BALQ vs. IPDP

Last updated Apr 1, 2026

Compare and contrast key facts about iShares Nasdaq Premium Income Active ETF (BALQ) and Dividend Performers ETF (IPDP).

BALQ and IPDP 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. IPDP is an actively managed fund by Innovative Portfolios. It was launched on Dec 24, 2018.

Performance

BALQ vs. IPDP - Performance Comparison

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

BALQ vs. IPDP - Yearly Performance Comparison

	2026 (YTD)
BALQ iShares Nasdaq Premium Income Active ETF	-5.11%
IPDP Dividend Performers ETF	0.00%

Returns By Period

BALQ

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

IPDP

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BALQ vs. IPDP - Expense Ratio Comparison

BALQ has a 0.35% expense ratio, which is lower than IPDP's 1.52% expense ratio.

IPDP

Dividend Performers ETF

BALQ

iShares Nasdaq Premium Income Active ETF

Return for Risk

BALQ vs. IPDP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Nasdaq Premium Income Active ETF (BALQ) and Dividend Performers ETF (IPDP). 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	IPDP	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.89	—	—

Dividends

BALQ vs. IPDP - Dividend Comparison

BALQ's dividend yield for the trailing twelve months is around 2.71%, while IPDP has not paid dividends to shareholders.

	TTM	2025
BALQ iShares Nasdaq Premium Income Active ETF	2.71%	0.95%
IPDP Dividend Performers ETF	0.00%	0.00%

Drawdowns

BALQ vs. IPDP - Drawdown Comparison

The maximum BALQ drawdown since its inception was -11.79%, which is greater than IPDP's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for BALQ and IPDP.

Drawdown Indicators

	BALQ	IPDP	Difference
Max Drawdown Largest peak-to-trough decline	-11.79%	0.00%	-11.79%
Current Drawdown Current decline from peak	-8.60%	0.00%	-8.60%
Average Drawdown Average peak-to-trough decline	-3.03%	0.00%	-3.03%

Volatility

Volatility by Period

	BALQ	IPDP	Difference
Volatility (1Y) Calculated over the trailing 1-year period	18.38%	0.00%	+18.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.38%	0.00%	+18.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.38%	0.00%	+18.38%