Data as of .
BAI vs XAIX: which is really different?
BAI and XAIX hold 30% of their weight in the same names, and XAIX returned more over the year.
ETFIQ Off-Index Score: BAI scores higher
How much of it is not the index it is sold as an alternative to?
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
30% 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 XAIX hold 30% of their money in the same securities at the same weight.
| Holding | BAI | XAIX |
|---|---|---|
| MICRON TECHNOLOGY | 6.62% | 9.03% |
| NVIDIA | 5.31% | 3.73% |
| INTEL CORPORATION | 3.01% | 4.92% |
| ALPHABET CLASS A | 2.47% | 4.00% |
| MICROSOFT | 2.09% | 3.07% |
| AMAZON.COM INC | 1.99% | 3.86% |
| ARISTA NETWORKS | 2.23% | 1.62% |
| CROWDSTRIKE HOLDINGS CLASS A | 2.06% | 1.62% |
| PALO ALTO NETWORKS | 1.54% | 1.74% |
| WESTERN DIGITAL CORP | 2.52% | 1.31% |
| SNOWFLAKE | 2.97% | 0.83% |
| TWILIO CLASS A | 0.80% | 0.23% |
| Only in BAI | Only in XAIX |
|---|---|
| ADVANCED MICRO DEVICES 5.20% | SAMSUNG ELECTRONICS CO LTD 8.32% |
| TAIWAN SEMICONDUCTOR MANUFACTURING 4.68% | SK HYNIX INC 7.69% |
| BROADCOM INC 4.61% | CISCO SYSTEMS INC 4.13% |
| LAM RESEARCH 3.85% | APPLE INC 3.78% |
| SPACE EXPLORATION TECHNOLOGIES COR 3.05% | ORACLE CORP 3.55% |
| LUMENTUM HOLDINGS 2.84% | META PLATFORMS INC 3.15% |
| SANDISK 2.59% | BANK OF AMERICA CORP 3.09% |
| MARVELL TECHNOLOGY 2.48% | PALANTIR TECHNOLOGIES INC 2.90% |
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 May 31, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| BAI | XAIX | BAI | XAIX | BAI | XAIX | |
| 3 months | −15.2% | −1.3% | −17.4 pts | −3.6 pts | −12.7 pts | +1.1 pts |
| 6 months | +34.8% | +41.6% | +16.8 pts | +23.6 pts | +10.6 pts | +17.3 pts |
| 1 year | +32.2% | +39.6% | +15.7 pts | +23.0 pts | +10.4 pts | +17.8 pts |
| Since launch | +83.4% | +101.2% | +49.9 pts | +54.6 pts | +36.7 pts | +38.8 pts |
| BAI iShares A.I. Innovation and Tech Active ETF Holds 55 stocks in artificial intelligence, 56% of its weight in S&P 500 companies | XAIX Xtrackers Artificial Intelligence and Big Data ETF Holds 91 stocks in artificial intelligence, 71% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | iShares | Xtrackers |
| Theme | Artificial intelligence | Artificial intelligence |
| In the S&P 500 | 55.6% | 70.6% |
| Active share vs the S&P 500 | 76.4% | 72.0% |
| In the Nasdaq-100 | 50.0% | 50.2% |
| Holdings | 55 | 91 |
| Top ten, share of the fund | 42.2% | 53.0% |
| Expense ratio | 0.55% | 0.35% |
| Fee for the differing part | 0.72% | 0.49% |
| Total return, 1 year | +32.2% | +39.6% |
| vs the S&P 500 | +15.7 pts | +23.0 pts |
| vs the Nasdaq-100 | +10.4 pts | +17.8 pts |
| Below its high | −16.8% | −4.9% |
| Net assets | $14.4bn | $174m |
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.
XAIX in plain words
By weight, 71% of XAIX's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 72%. The top ten holdings are 53% of the fund across 91 positions, as filed for May 31, 2026. Over the year to Sep 18, 2026 the fund returned +39.6% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 23.0 pts.
Questions people ask
- Do BAI and XAIX hold the same stocks?
- By their latest filings, 30% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, BAI or XAIX?
- BAI has 56% of its weight in S&P 500 names and XAIX has 71%, so BAI differs more from the index.
- Which is cheaper, BAI or XAIX?
- BAI charges 0.55% a year and XAIX charges 0.35%, so XAIX 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.
Cite this page. ETFIQ, BAI against XAIX, data as of Sep 18, 2026. https://etfiq.com/compare/themes/bai-vs-xaix Free to use with attribution; the underlying files are at Open data.