BALQ vs. BALI
BALQ (iShares Nasdaq Premium Income Active ETF) and BALI (Blackrock Advantage Large Cap Income ETF) are both exchange-traded funds - BALQ is a Nasdaq-100 fund actively managed by iShares, while BALI is a Derivative Income fund actively managed by BlackRock. Both are actively managed. Their correlation of 0.89 suggests significant overlap in exposure. Both charge a 0.35% expense ratio.
Performance
BALQ vs. BALI - Performance Comparison
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Returns By Period
In the year-to-date period, BALQ achieves a 18.78% return, which is significantly higher than BALI's 11.48% return.
BALQ
- 1D
- -1.73%
- 1M
- -0.64%
- 6M
- 16.09%
- YTD
- 18.78%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BALI
- 1D
- -0.47%
- 1M
- 1.34%
- 6M
- 9.81%
- YTD
- 11.48%
- 1Y
- 22.02%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BALQ vs. BALI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BALQ iShares Nasdaq Premium Income Active ETF | 18.78% | 0.04% |
BALI Blackrock Advantage Large Cap Income ETF | 11.48% | 0.73% |
Correlation
The correlation between BALQ and BALI is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 3, 2025 | 0.89 |
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Return for Risk
BALQ vs. BALI — Risk / Return Rank
BALQ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BALI
BALQ vs. BALI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Nasdaq Premium Income Active ETF (BALQ) 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.
| BALQ | BALI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.39 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.29 | — |
| Martin ratioReturn relative to average drawdown | — | 15.39 | — |
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Drawdowns
BALQ vs. BALI - Drawdown Comparison
The maximum BALQ drawdown since its inception was -11.79%, smaller than the maximum BALI drawdown of -16.65%. Use the drawdown chart below to compare losses from any high point for BALQ and BALI.
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Drawdown Indicators
| BALQ | BALI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.79% | -16.65% | +4.86% |
Max Drawdown (1Y)Largest decline over 1 year | — | -6.71% | — |
Current DrawdownCurrent decline from peak | -3.55% | -0.47% | -3.08% |
Average DrawdownAverage peak-to-trough decline | -2.45% | -1.62% | -0.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.43% | — |
Volatility
BALQ vs. BALI - Volatility Comparison
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Volatility by Period
| BALQ | BALI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.16% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 8.31% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 20.87% | 10.48% | +10.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.87% | 12.93% | +7.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.87% | 12.93% | +7.94% |
BALQ vs. BALI - Expense Ratio Comparison
Both BALQ and BALI have an expense ratio of 0.35%.
Dividends
BALQ vs. BALI - Dividend Comparison
BALQ's dividend yield for the trailing twelve months is around 6.05%, less than BALI's 7.90% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
BALI Blackrock Advantage Large Cap Income ETF | 7.90% | 8.51% | 7.13% | 2.13% |
BALQ iShares Nasdaq Premium Income Active ETF | 6.05% | 0.95% | 0.00% | 0.00% |
Frequently Asked Questions
BALQ and BALI have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.35% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
BALQ and BALI have the same expense ratio: 0.35% per year.
BALI has the higher dividend yield at 7.90%, compared with 6.05% for BALQ.
BALQ is categorized as Nasdaq-100, while BALI is Derivative Income. They also come from different issuers: iShares and BlackRock.
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