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BAI vs. WASMX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

BAI vs. WASMX

Last updated Jun 9, 2026

BAI (iShares A.I. Innovation and Tech Active ETF) and WASMX (Boston Trust Walden SMID Cap Fund) are both funds - BAI is a Technology Equities fund actively managed by iShares, while WASMX is a Mid Cap Blend Equities fund managed by Boston Trust Walden. Over the past year, BAI returned 81.63% vs 3.31% for WASMX. At a 0.37 correlation, their price movements are largely independent. BAI charges 0.55%/yr vs 1.00%/yr for WASMX.

Performance

BAI vs. WASMX - 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 Boston Trust Walden SMID Cap Fund (WASMX). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, BAI achieves a 43.66% return, which is significantly higher than WASMX's 1.27% return.

BAI

1D
5.03%
1M
1.83%
YTD
43.66%
6M
37.39%
1Y
81.63%
3Y*
—
5Y*
—
10Y*
—

WASMX

1D
-0.52%
1M
0.94%
YTD
1.27%
6M
1.51%
1Y
3.31%
3Y*
8.57%
5Y*
4.48%
10Y*
9.69%
*Multi-year figures are annualized to reflect compound growth (CAGR)

BAI vs. WASMX - Yearly Performance Comparison

2026 (YTD)20252024
BAI
iShares A.I. Innovation and Tech Active ETF		43.66%25.22%8.89%
WASMX
Boston Trust Walden SMID Cap Fund		1.27%0.31%-2.04%

Correlation

The correlation between BAI and WASMX is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.31

Correlation (All Time)
Calculated using the full available price history since Oct 22, 2024

0.37

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares A.I. Innovation and Tech Active ETF

Boston Trust Walden SMID Cap Fund

Often compared with BAI:
BAI vs. SMHBAI vs. CHATBAI vs. ARTYBAI vs. AISBAI vs. SOXXBAI vs. AIQBAI vs. TCAI
Often compared with WASMX:
WASMX vs. SMIGWASMX vs. PARMXWASMX vs. IWRWASMX vs. DFCEXWASMX vs. QQQWASMX vs. FSMDXWASMX vs. FSMAX

Return for Risk

BAI vs. WASMX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
BAI
BAI Risk / Return Rank: 7878
Overall Rank
BAI Sharpe Ratio Rank: 8282
Sharpe Ratio Rank
BAI Sortino Ratio Rank: 6767
Sortino Ratio Rank
BAI Omega Ratio Rank: 7171
Omega Ratio Rank
BAI Calmar Ratio Rank: 9090
Calmar Ratio Rank
BAI Martin Ratio Rank: 7878
Martin Ratio Rank
WASMX
WASMX Risk / Return Rank: 55
Overall Rank
WASMX Sharpe Ratio Rank: 55
Sharpe Ratio Rank
WASMX Sortino Ratio Rank: 66
Sortino Ratio Rank
WASMX Omega Ratio Rank: 55
Omega Ratio Rank
WASMX Calmar Ratio Rank: 66
Calmar Ratio Rank
WASMX Martin Ratio Rank: 66
Martin Ratio Rank
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. WASMX - 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 Boston Trust Walden SMID Cap Fund (WASMX). 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.

BAIWASMXDifference
Sharpe ratioReturn per unit of total volatility
2.39
0.33

+2.06

Sortino ratioReturn per unit of downside risk
2.76
0.60

+2.16

Omega ratioGain probability vs. loss probability

1.38

1.07

+0.31

Calmar ratioReturn relative to maximum drawdown

5.06

0.39

+4.67

Martin ratioReturn relative to average drawdown

13.64

1.09

+12.55

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BAI vs. WASMX - Sharpe Ratio Comparison

The current BAI Sharpe Ratio is 2.39, which is higher than the WASMX Sharpe Ratio of 0.33. The chart below compares the historical Sharpe Ratios of BAI and WASMX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

BAIWASMXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.39

0.33

+2.06

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.26

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.52

—

Sharpe Ratio (All Time)

Calculated using the full available price history

1.42

0.59

+0.83

Drawdowns

BAI vs. WASMX - Drawdown Comparison

The maximum BAI drawdown since its inception was -34.09%, smaller than the maximum WASMX drawdown of -37.74%. Use the drawdown chart below to compare losses from any high point for BAI and WASMX.

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Drawdown Indicators

BAIWASMXDifference

Max Drawdown

Largest peak-to-trough decline

-34.09%

-37.74%

+3.65%

Max Drawdown (1Y)

Largest decline over 1 year

-16.22%

-11.38%

-4.84%

Max Drawdown (3Y)

Largest decline over 3 years

—

-20.52%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-23.07%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-37.74%

—

Current Drawdown

Current decline from peak

-7.86%

-6.31%

-1.55%

Average Drawdown

Average peak-to-trough decline

-6.94%

-5.22%

-1.72%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.01%

4.08%

+1.93%

Volatility

BAI vs. WASMX - Volatility Comparison

iShares A.I. Innovation and Tech Active ETF (BAI) has a higher volatility of 16.22% compared to Boston Trust Walden SMID Cap Fund (WASMX) at 2.86%. This indicates that BAI's price experiences larger fluctuations and is considered to be riskier than WASMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

BAIWASMXDifference

Volatility (1M)

Calculated over the trailing 1-month period

16.22%

2.86%

+13.36%

Volatility (6M)

Calculated over the trailing 6-month period

28.73%

9.11%

+19.62%

Volatility (1Y)

Calculated over the trailing 1-year period

34.44%

13.55%

+20.89%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

36.07%

17.15%

+18.92%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

36.07%

18.60%

+17.47%

BAI vs. WASMX - Expense Ratio Comparison

BAI has a 0.55% expense ratio, which is lower than WASMX's 1.00% expense ratio.

Dividends

BAI vs. WASMX - Dividend Comparison

BAI's dividend yield for the trailing twelve months is around 1.25%, less than WASMX's 1.63% yield.

PositionTTM20252024202320222021202020192018201720162015
BAI
iShares A.I. Innovation and Tech Active ETF		1.25%1.80%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
WASMX
Boston Trust Walden SMID Cap Fund		1.63%1.65%1.67%0.52%4.90%4.75%1.86%9.96%4.40%0.52%5.41%7.06%

Frequently Asked Questions

BAI and WASMX have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

BAI has higher volatility (16.22%) compared to WASMX (2.86%). In terms of maximum drawdown, BAI dropped -34.09% vs WASMX's -37.74%.

BAI currently has the higher Sharpe Ratio (2.39 vs 0.33), 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.

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