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BALQ vs FIAX

iShares Nasdaq Premium Income Active ETF vs Nicholas Fixed Income Alternative ETF

BALQ

iShares Nasdaq Premium Income Active ETF

Annual cost

0.35%

Fund size

$15M

FIAX

Nicholas Fixed Income Alternative ETF

Annual cost

0.97%

Fund size

$133M

Key differences

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

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

Side-by-side comparison

BALQFIAX
Annual cost (TER)0.35%0.97%
Fund size (AUM)$15M$133M
Since20252022
Dividend yield8.16%
Asset classalternativefixed income
Regionnorth americanorth america
Strategyoption incomeoption income
CAGR 1YN/A+4.8%
CAGR 3YN/A+3.5%
CAGR 5YN/AN/A
Sharpe 3YN/A0.00
Volatility 1Y4.12%
Max drawdown-11.79%-6.26%

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

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