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iShares Nasdaq Premium Income Active ETF (BALQ) belongs to the Nasdaq-100 category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with BALQ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to BALQ

BALQ charges 0.35% annually. There are 6 ETFs in the Nasdaq-100 category with lower expense ratios, going as low as 0.15%.


SymbolNameExpense RatioAUMInception
Invesco NASDAQ 100 ETF0.15%101.29BOct 2020BALQ vs QQQM
Invesco QQQ ETF0.18%493.17BMar 1999BALQ vs QQQ
Invesco ESG NASDAQ 100 ETF0.20%217.98MOct 2021BALQ vs QQMG
iShares Nasdaq-100 ex Top 30 ETF0.20%20.89MOct 2024BALQ vs QNXT
Invesco QQQ Equal Weight ETF0.25%24.12MMar 2026BALQ vs QEW

Best Risk-Adjusted Alternatives to BALQ

Among 43 ETFs in the Nasdaq-100 category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 97.


Top Performing BALQ Alternatives (YTD)

BALQ is at 18.59% YTD. There are 3 ETFs in the Nasdaq-100 category with higher YTD returns, going as high as 64.24%.


Lowest Volatility Alternatives to BALQ

BALQ has 20.62% 1-year volatility. There are 45 ETFs in the Nasdaq-100 category with lower 1-year volatility, going as low as 3.63%.


Lowest Drawdown Alternatives to BALQ

Among 43 ETFs in the Nasdaq-100 category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -1.79%.


Other ETFs from iShares

The 10 most viewed iShares ETFs shown here include SGOV, IBIT, IVV and span 14 categories. AUM among these funds goes as high as $838B.


Often Compared With BALQ

Investors most often compare BALQ with JEPQ, GPIQ, QQQI. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.


SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
JPMorgan Nasdaq Equity Premium Income ETFNasdaq-100, Derivative Income
63
7.85%
40.03BMay 2022BALQ vs JEPQ
Goldman Sachs Nasdaq-100 Core Premium Income ETFNasdaq-100, Dividend
69
14.86%
4.55BOct 2023BALQ vs GPIQ
NEOS Nasdaq-100 High Income ETFNasdaq-100, Derivative Income
53
9.86%
12.65BJan 2024BALQ vs QQQI
Blackrock Advantage Large Cap Income ETFDerivative Income
74
8.90%
1.23BSep 2023BALQ vs BALI
ProShares Nasdaq-100 High Income ETFNasdaq-100, Derivative Income, Dividend
56
13.69%
426.74MMar 2024BALQ vs IQQQ
JPMorgan Flexible Income ETFGlobal Allocation
70
9.03%
48.86MFeb 2025BALQ vs JFLI
Amplify CWP Growth & Income ETFDerivative Income
48
5.51%
711.93MAug 2024BALQ vs QDVO
State Street SPDR S&P 500 ETFS&P 500
59
8.15%
765.27BJan 1993BALQ vs SPY
NEOS Boosted Nasdaq-100 High Income ETFNasdaq-100, Derivative Income219.54MFeb 2026BALQ vs XQQI
Global X NASDAQ 100 Covered Call ETFNasdaq-100, Derivative Income
84
7.89%
8.44BDec 2013BALQ vs QYLD
Global X NASDAQ 100 Tail Risk ETFNasdaq-100, Hedge Fund
53
14.00%
7.82MAug 2021BALQ vs QTR
FT Vest Nasdaq-100 Moderate Buffer ETF - MayNasdaq-100, Defined Outcome
69
4.05%
May 2024BALQ vs QMMY
Global X NASDAQ 100 Risk Managed Income ETFNasdaq-100, Derivative Income
51
2.46%
16.07MAug 2021BALQ vs QRMI
SGI Enhanced Nasdaq-100 ETFNasdaq-100, Derivative Income
68
16.17%
49.89MJun 2024BALQ vs QXQ
FT Vest Laddered Nasdaq Buffer ETFNasdaq-100, Options Trading
79
7.95%
1.49BJun 2022BALQ vs BUFQ
NEOS Nasdaq-100 Hedged Equity Income ETFNasdaq-100, Hedge Fund
49
5.59%
379.69MDec 2019BALQ vs QQQH
State Street US Equity Premium Income ETFDerivative Income
39
0.41%
45.59MSep 2024BALQ vs SPIN
JPMorgan Nasdaq Equity Premium Yield ETFNasdaq-100, Derivative Income348.84MMar 2026BALQ vs ROCQ
JPMorgan Nasdaq Hedged Equity Laddered Overlay ETFNasdaq-100, Equity Hedged
54
4.13%
32.15MBALQ vs HEQQ
Innovator Nasdaq-100 Power Buffer ETF - JulyNasdaq-100, Defined Outcome
85
6.33%
210.48MJun 2020BALQ vs NJUL

Compare BALQ with Any Fund or Stock

Compare BALQ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.


 

Diversifiers

Pair BALQ with funds that move differently

iShares Nasdaq Premium Income Active ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BALQ.

Explore BALQ Diversifiers