BAI vs POWA
iShares AI Innovation and Tech Active ETF vs Invesco Bloomberg Pricing Power ETF
Which is better, BAI or POWA?
Large Cap Growth against Large Cap Blend.
POWA has a lower expense ratio. BAI led over 1Y and the full window. POWA is less concentrated, with 22.9% 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 | POWA |
|---|---|---|
| Expense Ratio | 0.55% | 0.40%Best |
| AUM | $14.2B | $162M |
| Dividend Yield | 1.26% | 0.98% |
| Holdings | 55 | 106 |
| YTD Return | +30.13%Best | -0.75% |
| 1Y Return | +30.79%Best | -0.04% |
| 3Y Return (annualized) | - | +10.97% |
| 5Y Return (annualized) | - | +6.65% |
| Volatility (annualized) | 37.4% | 10.8%Best |
| Max Drawdown | -34.1% | -15.7%Best |
| $10,000 over 2 years | $18,007Best | $10,704 |
| Top 10 Weight | 42.0% | 22.9%Best |
| Fund Family | iShares by BlackRock (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Oct 21, 2024 | Dec 15, 2006 |
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 POWA 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
BAI vs POWA Performance
iShares AI Innovation and Tech Active ETF (BAI) is an ETF from iShares by BlackRock (US) and Invesco Bloomberg Pricing Power ETF (POWA) is an ETF from Invesco (US). Over the past year BAI returned +30.79% while POWA returned -0.04%. Year to date, BAI is up 30.13% versus a loss of 0.75% for POWA.
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 POWA. 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 -15.7% for POWA. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.21. They move largely independently of each other.
Fees and Cost Over Time
BAI charges 0.55% per year while POWA charges 0.40%. On a $10,000 position that is $55 vs $40 annually, a gap of $15 per year that compounds over a long holding period. On income, BAI currently yields 1.26% against 0.98% for POWA.
Holdings Overlap
2.1% of BAI's money is in holdings POWA also owns. 2.3% of POWA's money is in holdings BAI also owns.
POWA and BAI share little of their money.
1 positions in common, counted across the 50 positions we hold weights for in BAI and 51 in POWA, against full books of 55 and 106.
What only one of them owns
Our book lists 50 positions for POWA that do not appear in our book for BAI (97.7% of the fund), and 35 for BAI that do not appear in POWA (71.9%).
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 POWA | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 2.13% | 2.26% | 0.13% |
You are not choosing between two funds in isolation.
Whichever of BAI and POWA 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 POWA?
BAI has an expense ratio of 0.55% while POWA charges 0.40%. POWA is the cheaper option, by $15 a year on a $10,000 investment.
Which performed better, BAI or POWA?
Over the past year BAI returned +30.79% vs -0.04% for POWA, so BAI leads on 1-year performance. Over the longest common window we track (2 years), BAI annualized +34.19% vs +3.46% for POWA. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BAI or POWA?
BAI has been the more volatile fund at 37.4% annualized versus 10.8% for POWA. Worst drawdown: BAI -34.1% vs POWA -15.7%.
Should I hold both BAI and POWA?
BAI and POWA have a monthly-return correlation of 0.21, 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 POWA?
2.3% of POWA's money is in holdings BAI also owns. 2.3% of POWA's is in holdings BAI also owns. They hold 1 positions in common, counted across the 50 positions we hold weights for in BAI and 51 in POWA.
Which pays a higher dividend, BAI or POWA?
BAI yields 1.26% while POWA yields 0.98%, so BAI currently pays the higher dividend yield.
Is POWA better than BAI?
POWA has a lower expense ratio. BAI led over 1Y and the full window. POWA is less concentrated, with 22.9% 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.