BAI vs CHGX
iShares AI Innovation and Tech Active ETF vs Stance Sustainable Beta ETF
Which is better, BAI or CHGX?
Large Cap Growth against Large Cap Blend.
CHGX has a lower expense ratio. BAI led over the full window, CHGX over 1Y. CHGX is less concentrated, with 11.5% of the fund in its ten largest positions against 41.6%.
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 | CHGX |
|---|---|---|
| Expense Ratio | 0.55% | 0.49%Best |
| AUM | $10.1B | $173M |
| Dividend Yield | 1.40% | 0.55% |
| Holdings | 114 | 208 |
| YTD Return | +12.00% | +23.03%Best |
| 1Y Return | +8.73% | +23.12%Best |
| 3Y Return (annualized) | - | +4.30% |
| 5Y Return (annualized) | - | -0.04% |
| Volatility (annualized) | 38.8% | 29.5%Best |
| Max Drawdown | -40.0%Best | -47.3% |
| $10,000 over 2.1 years | $15,543Best | $8,752 |
| Top 10 Weight | 41.6% | 11.5%Best |
| Fund Family | iShares by BlackRock (US) | STANCE Capital |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Oct 21, 2024 | Nov 14, 2024 |
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Oct 22, 2024 to Nov 11, 2026 (2.1 years).
BAI vs CHGX 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 2.1 years both funds cover.
BAI vs CHGX Performance
iShares AI Innovation and Tech Active ETF (BAI) is an ETF from iShares by BlackRock (US) and Stance Sustainable Beta ETF (CHGX) is an ETF from STANCE Capital. Over the past year BAI returned +8.73% while CHGX returned +23.12%. Year to date, BAI is up 12.00% versus a gain of 23.03% for CHGX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BAI has been the more volatile fund, with annualized monthly volatility of 38.8% compared with 29.5% for CHGX. 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 -40.0% for BAI and -47.3% for CHGX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.36. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BAI charges 0.55% per year while CHGX charges 0.49%. On a $10,000 position that is $55 vs $49 annually, a gap of $6 per year that compounds over a long holding period. On income, BAI currently yields 1.40% against 0.55% for CHGX.
Holdings Overlap
34.7% of BAI's money is in holdings CHGX also owns. 12.5% of CHGX's money is in holdings BAI also owns.
The two portfolios partly overlap.
13 positions in common, counted across the 50 positions we hold weights for in BAI and 101 in CHGX, against full books of 114 and 208.
What only one of them owns
Our book lists 88 positions for CHGX that do not appear in our book for BAI (87.2% of the fund), and 23 for BAI that do not appear in CHGX (37.9%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in BAI | Weight in CHGX | Difference |
|---|---|---|---|
| MUMicron Technology, Inc. | 5.87% | 0.92% | 4.95% |
| AMDAdvanced Micro Devices Inc | 5.39% | 1.12% | 4.27% |
| NVDANvidia Corp | 5.45% | 1.00% | 4.45% |
| MRVLMarvell Technology Inc | 2.69% | 1.06% | 1.63% |
| INTCIntel Corp. | 2.77% | 0.96% | 1.81% |
| ANETArista Networks Inc Common Stock | 2.23% | 1.02% | 1.21% |
| WDCWestern Digital Corp. | 2.08% | 0.78% | 1.30% |
| SNDKVSandisk Corp. | 2.05% | 0.81% | 1.24% |
| PANWPalo Alto Networks Inc. | 1.65% | 1.09% | 0.56% |
| CRWVCoreweave Inc Common Equity | 1.37% | 0.73% | 0.64% |
34.7% of BAI is already inside CHGX.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
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Frequently Asked Questions
Which is cheaper, BAI or CHGX?
BAI has an expense ratio of 0.55% while CHGX charges 0.49%. CHGX is the cheaper option, by $6 a year on a $10,000 investment.
Which performed better, BAI or CHGX?
Over the past year BAI returned +8.73% vs +23.12% for CHGX, so CHGX leads on 1-year performance. Over the longest common window we track (2 years), BAI annualized +23.37% vs -6.15% for CHGX. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BAI or CHGX?
BAI has been the more volatile fund at 38.8% annualized versus 29.5% for CHGX. Worst drawdown: BAI -40.0% vs CHGX -47.3%.
Should I hold both BAI and CHGX?
BAI and CHGX have a monthly-return correlation of 0.36, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between BAI and CHGX?
34.7% of BAI's money is in holdings CHGX also owns. 12.5% of CHGX's is in holdings BAI also owns. They hold 13 positions in common, counted across the 50 positions we hold weights for in BAI and 101 in CHGX.
Which pays a higher dividend, BAI or CHGX?
BAI yields 1.40% while CHGX yields 0.55%, so BAI currently pays the higher dividend yield.
Is CHGX better than BAI?
CHGX has a lower expense ratio. BAI led over the full window, CHGX over 1Y. CHGX is less concentrated, with 11.5% of the fund in its ten largest positions against 41.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.