Data as of .
BALQ vs ISPY: which paid, and which earned it?
BALQ and ISPY both write options for income.
What they hold in common
By the books each fund has filed, BALQ and ISPY hold 13% of their money in the same securities at the same weight.
| Holding | BALQ | ISPY |
|---|---|---|
| AMAZON.COM INC | 4.76% | 3.64% |
| BROADCOM INC | 2.99% | 2.92% |
| TESLA INC | 2.73% | 1.69% |
| WALMART INC | 2.36% | 0.70% |
| CISCO SYSTEMS INC | 2.15% | 0.66% |
| COSTCO WHOLESALE CORP | 2.61% | 0.58% |
| MORGAN STANLEY | 0.33% | 0.34% |
| CATERPILLAR INC | 0.29% | 0.56% |
| MERCK & CO INC | 0.29% | 0.41% |
| UNITEDHEALTH GROUP INC | 0.29% | 0.47% |
| VERIZON COMMUNICATIONS INC | 0.52% | 0.28% |
| MCDONALDS CORP | 0.30% | 0.27% |
| Only in BALQ | Only in ISPY |
|---|---|
| NVIDIA 8.62% | ProShares GENIUS Money Market ETF 10.56% |
| APPLE 7.63% | NVIDIA Corp. 7.07% |
| MICROSOFT 6.72% | Apple, Inc. 6.31% |
| MICRON TECHNOLOGY 5.06% | Microsoft Corp. 4.60% |
| ADVANCED MICRO DEVICES 4.31% | Alphabet, Inc. 3.05% |
| ALPHABET CLASS A 3.44% | Alphabet, Inc. 2.42% |
| META PLATFORMS CLASS A 3.31% | Meta Platforms, Inc. 1.91% |
| ALPHABET CLASS C 3.09% | Micron Technology, Inc. 1.50% |
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 May 31, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| BALQ | ISPY | BALQ | ISPY | BALQ | ISPY | |
| 3 months | −0.5% | +1.4% | 2.8% | 1.5% | +1.9 pts | −0.8 pts |
| 6 months | +27.2% | +14.7% | 6.5% | 3.6% | +3.0 pts | −3.3 pts |
| 1 year | not published | +13.5% | not published | 5.6% | not published | −3.1 pts |
| Since launch | +21.4% | +53.4% | 8.5% | 25.8% | +5.3 pts | −14.5 pts |
| BALQ iShares Nasdaq Premium Income Active ETF Covered call on QQQ, paying monthly | ISPY ProShares S&P 500 High Income ETF Option income on SPY, paying monthly | |
|---|---|---|
| Issuer | iShares | ProShares |
| Strategy | covered call | option income |
| Benchmark | Nasdaq-100 (QQQ) | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 8.9% | 5.8% |
| Expense ratio | 0.35% | 0.56% |
| Cash paid, 1 year | 8.5% (since launch on Dec 3, 2025) | 5.6% |
| Price change, 1 year | +11.9% | +7.6% |
| Total return, 1 year | +21.4% (since launch on Dec 3, 2025) | +13.5% |
| Benchmark return, 1 year | +16.1% | +16.6% |
| Ahead or behind | +5.3 pts | −3.1 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 289 days | 1003 days |
| Net assets | $29m | $1.2bn |
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.
ISPY in plain words
Over the year to Sep 18, 2026, ISPY paid 5.6% of its starting value in cash distributions while its price rose 7.6%. With every distribution reinvested, the fund returned +13.5%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 3.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 5.8%, paid monthly.
Questions people ask
- Which is cheaper, BALQ or ISPY?
- BALQ charges 0.35% a year and ISPY charges 0.56%, 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 ISPY, data as of Sep 18, 2026. https://etfiq.com/compare/income/balq-vs-ispy Free to use with attribution; the underlying files are at Open data.