Data as of .
BALI vs PBP: which paid, and which earned it?
Over the year PBP paid 11.8% of its price in cash against BALI’s 8.5% and the two finished level on total return.
ETFIQ Return Stability Score: BALI scores higher
Was the payout funded by returns, or by your own capital?
A percentile among the 173 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
What they hold in common
By the books each fund has filed, BALI and PBP hold 59% of their money in the same securities at the same weight.
| Holding | BALI | PBP |
|---|---|---|
| NVIDIA | 7.36% | 8.18% |
| APPLE | 6.15% | 7.50% |
| MICROSOFT | 5.07% | 5.57% |
| AMAZON.COM INC | 3.29% | 3.77% |
| ALPHABET CLASS A | 2.70% | 3.11% |
| ALPHABET CLASS C | 2.38% | 2.47% |
| BROADCOM INC | 2.25% | 2.57% |
| META PLATFORMS CLASS A | 1.80% | 2.22% |
| MICRON TECHNOLOGY | 1.50% | 1.74% |
| ADVANCED MICRO DEVICES | 1.30% | 1.39% |
| JPMORGAN CHASE & CO | 1.20% | 1.42% |
| ELI LILLY | 1.15% | 1.38% |
| Only in BALI | Only in PBP |
|---|---|
| BLK CSH FND TREASURY SL AGENCY 2.91% | Berkshire Hathaway Inc 1.42% |
| BERKSHIRE HATHAWAY INC CLASS B 1.69% | Walmart Inc 0.71% |
| AMERICAN FINANCIAL GROUP 0.50% | Mastercard Inc 0.69% |
| UNITED THERAPEUTICS 0.42% | General Electric Co 0.50% |
| ANNALY CAPITAL MANAGEMENT REIT 0.38% | Home Depot Inc/The 0.45% |
| AGNC INVESTMENT REIT 0.33% | Philip Morris International Inc 0.45% |
| AMDOCS 0.27% | Goldman Sachs Group Inc/The 0.42% |
| TEXAS ROADHOUSE INC 0.26% | Wells Fargo & Co 0.40% |
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 Sep 18, 2026 and Sep 19, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| BALI | PBP | BALI | PBP | BALI | PBP | |
| 3 months | +4.0% | +5.0% | 2.0% | 2.8% | +1.8 pts | +2.7 pts |
| 6 months | +17.3% | +13.0% | 4.7% | 5.7% | −0.8 pts | −5.0 pts |
| 1 year | +18.5% | +18.5% | 8.5% | 11.8% | +2.0 pts | +1.9 pts |
| 3 years | not published | +46.1% | not published | 31.8% | not published | −32.3 pts |
| Since launch | +76.3% | +199.0% | 29.2% | 101.2% | −8.0 pts | −604.5 pts |
| BALI iShares U.S. Large Cap Premium Income Active ETF Covered call on SPY, paying monthly | PBP Invesco S&P 500 BuyWrite ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | iShares | Invesco |
| Strategy | covered call | covered call |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 7.5% | 11.3% |
| Expense ratio | 0.35% | 0.29% |
| Cash paid, 1 year | 8.5% | 11.8% |
| Price change, 1 year | +9.2% | +5.5% |
| Total return, 1 year | +18.5% | +18.5% |
| Benchmark return, 1 year | +16.6% | +16.6% |
| Ahead or behind | +2.0 pts | +1.9 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 1086 days | 6101 days |
| Net assets | $1.5bn | $386m |
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.
PBP in plain words
Over the year to Sep 18, 2026, PBP paid 11.8% of its starting value in cash distributions while its price rose 5.5%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was ahead by 1.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 11.3%, paid monthly.
Questions people ask
- Which paid more, BALI or PBP?
- Over the year to Sep 18, 2026, BALI paid 8.5% of its starting price in cash and PBP paid 11.8%, so PBP 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 PBP?
- With every distribution reinvested, BALI returned +18.5% and PBP returned +18.5% over the year to Sep 18, 2026, so BALI returned more.
- Which is cheaper, BALI or PBP?
- BALI charges 0.35% a year and PBP charges 0.29%, so PBP 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 PBP, data as of Sep 18, 2026. https://etfiq.com/compare/income/bali-vs-pbp Free to use with attribution; the underlying files are at Open data.