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Data as of .

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

BALQ and QDTE both write options for income.

iShares Nasdaq Premium Income Active ETF and Roundhill Innovation-100 0DTE Covered Call Strategy ETF.

8.5%BALQ cash paid, 1 year
36.1%QDTE cash paid, 1 year
+21.4%BALQ total return, 1 year
+21.1%QDTE 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
QDTE0.7 pts behind QQQ · 1 year to Sep 18, 2026
QQQ+21.8%QDTE+21.1%36.1% of it arrived as cash0.7 pts behind QQQTotal return, distributions reinvestedQQQ+21.8%QDTE+21.1%36.1% as cash0.7 pts behind QQQ

What they hold in common

By the books each fund has filed, BALQ and QDTE hold 0% of their money in the same securities at the same weight.

Only in each
Only in BALQOnly in QDTE
NVIDIA 8.62%NDX 03/19/2027 2510.15 C 25.90%
APPLE 7.63%QQQ 11/19/2027 70.11 C 24.77%
MICROSOFT 6.72%NDX 06/11/2027 3059.42 C 22.64%
MICRON TECHNOLOGY 5.06%QQQ 09/17/2027 70.69 C 17.82%
AMAZON.COM INC 4.76%Roundhill Weekly T-Bill ETF 4.97%
ADVANCED MICRO DEVICES 4.31%First American Government Obligations Fund 12/01/2031 3.90%
ALPHABET CLASS A 3.44%
META PLATFORMS CLASS A 3.31%

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.

Performance, window by window

BALQ and QDTE over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
BALQQDTEBALQQDTEBALQQDTE
3 months−0.5%−0.9%2.8%7.6%+1.9 pts+1.6 pts
6 months+27.2%+19.7%6.5%16.2%+3.0 pts−4.5 pts
1 yearnot published+21.1%not published36.1%not published−0.7 pts
Since launch+21.4%+59.9%8.5%74.1%+5.3 pts−4.3 pts
Open the live comparison on ETFIQ
BALQ and QDTE on the same fields, as of Sep 18, 2026. Source: ETFIQ.
BALQ
iShares Nasdaq Premium Income Active ETF
Covered call on QQQ, paying monthly
QDTE
Roundhill Innovation-100 0DTE Covered Call Strategy ETF
0DTE covered call on QQQ, paying weekly
IssueriSharesRoundhill
Strategycovered call0DTE covered call
BenchmarkNasdaq-100 (QQQ)Nasdaq-100 (QQQ)
Paysmonthlyweekly
Payout rate, annualized8.9%20.8%
Expense ratio0.35%0.96%
Cash paid, 1 year8.5% (since launch on Dec 3, 2025)36.1%
Price change, 1 year+11.9%−19.2%
Total return, 1 year+21.4% (since launch on Dec 3, 2025)+21.1%
Benchmark return, 1 year+16.1%+21.8%
Ahead or behind+5.3 pts−0.7 pts
Return of capital, latest estimatenot publishednot published
Age289 days925 days
Net assets$29m$967m

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.

QDTE in plain words

Over the year to Sep 18, 2026, QDTE paid 36.1% of its starting value in cash distributions while its price fell 19.2%. With every distribution reinvested, the fund returned +21.1%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was behind by 0.7 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 20.8%, paid weekly.

Questions people ask

Which is cheaper, BALQ or QDTE?
BALQ charges 0.35% a year and QDTE charges 0.96%, 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 QDTE, 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 QDTE, data as of Sep 18, 2026. https://etfiq.com/compare/income/balq-vs-qdte Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources