PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
BALI vs. FEPI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

BALI vs. FEPI - Performance Comparison

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

-10.00%-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
10.56%
5.96%
BALI
FEPI

Returns By Period

In the year-to-date period, BALI achieves a 22.94% return, which is significantly higher than FEPI's 15.75% return.


BALI

YTD

22.94%

1M

0.94%

6M

10.72%

1Y

28.54%

5Y (annualized)

N/A

10Y (annualized)

N/A

FEPI

YTD

15.75%

1M

1.75%

6M

6.17%

1Y

22.69%

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


BALIFEPI
Sharpe Ratio2.821.46
Sortino Ratio3.761.90
Omega Ratio1.531.27
Calmar Ratio3.701.62
Martin Ratio16.965.85
Ulcer Index1.69%3.92%
Daily Std Dev10.16%15.81%
Max Drawdown-7.74%-14.17%
Current Drawdown-1.72%-2.43%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


BALI vs. FEPI - Expense Ratio Comparison

BALI has a 0.35% expense ratio, which is lower than FEPI's 0.65% expense ratio.


FEPI
REX FANG & Innovation Equity Premium Income ETF
Expense ratio chart for FEPI: current value at 0.65% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.65%
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%

Correlation

-0.50.00.51.00.8

The correlation between BALI and FEPI is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Risk-Adjusted Performance

BALI vs. FEPI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Blackrock Advantage Large Cap Income ETF (BALI) and REX FANG & Innovation Equity Premium Income ETF (FEPI). 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.


Sharpe ratio
The chart of Sharpe ratio for BALI, currently valued at 2.82, compared to the broader market0.002.004.002.821.46
The chart of Sortino ratio for BALI, currently valued at 3.76, compared to the broader market-2.000.002.004.006.008.0010.003.761.90
The chart of Omega ratio for BALI, currently valued at 1.53, compared to the broader market0.501.001.502.002.503.001.531.27
The chart of Calmar ratio for BALI, currently valued at 3.70, compared to the broader market0.005.0010.0015.003.701.62
The chart of Martin ratio for BALI, currently valued at 16.96, compared to the broader market0.0020.0040.0060.0080.00100.0016.965.85
BALI
FEPI

The current BALI Sharpe Ratio is 2.82, which is higher than the FEPI Sharpe Ratio of 1.46. The chart below compares the historical Sharpe Ratios of BALI and FEPI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.502.002.503.003.50Wed 16Fri 18Oct 20Tue 22Thu 24Sat 26Mon 28Wed 30NovemberNov 03Tue 05Thu 07Sat 09Mon 11Wed 13Fri 15Nov 17
2.82
1.46
BALI
FEPI

Dividends

BALI vs. FEPI - Dividend Comparison

BALI's dividend yield for the trailing twelve months is around 6.78%, less than FEPI's 26.32% yield.


TTM2023
BALI
Blackrock Advantage Large Cap Income ETF
6.78%2.13%
FEPI
REX FANG & Innovation Equity Premium Income ETF
26.32%4.21%

Drawdowns

BALI vs. FEPI - Drawdown Comparison

The maximum BALI drawdown since its inception was -7.74%, smaller than the maximum FEPI drawdown of -14.17%. Use the drawdown chart below to compare losses from any high point for BALI and FEPI. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.72%
-2.43%
BALI
FEPI

Volatility

BALI vs. FEPI - Volatility Comparison

The current volatility for Blackrock Advantage Large Cap Income ETF (BALI) is 3.81%, while REX FANG & Innovation Equity Premium Income ETF (FEPI) has a volatility of 4.79%. This indicates that BALI experiences smaller price fluctuations and is considered to be less risky than FEPI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
3.81%
4.79%
BALI
FEPI