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BALI vs FIAX

iShares U.S. Large Cap Premium Income Active ETF vs Nicholas Fixed Income Alternative ETF

BALI

iShares U.S. Large Cap Premium Income Active ETF

Annual cost

0.35%

Fund size

$1.2B

FIAX

Nicholas Fixed Income Alternative ETF

Annual cost

0.97%

Fund size

$133M

Key differences

BALI is an alternative ETF, while FIAX is a fixed income ETF. BALI charges 0.35% a year and FIAX 0.97%.

  • BALI is an alternative fund, while FIAX is a fixed income fund. They carry different risk/return profiles.
  • BALI costs 0.62% less per year.
  • BALI is much larger than FIAX. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

BALIFIAX
Annual cost (TER)0.35%0.97%
Fund size (AUM)$1.2B$133M
Since20232022
Dividend yield2.35%8.16%
Asset classalternativefixed income
Regionnorth americanorth america
Strategyoption incomeoption income
CAGR 1Y+24.3%+4.8%
CAGR 3YN/A+3.5%
CAGR 5YN/AN/A
Sharpe 3YN/A0.00
Volatility 1Y10.36%4.12%
Max drawdown-16.65%-6.26%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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