BALI vs SCHD
iShares US Large Cap Premium Income Active ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. BALI offers more diversification with 199 holdings.
Side-by-Side Comparison
| Metric | BALI | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.35% | 0.06% | |
| AUM | $1.3B | $103.7B | |
| Dividend Yield | 7.69% | 3.31% | |
| Holdings | 201 | 104 | |
| YTD Return | +12.66% | +25.62% | |
| 1Y Return | +20.22% | +32.62% | |
| 3Y Return (annualized) | - | +15.58% | |
| 5Y Return (annualized) | - | +9.63% | |
| Volatility (annualized) | 10.3% | 13.6% | |
| Max Drawdown | -16.6% | -33.4% | |
| Fund Family | BlackRock, Inc. (US) | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Sep 26, 2023 | Oct 20, 2011 |
BALI vs SCHD Performance
iShares US Large Cap Premium Income Active ETF (BALI) is a ETF from BlackRock, Inc. (US) and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year BALI returned +20.22% while SCHD returned +32.62%. Year to date, BALI is up 12.66% versus a gain of 25.62% for SCHD.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% 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 -33.4% for SCHD. 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 0.58. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
BALI charges 0.35% per year while SCHD charges 0.06%. On a $10,000 position that is $35 vs $6 annually, a gap of $29 per year that compounds over a long holding period. On income, BALI currently yields 7.69% against 3.31% for SCHD.
Holdings Overlap
BALI and SCHD share 22 holdings out of 277 unique holdings combined, representing a 11.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, BALI or SCHD?
BALI has an expense ratio of 0.35% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $29 per year of difference.
Which performed better, BALI or SCHD?
Over the past year BALI returned +20.22% vs +32.62% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (3 years), BALI annualized +21.11% vs +11.47% for SCHD. Past performance does not guarantee future results.
Which is riskier, BALI or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 10.3% for BALI. Worst drawdown: BALI -16.6% vs SCHD -33.4%.
Should I hold both BALI and SCHD?
BALI and SCHD have a monthly-return correlation of 0.58, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between BALI and SCHD?
BALI and SCHD share 22 common holdings with a 11.0% weight overlap. Combined, they hold 277 unique securities.
Which pays a higher dividend, BALI or SCHD?
BALI yields 7.69% while SCHD yields 3.31%, so BALI currently pays the higher dividend yield.
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