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SPIN vs BALQ

State Street US Equity Premium Income ETF vs iShares Nasdaq Premium Income Active ETF

SPIN

State Street US Equity Premium Income ETF

Annual cost

0.25%

Fund size

$47M

BALQ

iShares Nasdaq Premium Income Active ETF

Annual cost

0.35%

Fund size

$15M

Key differences

Both SPIN and BALQ are alternative ETFs. SPIN charges 0.25% a year and BALQ 0.35%. The main difference: SPIN costs 0.10% less per year.

  • SPIN costs 0.10% less per year.
  • SPIN is much larger than BALQ. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

SPINBALQ
Annual cost (TER)0.25%0.35%
Fund size (AUM)$47M$15M
Since20242025
Dividend yield6.42%
Asset classalternativealternative
Regionnorth americanorth america
Strategyoption incomeoption income
CAGR 1Y+15.8%N/A
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y10.89%
Max drawdown-16.85%-11.79%

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

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