PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
Blackrock Advantage Large Cap Income ETF (BALI)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

Issuer

BlackRock

Inception Date

Sep 26, 2023

Leveraged

1x

Index Tracked

No Index (Active)

Asset Class

Equity

Asset Class Size

Large-Cap

Asset Class Style

Blend

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. FEPI BALI vs. VIG BALI vs. PAVE BALI vs. FDVV
Popular comparisons:
BALI vs. JEPI BALI vs. GPIX BALI vs. QDPL BALI vs. JEPQ BALI vs. RDVI BALI vs. SPYI BALI vs. FEPI BALI vs. VIG 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.


0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
12.15%
12.14%
BALI (Blackrock Advantage Large Cap Income ETF)
Benchmark (^GSPC)

Returns By Period

Blackrock Advantage Large Cap Income ETF had a return of 23.91% year-to-date (YTD) and 28.34% in the last 12 months.


BALI

YTD

23.91%

1M

1.78%

6M

12.60%

1Y

28.34%

5Y (annualized)

N/A

10Y (annualized)

N/A

^GSPC (Benchmark)

YTD

24.72%

1M

1.67%

6M

12.93%

1Y

30.55%

5Y (annualized)

13.88%

10Y (annualized)

11.16%

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20242.26%3.75%3.67%-3.58%4.00%3.81%0.61%2.30%1.77%-0.60%23.91%
2023-0.33%-1.23%7.69%3.30%9.52%

Expense Ratio

BALI features an expense ratio of 0.35%, falling within the medium range.


Expense ratio chart for BALI: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%

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.


The Risk-Adjusted Performance Rank of BALI is 8787
Combined Rank
The Sharpe Ratio Rank of BALI is 9191
Sharpe Ratio Rank
The Sortino Ratio Rank of BALI is 8787
Sortino Ratio Rank
The Omega Ratio Rank of BALI is 8989
Omega Ratio Rank
The Calmar Ratio Rank of BALI is 8383
Calmar Ratio Rank
The Martin Ratio Rank of BALI is 8585
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


Sharpe ratio
The chart of Sharpe ratio for BALI, currently valued at 2.85, compared to the broader market0.002.004.002.852.54
The chart of Sortino ratio for BALI, currently valued at 3.79, compared to the broader market-2.000.002.004.006.008.0010.003.793.40
The chart of Omega ratio for BALI, currently valued at 1.54, compared to the broader market0.501.001.502.002.503.001.541.47
The chart of Calmar ratio for BALI, currently valued at 3.73, compared to the broader market0.005.0010.0015.003.733.66
The chart of Martin ratio for BALI, currently valued at 17.07, compared to the broader market0.0020.0040.0060.0080.00100.0017.0716.26
BALI
^GSPC

The current Blackrock Advantage Large Cap Income ETF Sharpe ratio is 2.85. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Blackrock Advantage Large Cap Income ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio2.402.602.803.003.203.403.603.80Oct 06Oct 13Oct 20Oct 27Nov 03Nov 10Nov 17
2.85
2.54
BALI (Blackrock Advantage Large Cap Income ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Blackrock Advantage Large Cap Income ETF provided a 6.73% dividend yield over the last twelve months, with an annual payout of $2.09 per share.


2.13%$0.00$0.10$0.20$0.30$0.40$0.50$0.602023
Dividends
Dividend Yield
PeriodTTM2023
Dividend$2.09$0.57

Dividend yield

6.73%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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
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.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.94%
-0.88%
BALI (Blackrock Advantage Large Cap Income ETF)
Benchmark (^GSPC)

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 0.94%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-7.74%Jul 17, 202414Aug 5, 202432Sep 19, 202446
-5.26%Oct 17, 20239Oct 27, 20237Nov 7, 202316
-4.79%Apr 1, 202415Apr 19, 202417May 14, 202432
-2.13%Oct 21, 20249Oct 31, 20244Nov 6, 202413
-2.03%Nov 12, 20244Nov 15, 2024

Volatility

Volatility Chart

The current Blackrock Advantage Large Cap Income ETF volatility is 3.68%, 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.


1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
3.68%
3.96%
BALI (Blackrock Advantage Large Cap Income ETF)
Benchmark (^GSPC)