Data as of Nov 4, 2026.
FAI vs XAIX: Holdings Overlap & Returns
Over the year to Nov 4, 2026, FAI returned +19.9% to XAIX's +25.0%; 49% 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 $147m on Nov 2, 2026 for Xtrackers Artificial Intelligence and Big Data ETF.
77% of FAI's weight is in S&P 500 companies and 24% is outside the index. Holdings as of Nov 3, 2026.
79% of XAIX's weight is in S&P 500 companies and 21% is outside the index. Holdings as of Aug 31, 2026.
Pair scorecard
XAIX costs 0.30 points a year less; their one-year returns differ by 5.1 points; FAI is 1.6 times larger.
Points (pts) are percentage points.
| Measure | FAI | XAIX |
|---|---|---|
| Return | ||
| Total return, 1 year | +19.9% | +25.0% |
| Drawdown | ||
| Below its all-time high | 14.0%, high on Oct 6, 2026 | 11.3%, high on Jun 2, 2026 |
| Against its benchmark | ||
| What it tracks | Artificial intelligence | Artificial intelligence |
| Its benchmark, total return, 1 year | +14.8% | +15.0% |
| Against its benchmark, 1 year | ahead by 5.1 pts | ahead by 10.0 pts |
| Cost and size | ||
| Expense ratio | 0.65% | 0.35% |
| Net assets, as of Nov 2, 2026 | $242m | $147m |
| Active share vs the S&P 500 | 70% | 66% |
| Holdings | ||
| Holdings in common | 49% | |
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
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 →
Risk and return
Nov 29, 2024 to Oct 30, 2026 · 100 weekly returnsEach against its own benchmark: FAI against VOO, Nov 29, 2024 to Oct 30, 2026; XAIX against ACWI, Aug 9, 2024 to Oct 30, 2026.
From Nov 2024 to Oct 2026, FAI returned more: +68.5% to +59.6%. XAIX swung less: 24.5% to 28.5%. XAIX fell less at its worst: −21.8% to −26.7%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | FAI | XAIX | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +68.5% | +59.6% | FAI | Price change plus distributions, reinvested. |
| Annualized | +31.2% | +27.5% | FAI | Total return as a yearly rate. |
| Price return | +68.4% | +58.3% | FAI | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 28.5% | 24.5% | XAIX | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 18.0% | 15.6% | XAIX | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −26.7% | −21.8% | XAIX | Deepest fall from a high to the low after it. |
| Upside capture | 290.5% | 198.7% | Share of its benchmark's rise caught in the weeks it rose. | |
| Downside capture | 141.1% | 126.8% | Share of its benchmark's fall taken in the weeks it fell. Lower is better. | |
| Beta | 1.68 | 1.44 | Not an edge | How far it moves for each 1% its benchmark moves. |
| R squared | 0.75 | 0.74 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | ||||
| Sharpe | 0.95 | 0.95 | Tie | Return above Treasury bills per unit of volatility. |
| Sortino | 1.51 | 1.49 | Tie | Return above Treasury bills per unit of downside deviation. |
| Treynor | 0.162 | 0.186 | Return above Treasury bills per unit of beta. | |
| Calmar | 1.17 | 1.26 | XAIX (slight) | Annualized return divided by the max drawdown. |
| Against the benchmark | ||||
| Benchmark | VOO | ACWI | The ETF each fund is measured against. | |
| Alpha | +10.1% a year | +7.0% a year | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | 0.97 | 0.84 | Not an edge | How sure the alpha is. Below 2, it could be chance. |
| Alpha range | −10.6% to +30.8% | −9.4% to +23.4% | Includes zero | The 95% range for the yearly alpha. |
| Information ratio | 0.98 | 0.95 | Return against its benchmark per unit of tracking error. | |
| Tracking error | 17.5% | 13.7% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 100 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, FAI and XAIX hold 49% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Nov 3, 2026.
half
49% in common
Only in one fund ↓
Window by window
| Total return | vs its benchmark | |||
|---|---|---|---|---|
| Window | FAI | XAIX | FAI | XAIX |
| 3 months | −5.9% | −3.6% | −5.8 pts vs VOO | −2.3 pts vs ACWI |
| 6 months | +3.2% | +5.4% | −1.8 pts vs VOO | +2.8 pts vs ACWI |
| 1 year | +19.9% | +25.0% | +5.1 pts vs VOO | +10.0 pts vs ACWI |
| Since launchNot the same days: FAI Nov 2024 · XAIX Aug 2024 | +67.8% | +87.7% | +35.5 pts vs VOO | +39.2 pts vs ACWI |
Side by side
As of Nov 4, 2026. Source: ETFIQ.
49% of the two portfolios are the same securities at the same weight.
Client brief:
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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.
XAIX
By weight, 79% of XAIX's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 66%. The top ten holdings are 44% of the fund across 101 positions, as filed for Aug 31, 2026. Over the year to Nov 4, 2026 the fund returned +25.0% with distributions reinvested against +15.0% for its benchmark, the MSCI ACWI Index, so a holder was ahead by 10.0 pts. It sits 11.3% below its all-time high of Jun 2, 2026.
Questions people ask
- Do FAI and XAIX hold the same stocks?
- By their latest filings, 49% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
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 XAIX, data as of Nov 4, 2026. https://etfiq.com/compare/themes/fai-vs-xaix
ETFIQ. (Nov 4, 2026). FAI against XAIX. Retrieved from https://etfiq.com/compare/themes/fai-vs-xaix
[FAI against XAIX (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/themes/fai-vs-xaix)
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