AMOM vs BAI
Qraft AI-Enhanced US Large Cap Momentum ETF vs iShares AI Innovation and Tech Active ETF
Which is better, AMOM or BAI?
BAI has been ahead.
BAI has a lower expense ratio. BAI led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.94. AMOM is less concentrated, with 36.9% of the fund in its ten largest positions against 42.0%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AMOM | BAI |
|---|---|---|
| Expense Ratio | 0.75% | 0.55%Best |
| AUM | $23M | $14.2B |
| Dividend Yield | 0.00% | 1.26% |
| Holdings | 102 | 55 |
| YTD Return | +19.96% | +30.13%Best |
| 1Y Return | +21.68% | +30.79%Best |
| 3Y Return (annualized) | +24.92% | - |
| 5Y Return (annualized) | +11.23% | - |
| Volatility (annualized) | 24.5%Best | 37.4% |
| Max Drawdown | -30.3%Best | -34.1% |
| $10,000 over 2 years | $13,605 | $18,007Best |
| Top 10 Weight | 36.9%Best | 42.0% |
| Fund Family | QRAFT AI ETFs | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | May 20, 2019 | Oct 21, 2024 |
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Oct 22, 2024 to Oct 14, 2026 (2 years).
AMOM vs BAI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2 years both funds cover.
AMOM vs BAI Performance
Qraft AI-Enhanced US Large Cap Momentum ETF (AMOM) is an ETF from QRAFT AI ETFs and iShares AI Innovation and Tech Active ETF (BAI) is an ETF from iShares by BlackRock (US). Over the past year AMOM returned +21.68% while BAI returned +30.79%. Year to date, AMOM is up 19.96% versus a gain of 30.13% for BAI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BAI has been the more volatile fund, with annualized monthly volatility of 37.4% compared with 24.5% for AMOM. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -30.3% for AMOM and -34.1% for BAI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
AMOM charges 0.75% per year while BAI charges 0.55%. On a $10,000 position that is $75 vs $55 annually, a gap of $20 per year that compounds over a long holding period. On income, AMOM currently yields 0.00% against 1.26% for BAI.
Holdings Overlap
37.8% of AMOM's money is in holdings BAI also owns. 44.1% of BAI's money is in holdings AMOM also owns.
The two portfolios partly overlap.
14 positions in common, counted across the 50 positions we hold weights for in AMOM and 50 in BAI, against full books of 102 and 55.
What only one of them owns
Our book lists 22 positions for BAI that do not appear in our book for AMOM (29.9% of the fund), and 36 for AMOM that do not appear in BAI (61.8%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in AMOM | Weight in BAI | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 8.55% | 5.30% | 3.25% |
| MUMicron Technology, Inc. | 3.23% | 6.46% | 3.23% |
| AVGOBroadcom Inc | 3.89% | 4.75% | 0.86% |
| AMDAdvanced Micro Devices Inc. | 3.12% | 4.87% | 1.75% |
| LRCXLam Research Corp | 1.39% | 4.05% | 2.66% |
| ANETArista Networks Inc Common Stock | 2.70% | 2.27% | 0.43% |
| LITELumentum Holdings Inc | 2.02% | 2.87% | 0.85% |
| INTCIntel Corp. | 1.88% | 2.90% | 1.02% |
| CRWDCrowdstrike Ho-a | 2.82% | 1.82% | 1.00% |
| WDCWestern Digital Corp. | 1.95% | 2.60% | 0.65% |
44.1% of BAI is already inside AMOM.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
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Frequently Asked Questions
Which is cheaper, AMOM or BAI?
AMOM has an expense ratio of 0.75% while BAI charges 0.55%. BAI is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, AMOM or BAI?
Over the past year AMOM returned +21.68% vs +30.79% for BAI, so BAI leads on 1-year performance. Over the longest common window we track (2 years), AMOM annualized +16.64% vs +34.19% for BAI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AMOM or BAI?
BAI has been the more volatile fund at 37.4% annualized versus 24.5% for AMOM. Worst drawdown: AMOM -30.3% vs BAI -34.1%.
Should I hold both AMOM and BAI?
AMOM and BAI have a monthly-return correlation of 0.94, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between AMOM and BAI?
44.1% of BAI's money is in holdings AMOM also owns. 44.1% of BAI's is in holdings AMOM also owns. They hold 14 positions in common, counted across the 50 positions we hold weights for in AMOM and 50 in BAI.
Which pays a higher dividend, AMOM or BAI?
AMOM yields 0.00% while BAI yields 1.26%, so BAI currently pays the higher dividend yield.
Is BAI better than AMOM?
BAI has a lower expense ratio. BAI led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.94. AMOM is less concentrated, with 36.9% of the fund in its ten largest positions against 42.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.