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BALQ vs TCAL

iShares Nasdaq Premium Income Active ETF vs T. Rowe Price Capital Appreciation Premium Income ETF

BALQ

iShares Nasdaq Premium Income Active ETF

iShares

Annual cost

0.35%

Fund size

$14M

TCAL

T. Rowe Price Capital Appreciation Premium Income ETF

T. Rowe Price

Annual cost

0.34%

Fund size

$280M

Key differences

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

Side-by-side comparison

BALQTCAL
Annual cost (TER)0.35%0.34%
Fund size (AUM)$14M$280M
Since20252025
Dividend yield11.82%
Asset classfixed incomealternative
Regionnorth americanorth america
Strategyindex trackingoption income
CAGR 1YN/A+0.9%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y9.38%
Max drawdown-11.79%-7.25%

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

Similar to BALQ and TCAL