BALQ vs. QDVO

Last updated Jun 4, 2026

BALQ (iShares Nasdaq Premium Income Active ETF) and QDVO (Amplify CWP Growth & Income ETF) are both exchange-traded funds - BALQ is a Nasdaq-100 fund actively managed by iShares, while QDVO is a Derivative Income fund actively managed by Amplify. Both are actively managed. Their correlation of 0.92 suggests significant overlap in exposure. BALQ charges 0.35%/yr vs 0.55%/yr for QDVO.

Performance

BALQ vs. QDVO - Performance Comparison

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

Returns By Period

In the year-to-date period, BALQ achieves a 22.89% return, which is significantly higher than QDVO's 9.80% return.

BALQ

• 1D: -0.21%
• 1M: 11.15%
• YTD: 22.89%
• 6M: 22.29%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QDVO

• 1D: -0.55%
• 1M: 4.45%
• YTD: 9.80%
• 6M: 9.65%
• 1Y: 27.43%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BALQ vs. QDVO - Yearly Performance Comparison

	2026 (YTD)	2025
BALQ iShares Nasdaq Premium Income Active ETF	22.89%	-0.49%
QDVO Amplify CWP Growth & Income ETF	9.80%	-0.14%

Correlation

The correlation between BALQ and QDVO is 0.92, 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 4, 2025	0.92

Return for Risk

BALQ vs. QDVO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QDVO

QDVO Risk / Return Rank: 62
QDVO Sharpe Ratio Rank: 66
QDVO Sortino Ratio Rank: 65
QDVO Omega Ratio Rank: 64
QDVO Calmar Ratio Rank: 53
QDVO Martin Ratio Rank: 60

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BALQ vs. QDVO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Nasdaq Premium Income Active ETF (BALQ) and Amplify CWP Growth & Income ETF (QDVO). 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	QDVO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.26	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.81	1.41	+1.40

Drawdowns

BALQ vs. QDVO - Drawdown Comparison

The maximum BALQ drawdown since its inception was -11.79%, smaller than the maximum QDVO drawdown of -17.75%. Use the drawdown chart below to compare losses from any high point for BALQ and QDVO.

Drawdown Indicators

	BALQ	QDVO	Difference
Max Drawdown Largest peak-to-trough decline	-11.79%	-17.75%	+5.96%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.21%	—
Current Drawdown Current decline from peak	-0.21%	-0.94%	+0.73%
Average Drawdown Average peak-to-trough decline	-2.37%	-2.37%	0.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.51%	—

Volatility

Volatility by Period

	BALQ	QDVO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.89%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.87%	—
Volatility (1Y) Calculated over the trailing 1-year period	18.03%	12.22%	+5.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.03%	17.44%	+0.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.03%	17.44%	+0.59%

BALQ vs. QDVO - Expense Ratio Comparison

BALQ has a 0.35% expense ratio, which is lower than QDVO's 0.55% expense ratio.

Dividends

BALQ vs. QDVO - Dividend Comparison

BALQ's dividend yield for the trailing twelve months is around 4.59%, less than QDVO's 10.12% yield.

Position	TTM	2025	2024
BALQ iShares Nasdaq Premium Income Active ETF	4.59%	0.95%	0.00%
QDVO Amplify CWP Growth & Income ETF	10.12%	9.92%	2.79%

Frequently Asked Questions

Can I hold both BALQ and QDVO in my portfolio?

With a correlation of 0.92, BALQ and QDVO 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.

Which ETF is better, BALQ or QDVO?

On fees, BALQ is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BALQ or QDVO?

BALQ is cheaper with a 0.35% expense ratio, compared with 0.55% for QDVO.

Which ETF pays a higher dividend yield, BALQ or QDVO?

QDVO has the higher dividend yield at 10.12%, compared with 4.59% for BALQ.

What is the main difference between BALQ and QDVO?

BALQ is categorized as Nasdaq-100, while QDVO is Derivative Income. They also come from different issuers: iShares and Amplify. Their fees differ too: 0.35% for BALQ and 0.55% for QDVO.