FEPI vs. BALI
Compare and contrast key facts about REX FANG & Innovation Equity Premium Income ETF (FEPI) and Blackrock Advantage Large Cap Income ETF (BALI).
FEPI and BALI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FEPI is an actively managed fund by REX. It was launched on Oct 11, 2023. BALI is an actively managed fund by BlackRock. It was launched on Sep 26, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FEPI or BALI.
Key characteristics
| FEPI | BALI | |
|---|---|---|
| YTD Return | 17.14% | 23.38% |
| 1Y Return | 28.23% | 32.14% |
| Sharpe Ratio | 1.87 | 3.22 |
| Sortino Ratio | 2.37 | 4.29 |
| Omega Ratio | 1.35 | 1.62 |
| Calmar Ratio | 2.06 | 4.21 |
| Martin Ratio | 7.48 | 19.41 |
| Ulcer Index | 3.91% | 1.68% |
| Daily Std Dev | 15.68% | 10.13% |
| Max Drawdown | -14.17% | -7.74% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between FEPI and BALI is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FEPI vs. BALI - Performance Comparison
In the year-to-date period, FEPI achieves a 17.14% return, which is significantly lower than BALI's 23.38% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FEPI vs. BALI - Expense Ratio Comparison
FEPI has a 0.65% expense ratio, which is higher than BALI's 0.35% expense ratio.
Risk-Adjusted Performance
FEPI vs. BALI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for REX FANG & Innovation Equity Premium Income ETF (FEPI) and Blackrock Advantage Large Cap Income ETF (BALI). 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.
Dividends
FEPI vs. BALI - Dividend Comparison
FEPI's dividend yield for the trailing twelve months is around 26.01%, more than BALI's 6.76% yield.
| TTM | 2023 | |
|---|---|---|
FEPI REX FANG & Innovation Equity Premium Income ETF | 26.01% | 4.21% |
BALI Blackrock Advantage Large Cap Income ETF | 6.76% | 2.13% |
Drawdowns
FEPI vs. BALI - Drawdown Comparison
The maximum FEPI drawdown since its inception was -14.17%, which is greater than BALI's maximum drawdown of -7.74%. Use the drawdown chart below to compare losses from any high point for FEPI and BALI. For additional features, visit the drawdowns tool.
Volatility
FEPI vs. BALI - Volatility Comparison
REX FANG & Innovation Equity Premium Income ETF (FEPI) has a higher volatility of 4.08% compared to Blackrock Advantage Large Cap Income ETF (BALI) at 3.46%. This indicates that FEPI's price experiences larger fluctuations and is considered to be riskier than BALI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.