BAI vs BALI
iShares AI Innovation and Tech Active ETF vs iShares US Large Cap Premium Income Active ETF
Which is better, BAI or BALI?
BAI has been ahead.
BALI has a lower expense ratio. BAI led over 1Y and the full window. BALI is less concentrated, with 35.0% 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 | BAI | BALI |
|---|---|---|
| Expense Ratio | 0.55% | 0.35%Best |
| AUM | $14.2B | $1.5B |
| Dividend Yield | 1.26% | 7.81% |
| Holdings | 55 | 206 |
| YTD Return | +30.13%Best | +11.92% |
| 1Y Return | +30.79%Best | +15.74% |
| 3Y Return (annualized) | - | +19.08% |
| Volatility (annualized) | 37.4% | 10.4%Best |
| Max Drawdown | -34.1% | -16.6%Best |
| $10,000 over 2 years | $18,007Best | $12,921 |
| Top 10 Weight | 42.0% | 35.0%Best |
| Fund Family | iShares by BlackRock (US) | BlackRock, Inc. (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Oct 21, 2024 | Sep 26, 2023 |
Not shown on this pair: 5Y Return (annualized).
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).
BAI vs BALI 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.
BAI vs BALI Performance
iShares AI Innovation and Tech Active ETF (BAI) is an ETF from iShares by BlackRock (US) and iShares US Large Cap Premium Income Active ETF (BALI) is an ETF from BlackRock, Inc. (US). Over the past year BAI returned +30.79% while BALI returned +15.74%. Year to date, BAI is up 30.13% versus a gain of 11.92% for BALI.
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 10.4% for BALI. 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 -34.1% for BAI and -16.6% for BALI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BAI charges 0.55% per year while BALI charges 0.35%. On a $10,000 position that is $55 vs $35 annually, a gap of $20 per year that compounds over a long holding period. On income, BAI currently yields 1.26% against 7.81% for BALI.
Holdings Overlap
56.5% of BAI's money is in holdings BALI also owns. 30.6% of BALI's money is in holdings BAI also owns.
The two portfolios partly overlap.
22 positions in common, counted across the 50 positions we hold weights for in BAI and 211 in BALI, against full books of 55 and 206.
What only one of them owns
Our book lists 184 positions for BALI that do not appear in our book for BAI (67.8% of the fund), and 14 for BAI that do not appear in BALI (17.5%).
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 BAI | Weight in BALI | Difference |
|---|---|---|---|
| NVDANvidia Corp | 5.30% | 7.35% | 2.05% |
| MUMicron Technology, Inc. | 6.46% | 1.34% | 5.12% |
| MSFTMicrosoft Corp | 2.13% | 5.39% | 3.26% |
| AVGOBroadcom Inc | 4.75% | 2.25% | 2.50% |
| AMDAdvanced Micro Devices Inc | 4.87% | 1.04% | 3.83% |
| AMZNAmazon.Com Inc | 2.05% | 3.40% | 1.35% |
| GOOGLAlphabet Inc | 2.49% | 2.53% | 0.04% |
| LRCXLrcx Uw Equity | 4.05% | 0.85% | 3.20% |
| INTCIntel Corporation | 2.90% | 0.55% | 2.35% |
| SNOWSnowflake Inc | 2.99% | 0.07% | 2.92% |
56.5% of BAI is already inside BALI.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BAI or BALI?
BAI has an expense ratio of 0.55% while BALI charges 0.35%. BALI is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, BAI or BALI?
Over the past year BAI returned +30.79% vs +15.74% for BALI, so BAI leads on 1-year performance. Over the longest common window we track (2 years), BAI annualized +34.19% vs +13.67% for BALI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BAI or BALI?
BAI has been the more volatile fund at 37.4% annualized versus 10.4% for BALI. Worst drawdown: BAI -34.1% vs BALI -16.6%.
Should I hold both BAI and BALI?
BAI and BALI have a monthly-return correlation of 0.70, 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 BAI and BALI?
56.5% of BAI's money is in holdings BALI also owns. 30.6% of BALI's is in holdings BAI also owns. They hold 22 positions in common, counted across the 50 positions we hold weights for in BAI and 211 in BALI.
Which pays a higher dividend, BAI or BALI?
BAI yields 1.26% while BALI yields 7.81%, so BALI currently pays the higher dividend yield.
Is BALI better than BAI?
BALI has a lower expense ratio. BAI led over 1Y and the full window. BALI is less concentrated, with 35.0% 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.