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BALQ vs ISPY

iShares Nasdaq Premium Income Active ETF vs ProShares S&P 500 High Income ETF

BALQ

iShares Nasdaq Premium Income Active ETF

Annual cost

0.35%

Fund size

$14M

ISPY

ProShares S&P 500 High Income ETF

Annual cost

0.56%

Fund size

$1.3B

Key differences

  • BALQ costs 0.21% less per year.
  • ISPY is significantly larger than BALQ — larger funds tend to be more liquid and less likely to close.
  • BALQ is classified as fixed income, while ISPY is alternative — different risk/return profiles.
  • BALQ follows a index tracking strategy; ISPY uses option income.

Side-by-side comparison

BALQISPY
Annual cost (TER)0.35%0.56%
Fund size (AUM)$14M$1.3B
Since20252023
Dividend yield6.91%
Asset classfixed incomealternative
Regionnorth americanorth america
Strategyindex trackingoption income
CAGR 1YN/A+28.2%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y11.56%
Max drawdown-11.79%-16.88%

Similar to BALQ and ISPY