FAI vs FEPI
First Trust Bloomberg Artificial Intelligence ETF against REX FANG & Innovation Equity Premium Income ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
53%
10 shared positions
Fee gap
0 bp
same fee
1-year return gap
46.6 pts
FAI is ahead
Larger fund
FEPI
$647M
Side by side
| FAI | FEPI | |
|---|---|---|
| Fund | First Trust Bloomberg Artificial Intelligence ETF | REX FANG & Innovation Equity Premium Income ETF |
| Issuer | First Trust | REX Shares |
| Category | AI & Robotics | Covered Call |
| Expense ratio | 0.65% | 0.65% |
| Assets | $258M | $647M |
| Average daily dollar volume | $4.3M | $9.5M |
| Listed | Nov 20, 2024 | Oct 11, 2023 |
| FrenzyCap score | 43 | 63 |
| 1-month return | −3.7% | −4.6% |
| 3-month return | +11.3% | +2.9% |
| Year to date | +34.3% | −8.8% |
| 1-year return | +33.0% | −13.5% |
| 30-day volatility | 26.0% | 17.0% |
| Worst drawdown, 1 year | −18.8% | −23.3% |
| Trailing 12-month yield | — | 26.83% |
| Holdings | 55 | 76 |
| Top 10 weight | 61.9% | 70.7% |
| Look-through P/E | 30.1 | 31.1 |
| Holdings vs fair value | +0.9% | +2.5% |
| Holdings above 200-day average | 72% | 68% |
| Net flow, latest 3 reported months | +$41M thru Jun 2026 | +$49M thru Jul 2026 |
| 30-day implied volatility | — | 17.4% |
| Holdings as of | as of Oct 20, 2026issuer data | as of Oct 13, 2026third-party data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
61% of FAI · 70% of FEPI
Sector mix of the stock holdings
| Sector | FAI | FEPI | Gap |
|---|---|---|---|
| Technology | 76.3% | 83.4% | −7.0% |
| Consumer Discretionary | 8.9% | 13.5% | −4.6% |
| Communication Services | 0.0% | 5.8% | −5.8% |
More: full overlap table · FAI holdings · FEPI holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.