Summary
FAI
Prices · period metrics · 12M
NAV as of 31/08/2026
30/05/2025 → 28/05/2026
Return 50.27% 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: 31/08/2026

Current price: $54.58

Expense ratio: 0.65%

Assets under management
$159.5M
-0.26% daily change

Period performance

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

Adjusted return
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Performance metrics

Period total return

4.74%

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

-5.11%

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

38.91%

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

50.27%

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.

Period total return

80.89%

Ann. 36.76% (Sharpe / Sortino numerator)

Volatility

31.16%

Sharpe ratio

1.062

VaR 95%

-3.21%

CVaR 95%: -4.43%
Max drawdown: -27.82%
Sortino ratio: 1.441
Calmar ratio: 1.32

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: 02/09/2025 - 31/08/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.18%

Best day

4.657%

31/03/2026
Worst day

-7.905%

05/06/2026
Days with data

250

Recent price history (last 90 days)

Date Open High Low Close Volume
31/08/2026 $54.72 $54.78 $54.37 $54.58 32,100
28/08/2026 $55.06 $55.37 $54.58 $54.70 136,600
27/08/2026 $54.67 $55.01 $54.55 $55.01 8,200
26/08/2026 $53.03 $53.77 $53.03 $53.53 18,700
25/08/2026 $53.25 $53.62 $53.23 $53.41 20,800
24/08/2026 $53.45 $53.45 $52.78 $52.95 26,300
21/08/2026 $54.04 $54.04 $53.33 $53.70 7,700
20/08/2026 $53.60 $53.60 $53.13 $53.33 12,200
19/08/2026 $53.96 $53.96 $52.85 $53.38 38,500
18/08/2026 $53.94 $53.94 $53.38 $53.49 12,400