BAI vs. GTEK

Last updated Jul 14, 2026

BAI (iShares A.I. Innovation and Tech Active ETF) and GTEK (Goldman Sachs Future Tech Leaders Equity ETF) are both Technology Equities funds. Both are actively managed. Over the past year, BAI returned 60.51% vs 59.49% for GTEK. Their correlation of 0.89 suggests significant overlap in exposure. BAI charges 0.55%/yr vs 0.75%/yr for GTEK.

Performance

BAI vs. GTEK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares A.I. Innovation and Tech Active ETF (BAI) and Goldman Sachs Future Tech Leaders Equity ETF (GTEK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BAI achieves a 36.40% return, which is significantly lower than GTEK's 42.08% return.

BAI

• 1D: -4.80%
• 1M: -7.19%
• 6M: 30.48%
• YTD: 36.40%
• 1Y: 60.51%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GTEK

• 1D: -4.38%
• 1M: -3.33%
• 6M: 34.40%
• YTD: 42.08%
• 1Y: 59.49%
• 3Y*: 29.45%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BAI vs. GTEK - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BAI iShares A.I. Innovation and Tech Active ETF	36.40%	25.22%	8.89%
GTEK Goldman Sachs Future Tech Leaders Equity ETF	42.08%	23.68%	3.48%

Correlation

The correlation between BAI and GTEK is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.88
Correlation (All Time) Calculated using the full available price history since Oct 22, 2024	0.89

The correlation between BAI and GTEK has been stable across timeframes, ranging from 0.88 to 0.89 - a consistent structural relationship.

BAI vs. GTEK - Sectors Allocation Comparison

Sectors	BAI	GTEK
Technology	89.0%	74.5%
Industrials	4.6%	8.1%
Communication Services	3.8%	3.7%
Consumer Cyclical	2.7%	4.9%
Healthcare	0.7%	1.1%
Basic Materials	-	3.4%
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	1.2%
Real Estate	-	2.3%
Utilities	-	-

Return for Risk

BAI vs. GTEK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BAI

BAI Risk / Return Rank: 62
BAI Sharpe Ratio Rank: 57
BAI Sortino Ratio Rank: 49
BAI Omega Ratio Rank: 53
BAI Calmar Ratio Rank: 85
BAI Martin Ratio Rank: 64

GTEK

GTEK Risk / Return Rank: 81
GTEK Sharpe Ratio Rank: 80
GTEK Sortino Ratio Rank: 71
GTEK Omega Ratio Rank: 71
GTEK Calmar Ratio Rank: 94
GTEK Martin Ratio Rank: 90

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BAI vs. GTEK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares A.I. Innovation and Tech Active ETF (BAI) and Goldman Sachs Future Tech Leaders Equity ETF (GTEK). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BAI	GTEK	Difference
Sharpe ratio: Return per unit of total volatility	1.53	2.01	-0.48
Sortino ratio: Return per unit of downside risk	1.97	2.56	-0.59
Omega ratio: Gain probability vs. loss probability	1.26	1.33	-0.07
Calmar ratio: Return relative to maximum drawdown	3.74	5.37	-1.63
Martin ratio: Return relative to average drawdown	9.15	15.79	-6.65

BAI vs. GTEK - Sharpe Ratio Comparison

The current BAI Sharpe Ratio is 1.53, which is comparable to the GTEK Sharpe Ratio of 2.01. The chart below compares the historical Sharpe Ratios of BAI and GTEK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BAI vs. GTEK - Drawdown Comparison

The maximum BAI drawdown since its inception was -34.09%, smaller than the maximum GTEK drawdown of -53.77%. Use the drawdown chart below to compare losses from any high point for BAI and GTEK.

Drawdown Indicators

	BAI	GTEK	Difference
Max Drawdown Largest peak-to-trough decline	-34.09%	-53.77%	+19.68%
Max Drawdown (1Y) Largest decline over 1 year	-16.25%	-11.13%	-5.12%
Max Drawdown (3Y) Largest decline over 3 years	—	-27.49%	—
Current Drawdown Current decline from peak	-16.25%	-9.70%	-6.55%
Average Drawdown Average peak-to-trough decline	-6.98%	-26.99%	+20.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.63%	3.78%	+2.85%

Volatility

BAI vs. GTEK - Volatility Comparison

iShares A.I. Innovation and Tech Active ETF (BAI) has a higher volatility of 20.74% compared to Goldman Sachs Future Tech Leaders Equity ETF (GTEK) at 12.78%. This indicates that BAI's price experiences larger fluctuations and is considered to be riskier than GTEK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BAI	GTEK	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.74%	12.78%	+7.96%
Volatility (6M) Calculated over the trailing 6-month period	34.32%	26.10%	+8.22%
Volatility (1Y) Calculated over the trailing 1-year period	39.76%	29.74%	+10.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.40%	28.82%	+9.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.40%	28.82%	+9.58%

BAI vs. GTEK - Expense Ratio Comparison

BAI has a 0.55% expense ratio, which is lower than GTEK's 0.75% expense ratio.

Dividends

BAI vs. GTEK - Dividend Comparison

BAI's dividend yield for the trailing twelve months is around 1.31%, while GTEK has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
BAI iShares A.I. Innovation and Tech Active ETF	1.31%	1.80%	0.00%	0.00%	0.00%
GTEK Goldman Sachs Future Tech Leaders Equity ETF	0.00%	0.00%	0.00%	0.26%	0.03%

Frequently Asked Questions

Can I hold both BAI and GTEK in my portfolio?

BAI and GTEK have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BAI or GTEK?

BAI has higher volatility (20.74%) compared to GTEK (12.78%). In terms of maximum drawdown, BAI dropped -34.09% vs GTEK's -53.77%.

Which ETF is better, BAI or GTEK?

On 1-year performance, BAI leads with 60.51% vs 59.49% for GTEK. On fees, BAI is cheaper at 0.55% per year. On volatility, GTEK has been the lower-risk option at 12.78%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BAI or GTEK?

Over the 1-year period, BAI has performed better with a 60.51% return vs 59.49%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BAI or GTEK?

BAI is cheaper with a 0.55% expense ratio, compared with 0.75% for GTEK.

Which ETF pays a higher dividend yield, BAI or GTEK?

BAI has the higher dividend yield at 1.31%, compared with 0.00% for GTEK.

What is the main difference between BAI and GTEK?

They also come from different issuers: iShares and Goldman Sachs. Their fees differ too: 0.55% for BAI and 0.75% for GTEK.

Which has better risk-adjusted returns?

GTEK currently has the higher Sharpe Ratio (2.01 vs 1.53), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.