Data as of Oct 28, 2026.
BALI vs GPIX: Dividend Yield & Total Return
Over the year to Oct 28, 2026, GPIX paid 8.6% of its price in cash against BALI’s 8.3%, though BALI returned more with it reinvested.
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Net assets on Oct 27, 2026: $1.6bn for iShares U.S. Large Cap Premium Income Active ETF and $6.5bn for Goldman Sachs S&P 500 Premium Income ETF.
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, 2026.1.1 pts ahead of SPY
GPIX over 1 year: paid 8.6%, price +5.3%, total +14.7%, SPY +13.6%, +1.1 pts. Data to Oct 28, 2026.
SPY
+13.6%
GPIX
+14.7%
8.6% of it arrived as cash
1.1 pts ahead of SPY
Total return, distributions reinvested
1.1 pts ahead of SPY
GPIX over 1 year: paid 8.6%, price +5.3%, total +14.7%, SPY +13.6%, +1.1 pts. Data to Oct 28, 2026.
SPY
+13.6%
GPIX
+14.7%
1.1 pts ahead of SPY
8.6% of it arrived as cash. Both charts share one scale, 0 to +17.6%. GPIX over 1 year: paid 8.6%, price +5.3%, total +14.7%, SPY +13.6%, +1.1 pts. Data to Oct 28, 2026.
Both charts share one scale, 0 to +17.6%. Data to Oct 28, 2026.Pair scorecard
GPIX costs 0.06 points a year less; their one-year returns differ by 2.9 points; GPIX is 4.1 times larger.
Points (pts) are percentage points.
| Measure | BALI | GPIX |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | +17.6% | +14.7% |
| Price change, 1 year | rose 8.4% | rose 5.3% |
| Against its benchmark | ||
| Benchmark | S&P 500, measured through SPY | S&P 500, measured through SPY |
| Against its benchmark, same days | ahead by 4.0 pts | ahead by 1.1 pts |
| Cost and size | ||
| Expense ratio | 0.35% | 0.29% |
| Net assets, as of Oct 27, 2026 | $1.6bn | $6.5bn |
| Holdings | ||
| Holdings in common | 58% | |
How much of its payouts the fund's total return covered, ranked against 164 income ETFs not writing on a single company. 100 is best. How it is computed
A percentile among the 164 income ETFs not writing on a single company. One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. All income ETFs ranked by it →
Holdings in common uses holdings dated Jun 30, 2026 and Oct 27, 2026. Method
Risk and return
Nov 3, 2023 to Oct 23, 2026 · 155 weekly returns · each against SPYBALI and GPIX returned about the same: +73.5% and +72.5%. BALI and GPIX swung about the same: 12.0% and 12.1%. BALI fell slightly less at its worst: −15.3% to −15.7%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | BALI | GPIX | SPY | Edge | How it is measured |
|---|---|---|---|---|---|
| Return | |||||
| Total return | +73.5% | +72.5% | Tie | Price change plus distributions, reinvested. | |
| Annualized | +20.3% | +20.1% | Tie | Total return as a yearly rate. | |
| Price return | +36.8% | +34.5% | BALI (slight) | Price change alone, distributions left out. | |
| Risk | |||||
| Volatility | 12.0% | 12.1% | Tie | Spread of weekly returns, annualized. Lower is steadier. | |
| Downside deviation | 7.8% | 8.0% | BALI (slight) | Like volatility, counting only weeks below the Treasury bill rate. | |
| Max drawdown | −15.3% | −15.7% | BALI (slight) | Deepest fall from a high to the low after it. | |
| Upside capture | 80.6% | 80.8% | 100.0% | Tie | Share of its benchmark's rise caught in the weeks it rose. |
| Downside capture | 86.2% | 86.9% | 100.0% | Tie | Share of its benchmark's fall taken in the weeks it fell. Lower is better. |
| Beta | 0.85 | 0.87 | 1.00 | BALI lower | How far it moves for each 1% its benchmark moves. |
| R squared | 0.97 | 0.99 | 1.00 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | |||||
| Sharpe | 1.24 | 1.20 | BALI (slight) | Return above Treasury bills per unit of volatility. | |
| Sortino | 1.89 | 1.82 | BALI (slight) | Return above Treasury bills per unit of downside deviation. | |
| Treynor | 0.175 | 0.168 | 0.165 | BALI (slight) | Return above Treasury bills per unit of beta. |
| Calmar | 1.33 | 1.28 | BALI (slight) | Annualized return divided by the max drawdown. | |
| Against the benchmark | |||||
| Benchmark | SPY | SPY | SPY | The ETF each fund is measured against. | |
| Alpha | +0.8% a year | +0.3% a year | 0.0% | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | 0.65 | 0.35 | Not an edge | How sure the alpha is. Below 2, it could be chance. | |
| Alpha range | −1.6% to +3.2% | −1.3% to +1.8% | Both include zero | The 95% range for the yearly alpha. | |
| Information ratio | −0.58 | −0.85 | BALI | Return against its benchmark per unit of tracking error. | |
| Tracking error | 3.0% | 2.2% | 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, 155 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, BALI and GPIX hold 58% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Oct 27, 2026.
half
58% in common
Only in one fund ↓
Side by side
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
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | BALI | GPIX | BALI | GPIX | BALI | GPIX |
| 3 months | +5.9% | +5.9% | 1.7% | 2.2% | −0.3 pts | −0.3 pts |
| 6 months | +10.4% | +9.2% | 3.9% | 4.4% | +1.3 pts | +0.1 pts |
| 1 year | +17.6% | +14.7% | 8.3% | 8.6% | +4.0 pts | +1.1 pts |
| 3 years | +85.1% | +84.6% | 30.9% | 31.7% | −9.9 pts | −10.4 pts |
| Since launchNot the same days: BALI Sep 2023 · GPIX Oct 2023 | +78.9% | +83.5% | 29.9% | 31.5% | −8.0 pts | −10.6 pts |
No client brief for this pair: the two funds' holdings are dated 119 days apart.
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.
GPIX
Over the year to Oct 28, 2026, GPIX paid 8.6% of its starting value in cash distributions while its price rose 5.3%. With every distribution reinvested, the fund returned +14.7%. S&P 500 (SPY) returned +13.6% over the same days, so a holder was ahead by 1.1 pts. At its price on Oct 28, 2026 the latest distribution annualizes to 8.5%, paid monthly.
Questions people ask
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
It is a place in a set, not a rating or a recommendation.
Overlap adds up the smaller of the two weights for each security both funds hold.
Every number is an ETFIQ calculation with distributions reinvested.
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ETFIQ, BALI against GPIX, data as of Oct 28, 2026. https://etfiq.com/compare/income/bali-vs-gpix
ETFIQ. (Oct 28, 2026). BALI against GPIX. Retrieved from https://etfiq.com/compare/income/bali-vs-gpix
[BALI against GPIX (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/income/bali-vs-gpix)
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