BAIiShares A.I. Innovation and Tech Active ETF

Grow my money1y track recordRanked #611 of 2,960 in this goal

Seeks to maximize total return.

By iShares · Launched 2024

Annual Cost

0.55%

#2,811 of 5,562 · average

Fund Size

$16.3B

#175 of 5,562 · large

Return (1Y)Goal

+99.1%

Track Record

1 year

#3,897 of 5,562 · young

Performance

Total-return NAV · USD

Growth of $10,000

$19,818+98.2%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

Global

Strategy

Active selection

Focus

General Innovation

What it actually holds

By weight

Concentration

Top 10 holdings = 45.3% of fundmoderately concentrated

NVIDIA Corp

8.2%

Broadcom Inc

6.7%

Alphabet Inc

4.8%

Taiwan Semiconductor Manufacturing Co Ltd

4.3%

SK hynix Inc

4.0%

Lam Research Corp

3.9%

Tower Semiconductor Ltd

3.4%

Advantest Corp

3.4%

Microsoft Corp

3.3%

Advanced Micro Devices Inc

3.3%

Asset allocation

Stocks

96.2%

Cash

2.9%

Preferred

1.0%

By sector

Technology

88.8%

Industrials

4.6%

Communication

3.9%

Consumer Cyclical

2.6%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

36.4%High

Year-on-year price swings

Max drawdown

-34.1%Severe

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to maximize total return.
Strategy: Invests primarily in equity securities of U.S. and non-U.S. A.I. and technology companies, targeting at least 80% of net assets. Focuses on A.I. innovation by selecting companies projected to be market leaders in A.I. technology and products. The investment process includes direct engagement with company management and proprietary forecasts modeling expected outcomes.
Inception date: October 21, 2024
Fund family: iShares