FAI vs. ASMH

Last updated Jul 17, 2026

FAI (First Trust Bloomberg Artificial Intelligence ETF) and ASMH (ASML Holding NV ADR Hedged ETF) are both Technology Equities funds - FAI tracks the Bloomberg Artificial Intelligence Index while ASMH tracks the ASML Holding NV Sponsored ADR. Both are passively managed. Over the past year, FAI returned 40.32% vs 143.52% for ASMH. A 0.65 correlation means they provide meaningful diversification when combined. FAI charges 0.65%/yr vs 0.19%/yr for ASMH.

Performance

FAI vs. ASMH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Bloomberg Artificial Intelligence ETF (FAI) and ASML Holding NV ADR Hedged ETF (ASMH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FAI achieves a 22.25% return, which is significantly lower than ASMH's 71.44% return.

FAI

• 1D: -3.29%
• 1M: -6.04%
• 6M: 20.67%
• YTD: 22.25%
• 1Y: 40.32%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ASMH

• 1D: -2.11%
• 1M: 0.25%
• 6M: 36.58%
• YTD: 71.44%
• 1Y: 143.52%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FAI vs. ASMH - Yearly Performance Comparison

	2026 (YTD)	2025
FAI First Trust Bloomberg Artificial Intelligence ETF	22.25%	62.39%
ASMH ASML Holding NV ADR Hedged ETF	71.44%	59.22%

Correlation

The correlation between FAI and ASMH is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.66
Correlation (All Time) Calculated using the full available price history since Apr 23, 2025	0.65

The correlation between FAI and ASMH has been stable across timeframes, ranging from 0.65 to 0.66 - a consistent structural relationship.

Return for Risk

FAI vs. ASMH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FAI

FAI Risk / Return Rank: 48
FAI Sharpe Ratio Rank: 51
FAI Sortino Ratio Rank: 45
FAI Omega Ratio Rank: 46
FAI Calmar Ratio Rank: 53
FAI Martin Ratio Rank: 47

ASMH

ASMH Risk / Return Rank: 95
ASMH Sharpe Ratio Rank: 97
ASMH Sortino Ratio Rank: 93
ASMH Omega Ratio Rank: 89
ASMH Calmar Ratio Rank: 98
ASMH Martin Ratio Rank: 96

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FAI vs. ASMH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Bloomberg Artificial Intelligence ETF (FAI) and ASML Holding NV ADR Hedged ETF (ASMH). 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.

	FAI	ASMH	Difference
Sharpe ratio: Return per unit of total volatility	1.42	3.37	-1.94
Sortino ratio: Return per unit of downside risk	1.90	3.73	-1.83
Omega ratio: Gain probability vs. loss probability	1.25	1.45	-0.21
Calmar ratio: Return relative to maximum drawdown	2.15	9.79	-7.64
Martin ratio: Return relative to average drawdown	6.19	28.17	-21.98

FAI vs. ASMH - Sharpe Ratio Comparison

The current FAI Sharpe Ratio is 1.42, which is lower than the ASMH Sharpe Ratio of 3.37. The chart below compares the historical Sharpe Ratios of FAI and ASMH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FAI vs. ASMH - Drawdown Comparison

The maximum FAI drawdown since its inception was -27.82%, which is greater than ASMH's maximum drawdown of -15.89%. Use the drawdown chart below to compare losses from any high point for FAI and ASMH.

Drawdown Indicators

	FAI	ASMH	Difference
Max Drawdown Largest peak-to-trough decline	-27.82%	-15.89%	-11.93%
Max Drawdown (1Y) Largest decline over 1 year	-18.84%	-14.75%	-4.09%
Current Drawdown Current decline from peak	-13.16%	-10.51%	-2.65%
Average Drawdown Average peak-to-trough decline	-5.53%	-4.41%	-1.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.53%	5.17%	+1.36%

Volatility

FAI vs. ASMH - Volatility Comparison

The current volatility for First Trust Bloomberg Artificial Intelligence ETF (FAI) is 10.93%, while ASML Holding NV ADR Hedged ETF (ASMH) has a volatility of 18.11%. This indicates that FAI experiences smaller price fluctuations and is considered to be less risky than ASMH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FAI	ASMH	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.93%	18.11%	-7.18%
Volatility (6M) Calculated over the trailing 6-month period	24.06%	34.14%	-10.08%
Volatility (1Y) Calculated over the trailing 1-year period	28.44%	43.78%	-15.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.23%	41.26%	-10.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.23%	41.26%	-10.03%

FAI vs. ASMH - Expense Ratio Comparison

FAI has a 0.65% expense ratio, which is higher than ASMH's 0.19% expense ratio.

Dividends

FAI vs. ASMH - Dividend Comparison

FAI has not paid dividends to shareholders, while ASMH's dividend yield for the trailing twelve months is around 1.63%.

Position	TTM	2025	2024
ASMH ASML Holding NV ADR Hedged ETF	1.63%	0.19%	0.00%
FAI First Trust Bloomberg Artificial Intelligence ETF	0.00%	0.00%	0.04%

Frequently Asked Questions

Can I hold both FAI and ASMH in my portfolio?

FAI and ASMH have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FAI or ASMH?

ASMH has higher volatility (18.11%) compared to FAI (10.93%). In terms of maximum drawdown, FAI dropped -27.82% vs ASMH's -15.89%.

Which ETF is better, FAI or ASMH?

On 1-year performance, ASMH leads with 143.52% vs 40.32% for FAI. On fees, ASMH is cheaper at 0.19% per year. On volatility, FAI has been the lower-risk option at 10.93%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FAI or ASMH?

Over the 1-year period, ASMH has performed better with a 143.52% return vs 40.32%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FAI or ASMH?

ASMH is cheaper with a 0.19% expense ratio, compared with 0.65% for FAI.

Which ETF pays a higher dividend yield, FAI or ASMH?

ASMH has the higher dividend yield at 1.63%, compared with 0.00% for FAI.

What is the main difference between FAI and ASMH?

FAI tracks Bloomberg Artificial Intelligence Index, while ASMH tracks ASML Holding NV Sponsored ADR. They also come from different issuers: First Trust and Precidian Funds. Their fees differ too: 0.65% for FAI and 0.19% for ASMH.

Which has better risk-adjusted returns?

ASMH currently has the higher Sharpe Ratio (3.37 vs 1.42), 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.