Data as of Oct 28, 2026.
BALI vs IVV: Differences, Returns & Fees
Over the year to Oct 28, 2026, BALI returned +17.6% to IVV's +13.7%, and IVV charges 0.03% to BALI's 0.35%.
askIQ about this page
askIQ about BALI and IVV
Net assets on Oct 27, 2026: $1.6bn for iShares U.S. Large Cap Premium Income Active ETF and $885.1bn for iShares Core S&P 500 ETF.
Pair scorecard
IVV costs 0.32 points a year less; their one-year returns differ by 3.9 points; IVV is far larger, $885.1bn against $1.6bn.
| Measure | BALI | IVV |
|---|---|---|
| Return | ||
| Total return, 1 year | +17.6% | +13.7% |
| Price change, 1 year | rose 8.4% | rose 12.4% |
| Latest payout, annualized | 6.1% | |
| Return of capital, issuer estimate | 0% of the Oct 6, 2026 payment | |
| Against its benchmark | ||
| What it tracks | Benchmark: S&P 500, measured through SPY | S&P 500 |
| Against its benchmark, same days | ahead by 4.0 pts | |
| Cost and size | ||
| Expense ratio | 0.35% | 0.03% |
| Net assets, as of Oct 27, 2026 | $1.6bn | $885.1bn |
| Holdings | ||
| Holdings in common | 60% | |
| In the S&P 500, by weight | 100% | |
| Top ten holdings, share of the fund | 38.1% | |
Holdings in common uses holdings dated Oct 27, 2026. Method
Risk and return
Oct 6, 2023 to Oct 23, 2026 · 159 weekly returns · each against SPYIVV returned slightly more: +83.9% to +76.2%. BALI swung less: 12.3% to 14.3%. BALI fell slightly less at its worst: −15.3% to −16.9%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | BALI | IVV | SPY | Edge | How it is measured |
|---|---|---|---|---|---|
| Return | |||||
| Total return | +76.2% | +83.9% | IVV (slight) | Price change plus distributions, reinvested. | |
| Annualized | +20.3% | +22.0% | IVV (slight) | Total return as a yearly rate. | |
| Price return | +37.8% | +76.9% | IVV | Price change alone, distributions left out. | |
| Risk | |||||
| Volatility | 12.3% | 14.3% | BALI | Spread of weekly returns, annualized. Lower is steadier. | |
| Downside deviation | 7.9% | 9.1% | BALI | Like volatility, counting only weeks below the Treasury bill rate. | |
| Max drawdown | −15.3% | −16.9% | BALI (slight) | Deepest fall from a high to the low after it. | |
| Upside capture | 81.0% | 100.8% | 100.0% | IVV | Share of its benchmark's rise caught in the weeks it rose. |
| Downside capture | 86.6% | 100.4% | 100.0% | BALI | Share of its benchmark's fall taken in the weeks it fell. Lower is better. |
| Beta | 0.85 | 1.00 | 1.00 | BALI lower | How far it moves for each 1% its benchmark moves. |
| R squared | 0.97 | 1.00 | 1.00 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | |||||
| Sharpe | 1.21 | 1.15 | BALI (slight) | Return above Treasury bills per unit of volatility. | |
| Sortino | 1.87 | 1.81 | BALI (slight) | Return above Treasury bills per unit of downside deviation. | |
| Treynor | 0.174 | 0.164 | 0.164 | BALI (slight) | Return above Treasury bills per unit of beta. |
| Calmar | 1.33 | 1.31 | Tie | Annualized return divided by the max drawdown. | |
| Against the benchmark | |||||
| Benchmark | SPY | SPY | SPY | The ETF each fund is measured against. | |
| Alpha | +0.9% a year | 0.0% a year | 0.0% | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | 0.71 | 0.07 | Not an edge | How sure the alpha is. Below 2, it could be chance. | |
| Alpha range | −1.5% to +3.3% | −0.4% to +0.4% | Both include zero | The 95% range for the yearly alpha. | |
| Information ratio | −0.53 | 0.26 | IVV | Return against its benchmark per unit of tracking error. | |
| Tracking error | 3.0% | 0.4% | 0.0% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 159 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, BALI and IVV hold 60% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.
half
60% in common
Only in one fund ↓
Side by side
BALI and IVV on the fields both publish, as of Oct 28, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price.
BALI and IVV do different jobs. What does each one do in a portfolio?
- What each follows. BALI is measured against S&P 500 through SPY and IVV follows S&P 500.
- One-year total return. Over 1 year to Oct 28, 2026 BALI returned +17.6% and IVV +13.7% with distributions reinvested, a gap of 3.9 points.
- Cost. BALI charges 0.35% of assets a year and IVV 0.03%, a gap of 0.32 points.
Data as of Oct 28, 2026.
The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.
BALI
Over the year to Oct 28, 2026, BALI paid 8.3% of its starting value in cash distributions while its price rose 8.4%. With every distribution reinvested, the fund returned +17.6%. S&P 500 (SPY) returned +13.6% over the same days, so a holder was ahead by 4.0 pts. At its price on Oct 28, 2026 the latest distribution annualizes to 6.1%, paid monthly. iShares estimates that 0% of the distribution paid Oct 6, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
IVV
IVV tracks the S&P 500. Over the year to Oct 28, 2026 it returned +13.7% with distributions reinvested, against +13.6% for its benchmark, the S&P 500. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 505 positions, with the top ten at 38.1%.
Questions people ask
- Are BALI and IVV in the same category?
- BALI is an option-income ETF and IVV is a stock ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
- Which returned more over the last year, BALI or IVV?
- In the year to Oct 28, 2026, with distributions reinvested, BALI returned +17.6% and IVV +13.7%.
- Which is cheaper, BALI or IVV?
- IVV is cheaper, by 0.32 percentage points a year. That is about $32 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Cite this pageCitation, APA and Markdown
ETFIQ, BALI against IVV, data as of Oct 28, 2026. https://etfiq.com/compare/any/bali-vs-ivv
ETFIQ. (Oct 28, 2026). BALI against IVV. Retrieved from https://etfiq.com/compare/any/bali-vs-ivv
[BALI against IVV (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/bali-vs-ivv)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.