Data as of . Every figure is the income desk's own, on published data.
BALI vs ULTY
What they hold in common
By the books each fund has filed, BALI and ULTY hold 15% of their money in the same securities at the same weight.
| Holding | BALI | ULTY |
|---|---|---|
| NVIDIA Corp | 7.73% | 4.80% |
| Amazon.com Inc | 4.52% | 5.16% |
| Alphabet Inc | 3.73% | 5.66% |
| Palantir Technologies Inc | 0.84% | 4.40% |
| Lam Research Corp | 0.67% | 4.99% |
| Comfort Systems USA Inc | 0.21% | 4.31% |
| Fortinet Inc | 0.02% | 3.56% |
| Only in BALI | Only in ULTY |
|---|---|
| Microsoft Corp 7.90% | Analog Devices Inc 5.47% |
| Apple Inc 6.59% | Ciena Corp 4.95% |
| Meta Platforms Inc 2.05% | Quanta Services Inc 4.95% |
| Alphabet Inc 2.02% | Lumentum Holdings Inc 4.86% |
| Johnson & Johnson 1.96% | IREN Ltd 4.80% |
| Walmart Inc 1.90% | Strategy Inc 4.65% |
| Broadcom Inc 1.80% | Astera Labs Inc 4.56% |
| Home Depot Inc/The 1.52% | Coherent Corp 4.50% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings as filed for Apr 30, 2026 and Sep 30, 2025.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| BALI | ULTY | BALI | ULTY | BALI | ULTY | |
| 3 months | +6.2% | +2.9% | 2.0% | 14.5% | +1.5 pts | −1.8 pts |
| 6 months | +14.7% | +12.9% | 4.6% | 29.9% | −0.5 pts | −2.3 pts |
| 1 year | +20.9% | −2.9% | 8.6% | 48.3% | +1.0 pts | −22.8 pts |
| Since launch | +77.5% | +10.0% | 29.2% | 86.5% | −8.4 pts | −46.2 pts |
| BALI iShares Advantage Large Cap Income ETF | ULTY YieldMax(R) Ultra Option Income Strategy ETF | |
|---|---|---|
| Issuer | iShares | YieldMax |
| Strategy | covered call | synthetic covered call |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY), used as a default proxy |
| Pays | monthly | weekly |
| Payout rate, annualised | 7.4% | 60.4% |
| Expense ratio | not published | 1.30% |
| Cash paid, 1 year | 8.6% | 48.3% |
| Price change, 1 year | +11.4% | −52.1% |
| Total return, 1 year | +20.9% | −2.9% |
| Benchmark return, 1 year | +20.0% | +20.0% |
| Ahead or behind | +1.0 pts | −22.8 pts |
| Return of capital, latest estimate | not published | 100% |
| Age | 1072 days | 918 days |
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.
ULTY in plain words
Over the year to Sep 4, 2026, ULTY paid 48.3% of its starting value in cash distributions while its price fell 52.1%. With every distribution reinvested, the fund returned −2.9%. S&P 500 (SPY), used as a default proxy returned +20.0% over the same days, so a holder was behind by 22.8 pts. At its price on Sep 4, 2026 the latest distribution annualises to 60.4%, paid weekly. YieldMax estimates that 100% of the distribution paid Sep 3, 2026 was a return of capital (19a-1 notice, estimated, a tax characterisation rather than a measure of erosion).
Questions people ask
- Which paid more, BALI or ULTY?
- Over the year to Sep 4, 2026, BALI paid 8.6% of its starting price in cash and ULTY paid 48.3%, so ULTY paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, BALI or ULTY?
- With every distribution reinvested, BALI returned +20.9% and ULTY returned −2.9% over the year to Sep 4, 2026, so BALI returned more.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, BALI against ULTY, data as of Sep 4, 2026. https://etfiq.com/compare/income/BALI-ULTY.html Free to use with attribution; the underlying files are at Open data.