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FAI vs QQXT

First Trust Bloomberg Artificial Intelligence ETF vs First Trust NASDAQ-100 Ex-Technology Sector Index Fund

FAI

First Trust Bloomberg Artificial Intelligence ETF

First Trust

Annual cost

0.65%

Fund size

$48M

QQXT

First Trust NASDAQ-100 Ex-Technology Sector Index Fund

First Trust

Annual cost

0.57%

Fund size

$179M

Key differences

  • QQXT costs 0.08% less per year.
  • QQXT is significantly larger than FAI — larger funds tend to be more liquid and less likely to close.
  • QQXT has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FAIQQXT
Annual cost (TER)0.65%0.57%
Fund size (AUM)$48M$179M
Since20242007
Dividend yield0.00%1.21%
Asset classequityequity
Regionnorth america
Strategyindex trackingindex tracking
CAGR 1Y+65.1%+2.1%
CAGR 3YN/A+8.1%
CAGR 5YN/A+4.8%
Sharpe 3YN/A0.38
Volatility 1Y23.89%10.94%
Max drawdown-27.82%-30.40%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to FAI and QQXT