BALQ vs. ENFR
BALQ (iShares Nasdaq Premium Income Active ETF) and ENFR (Alerian Energy Infrastructure ETF) are both exchange-traded funds - BALQ is a Nasdaq-100 fund actively managed by iShares, while ENFR is a Energy Equities fund tracking the Alerian Midstream Energy Select Index. BALQ is actively managed, while ENFR is passively managed. At a correlation of -0.26, they often move in opposite directions. Both charge a 0.35% expense ratio.
Performance
BALQ vs. ENFR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BALQ achieves a 18.59% return, which is significantly lower than ENFR's 24.93% return.
BALQ
- 1D
- -3.11%
- 1M
- -0.12%
- YTD
- 18.59%
- 6M
- 17.39%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ENFR
- 1D
- 1.51%
- 1M
- -4.52%
- YTD
- 24.93%
- 6M
- 25.03%
- 1Y
- 27.76%
- 3Y*
- 28.90%
- 5Y*
- 20.07%
- 10Y*
- 11.98%
BALQ vs. ENFR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BALQ iShares Nasdaq Premium Income Active ETF | 18.59% | 0.04% |
ENFR Alerian Energy Infrastructure ETF | 24.93% | 0.86% |
Correlation
The correlation between BALQ and ENFR is -0.26, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 3, 2025 | -0.26 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BALQ vs. ENFR — Risk / Return Rank
BALQ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
ENFR
BALQ vs. ENFR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Nasdaq Premium Income Active ETF (BALQ) and Alerian Energy Infrastructure ETF (ENFR). 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 | ENFR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.32 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.23 | — |
| Martin ratioReturn relative to average drawdown | — | 8.24 | — |
Loading charts...
Drawdowns
BALQ vs. ENFR - Drawdown Comparison
The maximum BALQ drawdown since its inception was -11.79%, smaller than the maximum ENFR drawdown of -68.28%. Use the drawdown chart below to compare losses from any high point for BALQ and ENFR.
Loading charts...
Drawdown Indicators
| BALQ | ENFR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.79% | -68.28% | +56.49% |
Max Drawdown (1Y)Largest decline over 1 year | — | -8.64% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -15.58% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -20.29% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -62.64% | — |
Current DrawdownCurrent decline from peak | -3.71% | -4.71% | +1.00% |
Average DrawdownAverage peak-to-trough decline | -2.40% | -15.94% | +13.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.38% | — |
Volatility
BALQ vs. ENFR - Volatility Comparison
Loading charts...
Volatility by Period
| BALQ | ENFR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 5.69% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 11.60% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 20.62% | 14.86% | +5.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.62% | 19.25% | +1.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.62% | 24.68% | -4.06% |
BALQ vs. ENFR - Expense Ratio Comparison
Both BALQ and ENFR have an expense ratio of 0.35%.
Dividends
BALQ vs. ENFR - Dividend Comparison
BALQ's dividend yield for the trailing twelve months is around 4.76%, more than ENFR's 4.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BALQ iShares Nasdaq Premium Income Active ETF | 4.76% | 0.95% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ENFR Alerian Energy Infrastructure ETF | 4.02% | 4.77% | 4.41% | 5.48% | 5.23% | 7.86% | 7.57% | 5.81% | 3.98% | 2.98% | 3.31% | 3.34% |
Frequently Asked Questions
BALQ and ENFR have a correlation of -0.26, 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 ENFR have the same expense ratio: 0.35% per year.
BALQ has the higher dividend yield at 4.76%, compared with 4.02% for ENFR.
BALQ is categorized as Nasdaq-100, while ENFR is Energy Equities. They also come from different issuers: iShares and SS&C.
Find the right allocation for BALQ and ENFR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer