BALQ vs. QYLE

Last updated Apr 1, 2026

Compare and contrast key facts about iShares Nasdaq Premium Income Active ETF (BALQ) and Global X NASDAQ 100 ESG Covered Call ETF (QYLE).

BALQ and QYLE 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. QYLE is a passively managed fund by Global X that tracks the performance of the Nasdaq-100 ESG BuyWrite Index - Benchmark TR Gross. It was launched on Feb 21, 2023.

Performance

BALQ vs. QYLE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Nasdaq Premium Income Active ETF (BALQ) and Global X NASDAQ 100 ESG Covered Call ETF (QYLE). The values are adjusted to include any dividend payments, if applicable.

BALQ vs. QYLE - Yearly Performance Comparison

	2026 (YTD)
BALQ iShares Nasdaq Premium Income Active ETF	-5.11%
QYLE Global X NASDAQ 100 ESG Covered Call ETF	0.00%

Returns By Period

BALQ

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

QYLE

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

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

BALQ vs. QYLE - Expense Ratio Comparison

BALQ has a 0.35% expense ratio, which is lower than QYLE's 0.61% expense ratio.

QYLE

Global X NASDAQ 100 ESG Covered Call ETF

BALQ

iShares Nasdaq Premium Income Active ETF

Return for Risk

BALQ vs. QYLE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Nasdaq Premium Income Active ETF (BALQ) and Global X NASDAQ 100 ESG Covered Call ETF (QYLE). 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	QYLE	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.89	—	—

Dividends

BALQ vs. QYLE - Dividend Comparison

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

	TTM	2025
BALQ iShares Nasdaq Premium Income Active ETF	2.71%	0.95%
QYLE Global X NASDAQ 100 ESG Covered Call ETF	0.00%	0.00%

Drawdowns

BALQ vs. QYLE - Drawdown Comparison

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

Drawdown Indicators

	BALQ	QYLE	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	QYLE	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%