Data as of .
BALI vs PCOV: which paid, and which earned it?
BALI and PCOV both write options for income.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| BALI | PCOV | BALI | PCOV | BALI | PCOV | |
| 3 months | +4.0% | not published | 2.0% | not published | +1.8 pts | not published |
| 6 months | +17.3% | not published | 4.7% | not published | −0.8 pts | not published |
| 1 year | +18.5% | not published | 8.5% | not published | +2.0 pts | not published |
| Since launch | +76.3% | −3.7% | 29.2% | 0.0% | −8.0 pts | −3.0 pts |
| BALI iShares U.S. Large Cap Premium Income Active ETF Covered call on SPY, paying monthly | PCOV Principal Equity Premium Income ETF Covered call on SPY | |
|---|---|---|
| Issuer | iShares | Principal |
| Strategy | covered call | covered call |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY) |
| Pays | monthly | not established |
| Payout rate, annualized | 7.5% | not published |
| Expense ratio | 0.35% | 0.34% |
| Cash paid, 1 year | 8.5% | 0.0% (since launch on Aug 19, 2026) |
| Price change, 1 year | +9.2% | −3.7% |
| Total return, 1 year | +18.5% | −3.7% (since launch on Aug 19, 2026) |
| Benchmark return, 1 year | +16.6% | −0.7% |
| Ahead or behind | +2.0 pts | −3.0 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 1086 days | 30 days |
| Net assets | $1.5bn | not published |
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.
PCOV in plain words
Over the period since launch on Aug 19, 2026 to Sep 18, 2026, PCOV paid 0.0% of its starting value in cash distributions while its price fell 3.7%. With every distribution reinvested, the fund returned −3.7%. S&P 500 (SPY) returned −0.7% over the same days, so a holder was behind by 3.0 pts.
Questions people ask
- Which is cheaper, BALI or PCOV?
- BALI charges 0.35% a year and PCOV charges 0.34%, so PCOV 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 PCOV, data as of Sep 18, 2026. https://etfiq.com/compare/income/bali-vs-pcov Free to use with attribution; the underlying files are at Open data.