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Data as of .

AIS vs BAI: which is really different?

AIS and BAI hold 36% of their weight in the same names, and AIS returned more over the year.

VistaShares Artificial Intelligence Supercycle ETF and iShares A.I. Innovation and Tech Active ETF.

41.2%AIS in the S&P 500
55.6%BAI in the S&P 500
+107.6%AIS total return, 1 year
+32.2%BAI total return, 1 year

ETFIQ Off-Index Score: AIS scores higher

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

AIS 23.4BAI 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

AIS59% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
41%59%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 89% · top ten 46% of the fund · 60 holdings filed Sep 21, 2026 · Nasdaq-100: 33% in41%59%in the S&P 500outside the S&P 500active share 89% · top ten 46% 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

36% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, AIS and BAI hold 36% of their money in the same securities at the same weight.

Positions AIS and BAI both hold, largest shared weight first
HoldingAISBAI
Micron Technology Inc7.19%6.62%
Advanced Micro Devices Inc5.52%5.20%
Taiwan Semiconductor Manufacturing Co Ltd3.62%4.68%
Intel Corp3.35%3.01%
MARVELL TECHNOLOGY INC4.01%2.48%
NVIDIA Corp2.02%5.31%
Arista Networks Inc1.95%2.23%
Sandisk Corp1.91%2.59%
Western Digital Corp1.11%2.52%
Credo Technology Group Holding Ltd0.83%1.58%
Broadcom Inc0.69%4.61%
Super Micro Computer Inc0.64%0.97%
Only in each
Only in AISOnly in BAI
SK hynix Inc 8.24%LAM RESEARCH 3.85%
Semtech Corp 4.68%SPACE EXPLORATION TECHNOLOGIES COR 3.05%
Vertiv Holdings Co 3.22%SNOWFLAKE 2.97%
Silicon Motion Technology Corp 3.15%ALPHABET CLASS A 2.47%
Foxconn Industrial Internet Co Ltd 2.67%ASIA VITAL COMPONENTS 2.45%
GE Vernova Inc 2.60%ELITE MATERIAL 2.43%
Seagate Technology Holdings PLC 2.44%MICROSOFT 2.09%
Samsung Electronics Co Ltd 2.13%TOWER SEMICONDUCTOR 2.08%

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

AIS 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
AISBAIAISBAIAISBAI
3 months−15.6%−15.2%−17.8 pts−17.4 pts−13.1 pts−12.7 pts
6 months+67.5%+34.8%+49.5 pts+16.8 pts+43.3 pts+10.6 pts
1 year+107.6%+32.2%+91.1 pts+15.7 pts+85.9 pts+10.4 pts
Since launch+188.0%+83.4%+159.0 pts+49.9 pts+147.2 pts+36.7 pts
Open the live comparison on ETFIQ
AIS and BAI on the same fields, as of Sep 18, 2026. Source: ETFIQ.
AIS
VistaShares Artificial Intelligence Supercycle ETF
Holds 60 stocks in artificial intelligence, 41% 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
IssuerVistaSharesiShares
ThemeArtificial intelligenceArtificial intelligence
In the S&P 50041.2%55.6%
Active share vs the S&P 50088.9%76.4%
In the Nasdaq-10032.8%50.0%
Holdings6055
Top ten, share of the fund45.6%42.2%
Expense ratio0.75%0.55%
Fee for the differing part0.84%0.72%
Total return, 1 year+107.6%+32.2%
vs the S&P 500+91.1 pts+15.7 pts
vs the Nasdaq-100+85.9 pts+10.4 pts
Below its high−18.3%−16.8%
Net assets$1.0bn$14.4bn

AIS in plain words

By weight, 41% of AIS's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 89%. The top ten holdings are 46% of the fund across 60 positions, as published by its issuer for Sep 21, 2026. Over the year to Sep 18, 2026 the fund returned +107.6% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 91.1 pts. It sits 18.3% below its all-time high of Jun 22, 2026.

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 AIS and BAI hold the same stocks?
By their latest filings, 36% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, AIS or BAI?
AIS has 41% of its weight in S&P 500 names and BAI has 56%, so AIS differs more from the index.
Which is cheaper, AIS or BAI?
AIS charges 0.75% 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.

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

How every figure is computed · Standards and sources