Which returned more over the last year, BALI or SPY?

In the year to Sep 4, 2026, with distributions reinvested, BALI returned +20.9% and SPY returned +20.0%, so BALI returned more. One year is one year; the longer windows are in the table.

Are BALI and SPY the same kind of fund?

No. BALI is an option-income ETF and SPY is an index ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.

Data as of Sep 4, 2026. Both funds on the fields they both publish, from the same sources.

BALI vs SPY

Name: ETFIQ comparison of BALI and SPY
Creator: ETFIQ
License: https://etfiq.com/standards/

iShares Advantage Large Cap Income ETF and SPDR S&P 500 ETF Trust.

BALI and SPY on the fields both publish, as of Sep 4, 2026. Source: ETFIQ.
	BALI iShares Advantage Large Cap Income ETF	SPY SPDR S&P 500 ETF Trust
Where it sits	Income desk	Core fund
Issuer	iShares	State Street
What it is	covered call, vs SPY	S&P 500, book from IVV
Total return, 1 year	+20.9%	+20.0%
S&P 500 over the same days	+20.0%	+20.0%
Gap to the S&P 500	+1.0 pts	+0.0 pts
Cash paid, 1 year	8.6%	not an income fund
Expense ratio	not published	not published
Holdings	n/a	504

BALI in plain words

Over the year to Sep 4, 2026, BALI paid 8.6% of its starting value in cash distributions while its price rose 11.4%. With every distribution reinvested, the fund returned +20.9%. S&P 500 (SPY) returned +20.0% over the same days, so a holder was ahead by 1.0 pts. At its price on Sep 4, 2026 the latest distribution annualises to 7.4%, paid monthly.

SPY in plain words

SPY is a index equity fund tracking S&P 500, book from IVV. Over the year to Sep 4, 2026 it returned +20.0% with distributions reinvested, against +20.0% for the S&P 500 and +25.6% for the Nasdaq-100. By its holdings filed for Jun 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 504 positions, with the top ten at 36.4%.

Questions people ask

Which returned more over the last year, BALI or SPY?: In the year to Sep 4, 2026, with distributions reinvested, BALI returned +20.9% and SPY returned +20.0%, so BALI returned more. One year is one year; the longer windows are in the table.
Are BALI and SPY the same kind of fund?: No. BALI is an option-income ETF and SPY is an index ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.

Other comparisons

Where to next

Cite this page. ETFIQ, BALI against SPY, data as of Sep 4, 2026. https://etfiq.com/compare/any/BALI-SPY.html Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. ETFIQ publishes the same fields for every fund and suggests no allocation. Standards and sources