score: THNQ scores higher

How much of it is not the index it is sold as an alternative to?

FAI 4.7THNQ 15.30.1, the lowest in this set91.8, the highest

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

FAI23% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
77%23%of its weight in S&P 500 companiesoutside the S&P 500active share 70% · top ten 62% of the fund · 54 holdings filed Sep 18, 2026 · Nasdaq-100: 74% in77%23%in the S&P 500outsideactive share 70% · top ten 62% of the fund
THNQ56% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
44%56%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 83% · top ten 28% of the fund · 53 holdings filed Apr 30, 2026 · Nasdaq-100: 39% in44%56%in the S&P 500outside the S&P 500active share 83% · top ten 28% of the fund

28% 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 THNQ hold 28% of their money in the same securities at the same weight.

Positions FAI and THNQ both hold, largest shared weight first
HoldingFAITHNQ
Advanced Micro Devices, Inc.4.02%3.46%
Amazon.com, Inc.7.78%2.38%
NVIDIA Corporation8.49%2.04%
ASML Holding N.V.3.31%1.98%
Microsoft Corporation9.42%1.65%
Arista Networks, Inc.1.56%2.21%
MediaTek Inc.1.55%2.54%
QUALCOMM Incorporated1.42%2.25%
Nebius Group N.V.0.70%2.94%
Astera Labs, Inc.0.68%2.71%
Super Micro Computer, Inc.0.33%1.31%
MongoDB, Inc.0.25%1.44%
Only in each
Only in FAIOnly in THNQ
Broadcom Inc. 7.39%Global Unichip Corp 2.92%
Alphabet Inc. (Class A) 7.23%LUMENTUM HOLDINGS INC. 2.84%
Palantir Technologies Inc. (Class A) 5.12%Infineon Technologies AG 2.67%
Meta Platforms, Inc. (Class A) 4.25%Credo Technology Group Holding Ltd 2.62%
Oracle Corporation 3.92%ALPHABET INC. 2.60%
Micron Technology, Inc. 3.88%ANALOG DEVICES, INC. 2.42%
Taiwan Semiconductor Manufacturing Company Ltd. 3.77%IONQ Inc 2.19%
Marvell Technology, Inc. 3.19%LAM RESEARCH CORPORATION 2.17%

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

FAI and THNQ over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
FAITHNQFAITHNQFAITHNQ
3 months−0.5%+2.8%−2.7 pts+0.6 pts+2.0 pts+5.3 pts
6 months+44.6%+54.1%+26.6 pts+36.1 pts+20.4 pts+29.9 pts
1 year+38.0%+42.4%+21.4 pts+25.8 pts+16.2 pts+20.6 pts
3 yearsnot published+165.2%not published+86.8 ptsnot published+67.0 pts
Since launch+82.5%+264.4%+51.2 pts+79.6 pts+38.3 pts+34.3 pts
Open the live comparison on ETFIQ
FAI and THNQ on the same fields, as of Sep 18, 2026. Source: ETFIQ.
FAI
First Trust Bloomberg Artificial Intelligence ETF
Holds 54 stocks in artificial intelligence, 77% of its weight in S&P 500 companies
THNQ
ROBO Global(R) Artificial Intelligence ETF
Holds 53 stocks in artificial intelligence, 44% of its weight in S&P 500 companies
IssuerFirst TrustROBO Global
ThemeArtificial intelligenceArtificial intelligence
In the S&P 50076.9%43.9%
Active share vs the S&P 50070.0%83.1%
In the Nasdaq-10073.5%38.5%
Holdings5453
Top ten, share of the fund61.5%27.8%
Expense ratio0.65%0.68%
Fee for the differing part0.93%0.82%
Total return, 1 year+38.0%+42.4%
vs the S&P 500+21.4 pts+25.8 pts
vs the Nasdaq-100+16.2 pts+20.6 pts
Below its high−4.8%−2.5%
Net assets$190m$322m

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.

THNQ in plain words

By weight, 44% of THNQ's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 83%. The top ten holdings are 28% of the fund across 53 positions, as filed for Apr 30, 2026. Over the year to Sep 18, 2026 the fund returned +42.4% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 25.8 pts.

Questions people ask

Do FAI and THNQ hold the same stocks?
By their latest filings, 28% 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 THNQ?
FAI has 77% of its weight in S&P 500 names and THNQ has 44%, so THNQ differs more from the index.
Which is cheaper, FAI or THNQ?
FAI charges 0.65% a year and THNQ charges 0.68%, 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.

FAI against THNQ, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, FAI against THNQ, data as of Sep 18, 2026. https://etfiq.com/compare/themes/fai-vs-thnq Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources