Skip to content
Beacon
Screener

BALQ vs PAPI

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

BALQ

iShares Nasdaq Premium Income Active ETF

iShares

Annual cost

0.35%

Fund size

$14M

PAPI

Parametric Equity Premium Income ETF

Eaton Vance ETFs

Annual cost

0.29%

Fund size

$367M

Key differences

  • PAPI costs 0.06% less per year.
  • PAPI is significantly larger than BALQ — larger funds tend to be more liquid and less likely to close.
  • BALQ is classified as fixed income, while PAPI is alternative — different risk/return profiles.
  • BALQ follows a index tracking strategy; PAPI uses option income.

Side-by-side comparison

BALQPAPI
Annual cost (TER)0.35%0.29%
Fund size (AUM)$14M$367M
Since20252023
Dividend yield7.48%
Asset classfixed incomealternative
Regionnorth americanorth america
Strategyindex trackingoption income
CAGR 1YN/A+14.8%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y10.81%
Max drawdown-11.79%-14.27%

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

Similar to BALQ and PAPI