Summary
First Trust Exchange-Traded Fund II - First Trust Bloomberg Artificial Intelligence ETF is an ETF - a fund traded on an exchange like a stock - run by First Trust. Positions inside: 55. The ten largest make up 62% of the fund.
- Yearly costs
- 0.65%
- Fund size
- $256.1M
- Positions
- 55
- Running since
- 2024
What speaks for it
Nothing stands out in its favour.
What to watch
- The ten largest positions make up 62% of the fund, so its result rests on a few names.
- 84% of the fund is in one country (United States).
- Costs of 0.65% a year are above the middle of comparable funds (0.44%).
- A young fund: it has been running only since 2024.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -3.1%
- 3 months
- +7.5%
- This year
- +30%
- 1 year
- +31%
- Avg. market cap
- $1.84T
- P/E
- 25.5x
- Forward P/E
- 26.1x
- P/S
- 8.8x
- P/B
- 8.7x
- P/FCF
- 37.4x
- EV/EBITDA
- 18.7x
- Dividend yield
- 0.34%
- ROIC
- 21.3%
- ROE
- 41.8%
- Gross margin
- 67.0%
- Operating margin
- 33.7%
- Net margin
- 30.8%
- Payout ratio
- 8.8%
- Net debt/EBITDA
- 0.0x
- Beta
- 2.10
Weighted average of the 50 largest companies, which make up 100% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 MSMicrosoft MSFT 8.9%
- 2 AMAmazon AMZN 8.6%
- 3 GOAlphabet GOOGL 8.6%
- 4 AVBroadcom AVGO 8.0%
- 5 NVNvidia NVDA 8.0%
- 6 PLPalantir PLTR 4.3%
- 7 MEMeta META 4.2%
- 8 23Taiwan Semiconductor Manufacturing Company Limited 2330.TW 4.0%
- 9 ASASML Holding N.V. ASML.AS 3.8%
- 10 AMAMD AMD 3.6%
Positions in the fund: 55. The ten largest make up 62% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One countryBy country
- United States 84%
- Netherlands 4.9%
- Canada 1.6%
- China 0.4%
- Other countries 8.9%
By company size
- Mega cap 80%
- Large cap 18%
- Mid cap 2.0%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest country: United States (84%). Largest size group: Mega cap (80%).
What does it cost me?
Expensive- A year from $10,000
- $65.00
- Over 20 years
- $3,099
From every $10,000 invested the fund takes $65.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $3,099.
How has it done?
Growing over the long run- Over the last year
- +31%
- Deepest drop
- -28%
- Yearly volatility
- 30%
Growth over the last year: 31%. Deepest drop in these years: 28% below the earlier high.
Does it pay dividends?
We have no record of payments from this fund.
Is it easy to buy and sell?
Yes- Traded a day
- $3.44M
- Shares a day
- 64K
On an average day about $3.44M of the fund changes hands.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 25.5
- Average Bulios Score
- 73 out of 100
Weight by Bulios Fair Price
- Undervalued 11%
- Fairly valued 6.4%
- Overvalued 83%
On average the companies inside trade for 25.5 times their yearly profit. By Fair Price, 83% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 100% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
HE HEMI Hartford Equity Premium Income ETF | United States | 0.58% | $37.6M | - | Pays out | 63% |
TM TMGN ETF Opportunities Trust - Tappalpha Cboe Magnificent 10 Growth & Daily Income ETF | United States | 0.88% | $13.1M | - | Pays out | 54% |
MA MAFANG.BO Mirae Asset NYSE FANG+ ETF | India | 0.66% | $7.93M | +64% | Reinvests | 54% |
MA MAFANG.NS Mirae Asset NYSE FANG+ ETF | India | 0.66% | $7.91M | +63% | Reinvests | 54% |
QG QGRW WisdomTree U.S. Quality Growth Fund | United States | 0.28% | $2.25B | +17% | Pays out | 53% |
FE FEPI REX FANG & Innovation Equity Premium Income ETF | United States | 0.65% | $715.1M | -14% | Pays out | 52% |