FAI vs WISE
First Trust Bloomberg Artificial Intelligence ETF against Themes Generative Artificial Intelligence ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
27%
12 shared positions
Fee gap
30 bp
WISE is cheaper
1-year return gap
61.5 pts
FAI is ahead
Larger fund
FAI
$258M
Side by side
| FAI | WISE | |
|---|---|---|
| Fund | First Trust Bloomberg Artificial Intelligence ETF | Themes Generative Artificial Intelligence ETF |
| Issuer | First Trust | Themes |
| Category | AI & Robotics | AI & Robotics |
| Expense ratio | 0.65% | 0.35% |
| Assets | $258M | $34M |
| Average daily dollar volume | $4.3M | $142K |
| Listed | Nov 20, 2024 | Dec 7, 2023 |
| FrenzyCap score | 43 | 45 |
| 1-month return | −3.7% | −10.0% |
| 3-month return | +11.3% | −3.9% |
| Year to date | +34.3% | −16.3% |
| 1-year return | +33.0% | −28.5% |
| 30-day volatility | 26.0% | 29.5% |
| Worst drawdown, 1 year | −18.8% | −36.1% |
| Trailing 12-month yield | — | 4.93% |
| Holdings | 55 | 42 |
| Top 10 weight | 61.9% | 51.4% |
| Look-through P/E | 30.1 | — |
| Holdings vs fair value | +0.9% | +12.8% |
| Holdings above 200-day average | 72% | 53% |
| Net flow, latest 3 reported months | +$41M thru Jun 2026 | −$2.9M thru Jun 2026 |
| 30-day implied volatility | — | 42.8% |
| Holdings as of | as of Oct 20, 2026issuer data | as of Jun 30, 2026SEC filing |
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
49% of FAI · 42% of WISE
Sector mix of the stock holdings
| Sector | FAI | WISE | Gap |
|---|---|---|---|
| Technology | 76.3% | 66.8% | +9.5% |
| Consumer Discretionary | 8.9% | 3.7% | +5.2% |
| Industrials | 0.0% | 5.3% | −5.3% |
| Health Care | 0.0% | 0.8% | −0.8% |
More: full overlap table · FAI holdings · WISE 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.