Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

BAI vs ITA: which is really different?

ITA holds 79.5% of its weight in S&P 500 companies and BAI 54.8%.

iShares A.I. Innovation and Tech Active ETF and iShares U.S. Aerospace & Defense ETF, side by side, thematic ETFs on ETFIQ.

54.8%BAI in the S&P 500
79.5%ITA in the S&P 500
+32.3%BAI total return, 1 year
+10.0%ITA total return, 1 year

ETFIQ Off-Index Score: ITA scores higher

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

BAI 8.8ITA 48.20.1, 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
ITA21% of its weight is outside the S&P 500 · 1 year to Sep 11, 2026
80%21%of its weight in S&P 500 companiesoutside the S&P 500active share 98% · top ten 78% of the fund · 51 holdings filed Sep 10, 2026 · Nasdaq-100: 3% in80%21%in the S&P 50021% of its weight outside the S&P 500active share 98% · top ten 78% of the fund

What they hold in common

By the books each fund has filed, BAI and ITA hold 0% of their money in the same securities at the same weight.

Positions BAI and ITA both hold, largest shared weight first
HoldingBAIITA
BLK CSH FND TREASURY SL AGENCY0.61%0.06%
Largest positions each one holds and the other does not
Only in BAIOnly in ITA
MICRON TECHNOLOGY 6.48%GE AEROSPACE 21.81%
NVIDIA 5.32%RTX 17.21%
ADVANCED MICRO DEVICES 4.77%BOEING 9.36%
BROADCOM INC 4.75%GENERAL DYNAMICS CORP 4.82%
TAIWAN SEMICONDUCTOR MANUFACTURING 4.69%LOCKHEED MARTIN CORP 4.69%
LAM RESEARCH 4.06%NORTHROP GRUMMAN CORP 4.44%
SPACE EXPLORATION TECHNOLOGIES COR 3.01%TRANSDIGM GROUP 4.31%
SNOWFLAKE 3.00%HOWMET AEROSPACE 4.24%

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 ITA over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
BAIITABAIITABAIITA
3 months−9.1%−6.3%−12.3 pts−9.6 pts−8.3 pts−5.5 pts
6 months+34.1%−4.4%+18.1 pts−20.4 pts+13.4 pts−25.1 pts
1 year+32.3%+10.0%+14.8 pts−7.5 pts+9.3 pts−13.0 pts
3 yearsnot published+103.7%not published+25.8 ptsnot published+8.6 pts
Since launch+80.9%+906.7%+47.2 pts+102.3 pts+35.4 pts−767.2 pts
Open the live comparison on ETFIQ
BAI and ITA 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
ITA
iShares U.S. Aerospace & Defense ETF
Holds 51 stocks in defense, 80% of its weight in S&P 500 companies
IssueriSharesiShares
ThemeArtificial intelligenceDefense
In the S&P 50054.8%79.5%
Active share vs the S&P 50076.5%97.9%
In the Nasdaq-10049.5%3.0%
Holdings5251
Top ten, share of the fund41.8%77.5%
Expense ratio0.55%0.37%
Fee for the differing part0.72%0.38%
Total return, 1 year+32.3%+10.0%
vs the S&P 500+14.8 pts−7.5 pts
vs the Nasdaq-100+9.3 pts−13.0 pts
Below its high−17.9%−13.5%

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.

ITA in plain words

By weight, 80% of ITA's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 78% of the fund across 51 positions, as published by its issuer for Sep 10, 2026. Over the year to Sep 11, 2026 the fund returned +10.0% with distributions reinvested against +17.5% for the S&P 500, so a holder was behind by 7.5 pts. It sits 13.5% below its all-time high of Aug 14, 2026.

Questions people ask

Which is more different from the S&P 500, BAI or ITA?
BAI has 55% of its weight in S&P 500 names and ITA has 80%, so ITA differs more from the index.
Which is cheaper, BAI or ITA?
BAI charges 0.55% a year and ITA charges 0.37%, so ITA 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 ITA, 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 ITA, data as of Sep 11, 2026. https://etfiq.com/compare/themes/bai-vs-ita Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources