BALQ vs. JFLI
BALQ (iShares Nasdaq Premium Income Active ETF) and JFLI (JPMorgan Flexible Income ETF) are both exchange-traded funds - BALQ is a Nasdaq-100 fund actively managed by iShares, while JFLI is a Global Allocation fund actively managed by JPMorgan. Both are actively managed. Their correlation of 0.91 means they have usually moved in the same direction. Both charge a 0.35% expense ratio.
Performance
BALQ vs. JFLI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BALQ achieves a 16.24% return, which is significantly higher than JFLI's 8.56% return.
BALQ
- 1D
- 1.14%
- 1M
- -1.78%
- 6M
- 13.78%
- YTD
- 16.24%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
JFLI
- 1D
- 0.39%
- 1M
- -0.61%
- 6M
- 5.63%
- YTD
- 8.56%
- 1Y
- 16.41%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 12.74%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $303.15K | $247.56K | $176.54K | |
| $229.57K | $282.39K | $290.65K |
BALQ vs. JFLI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BALQ iShares Nasdaq Premium Income Active ETF | 16.24% | 0.04% |
JFLI JPMorgan Flexible Income ETF | 8.56% | -0.05% |
Correlation
The correlation between BALQ and JFLI is 0.91, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 3, 2025 | 0.91 |
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. JFLI — Risk / Return Rank
BALQ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
JFLI
BALQ vs. JFLI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Nasdaq Premium Income Active ETF (BALQ) and JPMorgan Flexible Income ETF (JFLI). 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 | JFLI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.31 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.39 | — |
| Martin ratioReturn relative to average drawdown | — | 10.44 | — |
Loading charts...
Drawdowns
BALQ vs. JFLI - Drawdown Comparison
The maximum BALQ drawdown since its inception was -11.79%, smaller than the maximum JFLI drawdown of -12.87%. Use the drawdown chart below to compare losses from any high point for BALQ and JFLI.
Loading charts...
Drawdown Indicators
| BALQ | JFLI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.79% | -12.87% | +1.08% |
Max Drawdown (1Y)Largest decline over 1 year | — | -6.67% | — |
Current DrawdownCurrent decline from peak | -5.61% | -1.81% | -3.80% |
Average DrawdownAverage peak-to-trough decline | -2.72% | -1.43% | -1.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.52% | — |
Volatility
BALQ vs. JFLI - Volatility Comparison
Loading charts...
Volatility by Period
| BALQ | JFLI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.04% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 8.26% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 21.51% | 9.62% | +11.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.51% | 12.00% | +9.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.51% | 12.00% | +9.51% |
BALQ vs. JFLI - Expense Ratio Comparison
Both BALQ and JFLI have an expense ratio of 0.35%.
Dividends
BALQ vs. JFLI - Dividend Comparison
BALQ's dividend yield for the trailing twelve months is around 6.19%, less than JFLI's 7.32% yield.
| Position | TTM | 2025 |
|---|---|---|
BALQ iShares Nasdaq Premium Income Active ETF | 6.19% | 0.95% |
JFLI JPMorgan Flexible Income ETF | 7.32% | 6.81% |
Frequently Asked Questions
With a correlation of 0.91, BALQ and JFLI move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
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 JFLI have the same expense ratio: 0.35% per year.
JFLI has the higher dividend yield at 7.32%, compared with 6.19% for BALQ.
BALQ is categorized as Nasdaq-100, while JFLI is Global Allocation. They also come from different issuers: iShares and JPMorgan.
Find the right allocation for BALQ and JFLI
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