Data as of .
AIX vs BAI: which is really different?
AIX and BAI hold 37% of their weight in the same names.
ETFIQ Off-Index Score: BAI scores higher
How much of it is not the index it is sold as an alternative to?
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
37% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, AIX and BAI hold 37% of their money in the same securities at the same weight.
| Holding | AIX | BAI |
|---|---|---|
| Micron Technology Inc | 5.27% | 6.62% |
| Advanced Micro Devices Inc | 5.69% | 5.20% |
| Nvidia Corp | 5.07% | 5.31% |
| Broadcom Inc | 4.44% | 4.61% |
| Space Exploration Technologies Corp | 4.75% | 3.05% |
| Intel Corp | 4.64% | 3.01% |
| Marvell Technology Inc | 3.34% | 2.48% |
| Alphabet Inc | 4.49% | 2.47% |
| Microsoft Corp | 5.73% | 2.09% |
| Amazon.com Inc | 4.84% | 1.99% |
| Tesla Inc | 4.38% | 0.92% |
| Coreweave Inc | 0.67% | 1.63% |
| Only in AIX | Only in BAI |
|---|---|
| Palantir Technologies Inc 6.26% | TAIWAN SEMICONDUCTOR MANUFACTURING 4.68% |
| Meta Platforms Inc 5.38% | LAM RESEARCH 3.85% |
| Apple Inc 5.30% | SNOWFLAKE 2.97% |
| Arm Holdings Plc 4.11% | LUMENTUM HOLDINGS 2.84% |
| Texas Instruments Inc 3.76% | SANDISK 2.59% |
| Kla Corp 3.60% | WESTERN DIGITAL CORP 2.52% |
| Qualcomm Inc 2.87% | ASIA VITAL COMPONENTS 2.45% |
| Analog Devices Inc 2.80% | ELITE MATERIAL 2.43% |
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
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| AIX | BAI | AIX | BAI | AIX | BAI | |
| 3 months | not published | −15.2% | not published | −17.4 pts | not published | −12.7 pts |
| 6 months | not published | +34.8% | not published | +16.8 pts | not published | +10.6 pts |
| 1 year | not published | +32.2% | not published | +15.7 pts | not published | +10.4 pts |
| Since launch | −4.6% | +83.4% | −6.9 pts | +49.9 pts | −2.6 pts | +36.7 pts |
| AIX Defiance US 100 Tech AI Moat ETF Holds 32 stocks in artificial intelligence, 88% 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 | |
|---|---|---|
| Issuer | Defiance | iShares |
| Theme | Artificial intelligence | Artificial intelligence |
| In the S&P 500 | 88.0% | 55.6% |
| Active share vs the S&P 500 | 64.0% | 76.4% |
| In the Nasdaq-100 | 94.3% | 50.0% |
| Holdings | 32 | 55 |
| Top ten, share of the fund | 52.9% | 42.2% |
| Expense ratio | 0.65% | 0.55% |
| Fee for the differing part | 1.02% | 0.72% |
| Total return, 1 year | −4.6% (since launch on Jun 30, 2026) | +32.2% |
| vs the S&P 500 | −6.9 pts | +15.7 pts |
| vs the Nasdaq-100 | −2.6 pts | +10.4 pts |
| Below its high | −4.6% | −16.8% |
| Net assets | $482,327 | $14.4bn |
AIX in plain words
By weight, 88% of AIX's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 64%. The top ten holdings are 53% of the fund across 32 positions, as published by its issuer for Sep 21, 2026. Since it launched on Jun 30, 2026 the fund returned −4.6% with distributions reinvested against +2.3% for the S&P 500, so a holder was behind by 6.9 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 AIX and BAI hold the same stocks?
- By their latest filings, 37% 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, AIX or BAI?
- AIX has 88% of its weight in S&P 500 names and BAI has 56%, so BAI differs more from the index.
- Which is cheaper, AIX or BAI?
- AIX charges 0.65% 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.
Cite this page. ETFIQ, AIX against BAI, data as of Sep 18, 2026. https://etfiq.com/compare/themes/aix-vs-bai Free to use with attribution; the underlying files are at Open data.