Key stats
About BlackRock ETF Trust iShares A.I. Innovation and Tech Active ETF
Home page
Inception date
Oct 21, 2024
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
BAI is actively managed and invests at least 80% of its net assets in artificial intelligence (AI), technology, and technology-related companies. It utilizes a proprietary framework to map companies to an AI stack. The fund focuses on AI innovation and seeks to invest in companies that meet revenue or net income thresholds or are projected to be future market leaders in AI technology. It has a global investment approach, including emerging markets, and does not limit itself to any specific market capitalization. The fund may purchase convertible securities, invest in IPOs, and use derivatives to potentially enhance returns, which involves leveraging risk. Additionally, the fund engages in active and frequent trading of portfolio securities. It concentrates its investments in the technology industry.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Stocks93.75%
Technology Services54.70%
Electronic Technology27.46%
Retail Trade6.25%
Producer Manufacturing3.53%
Communications1.81%
Bonds, Cash & Other6.25%
Corporate3.42%
Cash2.83%
Stock breakdown by region
North America76.37%
Asia15.90%
Europe4.97%
Middle East2.75%
Latin America0.00%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history