Data as of . Every figure is the themes desk's own, on published data.
BAI vs SHLD
2% 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 SHLD hold 2% of their money in the same securities at the same weight.
| Holding | BAI | SHLD |
|---|---|---|
| Palantir Technologies Inc | 1.08% | 7.09% |
| Kratos Defense & Security Solutions Inc | 0.96% | 1.82% |
| BWX Technologies Inc | 0.41% | 3.06% |
| Only in BAI | Only in SHLD |
|---|---|
| Broadcom Inc 5.97% | LOCKHEED MARTIN CORPORATION 8.45% |
| NVIDIA Corp 5.43% | RTX CORPORATION 7.78% |
| SK hynix Inc 4.93% | GENERAL DYNAMICS CORPORATION 7.70% |
| Taiwan Semiconductor Manufacturing Co Lt 4.64% | Rheinmetall Aktiengesellschaft 5.78% |
| Alphabet Inc 4.26% | BAE SYSTEMS PLC 4.90% |
| Tower Semiconductor Ltd 4.22% | L3HARRIS TECHNOLOGIES, INC. 4.71% |
| Lam Research Corp 3.99% | HANWHA AEROSPACE CO., LTD. 4.41% |
| Advanced Micro Devices Inc 3.84% | LEONARDO - SOCIETA PER AZIONI 4.36% |
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 May 31, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| BAI | SHLD | BAI | SHLD | BAI | SHLD | |
| 3 months | −2.1% | +0.2% | −6.8 pts | −4.5 pts | −4.2 pts | −1.9 pts |
| 6 months | +36.4% | −18.2% | +21.2 pts | −33.4 pts | +16.2 pts | −38.4 pts |
| 1 year | +43.1% | +2.3% | +23.1 pts | −17.7 pts | +17.5 pts | −23.3 pts |
| Since launch | +81.2% | +158.9% | +46.5 pts | +79.9 pts | +34.9 pts | +63.5 pts |
| BAI iShares A.I. Innovation and Tech Active ETF | SHLD Global X Defense Tech ETF | |
|---|---|---|
| Issuer | iShares | Global X |
| Theme | Artificial intelligence | Defense |
| In the S&P 500 | 50.0% | 44.8% |
| Active share vs the S&P 500 | 77.9% | 98.7% |
| In the Nasdaq-100 | 43.9% | 7.1% |
| Holdings | 45 | 48 |
| Top ten, share of the fund | 43.8% | 59.5% |
| Expense ratio | not published | 0.50% |
| Fee for the differing part | not published | 0.51% |
| Total return, 1 year | +43.1% | +2.3% |
| vs the S&P 500 | +23.1 pts | −17.7 pts |
| vs the Nasdaq-100 | +17.5 pts | −23.3 pts |
| Below its high | −17.8% | −19.0% |
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.
SHLD in plain words
By weight, 45% of SHLD's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 60% of the fund across 48 positions, as filed for May 31, 2026. Over the year to Sep 4, 2026 the fund returned +2.3% with distributions reinvested against +20.0% for the S&P 500, so a holder was behind by 17.7 pts. It sits 19.0% below its all-time high of Mar 9, 2026.
Questions people ask
- Do BAI and SHLD hold the same stocks?
- By their latest filings, 2% 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 SHLD?
- BAI has 50% of its weight in S&P 500 names and SHLD has 45%, so SHLD 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.
Cite this page. ETFIQ, BAI against SHLD, data as of Sep 4, 2026. https://etfiq.com/compare/themes/BAI-SHLD.html Free to use with attribution; the underlying files are at Open data.