Do BAI and DRAM hold the same stocks?

By their latest filings, 8% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.

Which is more different from the S&P 500, BAI or DRAM?

BAI has 55% of its weight in S&P 500 names and DRAM has 16%, so DRAM differs more from the index.

Which is cheaper, BAI or DRAM?

BAI charges 0.55% a year and DRAM charges 0.65%, so BAI is cheaper. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Thematic ETFs

BAI vs DRAM: Holdings Overlap & Returns

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BAI and DRAM hold 8% of their weight in the same names.

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Net assets on Oct 28, 2026: $13.6bn for iShares A.I. Innovation and Tech Active ETF and $20.6bn for Roundhill Memory ETF.

BAI on its own →DRAM on its own →

At a glance

55.3%

BAI in the S&P 500

15.7%

DRAM in the S&P 500

+19.6%

BAI total return, 1 year

+95.0%

DRAM total return, since launch, Apr 2, 2026

BAI · 1 year to Oct 28, 2026 45% of its weight is outside the S&P 500

55% of BAI's weight is in S&P 500 companies and 45% is outside the index. Holdings as of Oct 27, 2026.

DRAM · 6 months to Oct 28, 2026 84% of its weight is outside the S&P 500

16% of DRAM's weight is in S&P 500 companies and 84% is outside the index. Holdings as of Jun 30, 2026.

Pair scorecard

BAI costs 0.10 points a year less; DRAM is 1.5 times larger.

Points (pts) are percentage points.

BAI vs DRAM: Holdings Overlap & Returns
Measure	BAI	DRAM
Return
Measure	BAI	DRAM
Total return, 1 year	+19.6%	not published
Drawdown
Measure	BAI	DRAM
Below its all-time high	19.6%, high on Jun 22, 2026	33.0%, high on Jun 22, 2026
Against its benchmark
Measure	BAI	DRAM
What it tracks	Artificial intelligence	Memory and storage
Its benchmark, total return, 1 year	+47.8%
Against its benchmark, 1 year	behind by 28.2 pts
Cost and size
Measure	BAI	DRAM
Expense ratio	0.55%	0.65%
Net assets	$13.6bn	$20.6bn
Holdings
Measure	BAI	DRAM
Holdings in common	8%
Top ten holdings, share of the fund	42%	56%

Holdings in common uses holdings dated Jun 30, 2026 and Oct 27, 2026. Method

Risk and return

Apr 10, 2026 to Oct 23, 2026 · 28 weekly returns

BAI DRAM

Return

Total return edge DRAM +6.5% +45.1%

Price return edge DRAM +6.5% +45.1%

Risk

Max drawdown edge BAI −24.0% −39.4%

Reading

DRAM returned more: +45.1% to +6.5%. BAI fell less at its worst: −24.0% to −39.4%.

Full scorecard

3 measures, with how each is measured Open ↓

Risk and return: BAI vs DRAM: Holdings Overlap & Returns
Measure	BAI	DRAM	Edge	How it is measured
Return
Total return	+6.5%	+45.1%	DRAM	Price change plus distributions, reinvested.
Price return	+6.5%	+45.1%	DRAM	Price change alone, distributions left out.
Risk
Max drawdown	−24.0%	−39.4%	BAI	Deepest fall from a high to the low after it.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 28 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, BAI and DRAM hold 8% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Oct 27, 2026.

50%

0 half 100%

half

8% in common

Positions both hold · largest shared weight first BAI DRAM

WESTERN DIGITAL CORP 2.28% 4.30%

MICRON TECHNOLOGY 6.21% 2.03%

SANDISK 1.98% 5.21%

SK HYNIX 1.37% 15.89%

Only in one fund ↓

Only in BAI

NVIDIA 5.61%

ADVANCED MICRO DEVICES 5.54%

TAIWAN SEMICONDUCTOR MANUFACTURING 5.00%

BROADCOM INC 4.50%

LAM RESEARCH 3.43%

SPACE EXPLORATION TECHNOLOGIES COR 3.40%

SNOWFLAKE 3.21%

MARVELL TECHNOLOGY 2.79%

Only in DRAM

Samsung Electronics Co Ltd 14.37%

Kioxia Holdings Corp 4.36%

Seagate Technology Holdings PL 4.19%

GigaDevice Semiconductor Inc 3.07%

Nanya Technology Corp 1.81%

Winbond Electronics Corp 1.11%

Phison Electronics Corp 0.63%

Macronix International Co Ltd 0.35%

Check overlap with more funds →

Window by window

Window by window: BAI vs DRAM: Holdings Overlap & Returns
	Total return		vs its benchmark
Window	BAI	DRAM	BAI	DRAM
3 months	+16.3%	+20.7%	−5.1 pts vs ARTY	not measured
6 months	+5.1%	+41.6%	−17.8 pts vs ARTY	not measured
1 year	+19.6%	–	−28.2 pts vs ARTY	–
Since launchNot the same days: BAI Oct 2024 · DRAM Apr 2026	+77.2%	+95.0%	−33.5 pts vs ARTY	not measured

– means no data for this window. Open this comparison in the app →

Side by side

BAI iShares A.I. Innovation and Tech Active ETF · Holds 49 stocks in artificial intelligence, 55% of its weight in S&P 500 companies DRAM Roundhill Memory ETF · Holds 12 stocks in memory and storage, 16% of its weight in S&P 500 companies

Issuer iShares Roundhill

Theme Artificial intelligence Memory and storage

In the S&P 500 55.3% 15.7%

Active share vs the S&P 500 75.9% 96.8%

In the Nasdaq-100 50.1% 15.7%

Holdings 49 12

Top ten, share of the fund 42.5% 56.4%

Expense ratio 0.55% 0.65%

Fee for the differing part 0.72% 0.67%

Total return, 1 year +19.6% +95.0% (since launch, Apr 2, 2026)

vs its benchmark −28.2 pts vs ARTY not measured

Below its high −19.6% −33.0%

Net assets $13.6bn $20.6bn

As of Oct 28, 2026. Source: ETFIQ.

8% of the two portfolios are the same securities at the same weight.

Client brief

No client brief for this pair: ETFIQ prints no one-year total return for DRAM; the two funds' holdings are dated 119 days apart.

Alert

About each fund

BAI

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 49 positions, as published by its issuer for Oct 27, 2026. Over the year to Oct 28, 2026 the fund returned +19.6% with distributions reinvested against +47.8% for its benchmark, the Morningstar Global Artificial Intelligence Select Index, so a holder was behind by 28.2 pts. It sits 19.6% below its all-time high of Jun 22, 2026.

DRAM

By weight, 16% of DRAM's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 97%. The top ten holdings are 56% of the fund across 12 positions, as filed for Jun 30, 2026. Since it first traded on Apr 2, 2026 the fund returned +95.0% with distributions reinvested. It sits 33.0% below its all-time high of Jun 22, 2026.

Questions people ask

Do BAI and DRAM hold the same stocks?: By their latest filings, 8% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, BAI or DRAM?: BAI has 55% of its weight in S&P 500 names and DRAM has 16%, so DRAM differs more from the index.
Which is cheaper, BAI or DRAM?: BAI charges 0.55% a year and DRAM charges 0.65%, so BAI is cheaper. Fees come from each fund's prospectus.

Other comparisons

BAI vs CIBR BAI vs SOXX BAI vs SMH BAI vs ARKG DRAM vs ARTY DRAM vs AIQ DRAM vs IGV DRAM vs GDX

Where to next

All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →BAI on its own →DRAM on its own →BAI dividend history →BAI holdings →DRAM holdings →Method →Standards and sources →

Sources and dates

BAI filings on SEC EDGAR ↗

BAI prospectus with the expense ratio (SEC) ↗

iShares page for BAI ↗

DRAM filings on SEC EDGAR ↗

DRAM prospectus with the expense ratio (SEC) ↗

Roundhill page for DRAM ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, BAI against DRAM, data as of Oct 28, 2026. https://etfiq.com/compare/themes/bai-vs-dram

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.