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BALI vs NEAR

iShares U.S. Large Cap Premium Income Active ETF vs iShares Short Duration Bond Active ETF

BALI

iShares U.S. Large Cap Premium Income Active ETF

Annual cost

0.35%

Fund size

$1.2B

NEAR

iShares Short Duration Bond Active ETF

Annual cost

0.25%

Fund size

$4.6B

Key differences

BALI is an alternative ETF, while NEAR is a fixed income ETF. BALI charges 0.35% a year and NEAR 0.25%.

  • BALI is an alternative fund, while NEAR is a fixed income fund. They carry different risk/return profiles.
  • BALI follows a option income strategy; NEAR uses active selection.
  • NEAR costs 0.10% less per year.
  • NEAR is much larger than BALI. Larger funds are usually more liquid and less likely to close.
  • NEAR has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

BALINEAR
Annual cost (TER)0.35%0.25%
Fund size (AUM)$1.2B$4.6B
Since20232013
Dividend yield2.35%4.47%
Asset classalternativefixed income
Regionnorth americanorth america
Strategyoption incomeactive selection
CAGR 1Y+21.7%+4.1%
CAGR 3YN/A+5.6%
CAGR 5YN/A+3.8%
Sharpe 3YN/A1.14
Volatility 1Y10.27%1.37%
Max drawdown-16.65%-9.61%

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

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