BAI vs SPYT
iShares AI Innovation and Tech Active ETF vs Defiance S&P 500 Income Target ETF
Which is better, BAI or SPYT?
BAI has been ahead.
BAI has a lower expense ratio. BAI led over 1Y and the full window.
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 | SPYT |
|---|---|---|
| Expense Ratio | 0.55%Best | 0.92% |
| AUM | $14.2B | $170M |
| Dividend Yield | 1.26% | 20.83% |
| Holdings | 55 | 10 |
| YTD Return | +30.13%Best | +12.99% |
| 1Y Return | +30.79%Best | +15.90% |
| Volatility (annualized) | 37.4% | 11.3%Best |
| Max Drawdown | -34.1% | -18.3%Best |
| $10,000 over 2 years | $18,007Best | $12,803 |
| Fund Family | iShares by BlackRock (US) | Defiance ETFs, LLC |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Oct 21, 2024 | Mar 7, 2024 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
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 SPYT 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 SPYT Performance
iShares AI Innovation and Tech Active ETF (BAI) is an ETF from iShares by BlackRock (US) and Defiance S&P 500 Income Target ETF (SPYT) is an ETF from Defiance ETFs, LLC. Over the past year BAI returned +30.79% while SPYT returned +15.90%. Year to date, BAI is up 30.13% versus a gain of 12.99% for SPYT.
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 11.3% for SPYT. 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 -18.3% for SPYT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BAI charges 0.55% per year while SPYT charges 0.92%. On a $10,000 position that is $55 vs $92 annually, a gap of $37 per year that compounds over a long holding period. On income, BAI currently yields 1.26% against 20.83% for SPYT.
Holdings Overlap
We hold position weights for 50 holdings in BAI and 1 in SPYT, totalling 99.9% and 99.7% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 50 positions we hold weights for in BAI and 1 in SPYT, against full books of 55 and 10.
You are not choosing between two funds in isolation.
Whichever of BAI and SPYT 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 SPYT?
BAI has an expense ratio of 0.55% while SPYT charges 0.92%. BAI is the cheaper option, by $37 a year on a $10,000 investment.
Which performed better, BAI or SPYT?
Over the past year BAI returned +30.79% vs +15.90% for SPYT, so BAI leads on 1-year performance. Over the longest common window we track (2 years), BAI annualized +34.19% vs +13.15% for SPYT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BAI or SPYT?
BAI has been the more volatile fund at 37.4% annualized versus 11.3% for SPYT. Worst drawdown: BAI -34.1% vs SPYT -18.3%.
Should I hold both BAI and SPYT?
BAI and SPYT have a monthly-return correlation of 0.78, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, BAI or SPYT?
BAI yields 1.26% while SPYT yields 20.83%, so SPYT currently pays the higher dividend yield.
Is SPYT better than BAI?
BAI has a lower expense ratio. BAI led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.