ROCQ vs. BALQ

Last updated Jun 4, 2026

ROCQ (JPMorgan Nasdaq Equity Premium Yield ETF) and BALQ (iShares Nasdaq Premium Income Active ETF) are both Nasdaq-100 funds. Both are actively managed. With a 0.97 correlation, they move nearly in lockstep. Both charge a 0.35% expense ratio.

Performance

ROCQ vs. BALQ - Performance Comparison

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

Returns By Period

ROCQ

• 1D: -0.12%
• 1M: 6.49%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BALQ

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

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

ROCQ vs. BALQ - Yearly Performance Comparison

	2026 (YTD)
ROCQ JPMorgan Nasdaq Equity Premium Yield ETF	17.62%
BALQ iShares Nasdaq Premium Income Active ETF	25.56%

Correlation

The correlation between ROCQ and BALQ is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 20, 2026	0.97

Return for Risk

ROCQ vs. BALQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Nasdaq Equity Premium Yield ETF (ROCQ) 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.

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

Sharpe Ratios by Period

	ROCQ	BALQ	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	7.49	2.81	+4.67

Drawdowns

ROCQ vs. BALQ - Drawdown Comparison

The maximum ROCQ drawdown since its inception was -5.15%, smaller than the maximum BALQ drawdown of -11.79%. Use the drawdown chart below to compare losses from any high point for ROCQ and BALQ.

Drawdown Indicators

	ROCQ	BALQ	Difference
Max Drawdown Largest peak-to-trough decline	-5.15%	-11.79%	+6.64%
Current Drawdown Current decline from peak	-0.33%	-0.21%	-0.12%
Average Drawdown Average peak-to-trough decline	-0.66%	-2.37%	+1.71%

Volatility

Volatility by Period

	ROCQ	BALQ	Difference
Volatility (1Y) Calculated over the trailing 1-year period	16.13%	18.03%	-1.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.13%	18.03%	-1.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.13%	18.03%	-1.90%

ROCQ vs. BALQ - Expense Ratio Comparison

Both ROCQ and BALQ have an expense ratio of 0.35%.

Dividends

ROCQ vs. BALQ - Dividend Comparison

ROCQ's dividend yield for the trailing twelve months is around 2.02%, less than BALQ's 4.59% yield.

Position	TTM	2025
BALQ iShares Nasdaq Premium Income Active ETF	4.59%	0.95%
ROCQ JPMorgan Nasdaq Equity Premium Yield ETF	2.02%	0.00%

Frequently Asked Questions

Can I hold both ROCQ and BALQ in my portfolio?

With a correlation of 0.97, ROCQ and BALQ 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, ROCQ or BALQ?

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, ROCQ or BALQ?

ROCQ and BALQ have the same expense ratio: 0.35% per year.

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

BALQ has the higher dividend yield at 4.59%, compared with 2.02% for ROCQ.

What is the main difference between ROCQ and BALQ?

They also come from different issuers: JPMorgan and iShares.