FAIFirst Trust Bloomberg Artificial Intelligence ETF
Seeks investment results that correspond generally to the price and yield of the Bloomberg Artificial Intelligence Index.
By First Trust · Launched 2024
0.65%
#3,297 of 5,562 · average
$92M
#3,030 of 5,562 · mid-size
+65.0%
1 year
#3,952 of 5,562 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
Classification
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 10 holdings = 61.8% of fundconcentrated
Asset allocation
By sector
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Where to buy
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks investment results that correspond generally to the price and yield of the Bloomberg Artificial Intelligence Index.
- Strategy
- Invests primarily in securities that comprise the Bloomberg Artificial Intelligence Index using a full replication strategy. The Index tracks companies involved in AI solutions, selecting the top 50 based on revenue and theme assessments.
- Inception date
- November 20, 2024
- Fund family
- First Trust
Similar ETFs
Closest matches by profileOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Thematic ETF — launched after the rally
Thematic funds are typically launched after a theme has delivered its strong returns. Morningstar's 2024 Global Thematic Funds Landscape finds that only about 1 in 10 thematic funds have survived and beaten a broad global equity benchmark over the past 15 years — roughly 60% have been closed outright. The narrative is always compelling; the track record rarely is.
Source: Morningstar, 'Global Thematic Funds Landscape' (2024)
Why we flagged this: Narrow thematic name, launched in the last 3 years, $92M in assets (under our $500M threshold).
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-06-19