FAI vs. GTEK

Last updated Jul 15, 2026

FAI (First Trust Bloomberg Artificial Intelligence ETF) and GTEK (Goldman Sachs Future Tech Leaders Equity ETF) are both Technology Equities funds. FAI is passively managed, while GTEK is actively managed. Over the past year, FAI returned 47.82% vs 61.00% for GTEK. Their correlation of 0.89 suggests significant overlap in exposure. FAI charges 0.65%/yr vs 0.75%/yr for GTEK.

Performance

FAI vs. GTEK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Bloomberg Artificial Intelligence ETF (FAI) and Goldman Sachs Future Tech Leaders Equity ETF (GTEK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FAI achieves a 27.54% return, which is significantly lower than GTEK's 43.93% return.

FAI

• 1D: 2.01%
• 1M: -0.37%
• 6M: 24.40%
• YTD: 27.54%
• 1Y: 47.82%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GTEK

• 1D: 1.30%
• 1M: -2.07%
• 6M: 37.67%
• YTD: 43.93%
• 1Y: 61.00%
• 3Y*: 30.01%
• 5Y*: —
• 10Y*: —

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

FAI vs. GTEK - Yearly Performance Comparison

	2026 (YTD)	2025	2024
FAI First Trust Bloomberg Artificial Intelligence ETF	27.54%	33.37%	2.28%
GTEK Goldman Sachs Future Tech Leaders Equity ETF	43.93%	23.68%	-0.29%

Correlation

The correlation between FAI and GTEK is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.89
Correlation (All Time) Calculated using the full available price history since Nov 21, 2024	0.89

The correlation between FAI and GTEK has been stable across timeframes, ranging from 0.89 to 0.89 - a consistent structural relationship.

Return for Risk

FAI vs. GTEK — Risk / Return Rank

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

FAI

FAI Risk / Return Rank: 60
FAI Sharpe Ratio Rank: 65
FAI Sortino Ratio Rank: 57
FAI Omega Ratio Rank: 58
FAI Calmar Ratio Rank: 64
FAI Martin Ratio Rank: 54

GTEK

GTEK Risk / Return Rank: 82
GTEK Sharpe Ratio Rank: 82
GTEK Sortino Ratio Rank: 73
GTEK Omega Ratio Rank: 73
GTEK Calmar Ratio Rank: 94
GTEK Martin Ratio Rank: 90

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. GTEK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Bloomberg Artificial Intelligence ETF (FAI) and Goldman Sachs Future Tech Leaders Equity ETF (GTEK). 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	GTEK	Difference
Sharpe ratio: Return per unit of total volatility	1.70	2.06	-0.36
Sortino ratio: Return per unit of downside risk	2.19	2.61	-0.42
Omega ratio: Gain probability vs. loss probability	1.29	1.34	-0.05
Calmar ratio: Return relative to maximum drawdown	2.55	5.51	-2.96
Martin ratio: Return relative to average drawdown	7.44	16.03	-8.59

FAI vs. GTEK - Sharpe Ratio Comparison

The current FAI Sharpe Ratio is 1.70, which is comparable to the GTEK Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of FAI and GTEK, 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. GTEK - Drawdown Comparison

The maximum FAI drawdown since its inception was -27.82%, smaller than the maximum GTEK drawdown of -53.77%. Use the drawdown chart below to compare losses from any high point for FAI and GTEK.

Drawdown Indicators

	FAI	GTEK	Difference
Max Drawdown Largest peak-to-trough decline	-27.82%	-53.77%	+25.95%
Max Drawdown (1Y) Largest decline over 1 year	-18.84%	-11.13%	-7.71%
Max Drawdown (3Y) Largest decline over 3 years	—	-27.49%	—
Current Drawdown Current decline from peak	-9.41%	-8.53%	-0.88%
Average Drawdown Average peak-to-trough decline	-5.50%	-26.98%	+21.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.45%	3.82%	+2.63%

Volatility

FAI vs. GTEK - Volatility Comparison

First Trust Bloomberg Artificial Intelligence ETF (FAI) and Goldman Sachs Future Tech Leaders Equity ETF (GTEK) have volatilities of 11.44% and 11.82%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FAI	GTEK	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.44%	11.82%	-0.38%
Volatility (6M) Calculated over the trailing 6-month period	23.79%	26.11%	-2.32%
Volatility (1Y) Calculated over the trailing 1-year period	28.22%	29.70%	-1.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.18%	28.82%	+2.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.18%	28.82%	+2.36%

FAI vs. GTEK - Expense Ratio Comparison

FAI has a 0.65% expense ratio, which is lower than GTEK's 0.75% expense ratio.

Dividends

FAI vs. GTEK - Dividend Comparison

Neither FAI nor GTEK has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
FAI First Trust Bloomberg Artificial Intelligence ETF	0.00%	0.00%	0.04%	0.00%	0.00%
GTEK Goldman Sachs Future Tech Leaders Equity ETF	0.00%	0.00%	0.00%	0.26%	0.03%

Frequently Asked Questions

Can I hold both FAI and GTEK in my portfolio?

FAI and GTEK have a correlation of 0.89, 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 GTEK?

GTEK has higher volatility (11.82%) compared to FAI (11.44%). In terms of maximum drawdown, FAI dropped -27.82% vs GTEK's -53.77%.

Which ETF is better, FAI or GTEK?

On 1-year performance, GTEK leads with 61.00% vs 47.82% for FAI. On fees, FAI is cheaper at 0.65% per year. On volatility, FAI has been the lower-risk option at 11.44%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FAI or GTEK?

Over the 1-year period, GTEK has performed better with a 61.00% return vs 47.82%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FAI or GTEK?

FAI is cheaper with a 0.65% expense ratio, compared with 0.75% for GTEK.

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

FAI and GTEK have nearly identical dividend yields, around 0.00%.

What is the main difference between FAI and GTEK?

They also come from different issuers: First Trust and Goldman Sachs. Their fees differ too: 0.65% for FAI and 0.75% for GTEK.

Which has better risk-adjusted returns?

GTEK currently has the higher Sharpe Ratio (2.06 vs 1.70), 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.