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Data as of .

BAI vs XME: which is really different?

BAI and XME hold 0% of their weight in the same names.

iShares A.I. Innovation and Tech Active ETF and State Street(R) SPDR(R) S&P(R) Metals & Mining ETF, side by side, thematic ETFs on ETFIQ.

54.8%BAI in the S&P 500
17.3%XME in the S&P 500
+32.3%BAI total return, 1 year
+32.5%XME total return, 1 year

ETFIQ Off-Index Score: XME scores higher

How much of it is not the index it is sold as an alternative to?

BAI 9XME 70.90.1, the lowest in this set91.4, the highest

A percentile among the 349 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed

BAI45% of its weight is outside the S&P 500 · 1 year to Sep 11, 2026
55%45%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 77% · top ten 42% of the fund · 52 holdings filed Sep 10, 2026 · Nasdaq-100: 50% in55%45%in the S&P 500outsideactive share 77% · top ten 42% of the fund
XME83% of its weight is outside the S&P 500 · 1 year to Sep 11, 2026
17%83%in the S&P 500of its weight outside the S&P 500active share 100% · top ten 47% of the fund · 41 holdings filed Sep 10, 2026 · Nasdaq-100: 0% in17%83%inof its weight outside the S&P 500active share 100% · top ten 47% of the fund

0% 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 XME hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in BAIOnly in XME
MICRON TECHNOLOGY 6.48%Uranium Energy Corp 4.76%
NVIDIA 5.32%Hecla Mining Co 4.62%
ADVANCED MICRO DEVICES 4.77%Centrus Energy Corp 4.60%
BROADCOM INC 4.75%USA Rare Earth Inc 4.47%
TAIWAN SEMICONDUCTOR MANUFACTURING 4.69%Coeur Mining Inc 4.46%
LAM RESEARCH 4.06%MP Materials Corp 4.41%
SPACE EXPLORATION TECHNOLOGIES COR 3.01%Freeport-McMoRan Inc 4.26%
SNOWFLAKE 3.00%Royal Gold Inc 4.26%

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 dated Jun 30, 2026 and Sep 10, 2026.

Performance, window by window

BAI and XME over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
BAIXMEBAIXMEBAIXME
3 months−9.1%−5.6%−12.3 pts−8.9 pts−8.3 pts−4.8 pts
6 months+34.1%+4.3%+18.1 pts−11.7 pts+13.4 pts−16.3 pts
1 year+32.3%+32.5%+14.8 pts+15.0 pts+9.3 pts+9.6 pts
3 yearsnot published+123.5%not published+45.6 ptsnot published+28.4 pts
Since launch+80.9%+160.8%+47.2 pts−643.6 pts+35.4 pts−1513.1 pts
Open the live comparison on ETFIQ
BAI and XME on the same fields, as of Sep 11, 2026. Source: ETFIQ.
BAI
iShares A.I. Innovation and Tech Active ETF
Holds 52 stocks in artificial intelligence, 55% of its weight in S&P 500 companies
XME
State Street(R) SPDR(R) S&P(R) Metals & Mining ETF
Holds 41 stocks in miners and metals, 17% of its weight in S&P 500 companies
IssueriSharesState Street
ThemeArtificial intelligenceMiners and metals
In the S&P 50054.8%17.3%
Active share vs the S&P 50076.5%99.6%
In the Nasdaq-10049.5%0.0%
Holdings5241
Top ten, share of the fund41.8%46.8%
Expense ratio0.55%0.35%
Fee for the differing part0.72%0.35%
Total return, 1 year+32.3%+32.5%
vs the S&P 500+14.8 pts+15.0 pts
vs the Nasdaq-100+9.3 pts+9.6 pts
Below its high−17.9%−14.4%

BAI in plain words

By weight, 55% of BAI's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 76%. The top ten holdings are 42% of the fund across 52 positions, as published by its issuer for Sep 10, 2026. Over the year to Sep 11, 2026 the fund returned +32.3% with distributions reinvested against +17.5% for the S&P 500, so a holder was ahead by 14.8 pts. It sits 17.9% below its all-time high of Jun 22, 2026.

XME in plain words

By weight, 17% of XME's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 47% of the fund across 41 positions, as published by its issuer for Sep 10, 2026. Over the year to Sep 11, 2026 the fund returned +32.5% with distributions reinvested against +17.5% for the S&P 500, so a holder was ahead by 15.0 pts. It sits 14.4% below its all-time high of Jun 2, 2026.

Questions people ask

Do BAI and XME hold the same stocks?
By their latest filings, 0% 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 XME?
BAI has 55% of its weight in S&P 500 names and XME has 17%, so XME differs more from the index.
Which is cheaper, BAI or XME?
BAI charges 0.55% a year and XME charges 0.35%, so XME is cheaper. Fees come from each fund's prospectus.

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 XME, ETFIQ, data as of Sep 11, 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 XME, data as of Sep 11, 2026. https://etfiq.com/compare/themes/BAI-XME Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources