Screener
NEAR vs BALI
iShares Short Duration Bond Active ETF vs iShares U.S. Large Cap Premium Income Active ETF
Key differences
NEAR is a fixed income ETF, while BALI is an alternative ETF. NEAR charges 0.25% a year and BALI 0.35%.
- NEAR is a fixed income fund, while BALI is an alternative fund. They carry different risk/return profiles.
- NEAR follows a active selection strategy; BALI uses option income.
- NEAR costs 0.10% less per year.
- NEAR is much larger than BALI. Larger funds are usually more liquid and less likely to close.
- NEAR has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| NEAR | BALI | |
|---|---|---|
| Annual cost (TER) | 0.25% | 0.35% |
| Fund size (AUM) | $4.6B | $1.2B |
| Since | 2013 | 2023 |
| Dividend yield | 4.47% | 2.35% |
| Asset class | fixed income | alternative |
| Region | north america | north america |
| Strategy | active selection | option income |
| CAGR 1Y | +4.1% | +24.3% |
| CAGR 3Y | +5.6% | N/A |
| CAGR 5Y | +3.9% | N/A |
| Sharpe 3Y | 1.18 | N/A |
| Volatility 1Y | 1.37% | 10.36% |
| Max drawdown | -9.61% | -16.65% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.