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Data as of .

AIHY vs BAI: which is really different?

AIHY and BAI hold 10% of their weight in the same names.

Defiance AI Hyperscale Leaders ETF and iShares A.I. Innovation and Tech Active ETF.

81.8%AIHY in the S&P 500
55.6%BAI in the S&P 500
+8.7%AIHY total return, 1 year
+32.2%BAI total return, 1 year

ETFIQ Off-Index Score: AIHY scores higher

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

AIHY 21BAI 8.60.1, the lowest in this set91.8, the highest

A percentile among the 379 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

AIHY18% of its weight is outside the S&P 500 · since launch to Sep 18, 2026
82%18%of its weight in S&P 500 companiesoutside the S&P 500active share 87% · top ten 100% of the fund · 10 holdings filed Sep 21, 2026 · Nasdaq-100: 79% in82%18%in the S&P 50018% of its weight outside the S&P 500active share 87% · top ten 100% of the fund
BAI44% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
56%44%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 76% · top ten 42% of the fund · 55 holdings filed Sep 17, 2026 · Nasdaq-100: 50% in56%44%in the S&P 500outsideactive share 76% · top ten 42% of the fund

10% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, AIHY and BAI hold 10% of their money in the same securities at the same weight.

Positions AIHY and BAI both hold, largest shared weight first
HoldingAIHYBAI
Space Exploration Technologies Corp13.09%3.05%
Alphabet Inc18.93%2.47%
Microsoft Corp21.81%2.09%
Amazon.com Inc18.94%1.99%
Only in each
Only in AIHYOnly in BAI
Meta Platforms Inc 19.42%MICRON TECHNOLOGY 6.62%
Alibaba Group Holding Ltd 3.01%NVIDIA 5.31%
Oracle Corp 2.67%ADVANCED MICRO DEVICES 5.20%
Tencent Holdings Ltd 2.06%TAIWAN SEMICONDUCTOR MANUFACTURING 4.68%
First American Government Obligations Fund 12/01/2031 0.07%BROADCOM INC 4.61%
Cash & Other -0.02%LAM RESEARCH 3.85%
INTEL CORPORATION 3.01%
SNOWFLAKE 2.97%

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 Sep 18, 2026 and Sep 21, 2026.

Performance, window by window

AIHY and BAI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
AIHYBAIAIHYBAIAIHYBAI
3 monthsnot published−15.2%not published−17.4 ptsnot published−12.7 pts
6 monthsnot published+34.8%not published+16.8 ptsnot published+10.6 pts
1 yearnot published+32.2%not published+15.7 ptsnot published+10.4 pts
Since launch+8.7%+83.4%+6.7 pts+49.9 pts+7.0 pts+36.7 pts
Open the live comparison on ETFIQ
AIHY and BAI on the same fields, as of Sep 18, 2026. Source: ETFIQ.
AIHY
Defiance AI Hyperscale Leaders ETF
Holds 10 stocks in aI infrastructure and chips, 82% of its weight in S&P 500 companies
BAI
iShares A.I. Innovation and Tech Active ETF
Holds 55 stocks in artificial intelligence, 56% of its weight in S&P 500 companies
IssuerDefianceiShares
ThemeAI infrastructure and chipsArtificial intelligence
In the S&P 50081.8%55.6%
Active share vs the S&P 50086.5%76.4%
In the Nasdaq-10079.1%50.0%
Holdings1055
Top ten, share of the fund100.0%42.2%
Expense ratio0.76%0.55%
Fee for the differing part0.88%0.72%
Total return, 1 year+8.7% (since launch on Jul 21, 2026)+32.2%
vs the S&P 500+6.7 pts+15.7 pts
vs the Nasdaq-100+7.0 pts+10.4 pts
Below its high−0.6%−16.8%
Net assets$10m$14.4bn

AIHY in plain words

By weight, 82% of AIHY's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 86%. The top ten holdings are 100% of the fund across 10 positions, as published by its issuer for Sep 21, 2026. Since it launched on Jul 21, 2026 the fund returned +8.7% with distributions reinvested against +2.0% for the S&P 500, so a holder was ahead by 6.7 pts.

BAI in plain words

By weight, 56% 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 55 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +32.2% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 15.7 pts. It sits 16.8% below its all-time high of Jun 22, 2026.

Questions people ask

Do AIHY and BAI hold the same stocks?
By their latest filings, 10% 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, AIHY or BAI?
AIHY has 82% of its weight in S&P 500 names and BAI has 56%, so AIHY differs more from the index.
Which is cheaper, AIHY or BAI?
AIHY charges 0.76% a year and BAI charges 0.55%, so BAI 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.

AIHY against BAI, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, AIHY against BAI, data as of Sep 18, 2026. https://etfiq.com/compare/themes/aihy-vs-bai Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources