BALQ vs. COSW

Last updated Apr 1, 2026

Compare and contrast key facts about iShares Nasdaq Premium Income Active ETF (BALQ) and Roundhill COST WeeklyPay ETF (COSW).

BALQ and COSW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BALQ is an actively managed fund by iShares. It was launched on Dec 2, 2025. COSW is an actively managed fund by Roundhill. It was launched on Oct 23, 2025.

Performance

BALQ vs. COSW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Nasdaq Premium Income Active ETF (BALQ) and Roundhill COST WeeklyPay ETF (COSW). The values are adjusted to include any dividend payments, if applicable.

BALQ vs. COSW - Yearly Performance Comparison

	2026 (YTD)	2025
BALQ iShares Nasdaq Premium Income Active ETF	-4.98%	-0.49%
COSW Roundhill COST WeeklyPay ETF	17.20%	-8.22%

Returns By Period

In the year-to-date period, BALQ achieves a -4.98% return, which is significantly lower than COSW's 17.20% return.

BALQ

• 1D: 3.62%
• 1M: -4.81%
• YTD: -4.98%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

COSW

• 1D: -0.54%
• 1M: -2.62%
• YTD: 17.20%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BALQ vs. COSW - Expense Ratio Comparison

BALQ has a 0.35% expense ratio, which is lower than COSW's 0.99% expense ratio.

COSW

Roundhill COST WeeklyPay ETF

BALQ

iShares Nasdaq Premium Income Active ETF

Return for Risk

BALQ vs. COSW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Nasdaq Premium Income Active ETF (BALQ) and Roundhill COST WeeklyPay ETF (COSW). 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.

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

Sharpe Ratios by Period

	BALQ	COSW	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.89	0.44	-1.33

Correlation

The correlation between BALQ and COSW is -0.01. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

BALQ vs. COSW - Dividend Comparison

BALQ's dividend yield for the trailing twelve months is around 2.71%, less than COSW's 12.26% yield.

	TTM	2025
BALQ iShares Nasdaq Premium Income Active ETF	2.71%	0.95%
COSW Roundhill COST WeeklyPay ETF	12.26%	4.96%

Drawdowns

BALQ vs. COSW - Drawdown Comparison

The maximum BALQ drawdown since its inception was -11.79%, roughly equal to the maximum COSW drawdown of -12.17%. Use the drawdown chart below to compare losses from any high point for BALQ and COSW.

Drawdown Indicators

	BALQ	COSW	Difference
Max Drawdown Largest peak-to-trough decline	-11.79%	-12.17%	+0.38%
Current Drawdown Current decline from peak	-8.60%	-3.28%	-5.32%
Average Drawdown Average peak-to-trough decline	-3.03%	-4.05%	+1.02%

Volatility

Volatility by Period

	BALQ	COSW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	18.38%	25.36%	-6.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.38%	25.36%	-6.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.38%	25.36%	-6.98%