IQ

Data as of Nov 4, 2026.

vsOpen in the appCompare their flowsaskIQ about these two fundsAsk the committee about these two funds
Thematic ETFs

BAI vs IVEP: Holdings Overlap & Returns

Share
Share on XDownload as PDF

BAI and IVEP hold 2% of their weight in the same names.

askIQ about this page

askIQ about BAI and IVEP

Net assets: $11.9bn on Nov 3, 2026 for iShares A.I. Innovation and Tech Active ETF, and $19m on Jul 31, 2026 for Dan IVES Wedbush AI Power & Infrastructure ETF.

BAI on its own →IVEP on its own →
At a glance
51.3%
BAI in the S&P 500
67.0%
IVEP in the S&P 500
+5.2%
BAI total return, 1 year
−12.9%
IVEP total return, since launch, Apr 8, 2026
BAI · 1 year to Nov 4, 2026 49% of its weight is outside the S&P 500
49% of its weight is outside the S&P 50051% of BAI's weight is in S&P 500 companies and 49% is outside the index. Holdings as of Nov 3, 2026.51%49%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 77% · top ten 43% of the fund · 51 holdings as published by its issuer for Nov 3, 2026 · Nasdaq-100: 47% in49% of its weight is outside the S&P 50051% of BAI's weight is in S&P 500 companies and 49% is outside the index. Holdings as of Nov 3, 2026.51%49%in the S&P 500outsideactive share 77% · Nasdaq-100: 47% in

51% of BAI's weight is in S&P 500 companies and 49% is outside the index. Holdings as of Nov 3, 2026.

IVEP · 6 months to Nov 4, 2026 33% of its weight is outside the S&P 500
33% of its weight is outside the S&P 50067% of IVEP's weight is in S&P 500 companies and 33% is outside the index. Holdings as of Jul 31, 2026.67%33%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 97% · top ten 42% of the fund · 30 holdings as filed for Jul 31, 2026 · Nasdaq-100: 12% in33% of its weight is outside the S&P 50067% of IVEP's weight is in S&P 500 companies and 33% is outside the index. Holdings as of Jul 31, 2026.67%33%in the S&P 500outsideactive share 97% · Nasdaq-100: 12% in

67% of IVEP's weight is in S&P 500 companies and 33% is outside the index. Holdings as of Jul 31, 2026.

Pair scorecard

BAI costs 0.20 points a year less.

Points (pts) are percentage points.

BAI vs IVEP: Holdings Overlap & Returns
MeasureBAIIVEP
Return
Total return, 1 year+5.2%not published
Drawdown
Below its all-time high31.3%, high on Jun 22, 202622.3%, high on May 6, 2026
Against its benchmark
What it tracksArtificial intelligenceAI infrastructure and chips
Its benchmark, total return, 1 year+32.9%
Against its benchmark, 1 yearbehind by 27.7 pts
Cost and size
Expense ratio0.55%0.75%
Net assets, BAI as of Nov 3, 2026 and IVEP as of Jul 31, 2026$11.9bn$19m
Holdings
Holdings in common2%
ETFIQ S&P 500 Difference Score · IVEP scores higher How much of its weight does it not share with the S&P 500?
IQ Themes Score25.9BAI79.4IVEP

How different its holdings are from the S&P 500, ranked against 114 thematic ETFs with at least half their money in S&P 500 companies. 100 is best. How it is computed

0.4, the lowest in this set 99.6, the highest

Weight not shared with the S&P 500 only; it says nothing about returns, fees or whether the theme pays off. All thematic ETFs ranked by it →

Method

What they share

2%

By the books each fund has filed, BAI and IVEP hold 2% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Nov 3, 2026.

0 half 100%

half

2% in common

Positions both hold · largest shared weight first BAI IVEP
BLOOM ENERGY CLASS A 1.20% 3.11%
CELESTICA 0.97% 3.03%
Only in one fund ↓
Only in BAI
MICRON TECHNOLOGY 6.01%
NVIDIA 5.92%
ADVANCED MICRO DEVICES 5.32%
TAIWAN SEMICONDUCTOR MANUFACTURING 5.15%
BROADCOM INC 4.64%
SPACE EXPLORATION TECHNOLOGIES COR 3.92%
LAM RESEARCH 3.45%
SNOWFLAKE 3.12%
Only in IVEP
SCHNEIDER ELECTRIC SE 4.68%
EATON CORP PLC 4.34%
SIEMENS ENERGY AG 4.26%
NEXTERA ENERGY INC 4.22%
QUANTA SERVICES INC 4.14%
SOUTHERN COMPANY (THE) 4.14%
CONSTELLATION ENERGY CORP 4.12%
JOHNSON CONTROLS INTERNATIONAL PLC 4.08%
Check overlap with more funds →

Window by window

Window by window: BAI vs IVEP: Holdings Overlap & Returns
Total returnvs its benchmark
WindowBAIIVEPBAIIVEP
3 months−15.8%−14.9%−6.6 pts vs ARTY−14.8 pts vs VOO
6 months−19.2%−22.3%−16.0 pts vs ARTY−27.3 pts vs VOO
1 year+5.2%–−27.7 pts vs ARTY–
Since launchNot the same days: BAI Oct 2024 · IVEP Apr 2026+51.4%−12.9%−34.2 pts vs ARTY−27.0 pts vs VOO

– 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 51 stocks in artificial intelligence, 51% of its weight in S&P 500 companies IVEP Dan IVES Wedbush AI Power & Infrastructure ETF · Holds 30 stocks in aI infrastructure and chips, 67% of its weight in S&P 500 companies
Issuer iShares Wedbush
Theme Artificial intelligence AI infrastructure and chips
In the S&P 500 51.3% 67.0%
Active share vs the S&P 500 76.7% 97.2%
In the Nasdaq-100 47.0% 11.7%
Holdings 51 30
Top ten, share of the fund 42.9% 41.9%
Expense ratio 0.55% 0.75%
Fee for the differing part 0.72% 0.77%
Total return, 1 year +5.2% −12.9% (since launch, Apr 8, 2026)
vs its benchmark −27.7 pts vs ARTY −27.0 pts vs VOO (since launch, Apr 8, 2026)
Below its high −31.3% −22.3%
Net assets, BAI as of Nov 3, 2026 and IVEP as of Jul 31, 2026 $11.9bn $19m

As of Nov 4, 2026. Source: ETFIQ.

2% of the two portfolios are the same securities at the same weight.

Alert

BAI flows, by email on Sundays.

One-click unsubscribe. See Privacy.

About each fund
BAI

By weight, 51% of BAI's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 77%. The top ten holdings are 43% of the fund across 51 positions, as published by its issuer for Nov 3, 2026. Over the year to Nov 4, 2026 the fund returned +5.2% with distributions reinvested against +32.9% for its benchmark, the Morningstar Global Artificial Intelligence Select Index, so a holder was behind by 27.7 pts. It sits 31.3% below its all-time high of Jun 22, 2026.

IVEP

By weight, 67% of IVEP'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 42% of the fund across 30 positions, as filed for Jul 31, 2026. Since it first traded on Apr 8, 2026 the fund returned −12.9% with distributions reinvested. It sits 22.3% below its all-time high of May 6, 2026.

Questions people ask

Do BAI and IVEP hold the same stocks?
By their latest filings, 2% 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 IVEP?
BAI has 51% of its weight in S&P 500 names and IVEP has 67%, so IVEP differs more from the index.
Which is cheaper, BAI or IVEP?
BAI charges 0.55% a year and IVEP charges 0.75%, so BAI is cheaper. Fees come from each fund's prospectus.
Other comparisons
BAI vs AIHYBAI vs CHPXBAI vs TCAIBAI vs COOLIVEP vs FAIIVEP vs XAIXIVEP vs JHAIIVEP vs WISE
Where to next
BAI on its own →IVEP on its own →BAI dividend history →BAI holdings →IVEP holdings →Method →Standards and sources →
Sources and dates
BAI filings on SEC EDGAR ↗
BAI prospectus with the expense ratio (SEC) ↗
iShares page for BAI ↗
IVEP filings on SEC EDGAR ↗
IVEP prospectus with the expense ratio (SEC) ↗
Wedbush website ↗

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

How this is computed

It is a place in a set, not a rating or a recommendation.

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 IVEP, data as of Nov 4, 2026. https://etfiq.com/compare/themes/bai-vs-ivep

Open data →

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