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Data as of .

BAI vs FDN: which is really different?

FDN holds 82.4% of its weight in S&P 500 companies and BAI 54.8%.

iShares A.I. Innovation and Tech Active ETF and First Trust Dow Jones Internet Index Fund, side by side, thematic ETFs on ETFIQ.

54.8%BAI in the S&P 500
82.4%FDN in the S&P 500
+32.3%BAI total return, 1 year
+1.9%FDN total return, 1 year

ETFIQ Off-Index Score: FDN scores higher

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

BAI 8.8FDN 19.10.1, the lowest in this set91.6, the highest

A percentile among the 371 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
FDN18% of its weight is outside the S&P 500 · 1 year to Sep 11, 2026
82%18%of its weight in S&P 500 companiesoutsideactive share 86% · top ten 61% of the fund · 42 holdings filed Sep 10, 2026 · Nasdaq-100: 57% in82%18%in the S&P 50018% of its weight outside the S&P 500active share 86% · top ten 61% of the fund

What they hold in common

By the books each fund has filed, BAI and FDN 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 FDN
MICRON TECHNOLOGY 6.48%Meta Platforms, Inc. (Class A) 10.43%
NVIDIA 5.32%Amazon.com, Inc. 9.78%
ADVANCED MICRO DEVICES 4.77%Cisco Systems, Inc. 7.25%
BROADCOM INC 4.75%Salesforce, Inc. 5.91%
TAIWAN SEMICONDUCTOR MANUFACTURING 4.69%Arista Networks, Inc. 5.18%
LAM RESEARCH 4.06%Alphabet Inc. (Class A) 4.79%
SPACE EXPLORATION TECHNOLOGIES COR 3.01%Booking Holdings Inc. 4.51%
SNOWFLAKE 3.00%Oracle Corporation 4.44%

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 10, 2026.

Performance, window by window

BAI and FDN over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
BAIFDNBAIFDNBAIFDN
3 months−9.1%+9.3%−12.3 pts+6.0 pts−8.3 pts+10.1 pts
6 months+34.1%+20.3%+18.1 pts+4.3 pts+13.4 pts−0.4 pts
1 year+32.3%+1.9%+14.8 pts−15.6 pts+9.3 pts−21.0 pts
3 yearsnot published+69.5%not published−8.4 ptsnot published−25.6 pts
Since launch+80.9%+1031.5%+47.2 pts+227.1 pts+35.4 pts−642.4 pts
Open the live comparison on ETFIQ
BAI and FDN 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
FDN
First Trust Dow Jones Internet Index Fund
Holds 42 stocks in internet and e-commerce, 82% of its weight in S&P 500 companies
IssueriSharesFirst Trust
ThemeArtificial intelligenceInternet and e-commerce
In the S&P 50054.8%82.4%
Active share vs the S&P 50076.5%85.5%
In the Nasdaq-10049.5%57.1%
Holdings5242
Top ten, share of the fund41.8%60.5%
Expense ratio0.55%0.49%
Fee for the differing part0.72%0.57%
Total return, 1 year+32.3%+1.9%
vs the S&P 500+14.8 pts−15.6 pts
vs the Nasdaq-100+9.3 pts−21.0 pts
Below its high−17.9%−2.1%

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.

FDN in plain words

By weight, 82% of FDN'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 60% of the fund across 42 positions, as published by its issuer for Sep 10, 2026. Over the year to Sep 11, 2026 the fund returned +1.9% with distributions reinvested against +17.5% for the S&P 500, so a holder was behind by 15.6 pts.

Questions people ask

Which is more different from the S&P 500, BAI or FDN?
BAI has 55% of its weight in S&P 500 names and FDN has 82%, so FDN differs more from the index.
Which is cheaper, BAI or FDN?
BAI charges 0.55% a year and FDN charges 0.49%, so FDN 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 FDN, 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 FDN, data as of Sep 11, 2026. https://etfiq.com/compare/themes/bai-vs-fdn Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources