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 0.90 suggests significant overlap in exposure. Both charge a 0.35% expense ratio.
Performance
BALQ vs. JFLI - Performance Comparison
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Returns By Period
In the year-to-date period, BALQ achieves a 18.59% return, which is significantly higher than JFLI's 9.03% return.
BALQ
- 1D
- -3.11%
- 1M
- -0.12%
- YTD
- 18.59%
- 6M
- 17.39%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JFLI
- 1D
- -1.27%
- 1M
- 0.79%
- YTD
- 9.03%
- 6M
- 8.99%
- 1Y
- 19.02%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BALQ vs. JFLI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BALQ iShares Nasdaq Premium Income Active ETF | 18.59% | 0.04% |
JFLI JPMorgan Flexible Income ETF | 9.03% | -0.05% |
Correlation
The correlation between BALQ and JFLI is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 3, 2025 | 0.90 |
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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 | — | 1.40 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.86 | — |
| Martin ratioReturn relative to average drawdown | — | 13.39 | — |
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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.
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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 | -3.71% | -1.39% | -2.32% |
Average DrawdownAverage peak-to-trough decline | -2.40% | -1.43% | -0.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.42% | — |
Volatility
BALQ vs. JFLI - Volatility Comparison
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Volatility by Period
| BALQ | JFLI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.13% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 7.80% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 20.62% | 9.17% | +11.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.62% | 12.13% | +8.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.62% | 12.13% | +8.49% |
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 4.76%, less than JFLI's 7.25% yield.
| Position | TTM | 2025 |
|---|---|---|
BALQ iShares Nasdaq Premium Income Active ETF | 4.76% | 0.95% |
JFLI JPMorgan Flexible Income ETF | 7.25% | 6.81% |
Frequently Asked Questions
BALQ and JFLI have a correlation of 0.90, 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 JFLI have the same expense ratio: 0.35% per year.
JFLI has the higher dividend yield at 7.25%, compared with 4.76% for BALQ.
BALQ is categorized as Nasdaq-100, while JFLI is Global Allocation. They also come from different issuers: iShares and JPMorgan.
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