iShares Nasdaq Premium Income Active ETF (BALQ) Alternatives
iShares Nasdaq Premium Income Active ETF (BALQ) 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 BALQ. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to BALQ
BALQ charges 0.35% annually. Among ETFs in the Derivative Income category, these options have the lowest expense ratios among BALQ alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| State Street US Equity Premium Income ETF | 0.25% | Sep 5, 2024 | BALQ vs SPIN | |
| iShares S&P 500 BuyWrite ETF | 0.25% | Mar 14, 2024 | BALQ vs IVVW | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | Apr 9, 2024 | BALQ vs FYEE | |
| Parametric Equity Premium Income ETF | 0.29% | Oct 16, 2023 | BALQ vs PAPI | |
| Invesco S&P 500 BuyWrite ETF | 0.29% | Dec 20, 2007 | BALQ vs PBP |
Best Risk-Adjusted Alternatives to BALQ
Among ETFs in the Derivative Income category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| YieldMax GOOGL Option Income Strategy ETF | 97 | Jul 27, 2023 | BALQ vs GOOY | |
| YieldMax TSM Option Income Strategy ETF | 96 | Aug 20, 2024 | BALQ vs TSMY | |
| Kurv Yield Premium Strategy Google ETF | 92 | Oct 30, 2023 | BALQ vs GOOP | |
| Amplify CWP Enhanced Dividend Income ETF | 80 | Dec 13, 2016 | BALQ vs DIVO | |
| Defiance Oil Enhanced Options Income ETF | 80 | May 9, 2024 | BALQ vs USOY |
Top Performing BALQ Alternatives (YTD)
BALQ alternatives from the Derivative Income category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Defiance Oil Enhanced Options Income ETF | 60.22% | May 9, 2024 | BALQ vs USOY | |
| YieldMax MRNA Option Income Strategy ETF | 57.12% | Oct 23, 2023 | BALQ vs MRNY | |
| YieldMax XOM Option Income Strategy ETF | 28.99% | Aug 30, 2023 | BALQ vs XOMO | |
| YieldMax Short TSLA Option Income Strategy ETF | 20.49% | May 1, 2024 | BALQ vs CRSH | |
| Roundhill COST WeeklyPay ETF | 17.20% | Oct 23, 2025 | BALQ vs COSW |
Lowest Volatility Alternatives to BALQ
BALQ alternatives from the Derivative Income category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Dividend Performers ETF | 0.00% | Dec 24, 2018 | BALQ vs IPDP | |
| Global X NASDAQ 100 ESG Covered Call ETF | 0.00% | Feb 21, 2023 | BALQ vs QYLE | |
| FT Vest Investment Grade & Target Income ETF | 6.23% | Feb 11, 2025 | BALQ vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | 6.88% | Aug 25, 2021 | BALQ vs XRMI | |
| Global X NASDAQ 100 Risk Managed Income ETF | 7.74% | Aug 25, 2021 | BALQ vs QRMI |
Lowest Drawdown Alternatives to BALQ
BALQ alternatives from the Derivative Income category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| FT Vest Investment Grade & Target Income ETF | -3.41% | Feb 11, 2025 | BALQ vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | -5.02% | Aug 25, 2021 | BALQ vs XRMI | |
| Global X NASDAQ 100 Risk Managed Income ETF | -5.04% | Aug 25, 2021 | BALQ vs QRMI | |
| Kensington Hedged Premium Income ETF | -6.55% | Sep 4, 2024 | BALQ vs KHPI | |
| T. Rowe Price Capital Appreciation Premium Income ... | -7.24% | Mar 26, 2025 | BALQ vs TCAL |
Other ETFs from iShares
Most popular iShares ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | Ultrashort Bond | 100 | 0.86% | May 26, 2020 | BALQ vs SGOV | |
| iShares Bitcoin Trust ETF | Cryptocurrency | 6 | -22.62% | Jan 5, 2024 | BALQ vs IBIT | |
| iShares Core S&P 500 ETF | S&P 500 | 65 | -4.38% | May 15, 2000 | BALQ vs IVV | |
| iShares 20+ Year Treasury Bond ETF | Government Bonds, Long-Term Bond | 12 | 0.17% | Jul 22, 2002 | BALQ vs TLT | |
| iShares Core Dividend Growth ETF | Large Cap Growth Equities, Dividend | 69 | 1.57% | Jun 10, 2014 | BALQ vs DGRO | |
| iShares Silver Trust | Precious Metals | 89 | 5.77% | Apr 21, 2006 | BALQ vs SLV | |
| iShares Semiconductor ETF | Semiconductors, Technology Equities | 92 | 9.20% | Jul 10, 2001 | BALQ vs SOXX | |
| iShares Gold Trust | Gold, Precious Metals | 87 | 8.61% | Jan 21, 2005 | BALQ vs IAU | |
| iShares Russell 2000 ETF | Small Cap Blend Equities | 69 | 0.93% | May 22, 2000 | BALQ vs IWM | |
| iShares MSCI ACWI ETF | Large Cap Growth Equities | 75 | -2.21% | Mar 26, 2008 | BALQ vs ACWI |
Often Compared With BALQ
What investors most often compare with BALQ, based on PortfoliosLab usage data.
Compare BALQ with Any Fund or Stock
Compare BALQ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.