ARKW vs BAI

ARKW vs BAI

Which is better, ARKW or BAI?

Each has led over a different period.

BAI has a lower expense ratio. ARKW led over the full window, BAI over 1Y. BAI is less concentrated, with 42.0% of the fund in its ten largest positions against 44.6%.

Lower Fees: BAIHigher Returns: splitLess Concentrated: BAI

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

MetricARKWBAI
Expense Ratio0.76%0.55%Best
AUM$2.0B$14.2B
Dividend Yield1.47%1.26%
Holdings8855
YTD Return+7.08%+30.13%Best
1Y Return-5.81%+30.79%Best
3Y Return (annualized)+44.31%-
5Y Return (annualized)+2.38%-
Volatility (annualized)37.8%37.4%Best
Max Drawdown-36.2%-34.1%Best
$10,000 over 2 years$18,687Best$18,007
Top 10 Weight44.6%42.0%Best
Fund FamilyArk InvestiShares by BlackRock (US)
CategoryEquityEquity
StyleLarge Cap GrowthLarge Cap Growth
InceptionSep 30, 2014Oct 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).

ARKW 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.

Compare ARKW against instead:ARKW vs SPYARKW vs QQQARKW vs VOOARKW vs VTIBAI against:BAI vs VXUS

ARKW vs BAI Performance

ARK Next Generation Technology ETF (ARKW) is an ETF from Ark Invest and iShares AI Innovation and Tech Active ETF (BAI) is an ETF from iShares by BlackRock (US). Over the past year ARKW returned -5.81% while BAI returned +30.79%. Year to date, ARKW is up 7.08% versus a gain of 30.13% for BAI.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

ARKW has been the more volatile fund, with annualized monthly volatility of 37.8% compared with 37.4% for BAI. 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 -36.2% for ARKW 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 0.69. They move together some of the time, and apart the rest.

Fees and Cost Over Time

ARKW charges 0.76% per year while BAI charges 0.55%. On a $10,000 position that is $76 vs $55 annually, a gap of $21 per year that compounds over a long holding period. On income, ARKW currently yields 1.47% against 1.26% for BAI.

Holdings Overlap

ARKW already in BAI37.2%
BAI already in ARKW32.8%

37.2% of ARKW's money is in holdings BAI also owns. 32.8% of BAI's money is in holdings ARKW also owns.

The two portfolios partly overlap.

11 positions in common, counted across the 40 positions we hold weights for in ARKW and 50 in BAI, against full books of 88 and 55.

What only one of them owns

Our book lists 26 positions for BAI that do not appear in our book for ARKW (46.0% of the fund), and 26 for ARKW that do not appear in BAI (54.6%).

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

StockWeight in ARKWWeight in BAIDifference
NVDANvidia Corp4.34%5.30%0.96%
TSLATesla Inc7.27%0.94%6.33%
AMDAdvanced Micro Devices Inc3.11%4.87%1.76%
SPCXSpace Exploration Technologies4.50%3.06%1.44%
AVGOBroadcom Inc2.59%4.75%2.16%
2330:TWTaiwan Semiconductor Manufacturing Co Ltd2.26%4.74%2.48%
CRWVCoreweave, Inc.3.96%1.81%2.15%
AMZNAmazon.Com Inc3.62%2.05%1.57%
CRWDCrowdstrike Holdings Inc2.27%1.82%0.45%
SNOWSnowflake Inc0.99%2.99%2.00%

37.2% of ARKW is already inside BAI.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

ARKWBAI

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Frequently Asked Questions

Which is cheaper, ARKW or BAI?

ARKW has an expense ratio of 0.76% while BAI charges 0.55%. BAI is the cheaper option, by $21 a year on a $10,000 investment.

Which performed better, ARKW or BAI?

Over the past year ARKW returned -5.81% vs +30.79% for BAI, so BAI leads on 1-year performance. Over the longest common window we track (2 years), ARKW annualized +36.70% vs +34.19% for BAI. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, ARKW or BAI?

ARKW has been the more volatile fund at 37.8% annualized versus 37.4% for BAI. Worst drawdown: ARKW -36.2% vs BAI -34.1%.

Should I hold both ARKW and BAI?

ARKW and BAI have a monthly-return correlation of 0.69, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.

What is the holdings overlap between ARKW and BAI?

37.2% of ARKW's money is in holdings BAI also owns. 32.8% of BAI's is in holdings ARKW also owns. They hold 11 positions in common, counted across the 40 positions we hold weights for in ARKW and 50 in BAI.

Which pays a higher dividend, ARKW or BAI?

ARKW yields 1.47% while BAI yields 1.26%, so ARKW currently pays the higher dividend yield.

Is BAI better than ARKW?

BAI has a lower expense ratio. ARKW led over the full window, BAI over 1Y. BAI is less concentrated, with 42.0% of the fund in its ten largest positions against 44.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.