BAI vs OALC
iShares AI Innovation and Tech Active ETF vs OneAscent Large Cap Core ETF
Which is better, BAI or OALC?
BAI has been ahead.
OALC has a lower expense ratio. BAI led over 1Y and the full window. OALC is less concentrated, with 33.2% 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 | OALC |
|---|---|---|
| Expense Ratio | 0.55% | 0.49%Best |
| AUM | $14.4B | $265M |
| Dividend Yield | 1.34% | 0.52% |
| Holdings | 55 | 424 |
| YTD Return | +36.84%Best | +17.64% |
| 1Y Return | +33.06%Best | +21.66% |
| 3Y Return (annualized) | - | +23.21% |
| 5Y Return (annualized) | - | +11.31% |
| Volatility (annualized) | 36.9% | 13.6%Best |
| Max Drawdown | -34.1% | -17.6%Best |
| $10,000 over 2 years | $18,961Best | $14,359 |
| Top 10 Weight | 42.0% | 33.2%Best |
| Fund Family | iShares by BlackRock (US) | OneAscent Investments |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 21, 2024 | Nov 15, 2021 |
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 13, 2026 (2 years).
BAI vs OALC 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 OALC Performance
iShares AI Innovation and Tech Active ETF (BAI) is an ETF from iShares by BlackRock (US) and OneAscent Large Cap Core ETF (OALC) is an ETF from OneAscent Investments. Over the past year BAI returned +33.06% while OALC returned +21.66%. Year to date, BAI is up 36.84% versus a gain of 17.64% for OALC.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BAI has been the more volatile fund, with annualized monthly volatility of 36.9% compared with 13.6% for OALC. 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 -17.6% for OALC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BAI charges 0.55% per year while OALC charges 0.49%. On a $10,000 position that is $55 vs $49 annually, a gap of $6 per year that compounds over a long holding period. On income, BAI currently yields 1.34% against 0.52% for OALC.
Holdings Overlap
50.8% of BAI's money is in holdings OALC also owns. 31.3% of OALC's money is in holdings BAI also owns.
The two portfolios partly overlap.
16 positions in common, counted across the 50 positions we hold weights for in BAI and 211 in OALC, against full books of 55 and 424.
What only one of them owns
Our book lists 194 positions for OALC that do not appear in our book for BAI (67.7% of the fund), and 20 for BAI that do not appear in OALC (23.2%).
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 OALC | Difference |
|---|---|---|---|
| NVDANvidia Corp | 5.30% | 8.10% | 2.80% |
| MSFTMicrosoft Corp | 2.13% | 6.13% | 4.00% |
| MUMicron Technology, Inc. | 6.46% | 1.71% | 4.75% |
| AVGOBroadcom Inc | 4.75% | 2.68% | 2.07% |
| AMDAdvanced Micro Devices Inc | 4.87% | 1.31% | 3.56% |
| AMZNAmazon.Com Inc | 2.05% | 3.93% | 1.88% |
| GOOGLAlphabet Inc,class A | 2.49% | 3.17% | 0.68% |
| LRCXLrcx Uw Equity | 4.05% | 0.65% | 3.40% |
| INTCIntel Corporation | 2.90% | 0.77% | 2.13% |
| LITELumentum Holdings Inc | 2.87% | 0.17% | 2.70% |
50.8% of BAI is already inside OALC.
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 OALC?
BAI has an expense ratio of 0.55% while OALC charges 0.49%. OALC is the cheaper option, by $6 a year on a $10,000 investment.
Which performed better, BAI or OALC?
Over the past year BAI returned +33.06% vs +21.66% for OALC, so BAI leads on 1-year performance. Over the longest common window we track (2 years), BAI annualized +37.70% vs +19.83% for OALC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BAI or OALC?
BAI has been the more volatile fund at 36.9% annualized versus 13.6% for OALC. Worst drawdown: BAI -34.1% vs OALC -17.6%.
Should I hold both BAI and OALC?
BAI and OALC have a monthly-return correlation of 0.82, 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 OALC?
50.8% of BAI's money is in holdings OALC also owns. 31.3% of OALC's is in holdings BAI also owns. They hold 16 positions in common, counted across the 50 positions we hold weights for in BAI and 211 in OALC.
Which pays a higher dividend, BAI or OALC?
BAI yields 1.34% while OALC yields 0.52%, so BAI currently pays the higher dividend yield.
Is OALC better than BAI?
OALC has a lower expense ratio. BAI led over 1Y and the full window. OALC is less concentrated, with 33.2% 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.