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Data as of .

BALQ vs DDDD: which paid, and which earned it?

BALQ and DDDD both write options for income.

iShares Nasdaq Premium Income Active ETF and YieldMax(R) U.S. Stocks Target Double Distribution ETF.

8.5%BALQ cash paid, 1 year
1.6%DDDD cash paid, 1 year
+21.4%BALQ total return, 1 year
+8.7%DDDD total return, 1 year
BALQ5.3 pts ahead of QQQ · since launch to Sep 18, 2026
QQQ+16.1%BALQ+21.4%8.5% of it arrived as cash5.3 pts ahead of QQQTotal return, distributions reinvestedQQQ+16.1%BALQ+21.4%5.3 pts ahead of QQQ
DDDD6.5 pts behind SPY · since launch to Sep 18, 2026
SPY+15.3%DDDD+8.7%6.5 pts behind SPYTotal return, distributions reinvestedSPY+15.3%DDDD+8.7%6.5 pts behind SPY

What they hold in common

By the books each fund has filed, BALQ and DDDD hold 5% of their money in the same securities at the same weight.

Positions BALQ and DDDD both hold, largest shared weight first
HoldingBALQDDDD
LOCKHEED MARTIN CORP0.83%2.74%
CHEVRON0.72%4.25%
COCA-COLA0.56%4.30%
VERIZON COMMUNICATIONS INC0.52%3.96%
PROCTER & GAMBLE0.47%4.01%
ABBOTT LABORATORIES0.33%4.53%
MERCK & CO INC0.29%4.93%
UNITEDHEALTH GROUP INC0.29%3.84%
BEST BUY0.23%0.46%
ALTRIA GROUP INC0.22%2.94%
HOME DEPOT0.22%3.68%
Only in each
Only in BALQOnly in DDDD
NVIDIA 8.62%Amgen Inc 4.38%
APPLE 7.63%ConocoPhillips 4.07%
MICROSOFT 6.72%PepsiCo Inc 3.50%
MICRON TECHNOLOGY 5.06%Texas Instruments Inc 3.32%
AMAZON.COM INC 4.76%Bristol-Myers Squibb Co 3.27%
ADVANCED MICRO DEVICES 4.31%Accenture PLC 2.81%
ALPHABET CLASS A 3.44%Automatic Data Processing Inc 2.78%
META PLATFORMS CLASS A 3.31%QUALCOMM Inc 2.73%

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 21, 2026.

Performance, window by window

BALQ and DDDD over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
BALQDDDDBALQDDDDBALQDDDD
3 months−0.5%+4.9%2.8%1.6%+1.9 pts+2.6 pts
6 months+27.2%+10.5%6.5%1.7%+3.0 pts−7.6 pts
Since launch+21.4%+8.7%8.5%1.6%+5.3 pts−6.5 pts
Open the live comparison on ETFIQ
BALQ and DDDD on the same fields, as of Sep 18, 2026. Source: ETFIQ.
BALQ
iShares Nasdaq Premium Income Active ETF
Covered call on QQQ, paying monthly
DDDD
YieldMax(R) U.S. Stocks Target Double Distribution ETF
Synthetic covered call on SPY
IssueriSharesYieldMax
Strategycovered callsynthetic covered call
BenchmarkNasdaq-100 (QQQ)S&P 500 (SPY)
Paysmonthlynot established
Payout rate, annualized8.9%18.4%
Expense ratio0.35%1.01%
Cash paid, 1 year8.5% (since launch on Dec 3, 2025)1.6% (since launch on Mar 12, 2026)
Price change, 1 year+11.9%+7.0%
Total return, 1 year+21.4% (since launch on Dec 3, 2025)+8.7% (since launch on Mar 12, 2026)
Benchmark return, 1 year+16.1%+15.3%
Ahead or behind+5.3 pts−6.5 pts
Return of capital, latest estimatenot published67%
Age289 days190 days
Net assets$29m$7m

BALQ in plain words

Over the period since launch on Dec 3, 2025 to Sep 18, 2026, BALQ paid 8.5% of its starting value in cash distributions while its price rose 11.9%. With every distribution reinvested, the fund returned +21.4%. Nasdaq-100 (QQQ) returned +16.1% over the same days, so a holder was ahead by 5.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 8.9%, paid monthly.

DDDD in plain words

Over the period since launch on Mar 12, 2026 to Sep 18, 2026, DDDD paid 1.6% of its starting value in cash distributions while its price rose 7.0%. With every distribution reinvested, the fund returned +8.7%. S&P 500 (SPY) returned +15.3% over the same days, so a holder was behind by 6.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 18.4%, paid periodically. YieldMax estimates that 67% of the distribution paid Jul 6, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

Questions people ask

Which is cheaper, BALQ or DDDD?
BALQ charges 0.35% a year and DDDD charges 1.01%, so BALQ 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.

BALQ against DDDD, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, BALQ against DDDD, data as of Sep 18, 2026. https://etfiq.com/compare/income/balq-vs-dddd Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources