Blackrock Advantage Large Cap Income ETF (BALI)
BALI is an actively managed ETF by BlackRock. BALI launched on Sep 26, 2023 and has a 0.35% expense ratio.
ETF Info
| Issuer | BlackRock |
|---|---|
| Inception Date | Sep 26, 2023 |
| Category | Derivative Income |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
BALI features an expense ratio of 0.35%, falling within the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: BALI vs. JEPI, BALI vs. GPIX, BALI vs. QDPL, BALI vs. JEPQ, BALI vs. RDVI, BALI vs. SPYI, BALI vs. VIG, BALI vs. FEPI, BALI vs. PAVE, BALI vs. FDVV
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Blackrock Advantage Large Cap Income ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Blackrock Advantage Large Cap Income ETF had a return of 24.88% year-to-date (YTD) and 32.97% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 24.88% | 25.45% |
| 1 month | 3.64% | 2.91% |
| 6 months | 13.46% | 14.05% |
| 1 year | 32.97% | 35.64% |
| 5 years (annualized) | N/A | 14.13% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of BALI, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2.26% | 3.75% | 3.67% | -3.58% | 4.00% | 3.81% | 0.61% | 2.30% | 1.77% | -0.60% | 24.88% | ||
| 2023 | -0.33% | -1.23% | 7.69% | 3.30% | 9.52% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of BALI is 87, placing it in the top 13% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Blackrock Advantage Large Cap Income ETF (BALI) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Blackrock Advantage Large Cap Income ETF provided a 6.68% dividend yield over the last twelve months, with an annual payout of $2.09 per share.
| Period | TTM | 2023 |
|---|---|---|
| Dividend | $2.09 | $0.57 |
Dividend yield | 6.68% | 2.13% |
Monthly Dividends
The table displays the monthly dividend distributions for Blackrock Advantage Large Cap Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.16 | $0.18 | $0.14 | $0.20 | $0.13 | $0.17 | $0.19 | $0.23 | $0.20 | $0.13 | $1.73 | |
| 2023 | $0.20 | $0.36 | $0.57 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Blackrock Advantage Large Cap Income ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Blackrock Advantage Large Cap Income ETF was 7.74%, occurring on Aug 5, 2024. Recovery took 32 trading sessions.
The current Blackrock Advantage Large Cap Income ETF drawdown is 0.17%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -7.74% | Jul 17, 2024 | 14 | Aug 5, 2024 | 32 | Sep 19, 2024 | 46 |
| -5.26% | Oct 17, 2023 | 9 | Oct 27, 2023 | 7 | Nov 7, 2023 | 16 |
| -4.79% | Apr 1, 2024 | 15 | Apr 19, 2024 | 17 | May 14, 2024 | 32 |
| -2.13% | Oct 21, 2024 | 9 | Oct 31, 2024 | 4 | Nov 6, 2024 | 13 |
| -1.68% | May 22, 2024 | 6 | May 30, 2024 | 4 | Jun 5, 2024 | 10 |
Volatility
Volatility Chart
The current Blackrock Advantage Large Cap Income ETF volatility is 3.49%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.