FAI
First Trust Exchange-Traded Fund II - First Trust Bloomberg Artificial Intelligence ETFFirst Trust$54.45+0.69 (+1.28%)AUM $188.6MER 0.65%NAV $54.66Holdings —Inception Nov 2024
Price Chart
Key Statistics
Previous Close
$53.76Day Range
$54.30$54.60
52-Week Range
$35.54$57.82
Avg Volume
31.0KDividend Yield
—Expense Ratio
0.65%AUM
$188.6MShares Outstanding
2.8MCountry Allocation
| Country | Weight % |
|---|---|
| United States | 84.75% |
| Taiwan (Province of China) | 5.38% |
| Netherlands | 4.68% |
| Korea (the Republic of) | 3.16% |
| Canada | 1.18% |
| Australia | 0.51% |
| Japan | 0.23% |
| Other | 0.09% |
Fund Information
- Issuer
- First Trust
- Inception Date
- Nov 20, 2024
- Exchange
- NYSE_ARCA
- Description
- FAI follows an index of global companies that develop or facilitate artificial intelligence solutions. These AI solutions include deep learning, machine learning, natural language processing, and image and speech recognition. From its initial universe consisting of the broad US equity market space, securities are screened to identify those in the AI ecosystem through a revenue and theme assessment using fundamental data. Companies are then assigned a tier depending on the combined assessments. Those with the highest revenue derived from, and exposure to the AI theme, based on combined assessment score, are assigned into the gold tier. Within the gold tier, companies are then screened to belong to one of five exposure categories. The top 50 securities with a revenue assessment of 1 are finally selected for inclusion by size order. Constituents are then market-cap weighted with the top 5 securities capped at 8% and the rest at 4%. The Index is rebalanced and reconstituted quarterly.
The First Trust Exchange-Traded Fund II - First Trust Bloomberg Artificial Intelligence ETF (FAI) is an exchange-traded fund issued by First Trust that launched on Nov 20, 2024. It currently manages $188.6M in assets under management. The fund charges an expense ratio of 0.65%.
Top 10 holdings represent 61.7% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | MSFT | Microsoft Corporation | 9.62% | 36,239 | $17.8M |
| 2 | NVDA | NVIDIA Corporation | 8.55% | 72,630 | $15.9M |
| 3 | AMZN | Amazon.com, Inc. | 7.92% | 58,313 | $14.7M |
| 4 | AVGO | Broadcom Inc. | 7.64% | 39,258 | $14.2M |
| 5 | GOOGL | Alphabet Inc. (Class A) | 7.05% | 39,317 | $13.1M |
| 6 | PLTR | Palantir Technologies Inc. (Class A) | 4.89% | 54,721 | $9.1M |
| 7 | META | Meta Platforms, Inc. (Class A) | 4.22% | 12,138 | $7.8M |
| 8 | ORCL | Oracle Corporation | 4.16% | 50,441 | $7.7M |
| 9 | 2330.TW | Taiwan Semiconductor Manufacturing Company Ltd. | 3.82% | 92,465 | $7.1M |
| 10 | MU | Micron Technology, Inc. | 3.82% | 7,252 | $7.1M |
| 11 | AMD | Advanced Micro Devices, Inc. | 3.71% | 13,663 | $6.9M |
| 12 | ASML.AS | ASML Holding N.V. | 3.45% | 3,783 | $6.4M |
| 13 | 000660.KS | SK Hynix Inc. | 3.16% | 4,472 | $5.9M |
| 14 | MRVL | Marvell Technology, Inc. | 3.03% | 24,801 | $5.6M |
| 15 | NOW | ServiceNow, Inc. | 2.07% | 29,276 | $3.8M |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | +1.28% | |
| 1W | -0.71% | |
| 1M | -2.36% | |
| 3M | -0.95% | |
| 6M | +37.55% | |
| YTD | +31.62% | |
| 1Y | +40.55% | |
| 3Y | +80.20% | |
| 5Y | +80.20% |
Moving Averages
20-Day MA
$54.08
Above 20-Day MA50-Day MA
$52.66
Above 50-Day MA200-Day MA
$46.13
Above 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$57.82
Current Price
$54.45
52-Week Low
$35.54
$35.54$57.82
Current Yield
—
Annual Dividend
$0.0120
Frequency
4x/year
Last Ex-Date
Dec 13, 2024
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| Dec 13, 2024 | $0.0120 | Dec 31, 2024 |
Dividend Payments Over Time
Category Comparison
No category data available for comparison.
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