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BRHY vs BALQ

iShares High Yield Active ETF vs iShares Nasdaq Premium Income Active ETF

BRHY

iShares High Yield Active ETF

Annual cost

0.45%

Fund size

$107M

BALQ

iShares Nasdaq Premium Income Active ETF

Annual cost

0.35%

Fund size

$15M

Key differences

BRHY is a fixed income ETF, while BALQ is an alternative ETF. BRHY charges 0.45% a year and BALQ 0.35%.

  • BRHY is a fixed income fund, while BALQ is an alternative fund. They carry different risk/return profiles.
  • BRHY follows a active selection strategy; BALQ uses option income.
  • BRHY covers global markets; BALQ covers North America.
  • BALQ costs 0.10% less per year.
  • BRHY is much larger than BALQ. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

BRHYBALQ
Annual cost (TER)0.45%0.35%
Fund size (AUM)$107M$15M
Since20242025
Dividend yield6.63%
Asset classfixed incomealternative
Regionglobalnorth america
Strategyactive selectionoption income
CAGR 1Y+7.3%N/A
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y3.28%
Max drawdown-4.42%-11.79%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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