ATCL vs. BALI

Last updated Aug 6, 2026

ATCL (REX Autocallable Income ETF) and BALI (Blackrock Advantage Large Cap Income ETF) are both Derivative Income funds. Both are actively managed. Their 0.80 correlation means they have sometimes moved together and sometimes differently. ATCL charges 0.65%/yr vs 0.35%/yr for BALI.

Performance

ATCL vs. BALI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in REX Autocallable Income ETF (ATCL) and Blackrock Advantage Large Cap Income ETF (BALI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ATCL

• 1D: -0.07%
• 1M: 1.13%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

BALI

• 1D: 0.12%
• 1M: 3.53%
• 6M: 13.95%
• YTD: 15.45%
• 1Y: 25.11%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 22.28%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ATCL REX Autocallable Income ETF	$380.40K	$492.46K	$828.27K
BALI Blackrock Advantage Large Cap Income ETF	$7.36M	$7.38M	$9.08M

ATCL vs. BALI - Yearly Performance Comparison

	2026 (YTD)
ATCL REX Autocallable Income ETF	4.87%
BALI Blackrock Advantage Large Cap Income ETF	14.09%

Correlation

The correlation between ATCL and BALI is 0.80, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 18, 2026	0.80

Return for Risk

ATCL vs. BALI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ATCL

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

BALI

BALI Risk / Return Rank: 89
BALI Sharpe Ratio Rank: 89
BALI Sortino Ratio Rank: 88
BALI Omega Ratio Rank: 89
BALI Calmar Ratio Rank: 86
BALI Martin Ratio Rank: 92

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ATCL vs. BALI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX Autocallable Income ETF (ATCL) and Blackrock Advantage Large Cap Income ETF (BALI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ATCL	BALI	Difference
Sharpe ratio: Return per unit of total volatility	—	2.37	—
Sortino ratio: Return per unit of downside risk	—	3.27	—
Omega ratio: Gain probability vs. loss probability	—	1.44	—
Calmar ratio: Return relative to maximum drawdown	—	3.76	—
Martin ratio: Return relative to average drawdown	—	17.53	—

Drawdowns

ATCL vs. BALI - Drawdown Comparison

The maximum ATCL drawdown since its inception was -6.08%, smaller than the maximum BALI drawdown of -16.65%. Use the drawdown chart below to compare losses from any high point for ATCL and BALI.

Drawdown Indicators

	ATCL	BALI	Difference
Max Drawdown Largest peak-to-trough decline	-6.08%	-16.65%	+10.57%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.71%	—
Current Drawdown Current decline from peak	-0.07%	0.00%	-0.07%
Average Drawdown Average peak-to-trough decline	-0.71%	-1.59%	+0.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.44%	—

Volatility

Volatility by Period

	ATCL	BALI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.28%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.53%	—
Volatility (1Y) Calculated over the trailing 1-year period	7.63%	10.65%	-3.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.63%	12.91%	-5.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.63%	12.91%	-5.28%

ATCL vs. BALI - Expense Ratio Comparison

ATCL has a 0.65% expense ratio, which is higher than BALI's 0.35% expense ratio.

Dividends

ATCL vs. BALI - Dividend Comparison

ATCL's dividend yield for the trailing twelve months is around 5.69%, less than BALI's 7.63% yield.

Position	TTM	2025	2024	2023
ATCL REX Autocallable Income ETF	5.69%	0.00%	0.00%	0.00%
BALI Blackrock Advantage Large Cap Income ETF	7.63%	8.51%	7.13%	2.13%

Frequently Asked Questions

Can I hold both ATCL and BALI in my portfolio?

ATCL and BALI have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ATCL or BALI?

On fees, BALI is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ATCL or BALI?

BALI is cheaper with a 0.35% expense ratio, compared with 0.65% for ATCL.

Which ETF pays a higher dividend yield, ATCL or BALI?

BALI has the higher dividend yield at 7.63%, compared with 5.69% for ATCL.

What is the main difference between ATCL and BALI?

They also come from different issuers: REX Shares and BlackRock. Their fees differ too: 0.65% for ATCL and 0.35% for BALI.