Data as of .
BALI vs OEI: which paid, and which earned it?
BALI and OEI both write options for income.
What they hold in common
By the books each fund has filed, BALI and OEI hold 59% of their money in the same securities at the same weight.
| Holding | BALI | OEI |
|---|---|---|
| NVIDIA | 7.36% | 8.32% |
| MICROSOFT | 5.07% | 5.99% |
| APPLE | 6.15% | 4.28% |
| AMAZON.COM INC | 3.29% | 4.56% |
| ALPHABET CLASS A | 2.70% | 3.48% |
| ALPHABET CLASS C | 2.38% | 2.79% |
| BROADCOM INC | 2.25% | 3.04% |
| META PLATFORMS CLASS A | 1.80% | 2.18% |
| EXXONMOBIL HOLDINGS CORP | 1.74% | 2.07% |
| MICRON TECHNOLOGY | 1.50% | 2.57% |
| CHEVRON | 1.65% | 1.31% |
| ADVANCED MICRO DEVICES | 1.30% | 1.56% |
| Only in BALI | Only in OEI |
|---|---|
| BLK CSH FND TREASURY SL AGENCY 2.91% | Berkshire Hathaway Inc 1.60% |
| BERKSHIRE HATHAWAY INC CLASS B 1.69% | Mastercard Inc 1.57% |
| USD CASH 1.06% | General Electric Co 1.41% |
| LOCKHEED MARTIN CORP 0.82% | Home Depot Inc/The 1.17% |
| AMETEK INC 0.71% | Walmart Inc 1.13% |
| WEC ENERGY GROUP 0.70% | RTX Corp 1.09% |
| CARDINAL HEALTH 0.67% | Philip Morris International In 1.04% |
| AIRBNB CLASS A 0.65% | Wells Fargo & Co 0.91% |
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 Jul 31, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| BALI | OEI | BALI | OEI | BALI | OEI | |
| 3 months | +4.0% | +4.8% | 2.0% | 2.3% | +1.8 pts | +2.5 pts |
| 6 months | +17.3% | +12.5% | 4.7% | 4.9% | −0.8 pts | −5.6 pts |
| 1 year | +18.5% | not published | 8.5% | not published | +2.0 pts | not published |
| Since launch | +76.3% | +14.4% | 29.2% | 8.6% | −8.0 pts | −0.9 pts |
| BALI iShares U.S. Large Cap Premium Income Active ETF Covered call on SPY, paying monthly | OEI Optimized Equity Income ETF Option income on SPY, paying monthly | |
|---|---|---|
| Issuer | iShares | Core Alternative |
| Strategy | covered call | option income |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY), used as a default proxy |
| Pays | monthly | monthly |
| Payout rate, annualized | 7.5% | 9.2% |
| Expense ratio | 0.35% | 1.02% |
| Cash paid, 1 year | 8.5% | 8.6% (since launch on Oct 22, 2025) |
| Price change, 1 year | +9.2% | +5.2% |
| Total return, 1 year | +18.5% | +14.4% (since launch on Oct 22, 2025) |
| Benchmark return, 1 year | +16.6% | +15.3% |
| Ahead or behind | +2.0 pts | −0.9 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 1086 days | 331 days |
| Net assets | $1.5bn | $46m |
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.
OEI in plain words
Over the period since launch on Oct 22, 2025 to Sep 18, 2026, OEI paid 8.6% of its starting value in cash distributions while its price rose 5.2%. With every distribution reinvested, the fund returned +14.4%. S&P 500 (SPY), used as a default proxy returned +15.3% over the same days, so a holder was behind by 0.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.2%, paid monthly.
Questions people ask
- Which is cheaper, BALI or OEI?
- BALI charges 0.35% a year and OEI charges 1.02%, 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 OEI, data as of Sep 18, 2026. https://etfiq.com/compare/income/bali-vs-oei Free to use with attribution; the underlying files are at Open data.