AIS vs. FDL
AIS (VistaShares Artificial Intelligence Supercycle ETF) and FDL (First Trust Morningstar Dividend Leaders Index Fund) are both exchange-traded funds - AIS is a Artificial Intelligence fund actively managed by VistaShares, while FDL is a Large Cap Value Equities fund tracking the Morningstar Dividend Leaders Index. AIS is actively managed, while FDL is passively managed. Over the past year, AIS returned 135.01% vs 26.71% for FDL. Their -0.04 correlation means they have often moved in opposite directions in the past. AIS charges 0.75%/yr vs 0.43%/yr for FDL.
Performance
AIS vs. FDL - Performance Comparison
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Returns By Period
In the year-to-date period, AIS achieves a 81.55% return, which is significantly higher than FDL's 18.60% return.
AIS
- 1D
- -1.82%
- 1M
- -11.03%
- 6M
- 66.96%
- YTD
- 81.55%
- 1Y
- 135.01%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 82.79%
FDL
- 1D
- -0.54%
- 1M
- 4.47%
- 6M
- 5.75%
- YTD
- 18.60%
- 1Y
- 26.71%
- 3Y*
- 19.02%
- 5Y*
- 13.96%
- 10Y*
- 11.08%
- ALL TIME*
- 8.95%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $42.81M | $40.39M | $52.13M | |
| $48.97M | $49.30M | $42.41M |
AIS vs. FDL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
AIS VistaShares Artificial Intelligence Supercycle ETF | 81.55% | 58.35% | -4.74% |
FDL First Trust Morningstar Dividend Leaders Index Fund | 18.60% | 14.79% | -5.65% |
Correlation
The correlation between AIS and FDL is -0.23, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.23 |
Correlation (All Time) Calculated using the full available price history since Dec 3, 2024 | -0.04 |
The correlation between AIS and FDL shifts across timeframes, from -0.23 (1 year) to -0.04 (all time), reflecting how their relationship changes across market environments.
AIS vs. FDL - Sectors Allocation Comparison
Sectors
AIS
FDL
Technology
Industrials
Utilities
Consumer Defensive
Basic Materials
-
Communication Services
-
Consumer Cyclical
-
Energy
-
Healthcare
-
Real Estate
-
-
Financial Services
Technology
AIS
FDL
Industrials
AIS
FDL
Utilities
AIS
FDL
Consumer Defensive
AIS
FDL
Basic Materials
AIS
-
FDL
Communication Services
AIS
-
FDL
Consumer Cyclical
AIS
-
FDL
Energy
AIS
-
FDL
Healthcare
AIS
-
FDL
Real Estate
AIS
-
FDL
-
Financial Services
AIS
FDL
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Return for Risk
AIS vs. FDL — Risk / Return Rank
AIS
FDL
AIS vs. FDL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VistaShares Artificial Intelligence Supercycle ETF (AIS) and First Trust Morningstar Dividend Leaders Index Fund (FDL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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.
| AIS | FDL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.56 | ||
| Sortino ratioReturn per unit of downside risk | -0.41 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.39 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.94 | 6.28 | -2.33 |
| Martin ratioReturn relative to average drawdown | 15.65 | 14.78 | +0.86 |
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Drawdowns
AIS vs. FDL - Drawdown Comparison
The maximum AIS drawdown since its inception was -34.44%, smaller than the maximum FDL drawdown of -65.93%. Use the drawdown chart below to compare losses from any high point for AIS and FDL.
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Drawdown Indicators
| AIS | FDL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.44% | -65.93% | +31.49% |
Max Drawdown (1Y)Largest decline over 1 year | -34.44% | -4.27% | -30.17% |
Max Drawdown (3Y)Largest decline over 3 years | — | -12.24% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -16.46% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.40% | — |
Current DrawdownCurrent decline from peak | -22.44% | -1.60% | -20.84% |
Average DrawdownAverage peak-to-trough decline | -6.43% | -9.59% | +3.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.66% | 1.81% | +6.85% |
Volatility
AIS vs. FDL - Volatility Comparison
VistaShares Artificial Intelligence Supercycle ETF (AIS) has a higher volatility of 20.90% compared to First Trust Morningstar Dividend Leaders Index Fund (FDL) at 4.48%. This indicates that AIS's price experiences larger fluctuations and is considered to be riskier than FDL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AIS | FDL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.90% | 4.48% | +16.42% |
Volatility (6M)Calculated over the trailing 6-month period | 43.62% | 8.63% | +34.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 48.24% | 11.88% | +36.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.22% | 14.43% | +29.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.22% | 17.16% | +27.06% |
AIS vs. FDL - Expense Ratio Comparison
AIS has a 0.75% expense ratio, which is higher than FDL's 0.43% expense ratio.
Dividends
AIS vs. FDL - Dividend Comparison
AIS has not paid dividends to shareholders, while FDL's dividend yield for the trailing twelve months is around 3.58%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AIS VistaShares Artificial Intelligence Supercycle ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FDL First Trust Morningstar Dividend Leaders Index Fund | 3.58% | 4.04% | 4.96% | 4.58% | 3.58% | 4.59% | 4.48% | 3.75% | 3.97% | 3.18% | 2.93% | 3.65% |
Frequently Asked Questions
AIS and FDL have a correlation of -0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AIS has higher volatility (20.90%) compared to FDL (4.48%). In terms of maximum drawdown, AIS dropped -34.44% vs FDL's -65.93%.
On 1-year performance, AIS leads with 135.01% vs 26.71% for FDL. On fees, FDL is cheaper at 0.43% per year. On volatility, FDL has been the lower-risk option at 4.48%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, AIS has performed better with a 135.01% return vs 26.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FDL is cheaper with a 0.43% expense ratio, compared with 0.75% for AIS.
FDL has the higher dividend yield at 3.58%, compared with 0.00% for AIS.
AIS is categorized as Artificial Intelligence, while FDL is Large Cap Value Equities. They also come from different issuers: VistaShares and First Trust. Their fees differ too: 0.75% for AIS and 0.43% for FDL.
AIS currently has the higher Sharpe Ratio (2.82 vs 2.26), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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