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FIAX vs BALI

Nicholas Fixed Income Alternative ETF vs iShares U.S. Large Cap Premium Income Active ETF

FIAX

Nicholas Fixed Income Alternative ETF

Annual cost

0.97%

Fund size

$133M

BALI

iShares U.S. Large Cap Premium Income Active ETF

Annual cost

0.35%

Fund size

$1.2B

Key differences

FIAX is a fixed income ETF, while BALI is an alternative ETF. FIAX charges 0.97% a year and BALI 0.35%.

  • FIAX is a fixed income fund, while BALI is an alternative fund. They carry different risk/return profiles.
  • BALI costs 0.62% less per year.
  • BALI is much larger than FIAX. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

FIAXBALI
Annual cost (TER)0.97%0.35%
Fund size (AUM)$133M$1.2B
Since20222023
Dividend yield8.16%2.35%
Asset classfixed incomealternative
Regionnorth americanorth america
Strategyoption incomeoption income
CAGR 1Y+4.8%+24.3%
CAGR 3Y+3.5%N/A
CAGR 5YN/AN/A
Sharpe 3Y0.00N/A
Volatility 1Y4.12%10.36%
Max drawdown-6.26%-16.65%

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

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