BAI vs MILN
iShares AI Innovation and Tech Active ETF vs Global X Millennial Consumer ETF
Which is better, BAI or MILN?
BAI has been ahead.
MILN has a lower expense ratio. BAI led over 1Y and the full window. MILN is less concentrated, with 33.8% 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 | MILN |
|---|---|---|
| Expense Ratio | 0.55% | 0.50%Best |
| AUM | $14.2B | $89M |
| Dividend Yield | 1.26% | 0.33% |
| Holdings | 55 | 164 |
| YTD Return | +30.13%Best | -7.25% |
| 1Y Return | +30.79%Best | -10.86% |
| 3Y Return (annualized) | - | +12.75% |
| 5Y Return (annualized) | - | -0.22% |
| Volatility (annualized) | 37.4% | 17.7%Best |
| Max Drawdown | -34.1% | -23.5%Best |
| $10,000 over 2 years | $18,007Best | $10,161 |
| Top 10 Weight | 42.0% | 33.8%Best |
| Fund Family | iShares by BlackRock (US) | Global X by mirae Asset |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Oct 21, 2024 | May 4, 2016 |
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 MILN 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 MILN Performance
iShares AI Innovation and Tech Active ETF (BAI) is an ETF from iShares by BlackRock (US) and Global X Millennial Consumer ETF (MILN) is an ETF from Global X by mirae Asset. Over the past year BAI returned +30.79% while MILN returned -10.86%. Year to date, BAI is up 30.13% versus a loss of 7.25% for MILN.
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 17.7% for MILN. 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 -23.5% for MILN. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.37. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BAI charges 0.55% per year while MILN charges 0.50%. On a $10,000 position that is $55 vs $50 annually, a gap of $5 per year that compounds over a long holding period. On income, BAI currently yields 1.26% against 0.33% for MILN.
Holdings Overlap
4.5% of BAI's money is in holdings MILN also owns. 6.5% of MILN's money is in holdings BAI also owns.
MILN and BAI share little of their money.
2 positions in common, counted across the 50 positions we hold weights for in BAI and 80 in MILN, against full books of 55 and 164.
What only one of them owns
Our book lists 76 positions for MILN that do not appear in our book for BAI (89.3% of the fund), and 34 for BAI that do not appear in MILN (69.5%).
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.
You are not choosing between two funds in isolation.
Whichever of BAI and MILN you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BAI or MILN?
BAI has an expense ratio of 0.55% while MILN charges 0.50%. MILN is the cheaper option, by $5 a year on a $10,000 investment.
Which performed better, BAI or MILN?
Over the past year BAI returned +30.79% vs -10.86% for MILN, so BAI leads on 1-year performance. Over the longest common window we track (2 years), BAI annualized +34.19% vs +0.80% for MILN. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BAI or MILN?
BAI has been the more volatile fund at 37.4% annualized versus 17.7% for MILN. Worst drawdown: BAI -34.1% vs MILN -23.5%.
Should I hold both BAI and MILN?
BAI and MILN have a monthly-return correlation of 0.37, 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 MILN?
6.5% of MILN's money is in holdings BAI also owns. 6.5% of MILN's is in holdings BAI also owns. They hold 2 positions in common, counted across the 50 positions we hold weights for in BAI and 80 in MILN.
Which pays a higher dividend, BAI or MILN?
BAI yields 1.26% while MILN yields 0.33%, so BAI currently pays the higher dividend yield.
Is MILN better than BAI?
MILN has a lower expense ratio. BAI led over 1Y and the full window. MILN is less concentrated, with 33.8% 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.