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Data as of .

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

BALQ and XYLG both write options for income.

iShares Nasdaq Premium Income Active ETF and Global X S&P 500 Covered Call & Growth ETF.

8.5%BALQ cash paid, 1 year
13.2%XYLG cash paid, 1 year
+21.4%BALQ total return, 1 year
+17.2%XYLG 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
XYLG0.7 pts ahead of SPY · 1 year to Sep 18, 2026
SPY+16.6%XYLG+17.2%13.2% of it arrived as cash0.7 pts ahead of SPYTotal return, distributions reinvestedSPY+16.6%XYLG+17.2%13.2% cash0.7 pts ahead of SPY

What they hold in common

By the books each fund has filed, BALQ and XYLG hold 54% of their money in the same securities at the same weight.

Positions BALQ and XYLG both hold, largest shared weight first
HoldingBALQXYLG
NVIDIA8.62%8.20%
APPLE7.63%7.50%
MICROSOFT6.72%5.59%
AMAZON.COM INC4.76%3.81%
ALPHABET CLASS A3.44%3.12%
BROADCOM INC2.99%2.59%
ALPHABET CLASS C3.09%2.48%
META PLATFORMS CLASS A3.31%2.24%
MICRON TECHNOLOGY5.06%1.75%
TESLA INC2.73%1.57%
ADVANCED MICRO DEVICES4.31%1.40%
INTEL CORPORATION2.62%0.82%
Only in each
Only in BALQOnly in XYLG
BLK CSH FND TREASURY SL AGENCY 2.70%BERKSHIRE HATHAWAY INC-CL B 1.45%
CASH COLLATERAL MSFUT USD 1.46%JPMORGAN CHASE & CO 1.42%
SPACE EXPLORATION TECHNOLOGIES COR 0.82%ELI LILLY & CO 1.41%
SS AND C TECHNOLOGIES HOLDINGS 0.59%EXXONMOBIL HOLDINGS CORP 1.03%
ZSCALER 0.45%JOHNSON & JOHNSON 1.00%
ASTERA LABS 0.36%VISA INC-CLASS A SHARES 0.96%
LIBERTY MEDIA SERIES C 0.35%MASTERCARD INC - A 0.70%
SENTINELONE INC CLASS A 0.34%BANK OF AMERICA CORP 0.58%

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 XYLG over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
BALQXYLGBALQXYLGBALQXYLG
3 months−0.5%+3.6%2.8%1.3%+1.9 pts+1.3 pts
6 months+27.2%+15.7%6.5%3.0%+3.0 pts−2.3 pts
1 yearnot published+17.2%not published13.2%not published+0.7 pts
3 yearsnot published+60.9%not published43.0%not published−17.5 pts
Since launch+21.4%+114.0%8.5%69.0%+5.3 pts−38.7 pts
Open the live comparison on ETFIQ
BALQ and XYLG on the same fields, as of Sep 18, 2026. Source: ETFIQ.
BALQ
iShares Nasdaq Premium Income Active ETF
Covered call on QQQ, paying monthly
XYLG
Global X S&P 500 Covered Call & Growth ETF
Covered call on SPY, paying monthly
IssueriSharesGlobal X
Strategycovered callcovered call
BenchmarkNasdaq-100 (QQQ)S&P 500 (SPY)
Paysmonthlymonthly
Payout rate, annualized8.9%4.4%
Expense ratio0.35%0.35%
Cash paid, 1 year8.5% (since launch on Dec 3, 2025)13.2%
Price change, 1 year+11.9%+2.6%
Total return, 1 year+21.4% (since launch on Dec 3, 2025)+17.2%
Benchmark return, 1 year+16.1%+16.6%
Ahead or behind+5.3 pts+0.7 pts
Return of capital, latest estimatenot published80%
Age289 days2188 days
Net assets$29m$65m

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.

XYLG in plain words

Over the year to Sep 18, 2026, XYLG paid 13.2% of its starting value in cash distributions while its price rose 2.6%. With every distribution reinvested, the fund returned +17.2%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was ahead by 0.7 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 4.4%, paid monthly. Global X estimates that 80% of the distribution paid Aug 27, 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 XYLG?
BALQ charges 0.35% a year and XYLG charges 0.35%, 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 XYLG, 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 XYLG, data as of Sep 18, 2026. https://etfiq.com/compare/income/balq-vs-xylg Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources