BALI vs IVV
iShares US Large Cap Premium Income Active ETF vs iShares Core S&P 500 ETF
Which is better, BALI or IVV?
Large Cap Growth against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.98. BALI is less concentrated, with 34.9% of the fund in its ten largest positions against 37.9%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BALI | IVV |
|---|---|---|
| Expense Ratio | 0.35% | 0.03%Best |
| AUM | $1.4B | $876.4B |
| Dividend Yield | 7.65% | 1.06% |
| Holdings | 206 | 508 |
| YTD Return | +10.40% | +11.57%Best |
| 1Y Return | +15.37% | +17.57%Best |
| 3Y Return (annualized) | +19.64% | +20.71%Best |
| 5Y Return (annualized) | - | +12.80% |
| Volatility (annualized) | 10.4%Best | 12.5% |
| Max Drawdown | -16.6%Best | -18.8% |
| $10,000 over 3 years | $17,125 | $18,523Best |
| Top 10 Weight | 34.9%Best | 37.9% |
| Fund Family | BlackRock, Inc. (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Sep 26, 2023 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Sep 28, 2023 to Sep 10, 2026 (3 years).
BALI vs IVV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3 years both funds cover.
BALI vs IVV Performance
iShares US Large Cap Premium Income Active ETF (BALI) is an ETF from BlackRock, Inc. (US) and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year BALI returned +15.37% while IVV returned +17.57%. Year to date, BALI is up 10.40% versus a gain of 11.57% for IVV.
Over three years, BALI compounded at +19.64% per year against +20.71% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 12.5% compared with 10.4% 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 -18.8% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
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 7.65% against 1.06% for IVV.
Holdings Overlap
91.0% of BALI's money is in holdings IVV also owns. 66.8% of IVV's money is in holdings BALI also owns.
Most of BALI is already inside IVV. Owning both mostly buys the same companies twice.
119 positions in common, counted across the 199 positions we hold weights for in BALI and 505 in IVV, against full books of 206 and 508.
What only one of them owns
Our book lists 376 positions for IVV that do not appear in our book for BALI (32.5% of the fund), and 76 for BALI that do not appear in IVV (7.9%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in BALI | Weight in IVV | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 6.68% | 7.98% | 1.30% |
| AAPLApple, Inc | 6.46% | 6.86% | 0.40% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 4.67% | 5.44% | 0.77% |
| AMZNAmazon.Com Inc | 3.16% | 4.01% | 0.85% |
| GOOGLAlphabet A Usd 0.001 | 2.66% | 3.19% | 0.53% |
| AVGOBroadcom Inc | 2.33% | 2.98% | 0.65% |
| GOOGAlphabet Inc | 2.31% | 2.56% | 0.25% |
| METAMeta Platforms, Inc. | 1.56% | 1.94% | 0.38% |
| XTSLABlackrock Cash Funds: Treasury, Sl Agency Shares | 3.10% | 0.18% | 2.92% |
| MUMicron Technology, Inc. | 1.41% | 1.51% | 0.10% |
91.0% of BALI is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
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, by $32 a year on a $10,000 investment.
Which performed better, BALI or IVV?
Over the past year BALI returned +15.37% vs +17.57% for IVV, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BALI or IVV?
IVV has been the more volatile fund at 12.5% annualized versus 10.4% for BALI. Worst drawdown: BALI -16.6% vs IVV -18.8%.
Should I hold both BALI and IVV?
BALI and IVV have a monthly-return correlation of 0.98, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between BALI and IVV?
91.0% of BALI's money is in holdings IVV also owns. 66.8% of IVV's is in holdings BALI also owns. They hold 119 positions in common, counted across the 199 positions we hold weights for in BALI and 505 in IVV.
Which pays a higher dividend, BALI or IVV?
BALI yields 7.65% while IVV yields 1.06%, so BALI currently pays the higher dividend yield.
Is IVV better than BALI?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.98. BALI is less concentrated, with 34.9% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.