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Data as of .

BAI vs KAIT: which is really different?

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

iShares A.I. Innovation and Tech Active ETF and KraneShares Asia AI Technology ETF.

55.6%BAI in the S&P 500
0.0%KAIT in the S&P 500
+32.2%BAI total return, 1 year
+3.8%KAIT total return, 1 year

ETFIQ Off-Index Score: KAIT scores higher

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

BAI 8.6KAIT 91.80.1, the lowest in this set91.8, the highest

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

BAI44% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
56%44%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 76% · top ten 42% of the fund · 55 holdings filed Sep 17, 2026 · Nasdaq-100: 50% in56%44%in the S&P 500outsideactive share 76% · top ten 42% of the fund
KAIT100% of its weight is outside the S&P 500 · since launch to Sep 18, 2026
0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 41% of the fund · 52 holdings filed Sep 18, 2026 · Nasdaq-100: 0% in0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 41% of the fund

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

What they hold in common

By the books each fund has filed, BAI and KAIT hold 8% of their money in the same securities at the same weight.

Positions BAI and KAIT both hold, largest shared weight first
HoldingBAIKAIT
ASIA VITAL COMPONENTS2.45%4.30%
Only in each
Only in BAIOnly in KAIT
MICRON TECHNOLOGY 6.62%TAIWAN SEMICONDUCTOR MANUFAC 6.16%
NVIDIA 5.31%SK HYNIX INC 5.67%
ADVANCED MICRO DEVICES 5.20%SAMSUNG ELECTRONICS CO LTD 4.96%
TAIWAN SEMICONDUCTOR MANUFACTURING 4.68%ADVANTEST CORP 4.05%
BROADCOM INC 4.61%AURAS TECHNOLOGY CO LTD 3.71%
LAM RESEARCH 3.85%LAND MARK OPTOELECTRONICS 3.61%
SPACE EXPLORATION TECHNOLOGIES COR 3.05%HANMI SEMICONDUCTOR CO LTD 3.01%
INTEL CORPORATION 3.01%TOKYO ELECTRON LTD 2.68%

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.

Performance, window by window

BAI and KAIT over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
BAIKAITBAIKAITBAIKAIT
3 months−15.2%not published−17.4 ptsnot published−12.7 ptsnot published
6 months+34.8%not published+16.8 ptsnot published+10.6 ptsnot published
1 year+32.2%not published+15.7 ptsnot published+10.4 ptsnot published
Since launch+83.4%+3.8%+49.9 pts+4.5 pts+36.7 pts+3.1 pts
Open the live comparison on ETFIQ
BAI and KAIT on the same fields, as of Sep 18, 2026. Source: ETFIQ.
BAI
iShares A.I. Innovation and Tech Active ETF
Holds 55 stocks in artificial intelligence, 56% of its weight in S&P 500 companies
KAIT
KraneShares Asia AI Technology ETF
Holds 52 stocks in artificial intelligence, 0% of its weight in S&P 500 companies
IssueriSharesKraneShares
ThemeArtificial intelligenceArtificial intelligence
In the S&P 50055.6%0.0%
Active share vs the S&P 50076.4%100.0%
In the Nasdaq-10050.0%0.0%
Holdings5552
Top ten, share of the fund42.2%40.6%
Expense ratio0.55%not published
Fee for the differing part0.72%not published
Total return, 1 year+32.2%+3.8% (since launch on Aug 19, 2026)
vs the S&P 500+15.7 pts+4.5 pts
vs the Nasdaq-100+10.4 pts+3.1 pts
Below its high−16.8%−1.1%
Net assets$14.4bn$5m

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.

KAIT in plain words

By weight, 0% of KAIT's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 41% of the fund across 52 positions, as published by its issuer for Sep 18, 2026. Since it launched on Aug 19, 2026 the fund returned +3.8% with distributions reinvested against −0.7% for the S&P 500, so a holder was ahead by 4.5 pts.

Questions people ask

Do BAI and KAIT hold the same stocks?
By their latest filings, 8% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, BAI or KAIT?
BAI has 56% of its weight in S&P 500 names and KAIT has 0%, so KAIT differs more from the index.

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 KAIT, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, BAI against KAIT, data as of Sep 18, 2026. https://etfiq.com/compare/themes/bai-vs-kait Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources