Summary
FAI
Prices · period metrics · 12M
NAV as of 02/06/2026
30/05/2025 → 28/05/2026
Return 80.70% Volatility 24.25% Sharpe 2.86
Official loaded data — not a live quote.

FIRST TRUST BLOOMBERG ARTIFICIAL INTELLIGENCE ETF

Symbol: FAI

Exchange: NYSE

Sector: Technology

Category: Technology

Inception date: 20/11/2024

Latest date: 02/06/2026

Current price: $57.82

Expense ratio: 0.65%

Assets under management
$48.1M
0.43% daily change

Period performance

Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.

Adjusted return
--
--

Performance metrics

Period total return

22.94%

Ann. 786.49% (Sharpe / Sortino numerator)

Volatility

27.09%

Sharpe ratio

28.896

VaR 95%

-1.90%

CVaR 95%: -2.24%
Max drawdown: -3.77%
Sortino ratio: 53.715
Calmar ratio: 208.44

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

47.16%

Ann. 278.19% (Sharpe / Sortino numerator)

Volatility

29.75%

Sharpe ratio

9.229

VaR 95%

-2.41%

CVaR 95%: -2.93%
Max drawdown: -11.30%
Sortino ratio: 16.343
Calmar ratio: 24.61

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

40.27%

Ann. 77.51% (Sharpe / Sortino numerator)

Volatility

27.00%

Sharpe ratio

2.736

VaR 95%

-2.63%

CVaR 95%: -3.17%
Max drawdown: -17.46%
Sortino ratio: 4.360
Calmar ratio: 4.44

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

80.70%

Ann. 72.96% (Sharpe / Sortino numerator)

Volatility

24.25%

Sharpe ratio

2.859

VaR 95%

-2.62%

CVaR 95%: -3.27%
Max drawdown: -18.84%
Sortino ratio: 4.086
Calmar ratio: 3.87

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Daily returns for period 12M

Daily simple returns from the same adjusted closes used by the performance chart: 02/06/2025 - 02/06/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.248%

Best day

4.657%

31/03/2026
Worst day

-4.32%

10/10/2025
Days with data

251

Recent price history (last 90 days)

Date Open High Low Close Volume
02/06/2026 $57.57 $57.90 $57.19 $57.82 20,600
01/06/2026 $56.32 $57.83 $56.20 $57.52 13,200
29/05/2026 $55.12 $55.74 $54.74 $55.74 32,400
28/05/2026 $53.68 $54.77 $53.41 $54.50 235,500
27/05/2026 $53.12 $53.23 $52.71 $53.07 17,400
26/05/2026 $52.63 $53.25 $52.52 $53.19 34,000
22/05/2026 $51.59 $51.69 $51.34 $51.38 5,500
21/05/2026 $50.56 $51.02 $50.46 $50.98 13,300
20/05/2026 $50.00 $50.64 $50.00 $50.59 124,100
19/05/2026 $49.68 $49.77 $48.91 $49.22 25,700