Data as of .
BALI vs SCLZ: which paid, and which earned it?
Over the year BALI paid 8.5% of its price in cash against SCLZ’s 8.4%, and returned more with it reinvested.
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 SCLZ hold 10% of their money in the same securities at the same weight.
| Holding | BALI | SCLZ |
|---|---|---|
| AMAZON.COM INC | 3.29% | 3.75% |
| BROADCOM INC | 2.25% | 4.71% |
| CISCO SYSTEMS INC | 0.99% | 3.01% |
| TESLA INC | 0.95% | 1.80% |
| CATERPILLAR INC | 0.91% | 1.84% |
| COSTCO WHOLESALE CORP | 1.64% | 0.90% |
| AMGEN INC | 0.46% | 0.36% |
| LOWES COMPANIES INC | 0.33% | 0.66% |
| T MOBILE US INC | 0.28% | 0.14% |
| SOLSTICE ADVANCED MATERIALS INC | 0.02% | 0.04% |
| FREEPORT MCMORAN INC | 0.00% | 0.10% |
| JOHNSON & JOHNSON | 0.00% | 2.41% |
| Only in BALI | Only in SCLZ |
|---|---|
| NVIDIA 7.36% | MICRON TECHNOLOGY INC 7.89% |
| APPLE 6.15% | APPLE INC 6.15% |
| MICROSOFT 5.07% | NVIDIA CORP 5.99% |
| BLK CSH FND TREASURY SL AGENCY 2.91% | ALPHABET INC 5.18% |
| ALPHABET CLASS A 2.70% | ADVANCED MICRO DEVICES INC 5.14% |
| ALPHABET CLASS C 2.38% | ELI LILLY & COMPANY 3.86% |
| META PLATFORMS CLASS A 1.80% | MICROSOFT CORP 3.71% |
| EXXONMOBIL HOLDINGS CORP 1.74% | JP MORGAN CHASE & COMPANY 3.50% |
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 Jun 30, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| BALI | SCLZ | BALI | SCLZ | BALI | SCLZ | |
| 3 months | +4.0% | +2.9% | 2.0% | 2.1% | +1.8 pts | −3.6 pts |
| 6 months | +17.3% | +14.2% | 4.7% | 3.8% | −0.8 pts | +1.6 pts |
| 1 year | +18.5% | +13.2% | 8.5% | 8.4% | +2.0 pts | −14.0 pts |
| Since launch | +76.3% | +36.5% | 29.2% | 19.6% | −8.0 pts | −6.3 pts |
| BALI iShares U.S. Large Cap Premium Income Active ETF Covered call on SPY, paying monthly | SCLZ Swan Enhanced Dividend Income ETF Dividend stocks with call overlay on SCHD, paying monthly | |
|---|---|---|
| Issuer | iShares | Swan |
| Strategy | covered call | dividend stocks with call overlay |
| Benchmark | S&P 500 (SPY) | US dividend stocks (SCHD), used as the dividend proxy |
| Pays | monthly | monthly |
| Payout rate, annualized | 7.5% | 8.5% |
| Expense ratio | 0.35% | 0.79% |
| Cash paid, 1 year | 8.5% | 8.4% |
| Price change, 1 year | +9.2% | +4.1% |
| Total return, 1 year | +18.5% | +13.2% |
| Benchmark return, 1 year | +16.6% | +27.2% |
| Ahead or behind | +2.0 pts | −14.0 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 1086 days | 934 days |
| Net assets | $1.5bn | $20m |
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.
SCLZ in plain words
Over the year to Sep 18, 2026, SCLZ paid 8.4% of its starting value in cash distributions while its price rose 4.1%. With every distribution reinvested, the fund returned +13.2%. US dividend stocks (SCHD), used as the dividend proxy returned +27.2% over the same days, so a holder was behind by 14.0 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 8.5%, paid monthly.
Questions people ask
- Which paid more, BALI or SCLZ?
- Over the year to Sep 18, 2026, BALI paid 8.5% of its starting price in cash and SCLZ paid 8.4%, so BALI 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 SCLZ?
- With every distribution reinvested, BALI returned +18.5% and SCLZ returned +13.2% over the year to Sep 18, 2026, so BALI returned more.
- Which is cheaper, BALI or SCLZ?
- BALI charges 0.35% a year and SCLZ charges 0.79%, 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 SCLZ, data as of Sep 18, 2026. https://etfiq.com/compare/income/bali-vs-sclz Free to use with attribution; the underlying files are at Open data.