- Issuer
- First Trust
- Inception Date
- Nov 20, 2024
- Category
- Technology Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- Bloomberg Artificial Intelligence Index
- Distribution Policy
- Accumulating
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
Share Price Chart
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Performance
FAI Performance Chart
First Trust Bloomberg Artificial Intelligence ETF (FAI) is up 34.1% since the beginning of the year. FAI is currently trading at $55 per share.
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Returns By Period
First Trust Bloomberg Artificial Intelligence ETF (FAI) has returned 34.05% so far this year and 66.20% over the past 12 months.
First Trust Bloomberg Artificial Intelligence ETF
- 1D
- -0.48%
- 1M
- 7.16%
- YTD
- 34.05%
- 6M
- 33.89%
- 1Y
- 66.20%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
FAI Monthly Returns History
Based on dividend-adjusted daily data since Nov 21, 2024, FAI's average daily return is +0.17%, while the average monthly return is +3.42%. At this rate, an investment would double in approximately 1.7 years.
Historically, 60% of months were positive and 40% were negative. The best month was Apr 2026 with a return of +23.4%, while the worst month was Mar 2025 at -9.7%. The longest winning streak lasted 4 consecutive months, and the longest losing streak was 2 months.
On a daily basis, FAI closed higher 59% of trading days. The best single day was Apr 9, 2025 with a return of +14.4%, while the worst single day was Jun 5, 2026 at -7.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.27% | -5.83% | -5.03% | 23.35% | 21.49% | -1.23% | 34.05% | ||||||
| 2025 | 3.74% | -6.55% | -9.70% | 3.97% | 13.16% | 11.05% | 5.67% | -1.38% | 7.65% | 9.88% | -5.34% | -0.06% | 33.37% |
| 2024 | 0.86% | 1.41% | 2.28% |
Benchmark Metrics
First Trust Bloomberg Artificial Intelligence ETF has an annualized alpha of 18.77%, beta of 1.60, and R2 of 0.78 versus S&P 500 Index. Calculated based on daily prices since November 21, 2024.
- This ETF captured 257.62% of S&P 500 Index gains and 127.02% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- This ETF generated an annualized alpha of 18.77% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 1.60 means this ETF moves significantly more than S&P 500 Index - expect amplified gains in rallies and amplified losses in downturns.
- Alpha
- 18.77%
- Beta
- 1.60
- R²
- 0.78
- Upside Capture
- 257.62%
- Downside Capture
- 127.02%
Expense Ratio
FAI has an expense ratio of 0.65%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FAI ranks 70 for risk / return — better than 70% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for First Trust Bloomberg Artificial Intelligence ETF (FAI) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FAI | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.44 | ||
| Sortino ratioReturn per unit of downside risk | +0.21 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.37 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.53 | 2.78 | +0.75 |
| Martin ratioReturn relative to average drawdown | 11.01 | 12.44 | -1.43 |
Dividends
Dividend History
First Trust Bloomberg Artificial Intelligence ETF provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2025 | 2024 |
|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.01 |
Dividend yield | 0.00% | 0.00% | 0.04% |
Monthly Dividends
The table displays the monthly dividend distributions for First Trust Bloomberg Artificial Intelligence ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2024 | $0.01 | $0.01 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the First Trust Bloomberg Artificial Intelligence ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the First Trust Bloomberg Artificial Intelligence ETF was 27.82%, occurring on Apr 8, 2025. Recovery took 42 trading sessions.
The current First Trust Bloomberg Artificial Intelligence ETF drawdown is 4.79%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -27.82%Apr 2025 | 1mo 18d | 2mo 2d | 3mo 20dFeb 2025 - Jun 2025 |
2026 correction2026 | -18.84%Mar 2026 | 5mo 1d | 18d | 5mo 19dOct 2025 - Apr 2026 |
2026 correction2026 | -12.35%Jun 2026 | 7d | — | 20d 5hJun 2026 - now |
2025 pullback2025 | -6.03%Jan 2025 | 27d | 9d | 1mo 6dDec 2024 - Jan 2025 |
2025 pullback2025 | -5.86%Jan 2025 | 3d | 22d | 25dJan 2025 - Feb 2025 |
Drawdown Indicators
| FAI | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.82% | -56.78% | +28.96% |
Max Drawdown (1Y)Largest decline over 1 year | -18.84% | -9.10% | -9.74% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -4.79% | -1.80% | -2.99% |
Average DrawdownAverage peak-to-trough decline | -5.36% | -10.71% | +5.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.03% | 2.03% | +4.00% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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