HYMU vs. BALI

Last updated Jun 5, 2026

HYMU (BlackRock High Yield Muni Income Bond ETF) and BALI (Blackrock Advantage Large Cap Income ETF) are both exchange-traded funds - HYMU is a High Yield Muni fund actively managed by BlackRock, while BALI is a Derivative Income fund actively managed by BlackRock. Both are actively managed. Both charge a 0.35% expense ratio.

Performance

HYMU vs. BALI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock High Yield Muni Income Bond ETF (HYMU) and Blackrock Advantage Large Cap Income ETF (BALI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

HYMU

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

BALI

• 1D: 0.25%
• 1M: 3.94%
• YTD: 11.50%
• 6M: 12.10%
• 1Y: 26.70%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HYMU vs. BALI - Yearly Performance Comparison

	2026 (YTD)
HYMU BlackRock High Yield Muni Income Bond ETF	0.00%
BALI Blackrock Advantage Large Cap Income ETF	0.21%

Return for Risk

HYMU vs. BALI — Risk / Return Rank

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

BALI

BALI Risk / Return Rank: 84
BALI Sharpe Ratio Rank: 84
BALI Sortino Ratio Rank: 85
BALI Omega Ratio Rank: 84
BALI Calmar Ratio Rank: 79
BALI Martin Ratio Rank: 89

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.

HYMU vs. BALI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock High Yield Muni Income Bond ETF (HYMU) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	HYMU	BALI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.71	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.73	—

Drawdowns

HYMU vs. BALI - Drawdown Comparison

The maximum HYMU drawdown since its inception was 0.00%, smaller than the maximum BALI drawdown of -16.65%. Use the drawdown chart below to compare losses from any high point for HYMU and BALI.

Drawdown Indicators

	HYMU	BALI	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-16.65%	+16.65%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.71%	—
Current Drawdown Current decline from peak	0.00%	-0.16%	+0.16%
Average Drawdown Average peak-to-trough decline	0.00%	-1.63%	+1.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.34%	—

Volatility

Volatility by Period

	HYMU	BALI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.87%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.47%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	9.91%	-9.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	12.92%	-12.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	12.92%	-12.92%

HYMU vs. BALI - Expense Ratio Comparison

Both HYMU and BALI have an expense ratio of 0.35%.

Dividends

HYMU vs. BALI - Dividend Comparison

HYMU has not paid dividends to shareholders, while BALI's dividend yield for the trailing twelve months is around 7.64%.

Position	TTM	2025	2024	2023
BALI Blackrock Advantage Large Cap Income ETF	7.64%	8.51%	7.13%	2.13%
HYMU BlackRock High Yield Muni Income Bond ETF	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, HYMU or BALI?

Both ETFs have the same 0.35% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HYMU or BALI?

HYMU and BALI have the same expense ratio: 0.35% per year.

Which ETF pays a higher dividend yield, HYMU or BALI?

BALI has the higher dividend yield at 7.64%, compared with 0.00% for HYMU.

What is the main difference between HYMU and BALI?

HYMU is categorized as High Yield Muni, while BALI is Derivative Income.