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BALQ vs JEPI

iShares Nasdaq Premium Income Active ETF vs JPMorgan Equity Premium Income ETF

BALQ

iShares Nasdaq Premium Income Active ETF

iShares

Annual cost

0.35%

Fund size

$14M

JEPI

JPMorgan Equity Premium Income ETF

JPMorgan

Annual cost

0.35%

Fund size

$45.6B

Key differences

  • JEPI is significantly larger than BALQ — larger funds tend to be more liquid and less likely to close.
  • BALQ is classified as fixed income, while JEPI is alternative — different risk/return profiles.
  • BALQ follows a index tracking strategy; JEPI uses option income.
  • JEPI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

BALQJEPI
Annual cost (TER)0.35%0.35%
Fund size (AUM)$14M$45.6B
Since20252020
Dividend yield8.29%
Asset classfixed incomealternative
Regionnorth americanorth america
Strategyindex trackingoption income
CAGR 1YN/A+10.1%
CAGR 3YN/A+9.1%
CAGR 5YN/A+7.8%
Sharpe 3YN/A0.57
Volatility 1Y7.89%
Max drawdown-11.79%-13.71%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to BALQ and JEPI