Which paid more, BALI or FEPI?

Over the year to Oct 28, 2026, BALI paid 8.3% of its starting price in cash and FEPI paid 22.9%, 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 +17.6% and FEPI +8.5% over the year to Oct 28, 2026.

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.

Data as of Oct 28, 2026.

Income ETFs

BALI vs FEPI: Dividend Yield & Total Return

Share on X Download as PDF

Over the year to Oct 28, 2026, FEPI paid 22.9% of its price in cash against BALI’s 8.3%, though BALI returned more with it reinvested.

askIQ about this page

askIQ about BALI and FEPI

Net assets on Oct 27, 2026: $1.6bn for iShares U.S. Large Cap Premium Income Active ETF and $725m for REX FANG & Innovation Equity Premium Income ETF.

BALI on its own →FEPI on its own →

At a glance

8.3%

BALI cash paid, 1 year

22.9%

FEPI cash paid, 1 year

+17.6%

BALI total return, 1 year

+8.5%

FEPI total return, 1 year

BALI · 1 year to Oct 28, 2026 4 pts ahead of SPY

BALI

+17.6%

SPY

+13.6%

4 pts ahead of SPY

BALI over 1 year: paid 8.3%, price +8.4%, total +17.6%, SPY +13.6%, +4.0 pts. Data to Oct 28, 2026.

SPY

+13.6%

BALI

+17.6%

8.3% of it arrived as cash

4 pts ahead of SPY

Total return, distributions reinvested

4 pts ahead of SPY

BALI over 1 year: paid 8.3%, price +8.4%, total +17.6%, SPY +13.6%, +4.0 pts. Data to Oct 28, 2026.

SPY

+13.6%

BALI

+17.6%

4 pts ahead of SPY

8.3% of it arrived as cash. Total return, distributions reinvested. BALI over 1 year: paid 8.3%, price +8.4%, total +17.6%, SPY +13.6%, +4.0 pts. Data to Oct 28, 2026.

Data to Oct 28, 2026.

FEPI · 1 year to Oct 28, 2026 Not measured

FEPI

+8.5%

none

Not measured

FEPI over 1 year: paid 22.9%, price −16.3%, total +8.5%, not measured against a benchmark. Data to Oct 28, 2026.

FEPI

+8.5%

22.9% of it arrived as cash

Total return, distributions reinvested

Not measured

FEPI over 1 year: paid 22.9%, price −16.3%, total +8.5%, not measured against a benchmark. Data to Oct 28, 2026.

FEPI

+8.5%

22.9% of it arrived as cash. Both charts share one scale, with zero at the line. FEPI over 1 year: paid 22.9%, price −16.3%, total +8.5%, not measured against a benchmark. Data to Oct 28, 2026.

Data to Oct 28, 2026.

Pair scorecard

BALI costs 0.30 points a year less; their one-year returns differ by 9.1 points; BALI is 2.2 times larger.

Points (pts) are percentage points.

BALI vs FEPI: Dividend Yield & Total Return
Measure	BALI	FEPI
Paid and earned
Measure	BALI	FEPI
Total return, 1 year	+17.6%	+8.5%
Price change, 1 year	rose 8.4%	fell 16.3%
Against its benchmark
Measure	BALI	FEPI
Benchmark	S&P 500, measured through SPY	not published
Against its benchmark, same days	ahead by 4.0 pts
Cost and size
Measure	BALI	FEPI
Expense ratio	0.35%	0.65%
Net assets, as of Oct 27, 2026	$1.6bn	$725m
Holdings
Measure	BALI	FEPI
Holdings in common	32%

Holdings in common uses holdings dated Jul 31, 2026 and Oct 27, 2026. Method

Risk and return

Oct 20, 2023 to Oct 23, 2026 · 157 weekly returns

BALI FEPI

Return

Total return edge BALI +78.2% +68.3%

Annualized edge BALI +21.1% +18.8%

Price return edge BALI +39.3% −19.7%

Risk

Volatility edge BALI 12.3% 19.1%

Max drawdown edge BALI −15.3% −22.7%

Risk-adjusted

Sharpe edge BALI 1.26 0.77

Sortino edge BALI 1.96 1.09

Calmar edge BALI 1.38 0.83

Reading

BALI returned more: +78.2% to +68.3%. BALI swung less: 12.3% to 19.1%. BALI fell less at its worst: −15.3% to −22.7%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: BALI vs FEPI: Dividend Yield & Total Return
Measure	BALI	FEPI	Edge	How it is measured
Return
Total return	+78.2%	+68.3%	BALI	Price change plus distributions, reinvested.
Annualized	+21.1%	+18.8%	BALI	Total return as a yearly rate.
Price return	+39.3%	−19.7%	BALI	Price change alone, distributions left out.
Risk
Volatility	12.3%	19.1%	BALI	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	7.9%	13.4%	BALI	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−15.3%	−22.7%	BALI	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	1.26	0.77	BALI	Return above Treasury bills per unit of volatility.
Sortino	1.96	1.09	BALI	Return above Treasury bills per unit of downside deviation.
Calmar	1.38	0.83	BALI	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 157 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

32%

By the books each fund has filed, BALI and FEPI hold 32% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Oct 27, 2026.

50%

0 half 100%

half

32% in common

Positions both hold · largest shared weight first BALI FEPI

NVIDIA 7.15% 6.68%

APPLE 6.30% 6.90%

MICROSOFT 5.42% 4.23%

AMAZON.COM INC 3.28% 4.21%

ALPHABET CLASS A 2.33% 7.00%

BROADCOM INC 2.14% 6.95%

META PLATFORMS CLASS A 1.59% 4.25%

MICRON TECHNOLOGY 1.36% 5.88%

ADVANCED MICRO DEVICES 1.35% 6.04%

TESLA INC 0.79% 4.22%

INTEL CORPORATION 0.65% 4.10%

PALANTIR TECHNOLOGIES CLASS A 0.53% 4.22%

Only in one fund ↓

Only in BALI

ALPHABET CLASS C 2.16%

EXXONMOBIL HOLDINGS CORP 1.91%

BERKSHIRE HATHAWAY INC CLASS B 1.79%

CHEVRON 1.79%

COSTCO WHOLESALE CORP 1.69%

PROCTER & GAMBLE 1.59%

VISA CLASS A 1.55%

PFIZER 1.24%

Only in FEPI

Check overlap with more funds →

Side by side

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, paying weekly

Issuer iShares REX

Strategy covered call covered call

Benchmark S&P 500 (SPY) none

Pays monthly weekly

Payout rate, annualized 6.1% 24.6%

Expense ratio 0.35% 0.65%

Cash paid, 1 year 8.3% 22.9%

Price change, 1 year +8.4% −16.3%

Total return, 1 year +17.6% +8.5%

Benchmark return, 1 year +13.6% not published

Ahead or behind +4.0 pts not available

Return of capital, latest estimate 0% not published

Age 3.1 years 3.0 years

Net assets, as of Oct 27, 2026 $1.6bn $725m

As of Oct 28, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.

Window by window

Window by window: BALI vs FEPI: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	BALI	FEPI	BALI	FEPI	BALI	FEPI
3 months	+5.9%	+16.3%	1.7%	7.0%	−0.3 pts	not measured
6 months	+10.4%	+8.1%	3.9%	11.0%	+1.3 pts	not measured
1 year	+17.6%	+8.5%	8.3%	22.9%	+4.0 pts	not measured
3 years	+85.1%	+78.0%	30.9%	72.9%	−9.9 pts	not measured
Since launchNot the same days: BALI Sep 2023 · FEPI Oct 2023	+78.9%	+69.0%	29.9%	69.2%	−8.0 pts	not measured

Open this comparison in the app →

Client brief · page 1 of 2 Report BR-C26704FDFE

BALI and FEPI are built for the same job. How do they differ in cost, holdings and results?

Income paid. BALI paid 8.3% and FEPI 22.9% (cash paid over 1 year, as a share of its price at the start), a gap of 14.6 points.
Holdings in common. 32% of the weight is in the same securities (holdings dated Oct 27, 2026 and Jul 31, 2026).
One-year total return. Over 1 year to Oct 28, 2026 BALI returned +17.6% and FEPI +8.5% with distributions reinvested, a gap of 9.1 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.

Your saved page · Privacy.

Alert

About each fund

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.

FEPI

Over the year to Oct 28, 2026, FEPI paid 22.9% of its starting value in cash distributions while its price fell 16.3%. With every distribution reinvested, the fund returned +8.5%. At its price on Oct 28, 2026 the latest distribution annualizes to 24.6%, paid weekly.

Questions people ask

Which paid more, BALI or FEPI?: Over the year to Oct 28, 2026, BALI paid 8.3% of its starting price in cash and FEPI paid 22.9%, 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 +17.6% and FEPI +8.5% over the year to Oct 28, 2026.
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

BALI vs TSLY BALI vs YYY BALI vs ULTY BALI vs SDVD FEPI vs ISPY FEPI vs OMAH FEPI vs FTHI FEPI vs ROCY

Where to next

S&P 500 (SPY) →All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →BALI on its own →FEPI on its own →BALI dividend history →BALI holdings →FEPI dividend history →FEPI holdings →Method →Standards and sources →

Sources and dates

BALI filings on SEC EDGAR ↗

BALI prospectus with the expense ratio (SEC) ↗

BALI 19a-1 distribution notice ↗

iShares page for BALI ↗

FEPI filings on SEC EDGAR ↗

FEPI prospectus with the expense ratio (SEC) ↗

REX page for FEPI ↗

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.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, BALI against FEPI, data as of Oct 28, 2026. https://etfiq.com/compare/income/bali-vs-fepi

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.