Data as of .
BALI vs HEMI: which paid, and which earned it?
BALI and HEMI both write options for income.
What they hold in common
By the books each fund has filed, BALI and HEMI hold 10% of their money in the same securities at the same weight.
| Holding | BALI | HEMI |
|---|---|---|
| AMAZON.COM INC | 3.29% | 5.73% |
| BROADCOM INC | 2.25% | 4.02% |
| JPMORGAN CHASE & CO | 1.20% | 2.42% |
| MERCK & CO INC | 0.94% | 1.15% |
| ABBOTT LABORATORIES | 0.91% | 0.61% |
| PHILLIPS 66 | 0.57% | 0.41% |
| TESLA INC | 0.95% | 0.40% |
| INTERCONTINENTAL EXCHANGE INC | 0.32% | 1.28% |
| CISCO SYSTEMS INC | 0.99% | 0.29% |
| CASEYS GENERAL STORES INC | 0.07% | 0.43% |
| Only in BALI | Only in HEMI |
|---|---|
| NVIDIA 7.36% | NVIDIA Corp 9.11% |
| APPLE 6.15% | Alphabet Inc 7.69% |
| MICROSOFT 5.07% | Apple Inc 5.86% |
| BLK CSH FND TREASURY SL AGENCY 2.91% | Microsoft Corp 5.72% |
| ALPHABET CLASS A 2.70% | Meta Platforms Inc 2.66% |
| ALPHABET CLASS C 2.38% | Eli Lilly & Co 2.13% |
| META PLATFORMS CLASS A 1.80% | Mastercard Inc 2.04% |
| EXXONMOBIL HOLDINGS CORP 1.74% | Advanced Micro Devices Inc 1.89% |
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 18, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| BALI | HEMI | BALI | HEMI | BALI | HEMI | |
| 3 months | +4.0% | +0.8% | 2.0% | 2.2% | +1.8 pts | −1.5 pts |
| 6 months | +17.3% | +13.6% | 4.7% | 4.9% | −0.8 pts | −4.5 pts |
| 1 year | +18.5% | not published | 8.5% | not published | +2.0 pts | not published |
| Since launch | +76.3% | +11.2% | 29.2% | 6.0% | −8.0 pts | −3.4 pts |
| BALI iShares U.S. Large Cap Premium Income Active ETF Covered call on SPY, paying monthly | HEMI Hartford Equity Premium Income ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | iShares | Hartford |
| Strategy | covered call | covered call |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 7.5% | 9.1% |
| Expense ratio | 0.35% | 0.49% |
| Cash paid, 1 year | 8.5% | 6.0% (since launch on Dec 17, 2025) |
| Price change, 1 year | +9.2% | +4.9% |
| Total return, 1 year | +18.5% | +11.2% (since launch on Dec 17, 2025) |
| Benchmark return, 1 year | +16.6% | +14.7% |
| Ahead or behind | +2.0 pts | −3.4 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 1086 days | 275 days |
| Net assets | $1.5bn | $33m |
BALI in plain words
Over the year to Sep 18, 2026, BALI paid 8.5% of its starting value in cash distributions while its price rose 9.2%. With every distribution reinvested, the fund returned +18.5%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was ahead by 2.0 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 7.5%, paid monthly.
HEMI in plain words
Over the period since launch on Dec 17, 2025 to Sep 18, 2026, HEMI paid 6.0% of its starting value in cash distributions while its price rose 4.9%. With every distribution reinvested, the fund returned +11.2%. S&P 500 (SPY) returned +14.7% over the same days, so a holder was behind by 3.4 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.1%, paid monthly.
Questions people ask
- Which is cheaper, BALI or HEMI?
- BALI charges 0.35% a year and HEMI charges 0.49%, 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.
Cite this page. ETFIQ, BALI against HEMI, data as of Sep 18, 2026. https://etfiq.com/compare/income/bali-vs-hemi Free to use with attribution; the underlying files are at Open data.