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BALQ vs QQQJ

iShares Nasdaq Premium Income Active ETF vs Invesco NASDAQ Next Gen 100 ETF

BALQ

iShares Nasdaq Premium Income Active ETF

Annual cost

0.35%

Fund size

$14M

QQQJ

Invesco NASDAQ Next Gen 100 ETF

Annual cost

0.15%

Fund size

$954M

Key differences

  • QQQJ costs 0.20% less per year.
  • QQQJ is significantly larger than BALQ — larger funds tend to be more liquid and less likely to close.
  • BALQ is classified as fixed income, while QQQJ is equity — different risk/return profiles.
  • QQQJ has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

BALQQQQJ
Annual cost (TER)0.35%0.15%
Fund size (AUM)$14M$954M
Since20252020
Dividend yield0.81%
Asset classfixed incomeequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1YN/A+45.1%
CAGR 3YN/A+21.6%
CAGR 5YN/A+7.9%
Sharpe 3YN/A0.96
Volatility 1Y18.08%
Max drawdown-11.79%-39.58%

Similar to BALQ and QQQJ