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FAI vs QTEC

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

FAI

First Trust Bloomberg Artificial Intelligence ETF

First Trust

Annual cost

0.65%

Fund size

$48M

QTEC

First Trust NASDAQ-100-Technology Sector Index Fund

First Trust

Annual cost

0.55%

Fund size

$3.1B

Key differences

  • QTEC costs 0.10% less per year.
  • QTEC is significantly larger than FAI — larger funds tend to be more liquid and less likely to close.
  • QTEC has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FAIQTEC
Annual cost (TER)0.65%0.55%
Fund size (AUM)$48M$3.1B
Since20242006
Dividend yield0.00%0.00%
Asset classequityequity
Regionnorth america
Strategyindex trackingindex tracking
CAGR 1Y+65.1%+57.1%
CAGR 3YN/A+33.3%
CAGR 5YN/A+16.9%
Sharpe 3YN/A1.10
Volatility 1Y23.89%22.59%
Max drawdown-27.82%-45.54%

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

Similar to FAI and QTEC