iShares A.I. Innovation and Tech Active ETF
$47.02−0.60 (−1.27%)
History starts Oct 22, 2024.
- Expense ratio
- 0.65%
- Fund size
- $15.3B
- 1Y return
- +37.7%
- Yield · Last 12 months
- 1.25%
- Holdings
- 49
- Volume · 30D
- 3.8M sh
- NAV per share
- $47.66
- 52W range
The ETF.net BAI Grade
Score 56 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.CScore 53Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.DScore 32Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.FScore 22Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 78Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 68Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 84Category rank
Our read on BAI
BBlackRock's stock-picker answer to AI index funds: roughly 40 global names chosen across the whole AI stack, from the chips and data centers underneath to the software built on top. Active conviction, priced near the passive crowd.
The fund seeks active exposure to companies enabling, developing, and deploying advanced artificial-intelligence technologies across infrastructure, intelligence, and applications and services.
Why people hold it
- Active by design: a manager picks roughly 40 global names across AI infrastructure, intelligence, and applications, instead of taking whatever an index rulebook lets in.ishares.com
- The 0.65% fee sits near the middle of the AI cohort, not at the premium usually charged for swapping an index rulebook for a stock picker.
- A multi-billion-dollar, actively traded fund, so it is one of the smoother AI thematic names to move in and out of.
- The hands-on sibling in the iShares AI lineup alongside ARTY, and one of the stronger-standing options in a crowded 26-fund AI peer group.
Worth knowing
- Roughly 40 stocks in a single theme means a bumpier ride than a broad tech fund; a few names can steer the whole portfolio.
- Launched in October 2024, so there is only a short record to judge the manager's calls by.
- Index-based AI rivals charge less: XAIX 0.35%, QTUM 0.40%, ARTY 0.47%, versus 0.65% here. That gap is what active selection costs.
BAI Holdings
- Stocks
- 49
- 42%
- MU
Sectors
- Technology89.5%
- Industrials3.9%
- Consumer Discr.3.0%
- Communication2.8%
- Materials0.8%
Geography
- United States73.39%
- Taiwan (Province of China)18.83%
- Israel2.08%
- Korea (the Republic of)1.82%
- Cayman Islands1.58%
- Canada0.84%
- Netherlands0.78%
- Japan0.67%
Developed 9% · Emerging 91%
BAI Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
BAI$13,773
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | BAI |
|---|---|
| Year to date | +43.0% |
| 1 month | +7.5% |
| 3 months | −12.2% |
| 1 year | +37.7% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | BAI |
|---|---|---|
| 2026 YTD | +43.0% | |
| 2025 | +25.2% | |
| 2024 | +8.1% |
BAI in the news
BAI Dividends
- 1.25%
- $0.59
- $0.59 per share
- Twice a year
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Dec 16, 2025 | Dec 19, 2025 | $0.59 |
| Jun 16, 2025 | Jun 20, 2025 | $0.004 |
BAI Risk
- 38.3%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.94
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −34.1%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 2.38
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
BAI Cost
0.65%
BAI0.65%
- The middle half of Artificial Intelligence funds
- Median 0.65%
12 of the 30 Artificial Intelligence funds charge less.