YLDE vs. BALI

Last updated Jun 4, 2026

YLDE (ClearBridge Dividend Strategy ESG ETF) and BALI (Blackrock Advantage Large Cap Income ETF) are both exchange-traded funds - YLDE is a Dividend fund actively managed by Franklin Templeton, while BALI is a Derivative Income fund actively managed by BlackRock. Both are actively managed. Over the past year, YLDE returned 13.89% vs 26.38% for BALI. A 0.74 correlation means they provide meaningful diversification when combined. YLDE charges 0.60%/yr vs 0.35%/yr for BALI.

Performance

YLDE vs. BALI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ClearBridge Dividend Strategy ESG ETF (YLDE) and Blackrock Advantage Large Cap Income ETF (BALI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, YLDE achieves a 4.09% return, which is significantly lower than BALI's 11.22% return.

YLDE

• 1D: -0.32%
• 1M: 0.13%
• YTD: 4.09%
• 6M: 5.06%
• 1Y: 13.89%
• 3Y*: 14.60%
• 5Y*: 9.54%
• 10Y*: —

BALI

• 1D: -0.41%
• 1M: 4.44%
• YTD: 11.22%
• 6M: 11.78%
• 1Y: 26.38%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

YLDE vs. BALI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
YLDE ClearBridge Dividend Strategy ESG ETF	4.09%	13.09%	16.44%	9.78%
BALI Blackrock Advantage Large Cap Income ETF	11.22%	14.51%	22.38%	9.52%

Correlation

The correlation between YLDE and BALI is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.63
Correlation (All Time) Calculated using the full available price history since Sep 29, 2023	0.74

The correlation between YLDE and BALI shifts across timeframes, from 0.63 (1 year) to 0.74 (all time), reflecting how their relationship changes across market environments.

Return for Risk

YLDE vs. BALI — Risk / Return Rank

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

YLDE

YLDE Risk / Return Rank: 41
YLDE Sharpe Ratio Rank: 42
YLDE Sortino Ratio Rank: 42
YLDE Omega Ratio Rank: 40
YLDE Calmar Ratio Rank: 38
YLDE Martin Ratio Rank: 42

BALI

BALI Risk / Return Rank: 82
BALI Sharpe Ratio Rank: 81
BALI Sortino Ratio Rank: 81
BALI Omega Ratio Rank: 81
BALI Calmar Ratio Rank: 77
BALI Martin Ratio Rank: 88

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.

YLDE vs. BALI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ClearBridge Dividend Strategy ESG ETF (YLDE) 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.

	YLDE	BALI	Difference
Sharpe ratio: Return per unit of total volatility	1.50	2.67	-1.17
Sortino ratio: Return per unit of downside risk	2.14	3.72	-1.59
Omega ratio: Gain probability vs. loss probability	1.26	1.50	-0.24
Calmar ratio: Return relative to maximum drawdown	1.84	3.95	-2.11
Martin ratio: Return relative to average drawdown	6.84	19.71	-12.87
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

YLDE vs. BALI - Sharpe Ratio Comparison

The current YLDE Sharpe Ratio is 1.50, which is lower than the BALI Sharpe Ratio of 2.67. The chart below compares the historical Sharpe Ratios of YLDE and BALI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	YLDE	BALI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.50	2.67	-1.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.71	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.75	1.72	-0.98

Drawdowns

YLDE vs. BALI - Drawdown Comparison

The maximum YLDE drawdown since its inception was -33.23%, which is greater than BALI's maximum drawdown of -16.65%. Use the drawdown chart below to compare losses from any high point for YLDE and BALI.

Drawdown Indicators

	YLDE	BALI	Difference
Max Drawdown Largest peak-to-trough decline	-33.23%	-16.65%	-16.58%
Max Drawdown (1Y) Largest decline over 1 year	-7.59%	-6.71%	-0.88%
Max Drawdown (3Y) Largest decline over 3 years	-11.42%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-20.22%	—	—
Current Drawdown Current decline from peak	-2.54%	-0.41%	-2.13%
Average Drawdown Average peak-to-trough decline	-3.55%	-1.63%	-1.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.03%	1.34%	+0.69%

Volatility

YLDE vs. BALI - Volatility Comparison

The current volatility for ClearBridge Dividend Strategy ESG ETF (YLDE) is 1.81%, while Blackrock Advantage Large Cap Income ETF (BALI) has a volatility of 1.95%. This indicates that YLDE experiences smaller price fluctuations and is considered to be less risky than BALI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	YLDE	BALI	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.81%	1.95%	-0.14%
Volatility (6M) Calculated over the trailing 6-month period	6.74%	7.47%	-0.73%
Volatility (1Y) Calculated over the trailing 1-year period	9.31%	9.91%	-0.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.50%	12.93%	+0.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.76%	12.93%	+2.83%

YLDE vs. BALI - Expense Ratio Comparison

YLDE has a 0.60% expense ratio, which is higher than BALI's 0.35% expense ratio.

Dividends

YLDE vs. BALI - Dividend Comparison

YLDE's dividend yield for the trailing twelve months is around 7.04%, less than BALI's 7.66% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
BALI Blackrock Advantage Large Cap Income ETF	7.66%	8.51%	7.13%	2.13%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
YLDE ClearBridge Dividend Strategy ESG ETF	7.04%	5.68%	1.69%	1.64%	1.68%	1.15%	1.46%	1.65%	2.25%	1.31%

Frequently Asked Questions

Can I hold both YLDE and BALI in my portfolio?

YLDE and BALI have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, YLDE or BALI?

BALI has higher volatility (1.95%) compared to YLDE (1.81%). In terms of maximum drawdown, YLDE dropped -33.23% vs BALI's -16.65%.

Which ETF is better, YLDE or BALI?

On 1-year performance, BALI leads with 26.38% vs 13.89% for YLDE. On fees, BALI is cheaper at 0.35% per year. On volatility, YLDE has been the lower-risk option at 1.81%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, YLDE or BALI?

Over the 1-year period, BALI has performed better with a 26.38% return vs 13.89%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, YLDE or BALI?

BALI is cheaper with a 0.35% expense ratio, compared with 0.60% for YLDE.

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

BALI has the higher dividend yield at 7.66%, compared with 7.04% for YLDE.

What is the main difference between YLDE and BALI?

YLDE is categorized as Dividend, while BALI is Derivative Income. They also come from different issuers: Franklin Templeton and BlackRock. Their fees differ too: 0.60% for YLDE and 0.35% for BALI.

Which has better risk-adjusted returns?

BALI currently has the higher Sharpe Ratio (2.67 vs 1.50), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.