BAI vs KOOL
iShares AI Innovation and Tech Active ETF vs North Shore Equity Rotation ETF
Which is better, BAI or KOOL?
BAI has been ahead.
BAI has a lower expense ratio. BAI led over 1Y and the full window. BAI is less concentrated, with 42.0% of the fund in its ten largest positions against 42.8%.
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 | KOOL |
|---|---|---|
| Expense Ratio | 0.55%Best | 0.93% |
| AUM | $14.2B | $60M |
| Dividend Yield | 1.26% | 0.43% |
| Holdings | 55 | 42 |
| YTD Return | +28.12%Best | +15.66% |
| 1Y Return | +26.26%Best | +16.59% |
| Volatility (annualized) | 37.6% | 13.0%Best |
| Max Drawdown | -34.1% | -20.6%Best |
| $10,000 over 2 years | $17,710Best | $13,465 |
| Top 10 Weight | 42.0%Best | 42.8% |
| Fund Family | iShares by BlackRock (US) | North Shore Indices |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Oct 21, 2024 | Apr 1, 2024 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Oct 22, 2024 to Oct 15, 2026 (2 years).
BAI vs KOOL 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 years both funds cover.
BAI vs KOOL Performance
iShares AI Innovation and Tech Active ETF (BAI) is an ETF from iShares by BlackRock (US) and North Shore Equity Rotation ETF (KOOL) is an ETF from North Shore Indices. Over the past year BAI returned +26.26% while KOOL returned +16.59%. Year to date, BAI is up 28.12% versus a gain of 15.66% for KOOL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BAI has been the more volatile fund, with annualized monthly volatility of 37.6% compared with 13.0% for KOOL. 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 -34.1% for BAI and -20.6% for KOOL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BAI charges 0.55% per year while KOOL charges 0.93%. On a $10,000 position that is $55 vs $93 annually, a gap of $38 per year that compounds over a long holding period. On income, BAI currently yields 1.26% against 0.43% for KOOL.
Holdings Overlap
22.9% of BAI's money is in holdings KOOL also owns. 23.8% of KOOL's money is in holdings BAI also owns.
KOOL and BAI share little of their money.
8 positions in common, counted across the 50 positions we hold weights for in BAI and 44 in KOOL, against full books of 55 and 42.
What only one of them owns
Our book lists 33 positions for KOOL that do not appear in our book for BAI (71.4% of the fund), and 29 for BAI that do not appear in KOOL (51.9%).
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 KOOL | Difference |
|---|---|---|---|
| NVDANvidia Corp | 5.30% | 5.78% | 0.48% |
| AVGOBroadcom Inc | 4.75% | 1.97% | 2.78% |
| AMZNAmazon.Com Inc | 2.05% | 4.34% | 2.29% |
| GOOGLAlphabet Inc | 2.49% | 3.65% | 1.16% |
| MSFTMicrosoft Corp | 2.13% | 3.11% | 0.98% |
| SPCXSpace Exploration Technologies | 3.06% | 1.31% | 1.75% |
| ANETArista Networks Inc. | 2.27% | 1.51% | 0.76% |
| CLS:CACelestica Inc. Common Stock | 0.89% | 2.12% | 1.23% |
23.8% of KOOL is already inside BAI.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BAI or KOOL?
BAI has an expense ratio of 0.55% while KOOL charges 0.93%. BAI is the cheaper option, by $38 a year on a $10,000 investment.
Which performed better, BAI or KOOL?
Over the past year BAI returned +26.26% vs +16.59% for KOOL, so BAI leads on 1-year performance. Over the longest common window we track (2 years), BAI annualized +33.08% vs +16.04% for KOOL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BAI or KOOL?
BAI has been the more volatile fund at 37.6% annualized versus 13.0% for KOOL. Worst drawdown: BAI -34.1% vs KOOL -20.6%.
Should I hold both BAI and KOOL?
BAI and KOOL have a monthly-return correlation of 0.74, 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 KOOL?
23.8% of KOOL's money is in holdings BAI also owns. 23.8% of KOOL's is in holdings BAI also owns. They hold 8 positions in common, counted across the 50 positions we hold weights for in BAI and 44 in KOOL.
Which pays a higher dividend, BAI or KOOL?
BAI yields 1.26% while KOOL yields 0.43%, so BAI currently pays the higher dividend yield.
Is KOOL better than BAI?
BAI has a lower expense ratio. BAI led over 1Y and the full window. BAI is less concentrated, with 42.0% of the fund in its ten largest positions against 42.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.