BALQ vs. IBIT
BALQ (iShares Nasdaq Premium Income Active ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - BALQ is a Nasdaq-100 fund actively managed by iShares, while IBIT is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. BALQ is actively managed, while IBIT is passively managed. At a 0.48 correlation, their price movements are largely independent. BALQ charges 0.35%/yr vs 0.25%/yr for IBIT.
Performance
BALQ vs. IBIT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BALQ achieves a 17.54% return, which is significantly higher than IBIT's -26.71% return.
BALQ
- 1D
- -1.81%
- 1M
- -2.86%
- 6M
- 15.73%
- YTD
- 17.54%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IBIT
- 1D
- -1.14%
- 1M
- -2.10%
- 6M
- -32.61%
- YTD
- -26.71%
- 1Y
- -46.35%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BALQ vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BALQ iShares Nasdaq Premium Income Active ETF | 17.54% | 0.04% |
IBIT iShares Bitcoin Trust ETF | -26.71% | -3.91% |
Correlation
The correlation between BALQ and IBIT is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 3, 2025 | 0.48 |
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. IBIT — Risk / Return Rank
BALQ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IBIT
BALQ vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Nasdaq Premium Income Active ETF (BALQ) and iShares Bitcoin Trust ETF (IBIT). 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 | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.82 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.87 | — |
| Martin ratioReturn relative to average drawdown | — | -1.40 | — |
Loading charts...
Drawdowns
BALQ vs. IBIT - Drawdown Comparison
The maximum BALQ drawdown since its inception was -11.79%, smaller than the maximum IBIT drawdown of -53.30%. Use the drawdown chart below to compare losses from any high point for BALQ and IBIT.
Loading charts...
Drawdown Indicators
| BALQ | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.79% | -53.30% | +41.51% |
Max Drawdown (1Y)Largest decline over 1 year | — | -53.30% | — |
Current DrawdownCurrent decline from peak | -4.56% | -48.95% | +44.39% |
Average DrawdownAverage peak-to-trough decline | -2.47% | -17.71% | +15.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 33.14% | — |
Volatility
BALQ vs. IBIT - Volatility Comparison
Loading charts...
Volatility by Period
| BALQ | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 10.89% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 34.83% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 20.86% | 44.38% | -23.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.86% | 49.92% | -29.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.86% | 49.92% | -29.06% |
BALQ vs. IBIT - Expense Ratio Comparison
BALQ has a 0.35% expense ratio, which is higher than IBIT's 0.25% expense ratio.
Dividends
BALQ vs. IBIT - Dividend Comparison
BALQ's dividend yield for the trailing twelve months is around 6.12%, while IBIT has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
BALQ iShares Nasdaq Premium Income Active ETF | 6.12% | 0.95% |
IBIT iShares Bitcoin Trust ETF | 0.00% | 0.00% |
Frequently Asked Questions
BALQ and IBIT have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IBIT is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IBIT is cheaper with a 0.25% expense ratio, compared with 0.35% for BALQ.
BALQ has the higher dividend yield at 6.12%, compared with 0.00% for IBIT.
BALQ is categorized as Nasdaq-100, while IBIT is Cryptocurrency. Their fees differ too: 0.35% for BALQ and 0.25% for IBIT.
Find the right allocation for BALQ and IBIT
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