Data as of Oct 28, 2026.
BAI vs KWEB: Holdings Overlap & Returns
Over the year to Oct 28, 2026, BAI returned +19.6% to KWEB's −40.6%; 0% of their weight is 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 $4.3bn for KraneShares CSI China Internet ETF.
55% of BAI's weight is in S&P 500 companies and 45% is outside the index. Holdings as of Oct 27, 2026.
0% of KWEB's weight is in S&P 500 companies and 100% is outside the index. Holdings as of Oct 28, 2026.
Pair scorecard
BAI costs 0.14 points a year less; their one-year returns differ by 60.2 points; BAI is 3.2 times larger.
Points (pts) are percentage points.
| Measure | BAI | KWEB |
|---|---|---|
| Return | ||
| Total return, 1 year | +19.6% | −40.6% |
| Drawdown | ||
| Below its all-time high | 19.6%, high on Jun 22, 2026 | 73.4%, high on Feb 17, 2021 |
| Against its benchmark | ||
| What it tracks | Artificial intelligence | Internet and e-commerce |
| Its benchmark, total return, 1 year | +47.8% | |
| Against its benchmark, 1 year | behind by 28.2 pts | |
| Cost and size | ||
| Expense ratio | 0.55% | 0.69% |
| Net assets | $13.6bn | $4.3bn |
| Holdings | ||
| Holdings in common | 0% | |
| Top ten holdings, share of the fund | 42% | 62% |
Holdings in common uses holdings dated Oct 27, 2026 and Oct 28, 2026. Method
Risk and return
Nov 1, 2024 to Oct 23, 2026 · 103 weekly returnsBAI returned more: +67.0% to −21.1%. KWEB swung less: 28.4% to 34.4%. BAI fell less at its worst: −33.3% to −42.5%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | BAI | KWEB | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +67.0% | −21.1% | BAI | Price change plus distributions, reinvested. |
| Annualized | +29.5% | −11.3% | BAI | Total return as a yearly rate. |
| Price return | +64.0% | −28.0% | BAI | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 34.4% | 28.4% | KWEB | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 23.4% | 20.5% | KWEB | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −33.3% | −42.5% | BAI | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.81 | −0.42 | BAI | Return above Treasury bills per unit of volatility. |
| Sortino | 1.19 | −0.58 | BAI | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.89 | −0.27 | BAI | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 103 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, BAI and KWEB hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026 and Oct 28, 2026.
half
0% in common
Only in one fund ↓
Window by window
| Total return | vs its benchmark | |||
|---|---|---|---|---|
| Window | BAI | KWEB | BAI | KWEB |
| 3 months | +16.3% | −17.3% | −5.1 pts vs ARTY | not measured |
| 6 months | +5.1% | −17.9% | −17.8 pts vs ARTY | not measured |
| 1 year | +19.6% | −40.6% | −28.2 pts vs ARTY | not measured |
| 3 years | – | −3.2% | – | not measured |
| Since launchNot the same days: BAI Oct 2024 · KWEB Aug 2013 | +77.2% | +12.7% | −33.5 pts vs ARTY | not measured |
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Side by side
As of Oct 28, 2026. Source: ETFIQ.
0% of the two portfolios are the same securities at the same weight.
BAI and KWEB are built for the same job. How do they differ in cost, holdings and results?
- Theme. BAI covers Artificial intelligence and KWEB covers Internet and e-commerce.
- Concentration. The top ten holdings are 42.5% of BAI and 61.5% of KWEB, a gap of 19.0 points.
- What each follows. BAI follows Artificial intelligence and KWEB follows Internet and e-commerce.
Data as of Oct 28, 2026.
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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.
KWEB
By weight, 0% of KWEB'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 62% of the fund across 45 positions, as published by its issuer for Oct 28, 2026. Over the year to Oct 28, 2026 the fund returned −40.6% with distributions reinvested. It sits 73.4% below its all-time high of Feb 17, 2021.
Questions people ask
- Do BAI and KWEB hold the same stocks?
- By their latest filings, 0% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
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.
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ETFIQ, BAI against KWEB, data as of Oct 28, 2026. https://etfiq.com/compare/themes/bai-vs-kweb
ETFIQ. (Oct 28, 2026). BAI against KWEB. Retrieved from https://etfiq.com/compare/themes/bai-vs-kweb
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