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IQQQ vs BALQ

ProShares Nasdaq-100 High Income ETF vs iShares Nasdaq Premium Income Active ETF

IQQQ

ProShares Nasdaq-100 High Income ETF

Annual cost

0.55%

Fund size

$386M

BALQ

iShares Nasdaq Premium Income Active ETF

Annual cost

0.35%

Fund size

$14M

Key differences

  • BALQ costs 0.20% less per year.
  • IQQQ is significantly larger than BALQ — larger funds tend to be more liquid and less likely to close.
  • IQQQ is classified as alternative, while BALQ is fixed income — different risk/return profiles.
  • IQQQ follows a option income strategy; BALQ uses index tracking.

Side-by-side comparison

IQQQBALQ
Annual cost (TER)0.55%0.35%
Fund size (AUM)$386M$14M
Since20242025
Dividend yield7.77%
Asset classalternativefixed income
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+40.9%N/A
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y15.54%
Max drawdown-20.41%-11.79%

Similar to IQQQ and BALQ