Data as of .
BALQ vs GRNI: which paid, and which earned it?
BALQ and GRNI both write options for income.
What they hold in common
By the books each fund has filed, BALQ and GRNI hold 31% of their money in the same securities at the same weight.
| Holding | BALQ | GRNI |
|---|---|---|
| ADVANCED MICRO DEVICES | 4.31% | 4.11% |
| AMAZON.COM INC | 4.76% | 2.99% |
| ALPHABET CLASS A | 3.44% | 2.96% |
| BROADCOM INC | 2.99% | 2.90% |
| NVIDIA | 8.62% | 2.46% |
| APPLE | 7.63% | 2.39% |
| MICROSOFT | 6.72% | 2.37% |
| COSTCO WHOLESALE CORP | 2.61% | 2.37% |
| META PLATFORMS CLASS A | 3.31% | 2.23% |
| TESLA INC | 2.73% | 2.14% |
| PALANTIR TECHNOLOGIES CLASS A | 1.96% | 2.36% |
| CHEVRON | 0.72% | 2.46% |
| Only in BALQ | Only in GRNI |
|---|---|
| MICRON TECHNOLOGY 5.06% | Quanta Services Inc 3.23% |
| ALPHABET CLASS C 3.09% | GE Vernova Inc 3.08% |
| BLK CSH FND TREASURY SL AGENCY 2.70% | Netflix Inc 2.79% |
| INTEL CORPORATION 2.62% | KLA Corp 2.75% |
| WALMART INC 2.36% | Eaton Corp PLC 2.64% |
| CISCO SYSTEMS INC 2.15% | Bank of New York Mellon Corp/T 2.61% |
| LAM RESEARCH 1.94% | ONEOK Inc 2.49% |
| APPLIED MATERIAL INC 1.90% | Air Products and Chemicals Inc 2.48% |
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 Apr 30, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| BALQ | GRNI | BALQ | GRNI | BALQ | GRNI | |
| 3 months | −0.5% | +2.1% | 2.8% | 2.5% | +1.9 pts | −0.2 pts |
| 6 months | +27.2% | +16.3% | 6.5% | 5.4% | +3.0 pts | −1.8 pts |
| Since launch | +21.4% | +14.5% | 8.5% | 7.8% | +5.3 pts | −2.1 pts |
| BALQ iShares Nasdaq Premium Income Active ETF Covered call on QQQ, paying monthly | GRNI Fundstrat Granny Shots US Large Cap & Income ETF Option income on SPY, paying monthly | |
|---|---|---|
| Issuer | iShares | Fundstrat |
| Strategy | covered call | option income |
| Benchmark | Nasdaq-100 (QQQ) | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 8.9% | 10.0% |
| Expense ratio | 0.35% | 0.99% |
| Cash paid, 1 year | 8.5% (since launch on Dec 3, 2025) | 7.8% (since launch on Nov 18, 2025) |
| Price change, 1 year | +11.9% | +6.2% |
| Total return, 1 year | +21.4% (since launch on Dec 3, 2025) | +14.5% (since launch on Nov 18, 2025) |
| Benchmark return, 1 year | +16.1% | +16.6% |
| Ahead or behind | +5.3 pts | −2.1 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 289 days | 304 days |
| Net assets | $29m | $49m |
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.
GRNI in plain words
Over the period since launch on Nov 18, 2025 to Sep 18, 2026, GRNI paid 7.8% of its starting value in cash distributions while its price rose 6.2%. With every distribution reinvested, the fund returned +14.5%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 2.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 10.0%, paid monthly.
Questions people ask
- Which is cheaper, BALQ or GRNI?
- BALQ charges 0.35% a year and GRNI charges 0.99%, 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.
Cite this page. ETFIQ, BALQ against GRNI, data as of Sep 18, 2026. https://etfiq.com/compare/income/balq-vs-grni Free to use with attribution; the underlying files are at Open data.