BROUGHT TO YOU BY:

ETF Portfolio Builder

New

ETF Portfolio Builder

New

FAIvsLRNDETF Comparison

ETF 1

FAI

First Trust Bloomberg Artificial Intelligence ETF

This fund is part of

AI & Big Data

+1.64%

Full FAI fund page

VS

ETF 2

LRND

NYLI U.S. Large Cap R&D Leaders ETF

This fund is part of

US Large Cap

+0.31%

Full LRND fund page

First Trust Bloomberg Artificial Intelligence ETF (FAI) belongs to the AI & Big Data segment. NYLI U.S. Large Cap R&D Leaders ETF (LRND) is part of the US Large Cap segment. FAI's top 3 sector exposures are Technology, Consumer Non-Cyclicals and Business Services. In contrast, LRND's top sector exposures are Technology, Healthcare and Consumer Non-Cyclicals. FAI is more expensive with a Total Expense Ratio (TER) of 0.65%, versus 0.15% for LRND. FAI is up 35.13% year-to-date (YTD) with +$214M in YTD flows. LRND performs worse with 15.54% YTD performance, and +$319M in YTD flows. Run a side-by-side ETF comparison of FAI and LRND below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

Find out how industry players manage ETF portfolios. Discover our library of Model portfolios

FAI vs LRND performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 10/28/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	FAI LRND	-0.75%-1.45%	+16.05%+6.86%	+35.13%+15.54%	+28.41%+13.41%	n/a+97.74%	n/an/a
Flows	FAI LRND	+$74M-$6M	+$93M+$25M	+$214M+$319M	+$219M+$377M	-+$378M	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	FAI LRND	+26.88%+17.29%	+28.55%+17.25%	n/a+17.79%	n/an/a
Max drawdown	FAI LRND	-9.98%-6.46%	-18.62%-13.88%	n/a-20.97%	n/an/a
Max drawdown duration	FAI LRND	22d22d	121d169d	n/a126d	n/an/a

Trading data

Create an account to view trading data

Join for free

	FAI	LRND
Last sale 10/29/2026 at 1:30 PM	$53.71	$46.01
Previous close 10/28/2026	$55.72	$46.92
Consolidated volume 10/28/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of September 30, 2026

1-year trailing difference

Create an account to view replication metrics

Join for free

Create an account to view replication quality

Join for free

	FAI	LRND
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 10/29/2026 at 1:30 PM

Live

Closed

	FAI	LRND
Last price	$53.71	$46.01
1D performance	-3.61%	-1.94%
AuM	$266.65 M	$442.40 M
E/R	0.65%	0.15%

Characteristics

	FAI	LRND
Management strategy	Passive	Passive
Provider	First Trust	New York Life Investments
Benchmark	Bloomberg Artificial Intelligence Index	NYLI U.S. Large Cap R&D Leaders Index
N° of holdings	50	100
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	November 20, 2024	February 8, 2022
ESG	No	No

More FAI data on Trackinsight

More LRND data on Trackinsight

Exposure

Countries

FAI

USA

85.56%

Other

14.44%

LRND

USA

98.35%

Other

1.65%

Sectors

FAI

Technology

83.82%

Consumer Non-Cycl.

8.04%

Other

8.14%

LRND

Technology

75.54%

Healthcare

8.47%

Other

16%

Diversification

FAI

Total weight of top 15 holdings out of 15

76.77%

LRND

Total weight of top 15 holdings out of 15

76.71%

Top 15 holdings

Data as of August 31, 2026

FAI

Microsoft Corp.

9.82%

NVIDIA Corp.

8.54%

Amazon.com, Inc.

8.04%

Broadcom Inc.

7.85%

Alphabet, Inc.

7.13%

Palantir Technologies, Inc.

5.33%

Taiwan Semiconductor Manufacturing Co., Ltd.

3.86%

Oracle Corp.

3.86%

Meta Platforms, Inc.

3.80%

Micron Technology, Inc.

3.66%

ASML Holding NV

3.41%

Advanced Micro Devices, Inc.

3.40%

SK hynix, Inc.

2.99%

Marvell Technology, Inc.

2.82%

ServiceNow, Inc.

2.26%

LRND

NVIDIA Corp.

16.94%

Alphabet, Inc.

12.75%

Apple, Inc.

8.90%

Broadcom Inc.

6.75%

Microsoft Corp.

5.56%

Amazon.com, Inc.

4.79%

Eli Lilly & Co.

4.14%

Meta Platforms, Inc.

4.13%

Advanced Micro Devices, Inc.

3.36%

Cisco Systems, Inc.

1.91%

Palantir Technologies, Inc.

1.87%

Lam Research Corp.

1.65%

Applied Materials, Inc.

1.59%

Amgen, Inc.

1.28%

Arista Networks, Inc.

1.08%

Frequently asked questions about FAI and LRND

How have the FAI and LRND ETFs performed in 2026?

As of October 28, 2026, FAI is up 35.13% year-to-date (YTD), while LRND has returned 15.54%. That puts FAI better performer ahead so far this year.

Which ETF is attracting more investor money: FAI or LRND?

Year-to-date, the FAI ETF saw +$214M in flows, compared to +$319M for LRND.

Which ETF is more volatile: FAI or LRND?

Over the past year, FAI had a volatility of 28.55%, while LRND experienced 17.25%.

Which ETF is bigger: FAI or LRND?

As of October 28, 2026, FAI holds $266.65 M in assets under management (AUM), while LRND manages $442.40 M.

What sectors do the FAI and LRND ETFs invest in?

FAI leans toward sectors like Technology and Consumer Non-Cyclicals. Meanwhile, LRND focuses on Technology and Healthcare.

What are the top holdings of the FAI ETF and LRND ETF?

FAI top holdings include Microsoft Corp., NVIDIA Corp. and Amazon.com, Inc.. LRND holds in its top three: NVIDIA Corp., Alphabet, Inc. and Apple, Inc..

Which ETF is more diversified: FAI or LRND?

FAI holds 50 securities with 76.77% of its assets in the top 15. LRND has 531 securities and a top 15 weight of 76.71%.

First Trust Launches New FAI ETF to Tap into Artificial Intelligence Growth

November 22, 2024

FAI

FAIvsLRNDETF Comparison

First Trust Bloomberg Artificial Intelligence ETF

NYLI U.S. Large Cap R&D Leaders ETF

FAI vs LRND performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the FAI and LRND ETFs performed in 2026?

As of October 28, 2026, FAI is up 35.13% year-to-date (YTD), while LRND has returned 15.54%. That puts FAI better performer ahead so far this year.

Which ETF is attracting more investor money: FAI or LRND?

Year-to-date, the FAI ETF saw +$214M in flows, compared to +$319M for LRND.

Which ETF is more volatile: FAI or LRND?

Over the past year, FAI had a volatility of 28.55%, while LRND experienced 17.25%.

Which ETF is bigger: FAI or LRND?

As of October 28, 2026, FAI holds $266.65 M in assets under management (AUM), while LRND manages $442.40 M.

What sectors do the FAI and LRND ETFs invest in?

FAI leans toward sectors like Technology and Consumer Non-Cyclicals. Meanwhile, LRND focuses on Technology and Healthcare.

What are the top holdings of the FAI ETF and LRND ETF?

FAI top holdings include Microsoft Corp., NVIDIA Corp. and Amazon.com, Inc.. LRND holds in its top three: NVIDIA Corp., Alphabet, Inc. and Apple, Inc..

Which ETF is more diversified: FAI or LRND?

FAI holds 50 securities with 76.77% of its assets in the top 15. LRND has 531 securities and a top 15 weight of 76.71%.

First Trust Launches New FAI ETF to Tap into Artificial Intelligence Growth

ETFs’ Next Act: From Access to Selection