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AIHY vs BAI

Defiance AI Hyperscale Leaders ETF

AIHYBNYSE Arca

iShares A.I. Innovation and Tech Active ETF

BAIBNYSE Arca

Overlap

Expense ratio

AIHY −0.18pt a year

AIHY0.37%BAI0.55%

Avg volume · 30D

BAI 155.4×the volume

AIHY23.6KBAI3.67M

AIHY vs BAI Performance

Jul 31, 2026 – Oct 30, 2026

−1.5%AIHY−5.1%BAI

Jul 31, 2026 to Oct 30, 2026. AIHY −1.5%. BAI −5.1%. Use the arrow keys to read each point.5%10%15%20%Jul 2026Sep 2026Oct 2026
Expense ratio
AIHY 0.37%, better
BAI 0.55%
Fund size
AIHY $17M
BAI $12.2B
1Y total return
AIHY No data
BAI +6.7%
Yield (12M)
AIHY No data
BAI 1.51%
Holdings
AIHY 13
BAI 53
Avg volume (30D)
AIHY 23.6K sh
BAI 3.67M sh, better
NAV per share
AIHY $20.01
BAI $39.25
52W range

ETF.net Grade

AIHY: Cost 90, Risk 73, Mission not scored, Tradability 56, Holdings 25, Durability 41. BAI: Cost 74, Risk 28, Mission 30, Tradability 78, Holdings 65, Durability 83.
Pillar letters and Scores for AIHY, BAI, with each pillar’s weight
PillarAIHYBAI
Cost30% weightA90HigherA74
Mission25% weightNot scoredD30
Risk15% weightA73HigherD28
Tradability15% weightB56A78Higher
Holdings10% weightD25B65Higher
Durability5% weightC41A83Higher

Rank among Artificial Intelligence funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. AIHY and BAI are both graded against the same 30 Artificial Intelligence funds, so their Grades compare head to head.

Artificial Intelligence⁠

Category · 30 funds
See all 30 ›

AIHY ranks 4th and BAI 5th of 30 funds in the Artificial Intelligence Category.

  1. Rank 1AQTUMDefiance Quantum ETFScore 79
  2. Rank 1AXAIXXtrackers Artificial Intelligence and Big Data ETFScore 79
  3. Rank 3AARTYiShares Future AI & Tech ETFScore 72
  4. Rank 4BAIHYDefiance AI Hyperscale Leaders ETFScore 67
  5. Rank 5BBAIiShares A.I. Innovation and Tech Active ETFScore 65
  6. Rank 6BIGPTInvesco AI and Next Gen Software ETFScore 64

Our read on each fund

ETF.net Research

AIHYBDefiance AI Hyperscale Leaders ETF

BAIBiShares A.I. Innovation and Tech Active ETF

In short

AIHY No data

BAI BlackRock's hands-on answer to AI index funds: about 50 global names chosen across the AI tech stack, from infrastructure to the apps on top. Fee is 0.55% net of a waiver through June 30, 2028, below the typical AI thematic fund.

Stated mandate

AIHY No data

BAI 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

AIHY No data

  • BAI Active by design: managers pick across the AI tech stack (infrastructure, intelligence, apps and services) instead of tracking a fixed index.ishares.com
  • 0.55% net of a waiver through June 30, 2028 (0.65% gross) lands below the category median fee and under index-tracking peer IGPT's 0.57%.
  • A multi-billion-dollar fund that trades actively, not a thin thematic launch nobody uses. It sits in the top quartile of its AI peer group on our review.
  • The mandate is global, covering U.S. and non-U.S. AI builders rather than only the usual American megacaps.ishares.com

Worth knowing

AIHY No data

  • BAI Concentration is the trade-off: roughly 50 holdings in a single theme, so the ride follows AI sentiment far more closely than the broad market.
  • Active means no index to check it against. Holdings and weights are the managers' call, and the record only starts at the October 2024 launch.
  • The prospectus fee is 0.65% gross; the 0.55% you actually pay rests on a waiver that runs through June 30, 2028. Payouts come once or twice a year.

Full AIHY profile⁠

Full BAI profile⁠

AIHY vs BAI Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

AIHY vs BAI Cost

Overpaying BAI vs AIHY

$3,391

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • AIHY 0.37%

    $7,513

  • BAI 0.55%

    $10,904

$10,000
30 years

Cost over time

  • AIHY 0.37%
  • BAI 0.55%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530BAI $10,904AIHY $7,513

Year by year

YearAIHYBAIOverpaying
10$670$988$318
20$2,590$3,790$1,200
30$7,513$10,904$3,391

Expense ratio

  • 0.37%AIHY, cheaper
  • 0.55%BAI
  • Middle half of Artificial Intelligence funds
  • Median 0.65%

AIHY 4th cheapest of 30 funds

BAI 8th cheapest of 30 funds

AIHY vs BAI Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
AIHY No data
BAI 1.51%
Payout (12M)
AIHY None
BAI $0.59
Last payment
AIHY No data
BAI $0.59
Ex-dividend
AIHY No data
BAI Dec 16, 2025
Paid on
AIHY No data
BAI Dec 19, 2025
Frequency
AIHY No data
BAI Twice a year

Distribution history

Per share, 2025 to 2026, same scale for both

AIHYAll AIHY payments⁠

No distribution history available.

BAITwice a year · 2 paymentsAll BAI payments⁠
One bar per payment. 2 payments from 2025 to 2026 YTD. Jun 16, 2025 $0.004; Dec 16, 2025 $0.59. Use the arrow keys to read each point.$0$0.502026YTD

AIHY vs BAI Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
AIHY No dataBAI 39.4%since Nov 2024
Return per unit of riskSharpe ratio, 3 years
AIHY No dataBAI 0.71since Nov 2024
Worst fallMax drawdown, 5 years
AIHY No dataBAI −34.1%since Oct 2024
Market sensitivityBeta, 5 years
AIHY 0.00BAI 2.33

AIHY and BAI in the news

All news⁠

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