Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

BALI vs FEPI: which paid, and which earned it?

Over the year FEPI paid 23.4% of its price in cash against BALI’s 8.5%, though BALI returned more with it reinvested.

iShares U.S. Large Cap Premium Income Active ETF and REX FANG & Innovation Equity Premium Income ETF, side by side, income ETFs on ETFIQ.

8.5%BALI cash paid, 1 year
23.4%FEPI cash paid, 1 year
+18.9%BALI total return, 1 year
+17.1%FEPI total return, 1 year

ETFIQ Return Stability Score: BALI scores higher

Was the payout funded by returns, or by your own capital?

BALI 86.1FEPI 37.93.2, the lowest in this set96.9, the highest

A percentile among the 161 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed

BALI1.4 pts ahead of SPY · 1 year to Sep 11, 2026
SPY+17.5%BALI+18.9%8.5% of it arrived as cash1.4 pts ahead of SPYTotal return, distributions reinvestedSPY+17.5%BALI+18.9%1.4 pts ahead of SPY
FEPI5.8 pts behind QQQ · 1 year to Sep 11, 2026
QQQ+23.0%FEPI+17.1%23.4% of it arrived as cash5.8 pts behind QQQTotal return, distributions reinvestedQQQ+23.0%FEPI+17.1%23.4% as cash5.8 pts behind QQQ

What they hold in common

By the books each fund has filed, BALI and FEPI hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in BALIOnly in FEPI
NVIDIA 7.38%ADVANCED MICRO DEVICES, INC. 9.98%
APPLE 6.04%MICRON TECHNOLOGY, INC. 8.91%
MICROSOFT 5.32%ALPHABET INC. 8.83%
AMAZON.COM INC 3.35%BROADCOM INC. 8.05%
ALPHABET CLASS A 2.52%NVIDIA CORPORATION 7.76%
BLK CSH FND TREASURY SL AGENCY 2.46%TESLA, INC. 7.47%
ALPHABET CLASS C 2.33%INTEL CORPORATION 5.24%
BROADCOM INC 2.23%AMAZON.COM, INC. 5.21%

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 dated Apr 30, 2026 and Sep 10, 2026.

Performance, window by window

BALI and FEPI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
BALIFEPIBALIFEPIBALIFEPI
3 months+4.4%+4.2%2.0%6.1%+1.1 pts+5.0 pts
6 months+15.0%+14.6%4.7%12.1%−1.0 pts−6.1 pts
1 year+18.9%+17.1%8.5%23.4%+1.4 pts−5.8 pts
Since launch+76.3%+67.5%29.2%66.4%−8.2 pts−28.2 pts
Open the live comparison on ETFIQ
BALI and FEPI on the same fields, as of Sep 11, 2026. Source: ETFIQ.
BALI
iShares U.S. Large Cap Premium Income Active ETF
Covered call on SPY, paying monthly
FEPI
REX FANG & Innovation Equity Premium Income ETF
Covered call on QQQ, paying weekly
IssueriSharesREX
Strategycovered callcovered call
BenchmarkS&P 500 (SPY)Nasdaq-100 (QQQ), used as the innovation proxy
Paysmonthlyweekly
Payout rate, annualized7.5%25.2%
Expense ratio0.35%0.65%
Cash paid, 1 year8.5%23.4%
Price change, 1 year+9.5%−8.5%
Total return, 1 year+18.9%+17.1%
Benchmark return, 1 year+17.5%+23.0%
Ahead or behind+1.4 pts−5.8 pts
Return of capital, latest estimatenot publishednot published
Age1079 days1066 days

BALI in plain words

Over the year to Sep 11, 2026, BALI paid 8.5% of its starting value in cash distributions while its price rose 9.5%. With every distribution reinvested, the fund returned +18.9%. S&P 500 (SPY) returned +17.5% over the same days, so a holder was ahead by 1.4 pts. At its price on Sep 11, 2026 the latest distribution annualizes to 7.5%, paid monthly.

FEPI in plain words

Over the year to Sep 11, 2026, FEPI paid 23.4% of its starting value in cash distributions while its price fell 8.5%. With every distribution reinvested, the fund returned +17.1%. Nasdaq-100 (QQQ), used as the innovation proxy returned +23.0% over the same days, so a holder was behind by 5.8 pts. At its price on Sep 11, 2026 the latest distribution annualizes to 25.2%, paid weekly.

Questions people ask

Which paid more, BALI or FEPI?
Over the year to Sep 11, 2026, BALI paid 8.5% of its starting price in cash and FEPI paid 23.4%, so FEPI 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 FEPI?
With every distribution reinvested, BALI returned +18.9% and FEPI returned +17.1% over the year to Sep 11, 2026, so BALI returned more.
Which is cheaper, BALI or FEPI?
BALI charges 0.35% a year and FEPI charges 0.65%, so BALI is cheaper. Fees come from each fund's prospectus.

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.

BALI against FEPI, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, BALI against FEPI, data as of Sep 11, 2026. https://etfiq.com/compare/income/bali-vs-fepi Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources