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Data as of . Every figure is the themes desk's own, on published data.

BAI vs GRID

iShares A.I. Innovation and Tech Active ETF and First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund, side by side on the themes desk.

4% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, BAI and GRID hold 4% of their money in the same securities at the same weight.

Positions BAI and GRID both hold, largest shared weight first
HoldingBAIGRID
NVIDIA Corp5.43%2.34%
Tesla Inc1.68%1.74%
Largest positions each one holds and the other does not
Only in BAIOnly in GRID
Broadcom Inc 5.97%Schneider Electric SE 9.11%
SK hynix Inc 4.93%Eaton Corporation Plc 8.80%
Taiwan Semiconductor Manufacturing Co Lt 4.64%Johnson Controls International Plc 8.49%
Alphabet Inc 4.26%ABB Ltd 7.70%
Tower Semiconductor Ltd 4.22%Quanta Services, Inc. 7.53%
Lam Research Corp 3.99%National Grid Plc 4.14%
Advanced Micro Devices Inc 3.84%E.ON SE 4.11%
Lumentum Holdings Inc 3.32%Prysmian SpA 3.53%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings as filed for Apr 30, 2026 and Sep 4, 2026.

Performance, window by window

BAI and GRID over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
BAIGRIDBAIGRIDBAIGRID
3 months−2.1%−4.2%−6.8 pts−8.9 pts−4.2 pts−6.3 pts
6 months+36.4%+8.4%+21.2 pts−6.8 pts+16.2 pts−11.8 pts
1 year+43.1%+26.6%+23.1 pts+6.6 pts+17.5 pts+1.0 pts
3 yearsn/a+85.1%n/a+7.1 ptsn/a−8.4 pts
Since launch+81.2%+554.4%+46.5 pts−257.0 pts+34.9 pts−1129.7 pts
Open the live comparison on ETFIQ
BAI and GRID on the themes desk fields, as of Sep 4, 2026. Source: ETFIQ.
BAI
iShares A.I. Innovation and Tech Active ETF
GRID
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
IssueriSharesFirst Trust
ThemeArtificial intelligenceElectrification and the grid
In the S&P 50050.0%39.9%
Active share vs the S&P 50077.9%91.9%
In the Nasdaq-10043.9%8.6%
Holdings45121
Top ten, share of the fund43.8%58.4%
Expense rationot published0.56%
Fee for the differing partnot published0.61%
Total return, 1 year+43.1%+26.6%
vs the S&P 500+23.1 pts+6.6 pts
vs the Nasdaq-100+17.5 pts+1.0 pts
Below its high−17.8%−10.1%

BAI in plain words

By weight, 50% of BAI's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 78%. The top ten holdings are 44% of the fund across 45 positions, as filed for Apr 30, 2026. Over the year to Sep 4, 2026 the fund returned +43.1% with distributions reinvested against +20.0% for the S&P 500, so a holder was ahead by 23.1 pts. It sits 17.8% below its all-time high of Jun 22, 2026.

GRID in plain words

By weight, 40% of GRID's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 92%. The top ten holdings are 58% of the fund across 121 positions, as filed for Sep 3, 2026. Over the year to Sep 4, 2026 the fund returned +26.6% with distributions reinvested against +20.0% for the S&P 500, so a holder was ahead by 6.6 pts. It sits 10.1% below its all-time high of May 11, 2026.

Questions people ask

Do BAI and GRID hold the same stocks?
By their latest filings, 4% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, BAI or GRID?
BAI has 50% of its weight in S&P 500 names and GRID has 40%, so GRID differs more from the index.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

BAI against GRID, ETFIQ, data as of Sep 4, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, BAI against GRID, data as of Sep 4, 2026. https://etfiq.com/compare/themes/BAI-GRID.html Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources