BAI vs XOP: Performance, Holdings, Fees & Risk
BAI and XOP are ETFs, but they can differ materially in exposure, yield, fees and risk. BAI is iShares A.I. Innovation and Tech Active ETF, while XOP is State Street SPDR S&P Oil & Gas Exploration & Production ETF. BAI is more concentrated at the top, based on top-10 holdings weight. Current AlgovestIQ evidence has XOP ahead on AIQ Score, 62 versus 39.
What is the main difference between BAI and XOP?
BAI and XOP have little in common: 0% of their weight is in the same securities.
| Metric | BAI | XOP |
|---|---|---|
| Fund | ||
| Expense ratio | 0.65% | 0.35% |
| Holdings | 56 | 54 |
| Top-10 concentration | 42.1% | 31% |
| Distribution yieldTrailing 12 months | 1.36% | 1.56% |
| Average volume | 3,656,859 | 2,969,350 |
| Performance | ||
| 1Y return | +22.2% | +56% |
| YTD return | +31% | +58.7% |
| Risk | ||
| Annualized volatility | 44.9% | 28.7% |
| Max drawdown (1Y) | -30.9% | -18.7% |
| Beta | 2.70 | -0.51 |
| Sharpe ratio | 0.50 | 1.63 |
| Sortino ratio | 0.72 | 2.48 |
| AlgovestIQ | ||
| AIQ Score | 39/100 | 62/100 |
| AIQ Edge Score | 2/10 | 8/10 |
| Momentum | 37/100 | 70/100 |
| Risk Resilience | 14/100 | 33/100 |
AlgovestIQ AIQ Comparison
iShares A.I. Innovation and Tech Active ETF vs State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP leads
XOP leads by 23 AIQ points, primarily on Momentum and Risk Resilience, and the lead has widened from 4 points over 30 sessions.
Stable: 3 of 3 evidence groups support XOP, its lead is widening, and its signal state is cleanly positive.
iShares A.I. Innovation and Tech Active ETF
State Street SPDR S&P Oil & Gas Exploration & Production ETF
The Algovestiq AIQ Score currently favors XOP over BAI, 62 versus 39 as of Oct 31, 2026. XOP's advantage is driven primarily by stronger momentum and risk resilience. XOP also shows the stronger technical structure relative to its 50-day moving average. 3 of 3 covered evidence groups favor XOP today, and the comparison is rated Stable on stability. XOP lead: Strengthening — the AIQ differential moved from 4 to 23 points over 30 sessions.
Compare iShares A.I. Innovation and Tech Active ETF and State Street SPDR S&P Oil & Gas Exploration & Production ETF across performance, expense ratio, dividend yield, drawdown, volatility and the Algovestiq AIQ Score.
BAI vs XOP: which fits what
Each row is settled by a single measure. Where the gap is too small to matter it reads Similar, and no row decides the comparison as a whole.
| If you want | BAI | XOP | Fits |
|---|---|---|---|
| Lower costExpense ratio | 0.65% | 0.35% | XOP |
| Broader diversificationNumber of holdings | 56 | 54 | Similar |
| Lower concentrationWeight of the 10 largest holdings | 42.1% | 31% | XOP |
| Higher incomeTrailing 12-month distribution yield | 1.36% | 1.56% | XOP |
| Smaller drawdownsMax drawdown, 1 year | -30.9% | -18.7% | XOP |
| Lower volatilityAnnualized volatility, 1 year | 44.9% | 28.7% | XOP |
Similar means the gap is within 0.01 percentage points of expense ratio, 25% more holdings, 3 points of top-10 weight, 0.2 points of yield, 2 points of drawdown or 1 point of volatility. Past drawdowns and volatility describe the funds’ history, not their future.
Performance over time
Total return with distributions reinvested, from daily closes for both ETFs.
Total return comparison
Growth of $10,000, distributions reinvested
Split-adjusted closes; each distribution is reinvested at the close on its ex-dividend date. Taxes and trading costs are not modeled.
Compare BAI and XOP against another ticker
Open a multi-ticker workspace without changing this focused pair page.
AIQ Factor Divergence
Where the two separate, on the four dimensions behind the AIQ Score. Bars read outward from a shared zero: further from the centre is a wider gap.
- Momentum37 vs 70XOP +33
- Risk Resilience14 vs 33XOP +19
- Quality64 vs 69XOP +5
3 of 3 evidence groups favor XOP. XOP’s edge is concentrated in momentum and risk resilience.
What changed since the last close
Latest scored session 2026-10-28, compared against the prior scored session 2026-10-27.
Largest factor move: Momentum +7
No signal started or stopped since the prior session; its 2 active signals are unchanged.
Largest factor move: Momentum -5
No signal started or stopped since the prior session; its 5 active signals are unchanged.
XOP's lead narrowed by 2 AIQ points in the latest session.
Deeper signal detail for each name lives on its own signals page — BAI and XOP both carry a full feed there.
Fund facts, side by side
Two funds tracking overlapping universes are separated by cost and risk far more than by holdings. Those lead here.
| Measure | BAI | XOP | Why it matters |
|---|---|---|---|
| Expense ratio | 0.65% | 0.35% | Lower is better — it compounds against you every year you hold. |
| Holdings | 56 | 54 | More holdings means broader diversification, not better returns. |
| Average volume | 3,656,859 | 2,969,350 | Liquidity — matters most if you trade size. |
| Annualized volatility | 44.9% | 28.7% | Lower is a steadier ride for the same exposure. |
| Max drawdown (1Y) | -30.9% | -18.7% | The worst peak-to-trough loss over the past year. |
| Sharpe ratio | 0.50 | 1.63 | Return per unit of risk. Higher is better. |
| Beta | 2.70 | -0.51 | Sensitivity to the broad market. Neither direction is better — it depends on the role in your portfolio. |
Where the exposure actually sits
Sector exposure for each fund, ordered by the size of the difference.
How much of the same holdings they own
BAI and XOP share 0% of their weighted exposure across 0 common holdings.
48 holdings are unique to BAI, and 52 holdings are unique to XOP. Owning both is genuinely additive — most of the capital sits in different securities.
BAI is the more concentrated of the two: its ten largest positions are 42.13% of the fund, against 31% for XOP (56 holdings vs 54). Concentration cuts both ways — it is what drives outperformance when the top names work, and what makes the drawdown deeper when they do not.
What BAI adds that XOP doesn’t
| Holding | BAI | XOP |
|---|---|---|
| MUMICRON TECHNOLOGY | 6.66% | Not held |
| NVDANVIDIA | 5.31% | Not held |
| AMDADVANCED MICRO DEVICES | 4.82% | Not held |
| AVGOBROADCOM INC | 4.68% | Not held |
| TSMTAIWAN SEMICONDUCTOR MANUFACTURING | 4.66% | Not held |
| LRCXLAM RESEARCH | 4.2% | Not held |
What XOP adds that BAI doesn’t
| Holding | XOP | BAI |
|---|---|---|
| PBFPBF ENERGY INC CLASS A | 3.89% | Not held |
| DINOHF SINCLAIR CORP | 3.27% | Not held |
| DKDELEK US HOLDINGS INC | 3.27% | Not held |
| VLOVALERO ENERGY CORP | 3.21% | Not held |
| MPCMARATHON PETROLEUM CORP | 3.2% | Not held |
| PARRPAR PACIFIC HOLDINGS INC | 3.12% | Not held |
Each list is a fund’s largest positions by weight that the other fund does not hold, or holds at less than half the weight.
AIQ Agreement Matrix
3 of 3 covered evidence groups favor XOP. A wide gap backed by one group is a weaker case than a narrow gap backed by five.
| Evidence group | Favors | Reading |
|---|---|---|
| AIQ Score | XOP | 39 vs 62 |
| Fundamentals | Not covered | Not covered |
| Valuation | Not covered | Not covered |
| Technicals | XOP | Price vs 50-day -12.5% vs 6.6%; vs 200-day 3.4% vs 17.9% |
| Risk Resilience | XOP | Risk Resilience 14 vs 33 |
| Analyst expectations | Not covered | Not covered |
✓ agrees with the overall verdict · ✕ points the other way. Groups marked “not covered” lack data on one or both of BAI and XOP and are excluded from the count.
AIQ Decision Stability
The conclusion rests on a wide gap and broad agreement. It is unlikely to turn on a single session.
- The AIQ gap is wide at 23 points. (supports the conclusion holding)
- 3 of 3 covered evidence groups point the same way. (supports the conclusion holding)
- The leader's advantage has been widening. (supports the conclusion holding)
- The leader's signal state is cleanly positive. (supports the conclusion holding)
Stability combines the score gap, how broadly the evidence agrees, how steady the lead has been across daily snapshots, the current signal state on both names, and analyst dispersion on XOP.
How the comparison changed
120 daily snapshots · Jun 29 – Oct 28XOP lead: Strengthening — the AIQ differential moved from 4 to 23 points over 30 sessions.
- Today
- XOP +23
- 39 vs 62
- 7 sessions ago
- XOP +29
- 36 vs 65
- 30 sessions ago
- XOP +4
- 52 vs 56
- 90 sessions ago
- XOP +21
- 40 vs 61
The lead changed hands 2 times in this window, most recently on Oct 1 when XOP moved ahead of BAI.
AIQ Signal Divergence
Only the signals that bear on the head-to-head. A conflicted name is carrying bullish and bearish rules at the same time — the technical evidence is not pointing one way.
1 bullish / 1 bearish, conflicted
Only BAI
- MACD Bearish Crossover — bearish, momentum, short horizon
5 bullish / 0 bearish
Only XOP
- EMA Ribbon Expansion Bullish — bullish, trend, medium horizon
- 52-Week High Proximity — bullish, risk, long horizon (1.9%)
- Uptrend Structure Active — bullish, trend, long horizon
- MACD Bullish Crossover — bullish, momentum, short horizon
Both carry 1 more signal that do not separate them: Golden Cross Active.
BAI is conflicted, so the timing case there is weaker than the score alone suggests.
Price vs model alignment
Whether the latest session's price move confirms what the model did over the same session, or contradicts it.
Price is down while the AIQ Score moved up 1 points over the same session — price and model disagree (price -7.43%, AIQ +1 points).
Price is up while the AIQ Score moved down 1 points over the same session — price and model disagree (price +2.13%, AIQ -1 points).
What would flip this result
A state, not a forecast. These are the specific, observable changes that would reverse the verdict — not a price prediction.
- 1BAI closes the Momentum gap — currently 33 points behind, the largest single contributor to XOP's edge.
- 2BAI's MACD Bearish Crossover resolves — a bearish momentum rule currently active against it.
- 3XOP's Golden Cross Active breaks down — it is the strongest rule currently supporting the verdict.
- 4A regime shift changes factor weighting — Quality and Value carry the heaviest weights in the composite, so a rotation toward either would move the result most.
The full evidence
Every number behind the verdict. The leader is called above each group so you are not left to solve it from the table.
Performance
XOP leads 5 of 6 windows| Metric | BAI | XOP |
|---|---|---|
| 1 week (5 sessions) | 1.7% | 0.7% |
| 1 month (20 sessions) | -7.6% | 11.7% |
| 3 months (63 sessions) | 6.2% | 14.6% |
| 6 months (126 sessions) | 5.1% | 12.7% |
| Year to date | 31% | 58.7% |
| 1 year (252 sessions) | 22.2% | 56% |
Technicals
XOP has the stronger structure| Metric | BAI | XOP |
|---|---|---|
| RSI (14) | 37.3 | 58.9 |
| ADX (14) | 28 | 22.3 |
| Price vs 50-day | -12.5% | 6.6% |
| Price vs 200-day | 3.4% | 17.9% |
| Volatility (1M, annualized) | 44.6% | 25.6% |
Risk
XOP is the more resilient| Metric | BAI | XOP |
|---|---|---|
| Beta | 2.7 | -0.51 |
| Sharpe ratio | 0.5 | 1.63 |
| Sortino ratio | 0.72 | 2.48 |
| Max drawdown | -30.9% | -18.7% |
| Current drawdown | -19.6% | -2.2% |
| Annualized volatility | 44.9% | 28.7% |
| Value at risk (95%) | -5% | -3% |
Straight answers
Short answers to the questions fund investors ask about this pair, from the figures above.
What is the difference between BAI and XOP?
BAI and XOP have little in common: 0% of their weight is in the same securities.
How much do BAI and XOP overlap?
BAI and XOP share 0% of their weighted exposure across 0 common holdings. 48 holdings are unique to BAI, and 52 holdings are unique to XOP. Owning both is genuinely additive — most of the capital sits in different securities.
Which ETF is more diversified, BAI or XOP?
They hold a similar number of positions: 56 for BAI and 54 for XOP.
Which has the lower expense ratio?
XOP has the lower expense ratio, 0.35% a year against 0.65% for BAI.
Which ETF has the higher distribution yield?
XOP, with a trailing 12-month distribution yield of 1.56% against 1.36% for BAI.
Which ETF has been more volatile?
BAI has been more volatile over the past year, at 44.9% annualized against 28.7% for XOP.
Which ETF has had the smaller drawdown?
XOP fell less from peak to trough over the past year: -18.7% against -30.9% for BAI.
Compare BAI and XOP with others
Continue your research
This page answers which of the two. These answer the questions on either side of it.
How this comparison is scored
The Algovestiq AIQ Score composites four factors — Quality, Value, Momentum and Risk, each carrying a fixed weight. Sentiment is reported separately as SentimentPulse and is not folded into the composite. Scores refresh every trading day, and this page regenerates from the latest snapshot rather than being written once.
The verdict names a leader, states how broadly six independent evidence groups agree, and rates how durable that conclusion is given the score gap, its recent trajectory and the current signal state on both names.
How to use side-by-side comparison →This comparison is informational and educational, not investment advice. AIQ scores update daily; re-check after earnings, guidance or macro data that materially changes either name’s factor profile.