iShares U.S. Large Cap Premium Income Active ETF
$33.74−0.34 (−1.00%)
- 0.35%
- $1.54B
- +15.1%
- 8.46%
- 337K sh
- low $29.94high $35.39
The ETF.net BALI Grade
A
Score 81 out of 100
- 2 of 52
Score 81 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A77 out of 100Rank 12 of 52Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 36Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B56 out of 100Rank 21 of 52Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A83 out of 100Rank 5 of 52Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A84 out of 100Rank 2 of 41Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A85 out of 100Rank 4 of 52
Our read on BALI
In short
ABlackRock's active answer to the covered-call crowd: roughly 200 hand-picked U.S. large caps, calls written on the S&P 500 itself rather than single stocks, monthly payouts, at well under the typical fee in its peer group.
Stated mandate
BALI seeks consistent income with lower volatility than the broader U.S. equity market. It primarily holds U.S. large-cap equities, sells calls on a large-cap equity index, and uses related index futures to pursue premium income and capital appreciation.
Why people hold it
Worth knowing
BALI Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.
BALI$11,512
Returns run to the Nov 2, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | BALI |
|---|---|
| Year to date | +13.8% |
| 1 month | −1.8% |
| 3 months | +1.1% |
| 1 year | +15.1% |
| 3 years | +20.1% |
| 5 years | |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | BALI |
|---|---|---|
| 2026 YTD | +13.8% | |
| 2025 | +14.5% | |
| 2024 | +22.4% | |
| 2023 | +9.5% |
BALI in the news
BALI Dividends
- 8.46%
- $2.86
- $0.18 per share
- Monthly
BALI Risk
- 10.2%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.52
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −16.6%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.79
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
BALI Cost
Overpaying vs PEPS, cheapest in S&P 500 Option Income
$5,020
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
BALI 0.35%
$7,126
PEPS 0.10% Cheapest
$2,106
Cost over time
Year by year
| Year | BALI | PEPS | Overpaying |
|---|---|---|---|
| 10 | $634 | $183 | $451 |
| 20 | $2,454 | $717 | $1,737 |
| 30 | $7,126 | $2,106 | $5,020 |
Other funds in S&P 500 Option Income
- ACSHINeos Enhanced Income Cash Alternative ETFExpense ratio 0.38%1 year return +4.8%
- AIVVWiShares S&P 500 BuyWrite ETFExpense ratio 0.25%1 year return +12.9%
- AGPIXGoldman Sachs S&P 500 Premium Income ETFExpense ratio 0.29%1 year return +12.6%
- ARSPAInvesco S&P 500 Equal Weight Income Advantage ETFExpense ratio 0.29%1 year return +15.6%
- AGQINatixis Gateway Quality Income ETFExpense ratio 0.34%1 year return +15.3%
