BALI vs KOOL
iShares US Large Cap Premium Income Active ETF vs North Shore Equity Rotation ETF
Which is better, BALI or KOOL?
KOOL has been ahead.
BALI has a lower expense ratio. KOOL led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92. BALI is less concentrated, with 35.0% of the fund in its ten largest positions against 42.8%.
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 | KOOL |
|---|---|---|
| Expense Ratio | 0.35%Best | 0.93% |
| AUM | $1.5B | $60M |
| Dividend Yield | 7.81% | 0.43% |
| Holdings | 206 | 42 |
| YTD Return | +12.08% | +15.66%Best |
| 1Y Return | +15.80% | +16.59%Best |
| 3Y Return (annualized) | +19.11% | - |
| Volatility (annualized) | 9.7%Best | 12.0% |
| Max Drawdown | -16.6%Best | -20.6% |
| $10,000 over 2.5 years | $14,331 | $14,835Best |
| Top 10 Weight | 35.0%Best | 42.8% |
| Fund Family | BlackRock, Inc. (US) | North Shore Indices |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Sep 26, 2023 | Apr 1, 2024 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: Apr 2, 2024 to Oct 15, 2026 (2.5 years).
BALI vs KOOL 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 2.5 years both funds cover.
BALI vs KOOL Performance
iShares US Large Cap Premium Income Active ETF (BALI) is an ETF from BlackRock, Inc. (US) and North Shore Equity Rotation ETF (KOOL) is an ETF from North Shore Indices. Over the past year BALI returned +15.80% while KOOL returned +16.59%. Year to date, BALI is up 12.08% versus a gain of 15.66% for KOOL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
KOOL has been the more volatile fund, with annualized monthly volatility of 12.0% compared with 9.7% 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 -20.6% for KOOL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. 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 KOOL charges 0.93%. On a $10,000 position that is $35 vs $93 annually, a gap of $58 per year that compounds over a long holding period. On income, BALI currently yields 7.81% against 0.43% for KOOL.
Holdings Overlap
31.5% of BALI's money is in holdings KOOL also owns. 43.3% of KOOL's money is in holdings BALI also owns.
The two portfolios partly overlap.
14 positions in common, counted across the 211 positions we hold weights for in BALI and 44 in KOOL, against full books of 206 and 42.
What only one of them owns
Our book lists 26 positions for KOOL that do not appear in our book for BALI (49.7% of the fund), and 192 for BALI that do not appear in KOOL (67.0%).
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 KOOL | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.35% | 5.78% | 1.57% |
| AAPLApple, Inc | 5.76% | 4.31% | 1.45% |
| MSFTMicrosoft Corp | 5.39% | 3.11% | 2.28% |
| AMZNAmazon.Com Inc | 3.40% | 4.34% | 0.94% |
| GOOGLAlphabet Inc | 2.53% | 3.65% | 1.12% |
| METAMeta Platforms Inc | 1.52% | 3.20% | 1.68% |
| AVGOBroadcom Inc | 2.25% | 1.97% | 0.28% |
| JNJJohnson & Johnson - Common | 1.46% | 2.58% | 1.12% |
| VLOValero Energy | 0.40% | 3.34% | 2.94% |
| GEVGe Vernova, Inc. | 0.41% | 3.00% | 2.59% |
43.3% of KOOL is already inside BALI.
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 KOOL?
BALI has an expense ratio of 0.35% while KOOL charges 0.93%. BALI is the cheaper option, by $58 a year on a $10,000 investment.
Which performed better, BALI or KOOL?
Over the past year BALI returned +15.80% vs +16.59% for KOOL, so KOOL leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BALI or KOOL?
KOOL has been the more volatile fund at 12.0% annualized versus 9.7% for BALI. Worst drawdown: BALI -16.6% vs KOOL -20.6%.
Should I hold both BALI and KOOL?
BALI and KOOL have a monthly-return correlation of 0.92, 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 KOOL?
43.3% of KOOL's money is in holdings BALI also owns. 43.3% of KOOL's is in holdings BALI also owns. They hold 14 positions in common, counted across the 211 positions we hold weights for in BALI and 44 in KOOL.
Which pays a higher dividend, BALI or KOOL?
BALI yields 7.81% while KOOL yields 0.43%, so BALI currently pays the higher dividend yield.
Is KOOL better than BALI?
BALI has a lower expense ratio. KOOL led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92. BALI is less concentrated, with 35.0% of the fund in its ten largest positions against 42.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.