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

BAI vs SHLD

iShares A.I. Innovation and Tech Active ETF and Global X Defense Tech ETF, side by side on the themes desk.

2% of the two portfolios are the same securities at the same weight.

Open the live comparison on ETFIQ
BAI and SHLD on the themes desk fields, as of Sep 4, 2026. Source: ETFIQ.
BAI
iShares A.I. Innovation and Tech Active ETF
SHLD
Global X Defense Tech ETF
IssueriSharesGlobal X
ThemeArtificial intelligenceDefense
In the S&P 50050.0%44.8%
Active share vs the S&P 50077.9%98.7%
In the Nasdaq-10043.9%7.1%
Holdings4548
Top ten, share of the fund43.8%59.5%
Expense rationot published0.50%
Fee for the differing partnot published0.51%
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

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.

ETFIQ is an independent publisher of exchange-traded fund data. It is not a fund issuer, broker-dealer or investment adviser, and it makes no recommendations; every figure here is stated arithmetic on published data. Standards and sources