iShares A.I. Innovation and Tech Active ETF
$46.28−0.56 (−1.20%)
- 0.65%
- $14.3B
- +39.5%
- 1.27%
- 3.9M sh
- $46.86
- low $30.82high $54.46
The ETF.net BAI Grade
B
Score 57 out of 100
- 11 of 30
Score 57 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.C53 out of 100Rank 13 of 30Mission
Whether the fund did what it promised, tested against its stated mandate.D31 out of 100Rank 10 of 10Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D28 out of 100Rank 23 of 27Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A81 out of 100Rank 2 of 30Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B67 out of 100Rank 9 of 27Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A84 out of 100Rank 4 of 30
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
- 52
- 42%
- MU
Sectors
- Technology90.0%
- Industrials4.3%
- Consumer Discretionary2.8%
- Communication2.1%
- Materials0.7%
Geography
- United States72.20%
- Taiwan (Province of China)19.89%
- Israel1.95%
- Cayman Islands1.74%
- Korea (the Republic of)1.61%
- Canada0.96%
- Netherlands0.84%
- Japan0.81%
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.
Not enough history yet.Not enough history yet.Not enough history yet.
BAI$13,952
Returns run to the Oct 12, 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 | +40.7% |
| 1 month | +5.2% |
| 3 months | −1.8% |
| 1 year | +39.5% |
| 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 | +40.7% | |
| 2025 | +25.2% | |
| 2024 | +8.1% |
BAI in the news
BAI Dividends
- 1.27%
- $0.59
- $0.59 per share
- Twice a year
Distribution history
BAI Risk
- 37.5%
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.
- 1.02
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.
- 2.33
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.
Other funds in Artificial Intelligence
- BFAIFirst Trust Exchange-Traded Fund II - First Trust Bloomberg Artificial Intelligence ETFExpense ratio 0.65%1 year return +45.6%
- BWISEThemes Generative Artificial Intelligence ETFExpense ratio 0.35%1 year return −17.5%
- BJHAIJanus Henderson Global Artificial Intelligence ETFExpense ratio 0.59%1 year return +33.1%
- CTHNQROBO Global Artificial Intelligence ETFExpense ratio 0.75%1 year return +50.3%
- CTEKYLazard Next Gen Technologies ETFExpense ratio 0.60%1 year return +23.1%