ARTY vs BAI: Grades, Fees and Holdings Compared

iShares Future AI & Tech ETF

ARTYANYSE Arca

iShares A.I. Innovation and Tech Active ETF

BAIBNYSE Arca

Overlap

43.3%by weight

Expense ratio

ARTY −0.08pt a year

ARTY0.47%BAI0.55%

Avg volume · 30D

BAI 7.4×the volume

ARTY497KBAI3.67M

ARTY vs BAI Performance

Oct 31, 2025 – Oct 30, 2026

+33.9%ARTY+6.7%BAI

Expense ratio: ARTY 0.47%, better; BAI 0.55%
Fund size: ARTY $3.65B; BAI $12.2B
1Y total return: ARTY +33.9%, better; BAI +6.7%
Yield (12M): ARTY 0.06%; BAI 1.51%, better
Holdings: ARTY 65; BAI 53
Avg volume (30D): ARTY 497K sh; BAI 3.67M sh, better
NAV per share: ARTY $68.50; BAI $39.25
52W range

ETF.net Grade

Pillar letters and Scores for ARTY, BAI, with each pillar’s weight
Pillar	ARTY	BAI
Cost30% weight	A83Higher	A74
Mission25% weight	Not scored	D30
Risk15% weight	C47Higher	D28
Tradability15% weight	A75	A78Higher
Holdings10% weight	B69Higher	B65
Durability5% weight	A91Higher	A83

Rank among Artificial Intelligence funds

How we build Categories ›

Same Category. ARTY 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 ›

ARTY ranks 3rd and BAI 5th of 30 funds in the Artificial Intelligence Category.

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

Our read on each fund

ETF.net Research

ARTYAiShares Future AI & Tech ETF

BAIBiShares A.I. Innovation and Tech Active ETF

In short

ARTY Launched in 2018 as a robotics fund, ARTY switched benchmarks in 2024 and came back as a focused global AI portfolio: about 50 companies across chips, data centers, software and services, at a below-median theme fee.

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

ARTY The fund seeks to track a global index of companies contributing to artificial-intelligence technologies across software, infrastructure, and services.

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

ARTY 0.47% a year against a 0.68% median for AI-theme funds. The thematic markup is smaller here than on most of the shelf, though XAIX and QTUM undercut it.
Global by design. The index pulls from US and non-US companies contributing to AI across generative AI, data and infrastructure, software and services.ishares.com
A multi-billion-dollar, actively traded iShares fund, so getting in and out doesn't hinge on thin volume.
Stacks up as one of the stronger builds in a crowded AI cohort on cost, structure and staying power.

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

ARTY The record before August 2024 belongs to a different strategy: as IRBO it tracked a robotics and AI index, then moved to the Morningstar Global AI Select Index.ishares.com
About 50 names in one theme. The AI trade sets the tone here, and that concentration works in both directions.
Distributions land once or twice a year and are incidental. This is a growth-theme equity fund, not an income holding.

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 ARTY profile⁠

Full BAI profile⁠

ARTY vs BAI Holdings

How ARTY and BAI differ

Overlap by weight

43.3%

Shared holdings make up 55.7% of ARTY and 52.4% of BAI.

Level by level

Holdings20 in both43.3%
Countryby domicile87.5%
Sector8 Sectors92.8%
Asset classEquity100%

Sector

Sector weights in ARTY and BAI, widest gap first
Sector	More in ARTYMore in BAI	ARTY	BAI
Technology	BAI +3.3 points	86.3%	89.6%
Consumer Discretionary	BAI +3.2 points	0.0%	3.2%
Industrials	ARTY +3.1 points	4.2%	1.1%
Utilities	ARTY +1.4 points	1.4%	0.0%
Real Estate	ARTY +1.3 points	1.3%	0.0%
Health Care	ARTY +0.9 points	0.9%	0.0%
Materials	BAI +0.7 points	0.0%	0.7%
Communication	ARTY +0.4 points	5.8%	5.4%

Country, concentration and asset class

Country by domicile

Country weights in ARTY and BAI, widest gap first
Country	More in ARTYMore in BAI	ARTY	BAI
United States	BAI +7.1 points	69.4%	76.5%
South Korea	ARTY +4.0 points	5.6%	1.6%
Taiwan	BAI +3.5 points	16.5%	20.0%
France	ARTY +3.1 points	3.1%	0.0%
Japan	ARTY +2.3 points	2.3%	0.0%
Canada	ARTY +1.9 points	1.9%	0.0%
Israel	BAI +1.9 points	0.0%	1.9%
Australia	ARTY +1.2 points	1.2%	0.0%

Outside the US: ARTY 28% developed, 72% emerging. BAI 0% developed, 100% emerging.

Concentration

Weight in the 10 largest Holdings

ARTY42.5%
BAI42.3%

Securities held

ARTY51
BAI49

Asset class

ARTY: Equity
BAI: Equity

Holdings

Only in ARTY31
In both20
Only in BAI29

Only in ARTY

31 securities, 44.2% of ARTY by weight

Taiwan Semiconductor Manufacturing4.53%
Oracle4.14%
Naver3.17%
Palantir Technologies Class A3.05%
International Business Machines Co2.98%
Accenture PLC Class A2.44%
Seagate Technology Holdings PLC2.09%
Schneider Electric2.03%
Alchip Technologies1.93%
Constellation Energy Corp1.43%
Mongodb Class A1.10%
Astera Labs1.09%
Workday Class A1.08%
Legrand SA1.00%
Celestica0.98%
Tempus Ai Class A0.94%
Cgi Inc Class A0.91%
Quanta Computer0.90%
Rambus0.85%
Wistron0.82%
Costar Group0.76%
Auras Technology Ltd0.74%
Wiwynn Corporation0.72%
Gigabyte Technology Ltd0.71%
Presight Ai Holding0.70%
Amkor Technology0.66%
Orient Semiconductor Electronics0.65%
Camtek0.65%
Macquarie Technology Group0.63%
Digico Infrastructure Reit Stapled0.56%
Twd/Usd<0.01%

Only in BAI

29 securities, 46.9% of BAI by weight

Taiwan Semiconductor Manufacturing5.00%
Lam Research3.46%
Lumentum Holdings2.88%
Elite Material2.50%
Crowdstrike Holdings Class A2.50%
Asia Vital Components2.44%
Amazon.com Inc2.27%
Unimicron Technology2.25%
Palo Alto Networks1.85%
Sandisk1.69%
Tower Semiconductor1.58%
ANTHROPIC SERIES G PREF EQ Prvt1.39%
Okta Class A1.38%
Macom Technology Solutions1.34%
Delta Electronics1.29%
Tesla Inc1.25%
Flex Ltd1.19%
Accton Technology1.17%
Chroma Ate1.16%
Intel Corporation1.16%
Elastic1.03%
Celestica0.96%
Akamai Technologies Inc0.96%
Applied Optoelectronics0.89%
Resonac Holdings0.78%
Lattice Semiconductor0.77%
Twilio Class A0.68%
Twist Bioscience0.57%
OPENAI SERIES C PREF EQ Prvt0.52%

Weight gaps

All 20 Holdings in both funds, largest gap first.

Holding weights in ARTY and BAI, widest gap first
Holding	More in ARTYMore in BAI	ARTY	BAI
Marvell TechnologyMRVL	ARTY +2.17 points	4.59%	2.42%
Super Micro Computer IncSMCI	ARTY +2.16 points	3.17%	1.01%
Global Unichip	ARTY +2.06 points	3.84%	1.78%
Coreweave Class ACRWV	ARTY +2.02 points	3.19%	1.17%
Micron TechnologyMU	BAI +1.81 points	4.35%	6.16%
Advantest	ARTY +1.80 points	2.31%	0.51%
SnowflakeSNOW	BAI +1.36 points	1.77%	3.13%
NVIDIANVDA	BAI +1.15 points	4.52%	5.67%
Space Exploration Technologies CorSPCX	BAI +0.89 points	2.63%	3.52%
Sk Hynix	ARTY +0.80 points	2.34%	1.54%
Ase Technology Holding	BAI +0.66 points	1.41%	2.07%
Credo Technology Group Holding LtdCRDO	BAI +0.44 points	1.05%	1.49%
Western Digital CorpWDC	BAI +0.41 points	1.94%	2.35%
Arista NetworksANET	ARTY +0.36 points	2.57%	2.21%
Entegris IncENTG	ARTY +0.35 points	1.05%	0.70%
MicrosoftMSFT	ARTY +0.27 points	2.96%	2.69%
Advanced Micro DevicesAMD	ARTY +0.23 points	5.60%	5.37%
Broadcom IncAVGO	ARTY +0.17 points	4.58%	4.41%
Onto InnovationONTO	BAI +0.15 points	0.70%	0.84%
Bloom Energy Class ABE	ARTY +0.03 points	1.13%	1.10%

All 50 ARTY holdings⁠All 48 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.

ARTY vs BAI Cost

Overpaying BAI vs ARTY

$1,486

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

ARTY 0.47%
$9,418
BAI 0.55%
$10,904

Amount$10,000

Years30 years

Cost over time

ARTY 0.47%
BAI 0.55%
Overpaying

Year by year

Year	ARTY	BAI	Overpaying
10	$847	$988	$141
20	$3,261	$3,790	$529
30	$9,418	$10,904	$1,486

Expense ratio

0.47%ARTY, cheaper
0.55%BAI

ARTY0.47%BAI0.55%

0.35%1.05%

Middle half of Artificial Intelligence funds
Median 0.65%

ARTY 6th cheapest of 30 funds

BAI 8th cheapest of 30 funds

ARTY vs BAI Dividends

Last 12 months to Oct 30, 2026

Yield (12M): ARTY 0.06%; BAI 1.51%, better
Payout (12M): ARTY $0.04; BAI $0.59
Last payment: ARTY $0.04; BAI $0.59
Ex-dividend: ARTY Jun 15, 2026; BAI Dec 16, 2025
Paid on: ARTY Jun 18, 2026; BAI Dec 19, 2025
Frequency: ARTY Annual; BAI Twice a year

Distribution history

Per share, 2018 to 2026, same scale for both

ARTYAnnual · 16 paymentsAll ARTY payments⁠

BAITwice a year · 2 paymentsAll BAI payments⁠

ARTY vs BAI Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: ARTY 32.7%BAI 39.4%since Nov 2024
Return per unit of riskSharpe ratio, 3 years: ARTY 0.92BAI 0.71since Nov 2024
Worst fallMax drawdown, 5 years: ARTY −50.5%BAI −34.1%since Oct 2024
Market sensitivityBeta, 5 years: ARTY 2.06BAI 2.33; Market = 1

ARTY and BAI in the news

All news⁠

Deep Dive
Two AI funds share 8% of their weight and sit 28 points apart
Sep 16, 2026ARTYBAI
New ETFs
iShares' new AI fund holds $220 million, and Walmart is its largest stock
Oct 5, 2026BAI
ETF Filings
Bitwise files to sell the credit side of the AI buildout as an ETF
Sep 21, 2026ARTY
Deep Dive
Cybersecurity paid for tech's week. The AI funds did not
Sep 19, 2026ARTY
Deep Dive
Chip funds rose 2.5% as software ETFs fell 4.5%
Sep 5, 2026ARTY

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ARTY vs BAI

In short

Stated mandate

Why people hold it