QJUN vs. BALQ

Last updated Jun 24, 2026

QJUN (FT Cboe Vest Nasdaq-100 Buffer ETF - June) and BALQ (iShares Nasdaq Premium Income Active ETF) are both Nasdaq-100 funds. Both are actively managed. Their correlation of 0.85 suggests significant overlap in exposure. QJUN charges 0.90%/yr vs 0.35%/yr for BALQ.

Performance

QJUN vs. BALQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Cboe Vest Nasdaq-100 Buffer ETF - June (QJUN) and iShares Nasdaq Premium Income Active ETF (BALQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QJUN achieves a 3.80% return, which is significantly lower than BALQ's 18.59% return.

QJUN

• 1D: -1.93%
• 1M: -1.81%
• YTD: 3.80%
• 6M: 3.64%
• 1Y: 13.93%
• 3Y*: 14.72%
• 5Y*: 10.38%
• 10Y*: —

BALQ

• 1D: -3.11%
• 1M: -0.12%
• YTD: 18.59%
• 6M: 17.39%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QJUN vs. BALQ - Yearly Performance Comparison

	2026 (YTD)	2025
QJUN FT Cboe Vest Nasdaq-100 Buffer ETF - June	3.80%	0.76%
BALQ iShares Nasdaq Premium Income Active ETF	18.59%	0.04%

Correlation

The correlation between QJUN and BALQ is 0.85, 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	0.85

Return for Risk

QJUN vs. BALQ — Risk / Return Rank

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

QJUN

QJUN Risk / Return Rank: 66
QJUN Sharpe Ratio Rank: 59
QJUN Sortino Ratio Rank: 59
QJUN Omega Ratio Rank: 69
QJUN Calmar Ratio Rank: 60
QJUN Martin Ratio Rank: 81

BALQ

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

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.

QJUN vs. BALQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest Nasdaq-100 Buffer ETF - June (QJUN) and iShares Nasdaq Premium Income Active ETF (BALQ). 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.

	QJUN	BALQ	Difference
Sharpe ratio: Return per unit of total volatility	1.81	—	—
Sortino ratio: Return per unit of downside risk	2.56	—	—
Omega ratio: Gain probability vs. loss probability	1.37	—	—
Calmar ratio: Return relative to maximum drawdown	2.70	—	—
Martin ratio: Return relative to average drawdown	14.75	—	—

Drawdowns

QJUN vs. BALQ - Drawdown Comparison

The maximum QJUN drawdown since its inception was -19.92%, which is greater than BALQ's maximum drawdown of -11.79%. Use the drawdown chart below to compare losses from any high point for QJUN and BALQ.

Drawdown Indicators

	QJUN	BALQ	Difference
Max Drawdown Largest peak-to-trough decline	-19.92%	-11.79%	-8.13%
Max Drawdown (1Y) Largest decline over 1 year	-5.18%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-16.47%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-19.92%	—	—
Current Drawdown Current decline from peak	-2.31%	-3.71%	+1.40%
Average Drawdown Average peak-to-trough decline	-3.84%	-2.40%	-1.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.95%	—	—

Volatility

Volatility by Period

	QJUN	BALQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.03%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.88%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	7.74%	20.62%	-12.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.15%	20.62%	-6.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.13%	20.62%	-6.49%

QJUN vs. BALQ - Expense Ratio Comparison

QJUN has a 0.90% expense ratio, which is higher than BALQ's 0.35% expense ratio.

Dividends

QJUN vs. BALQ - Dividend Comparison

QJUN has not paid dividends to shareholders, while BALQ's dividend yield for the trailing twelve months is around 4.76%.

Position	TTM	2025
BALQ iShares Nasdaq Premium Income Active ETF	4.76%	0.95%
QJUN FT Cboe Vest Nasdaq-100 Buffer ETF - June	0.00%	0.00%

Frequently Asked Questions

Can I hold both QJUN and BALQ in my portfolio?

QJUN and BALQ have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QJUN or BALQ?

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, QJUN or BALQ?

BALQ is cheaper with a 0.35% expense ratio, compared with 0.90% for QJUN.

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

BALQ has the higher dividend yield at 4.76%, compared with 0.00% for QJUN.

What is the main difference between QJUN and BALQ?

They also come from different issuers: First Trust and iShares. Their fees differ too: 0.90% for QJUN and 0.35% for BALQ.