Blackrock Advantage Large Cap Income ETF (BALI) belongs to the Derivative Income category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with BALI. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BALI
BALI charges 0.35% annually. There are 11 ETFs in the Derivative Income category with lower expense ratios, going as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parametric Equity Plus ETF | 0.10% | 29.28M | Nov 2024 | BALI vs PEPS | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 324.77M | Mar 2024 | BALI vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 45.73M | Sep 2024 | BALI vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 198.84M | Apr 2024 | BALI vs FYEE | |
| Invesco QQQ Income Advantage ETF | 0.29% | 787.43M | Jul 2024 | BALI vs QQA |
Best Risk-Adjusted Alternatives to BALI
BALI has a PortfoliosLab risk / return rank of 85. There are 13 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 96 | 474.96M | Oct 2022 | BALI vs BUCK | |
| SoFi Enhanced Yield ETF | 95 | 34.73M | Nov 2023 | BALI vs THTA | |
| YieldMax GOOGL Option Income Strategy ETF | 92 | 246.95M | Jul 2023 | BALI vs GOOY | |
| YieldMax Semiconductor Portfolio Option Income ETF | 91 | 1.16B | Apr 2025 | BALI vs CHPY | |
| First Trust Nasdaq BuyWrite Income ETF | 91 | 938.31M | Jan 2014 | BALI vs FTQI |
Top Performing BALI Alternatives (YTD)
BALI is at 12.07% YTD. There are 48 ETFs in the Derivative Income category with higher YTD returns, going as high as 163.57%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill AMD WeeklyPay ETF | 163.57% | 116.76M | Jul 2025 | BALI vs AMDW | |
| Roundhill ARM WeeklyPay ETF | 161.70% | 27.86M | Oct 2025 | BALI vs ARMW | |
| YieldMax AMD Option Income Strategy ETF | 97.19% | 443.39M | Sep 2023 | BALI vs AMDY | |
| YieldMax MRNA Option Income Strategy ETF | 80.55% | 127.56M | Oct 2023 | BALI vs MRNY | |
| YieldMax Semiconductor Portfolio Option Income ETF | 63.11% | 1.16B | Apr 2025 | BALI vs CHPY |
Lowest Volatility Alternatives to BALI
BALI has 10.45% 1-year volatility. There are 45 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 2.74%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 2.74% | 474.96M | Oct 2022 | BALI vs BUCK | |
| FT Vest Laddered Autocallable Barrier & Resilient ... | 3.38% | 206.17M | Apr 2026 | BALI vs ACYS | |
| FT Vest High Yield & Target Income ETF | 3.87% | 88.48M | Feb 2025 | BALI vs HYTI | |
| Main Buywrite ETF | 4.84% | 1.26B | Dec 2015 | BALI vs BUYW | |
| GraniteShares YieldBOOST 20Y+ Treasuries ETF | 4.95% | 726.94K | May 2026 | BALI vs FIYY |
Lowest Drawdown Alternatives to BALI
BALI has a 1-year max drawdown of -6.71%. There are 32 ETFs in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -0.84%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | -0.84% | 474.96M | Oct 2022 | BALI vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 88.48M | Feb 2025 | BALI vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.26B | Dec 2015 | BALI vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | BALI vs THTA | |
| VistaShares Target 15™ Berkshire Select Income ETF | -3.00% | 774.36M | Mar 2025 | BALI vs OMAH |
Other ETFs from BlackRock
The 10 most viewed BlackRock ETFs shown here include CLOA, BRTR, BLCR and span 11 categories. AUM among these funds goes as high as $7B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| iShares AAA CLO Active ETF | CLO | 99 | 2.50% | 2.15B | Jan 2023 | BALI vs CLOA | |
| Blackrock Total Return ETF | Intermediate Core-Plus Bond | 43 | 0.37% | 721.07M | Dec 2023 | BALI vs BRTR | |
| Blackrock Large Cap Core ETF | Large Cap Blend Equities | 80 | 15.35% | 6.50B | Oct 2023 | BALI vs BLCR | |
| iShares Prime Money Market ETF | Money Market | 100 | 1.95% | 645.79M | Feb 2025 | BALI vs PMMF | |
| BlackRock Floating Rate Loan ETF | Bank Loan | 41 | 1.33% | 53.54M | Oct 2022 | BALI vs BRLN | |
| BlackRock World ex U.S. Carbon Transition Readines... | Alternative Energy Equities | 44 | 7.71% | 282.22M | Apr 2021 | BALI vs LCTD | |
| BlackRock Future Financial and Technology ETF | Financials Equities | 5 | -0.95% | 9.60M | Aug 2022 | BALI vs BPAY | |
| Future Tech ETF | Technology Equities | — | — | 12.05M | Sep 2020 | BALI vs BTEK | |
| Blackrock Large Cap Value ETF | Large Cap Value Equities | — | — | 346.48M | May 2023 | BALI vs BLCV | |
| BlackRock U.S. Carbon Transition Readiness ETF | ESG, Sustainable | 60 | 9.64% | 1.50B | Apr 2021 | BALI vs LCTU |
Often Compared With BALI
Investors most often compare BALI with JEPI, GPIX, SPYI. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare BALI with Any Fund or Stock
Compare BALI with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BALI with funds that move differently
Blackrock Advantage Large Cap Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BALI.
Explore BALI Diversifiers