Do BAI and PBOT hold the same stocks?

By their latest filings, 22% 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 PBOT?

BAI has 51% of its weight in S&P 500 names and PBOT has 61%, so PBOT differs more from the index.

Which is cheaper, BAI or PBOT?

BAI charges 0.55% a year and PBOT charges 0.70%, so BAI is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Thematic ETFs

BAI vs PBOT: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, BAI returned +5.2% to PBOT's +17.1%; 22% of their weight is in the same names.

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Net assets: $11.9bn on Nov 3, 2026 for iShares A.I. Innovation and Tech Active ETF, and $14m on Jun 30, 2026 for Pictet AI & Automation ETF.

BAI on its own →PBOT on its own →

At a glance

51.3%

BAI in the S&P 500

60.7%

PBOT in the S&P 500

+5.2%

BAI total return, 1 year

+17.1%

PBOT total return, 1 year

BAI · 1 year to Nov 4, 2026 49% of its weight is outside the S&P 500

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

PBOT · 1 year to Nov 4, 2026 39% of its weight is outside the S&P 500

61% of PBOT's weight is in S&P 500 companies and 39% is outside the index. Holdings as of Jun 30, 2026.

Pair scorecard

BAI costs 0.15 points a year less; their one-year returns differ by 11.9 points.

Points (pts) are percentage points.

BAI vs PBOT: Holdings Overlap & Returns
Measure	BAI	PBOT
Return
Measure	BAI	PBOT
Total return, 1 year	+5.2%	+17.1%
Drawdown
Measure	BAI	PBOT
Below its all-time high	31.3%, high on Jun 22, 2026	17.2%, high on Oct 6, 2026
Against its benchmark
Measure	BAI	PBOT
What it tracks	Artificial intelligence	Artificial intelligence
Its benchmark, total return, 1 year	+32.9%	+15.0%
Against its benchmark, 1 year	behind by 27.7 pts	ahead by 2.1 pts
Cost and size
Measure	BAI	PBOT
Expense ratio	0.55%	0.70%
Net assets, BAI as of Nov 3, 2026 and PBOT as of Jun 30, 2026	$11.9bn	$14m
Holdings
Measure	BAI	PBOT
Holdings in common	22%

ETFIQ S&P 500 Difference Score · PBOT scores higher How much of its weight does it not share with the S&P 500?

IQ Themes Score25.9BAI38.2PBOT

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

BAI 25.9

PBOT 38.2

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

22%

By the books each fund has filed, BAI and PBOT hold 22% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 3, 2026.

50%

0 half 100%

half

22% in common

Positions both hold · largest shared weight first BAI PBOT

BROADCOM INC 4.64% 6.31%

NVIDIA 5.92% 3.13%

SNOWFLAKE 3.12% 4.71%

CROWDSTRIKE HOLDINGS CLASS A 2.52% 4.62%

LAM RESEARCH 3.45% 2.20%

MICRON TECHNOLOGY 6.01% 2.11%

PALO ALTO NETWORKS 1.86% 4.55%

ADVANCED MICRO DEVICES 5.32% 1.44%

AKAMAI TECHNOLOGIES INC 0.92% 1.41%

ELASTIC 0.99% 0.54%

Only in one fund ↓

Only in BAI

TAIWAN SEMICONDUCTOR MANUFACTURING 5.15%

SPACE EXPLORATION TECHNOLOGIES COR 3.92%

MICROSOFT 2.81%

AMAZON.COM INC 2.60%

ELITE MATERIAL 2.41%

ASIA VITAL COMPONENTS 2.37%

WESTERN DIGITAL CORP 2.31%

ARISTA NETWORKS 2.30%

Only in PBOT

ALPHABET INC-CL A 6.83%

KLA CORP 6.33%

TAIWAN SEMICONDUCTOR-SP ADR 6.31%

ASML HOLDING NV /EUR 5.75%

INFINEON TECHNOLOGIES AG /EUR 3.90%

CLOUDFLARE INC - CLASS A 2.92%

FORTINET INC 2.39%

NXP SEMICONDUCTORS NV 2.20%

Check overlap with more funds →

Window by window

Window by window: BAI vs PBOT: Holdings Overlap & Returns
	Total return		vs its benchmark
Window	BAI	PBOT	BAI	PBOT
3 months	−15.8%	−8.8%	−6.6 pts vs ARTY	−7.5 pts vs ACWI
6 months	−19.2%	+5.5%	−16.0 pts vs ARTY	+2.9 pts vs ACWI
1 year	+5.2%	+17.1%	−27.7 pts vs ARTY	+2.1 pts vs ACWI
Since launchNot the same days: BAI Oct 2024 · PBOT Oct 2025	+51.4%	+20.9%	−34.2 pts vs ARTY	+4.4 pts vs ACWI

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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 PBOT Pictet AI & Automation ETF · Holds 44 stocks in artificial intelligence, 61% of its weight in S&P 500 companies

Issuer iShares Pictet

Theme Artificial intelligence Artificial intelligence

In the S&P 500 51.3% 60.7%

Active share vs the S&P 500 76.7% 82.1%

In the Nasdaq-100 47.0% 51.8%

Holdings 51 44

Top ten, share of the fund 42.9% 52.5%

Expense ratio 0.55% 0.70%

Fee for the differing part 0.72% 0.85%

Total return, 1 year +5.2% +17.1%

vs its benchmark −27.7 pts vs ARTY +2.1 pts vs ACWI

Below its high −31.3% −17.2%

Net assets, BAI as of Nov 3, 2026 and PBOT as of Jun 30, 2026 $11.9bn $14m

As of Nov 4, 2026. Source: ETFIQ.

22% of the two portfolios are the same securities at the same weight.

Alert

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.

PBOT

By weight, 61% of PBOT's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 82%. The top ten holdings are 52% of the fund across 44 positions, as filed for Jun 30, 2026. Over the year to Nov 4, 2026 the fund returned +17.1% with distributions reinvested against +15.0% for its benchmark, the MSCI All Country World Index, so a holder was ahead by 2.1 pts. It sits 17.2% below its all-time high of Oct 6, 2026.

Questions people ask

Do BAI and PBOT hold the same stocks?: By their latest filings, 22% 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 PBOT?: BAI has 51% of its weight in S&P 500 names and PBOT has 61%, so PBOT differs more from the index.
Which is cheaper, BAI or PBOT?: BAI charges 0.55% a year and PBOT charges 0.70%, so BAI is cheaper. Fees come from each fund's prospectus.

Other comparisons

BAI vs NEWZ BAI vs XA BAI vs LQAI BAI vs AIEQ PBOT vs ROBT PBOT vs WTAI PBOT vs THNQ PBOT vs FAI

Where to next

BAI on its own →PBOT on its own →BAI dividend history →BAI holdings →PBOT dividend history →PBOT holdings →Method →Standards and sources →

Sources and dates

BAI filings on SEC EDGAR ↗

BAI prospectus with the expense ratio (SEC) ↗

iShares page for BAI ↗

PBOT filings on SEC EDGAR ↗

PBOT prospectus with the expense ratio (SEC) ↗

Pictet 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 PBOT, data as of Nov 4, 2026. https://etfiq.com/compare/themes/bai-vs-pbot

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