BALI vs IVV
iShares US Large Cap Premium Income Active ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | BALI | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.35% | 0.03% | |
| AUM | $1.4B | $907.0B | |
| Dividend Yield | 7.87% | 1.10% | |
| Holdings | 201 | 508 | |
| YTD Return | +11.73% | +12.28% | |
| 1Y Return | +18.91% | +20.94% | |
| 3Y Return (annualized) | +20.56% | +21.81% | |
| 5Y Return (annualized) | - | +13.05% | |
| Volatility (annualized) | 10.3% | 15.1% | |
| Max Drawdown | -16.6% | -56.5% | |
| Fund Family | BlackRock, Inc. (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Sep 26, 2023 | May 15, 2000 |
BALI vs IVV Performance
iShares US Large Cap Premium Income Active ETF (BALI) is a ETF from BlackRock, Inc. (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year BALI returned +18.91% while IVV returned +20.94%. Year to date, BALI is up 11.73% versus a gain of 12.28% for IVV.
Over three years, BALI compounded at +20.56% per year against +21.81% for IVV. Across the full 3-year window we track, BALI has the edge at +20.56% annualized vs +6.98%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 10.3% for BALI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -16.6% for BALI and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
BALI charges 0.35% per year while IVV charges 0.03%. On a $10,000 position that is $35 vs $3 annually, a gap of $32 per year that compounds over a long holding period. On income, BALI currently yields 7.87% against 1.10% for IVV.
Holdings Overlap
BALI and IVV share 117 holdings out of 587 unique holdings combined, representing a 59.2% weight overlap.
High overlap means holding both may not provide much additional diversification.
Frequently Asked Questions
Which is cheaper, BALI or IVV?
BALI has an expense ratio of 0.35% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $32 per year of difference.
Which performed better, BALI or IVV?
Over the past year BALI returned +18.91% vs +20.94% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (3 years), BALI annualized +20.56% vs +6.98% for IVV. Past performance does not guarantee future results.
Which is riskier, BALI or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 10.3% for BALI. Worst drawdown: BALI -16.6% vs IVV -56.5%.
Should I hold both BALI and IVV?
BALI and IVV have a monthly-return correlation of 0.98, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between BALI and IVV?
BALI and IVV share 117 common holdings with a 59.2% weight overlap. Combined, they hold 587 unique securities.
Which pays a higher dividend, BALI or IVV?
BALI yields 7.87% while IVV yields 1.10%, so BALI currently pays the higher dividend yield.
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