BAI vs GPIX
iShares AI Innovation and Tech Active ETF vs Goldman Sachs S&P 500 Premium Income ETF
Which is better, BAI or GPIX?
Large Cap Growth against Large Cap Blend.
GPIX has a lower expense ratio. BAI led over 1Y and the full window. GPIX is less concentrated, with 38.9% 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 | BAI | GPIX |
|---|---|---|
| Expense Ratio | 0.55% | 0.29%Best |
| AUM | $14.2B | $6.3B |
| Dividend Yield | 1.26% | 8.16% |
| Holdings | 55 | 496 |
| YTD Return | +30.13%Best | +13.52% |
| 1Y Return | +30.79%Best | +17.92% |
| 3Y Return (annualized) | - | +23.39% |
| Volatility (annualized) | 37.4% | 10.8%Best |
| Max Drawdown | -34.1% | -17.5%Best |
| $10,000 over 2 years | $18,007Best | $13,551 |
| Top 10 Weight | 42.0% | 38.9%Best |
| Fund Family | iShares by BlackRock (US) | Goldman Sachs Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Oct 21, 2024 | Oct 24, 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 GPIX 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 GPIX Performance
iShares AI Innovation and Tech Active ETF (BAI) is an ETF from iShares by BlackRock (US) and Goldman Sachs S&P 500 Premium Income ETF (GPIX) is an ETF from Goldman Sachs Asset Management. Over the past year BAI returned +30.79% while GPIX returned +17.92%. Year to date, BAI is up 30.13% versus a gain of 13.52% for GPIX.
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 10.8% for GPIX. 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 -17.5% for GPIX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BAI charges 0.55% per year while GPIX charges 0.29%. On a $10,000 position that is $55 vs $29 annually, a gap of $26 per year that compounds over a long holding period. On income, BAI currently yields 1.26% against 8.16% for GPIX.
Holdings Overlap
51.4% of BAI's money is in holdings GPIX also owns. 31.0% of GPIX's money is in holdings BAI also owns.
The two portfolios partly overlap.
18 positions in common, counted across the 50 positions we hold weights for in BAI and 491 in GPIX, against full books of 55 and 496.
What only one of them owns
Our book lists 450 positions for GPIX that do not appear in our book for BAI (68.6% of the fund), and 18 for BAI that do not appear in GPIX (22.6%).
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
| Stock | Weight in BAI | Weight in GPIX | Difference |
|---|---|---|---|
| NVDANvidia Corp | 5.30% | 8.14% | 2.84% |
| MUMicron Technology, Inc. | 6.46% | 1.69% | 4.77% |
| MSFTMicrosoft Corp | 2.13% | 5.50% | 3.37% |
| AVGOBroadcom Inc | 4.75% | 2.51% | 2.24% |
| AMDAdvanced Micro Devices Inc | 4.87% | 1.28% | 3.59% |
| AMZNAmazon.Com Inc | 2.05% | 3.83% | 1.78% |
| GOOGLAlphabet Inc | 2.49% | 3.25% | 0.76% |
| LRCXLrcx Uw Equity | 4.05% | 0.61% | 3.44% |
| INTCIntel Corporation | 2.90% | 0.76% | 2.14% |
| LITELumentum Holdings Inc | 2.87% | 0.11% | 2.76% |
51.4% of BAI is already inside GPIX.
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, BAI or GPIX?
BAI has an expense ratio of 0.55% while GPIX charges 0.29%. GPIX is the cheaper option, by $26 a year on a $10,000 investment.
Which performed better, BAI or GPIX?
Over the past year BAI returned +30.79% vs +17.92% for GPIX, so BAI leads on 1-year performance. Over the longest common window we track (2 years), BAI annualized +34.19% vs +16.41% for GPIX. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BAI or GPIX?
BAI has been the more volatile fund at 37.4% annualized versus 10.8% for GPIX. Worst drawdown: BAI -34.1% vs GPIX -17.5%.
Should I hold both BAI and GPIX?
BAI and GPIX have a monthly-return correlation of 0.77, 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 GPIX?
51.4% of BAI's money is in holdings GPIX also owns. 31.0% of GPIX's is in holdings BAI also owns. They hold 18 positions in common, counted across the 50 positions we hold weights for in BAI and 491 in GPIX.
Which pays a higher dividend, BAI or GPIX?
BAI yields 1.26% while GPIX yields 8.16%, so GPIX currently pays the higher dividend yield.
Is GPIX better than BAI?
GPIX has a lower expense ratio. BAI led over 1Y and the full window. GPIX is less concentrated, with 38.9% 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.