Data as of .
FAI vs XAIX: which is really different?
FAI and XAIX hold 38% of their weight in the same names, and XAIX returned more over the year.
ETFIQ Off-Index Score: XAIX 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
38% 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 XAIX hold 38% of their money in the same securities at the same weight.
| Holding | FAI | XAIX |
|---|---|---|
| Alphabet Inc. (Class A) | 7.23% | 4.00% |
| Micron Technology, Inc. | 3.88% | 9.03% |
| Amazon.com, Inc. | 7.78% | 3.86% |
| NVIDIA Corporation | 8.49% | 3.73% |
| Oracle Corporation | 3.92% | 3.55% |
| SK Hynix Inc. | 3.16% | 7.69% |
| Meta Platforms, Inc. (Class A) | 4.25% | 3.15% |
| Microsoft Corporation | 9.42% | 3.07% |
| Palantir Technologies Inc. (Class A) | 5.12% | 2.90% |
| CrowdStrike Holdings, Inc. (Class A) | 1.75% | 1.62% |
| Arista Networks, Inc. | 1.56% | 1.62% |
| Adobe Incorporated | 1.50% | 0.94% |
| Only in FAI | Only in XAIX |
|---|---|
| Broadcom Inc. 7.39% | SAMSUNG ELECTRONICS CO LTD 8.32% |
| Advanced Micro Devices, Inc. 4.02% | INTEL CORP 4.92% |
| Taiwan Semiconductor Manufacturing Company Ltd. 3.77% | CISCO SYSTEMS INC 4.13% |
| ASML Holding N.V. 3.31% | APPLE INC 3.78% |
| Marvell Technology, Inc. 3.19% | BANK OF AMERICA CORP 3.09% |
| ServiceNow, Inc. 2.09% | ALIBABA GROUP HOLDING LTD 2.79% |
| MediaTek Inc. 1.55% | DELL TECHNOLOGIES INC 2.62% |
| Space Exploration Technologies Corp. (Class A) 1.46% | INTERNATIONAL BUSINESS MACHINES CORP 2.42% |
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 May 31, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| FAI | XAIX | FAI | XAIX | FAI | XAIX | |
| 3 months | −0.5% | −1.3% | −2.7 pts | −3.6 pts | +2.0 pts | +1.1 pts |
| 6 months | +44.6% | +41.6% | +26.6 pts | +23.6 pts | +20.4 pts | +17.3 pts |
| 1 year | +38.0% | +39.6% | +21.4 pts | +23.0 pts | +16.2 pts | +17.8 pts |
| Since launch | +82.5% | +101.2% | +51.2 pts | +54.6 pts | +38.3 pts | +38.8 pts |
| FAI First Trust Bloomberg Artificial Intelligence ETF Holds 54 stocks in artificial intelligence, 77% of its weight in S&P 500 companies | XAIX Xtrackers Artificial Intelligence and Big Data ETF Holds 91 stocks in artificial intelligence, 71% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | First Trust | Xtrackers |
| Theme | Artificial intelligence | Artificial intelligence |
| In the S&P 500 | 76.9% | 70.6% |
| Active share vs the S&P 500 | 70.0% | 72.0% |
| In the Nasdaq-100 | 73.5% | 50.2% |
| Holdings | 54 | 91 |
| Top ten, share of the fund | 61.5% | 53.0% |
| Expense ratio | 0.65% | 0.35% |
| Fee for the differing part | 0.93% | 0.49% |
| Total return, 1 year | +38.0% | +39.6% |
| vs the S&P 500 | +21.4 pts | +23.0 pts |
| vs the Nasdaq-100 | +16.2 pts | +17.8 pts |
| Below its high | −4.8% | −4.9% |
| Net assets | $190m | $174m |
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.
XAIX in plain words
By weight, 71% of XAIX's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 72%. The top ten holdings are 53% of the fund across 91 positions, as filed for May 31, 2026. Over the year to Sep 18, 2026 the fund returned +39.6% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 23.0 pts.
Questions people ask
- Do FAI and XAIX hold the same stocks?
- By their latest filings, 38% 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 XAIX?
- FAI has 77% of its weight in S&P 500 names and XAIX has 71%, so XAIX differs more from the index.
- Which is cheaper, FAI or XAIX?
- FAI charges 0.65% a year and XAIX charges 0.35%, so XAIX 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 XAIX, data as of Sep 18, 2026. https://etfiq.com/compare/themes/fai-vs-xaix Free to use with attribution; the underlying files are at Open data.