BALI vs VOO
iShares US Large Cap Premium Income Active ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | BALI | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.35% | 0.03% | |
| AUM | $1.3B | $979.0B | |
| Dividend Yield | 7.69% | 1.09% | |
| Holdings | 201 | 509 | |
| YTD Return | +12.95% | +13.72% | |
| 1Y Return | +19.71% | +21.63% | |
| 3Y Return (annualized) | - | +21.55% | |
| 5Y Return (annualized) | - | +13.26% | |
| Volatility (annualized) | 10.3% | 14.1% | |
| Max Drawdown | -16.6% | -34.3% | |
| Fund Family | BlackRock, Inc. (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Sep 26, 2023 | Sep 7, 2010 |
BALI vs VOO Performance
iShares US Large Cap Premium Income Active ETF (BALI) is a ETF from BlackRock, Inc. (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year BALI returned +19.71% while VOO returned +21.63%. Year to date, BALI is up 12.95% versus a gain of 13.72% for VOO.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% 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 -34.3% for VOO. 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 VOO 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 7.69% against 1.09% for VOO.
Holdings Overlap
BALI and VOO share 117 holdings out of 587 unique holdings combined, representing a 58.3% weight overlap.
High overlap means holding both may not provide much additional diversification.
Frequently Asked Questions
Which is cheaper, BALI or VOO?
BALI has an expense ratio of 0.35% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $32 per year of difference.
Which performed better, BALI or VOO?
Over the past year BALI returned +19.71% vs +21.63% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (3 years), BALI annualized +21.19% vs +13.56% for VOO. Past performance does not guarantee future results.
Which is riskier, BALI or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 10.3% for BALI. Worst drawdown: BALI -16.6% vs VOO -34.3%.
Should I hold both BALI and VOO?
BALI and VOO 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 VOO?
BALI and VOO share 117 common holdings with a 58.3% weight overlap. Combined, they hold 587 unique securities.
Which pays a higher dividend, BALI or VOO?
BALI yields 7.69% while VOO yields 1.09%, so BALI currently pays the higher dividend yield.
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