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Data as of .

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

BALQ and YLDE both write options for income.

iShares Nasdaq Premium Income Active ETF and Franklin ClearBridge Enhanced Income ETF.

8.5%BALQ cash paid, 1 year
7.6%YLDE cash paid, 1 year
+21.4%BALQ total return, 1 year
+10.5%YLDE 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
YLDE6 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%YLDE+10.5%7.6% of it arrived as cash6 pts behind SPYTotal return, distributions reinvestedSPY+16.6%YLDE+10.5%6 pts behind SPY

What they hold in common

By the books each fund has filed, BALQ and YLDE hold 16% of their money in the same securities at the same weight.

Positions BALQ and YLDE both hold, largest shared weight first
HoldingBALQYLDE
ALPHABET CLASS A3.44%3.60%
NVIDIA8.62%3.03%
MICROSOFT6.72%2.67%
BROADCOM INC2.99%2.25%
APPLE7.63%1.91%
META PLATFORMS CLASS A3.31%1.63%
COCA-COLA0.56%2.00%
PROCTER & GAMBLE0.47%0.52%
HOME DEPOT0.22%1.39%
UNION PACIFIC0.22%2.45%
Only in each
Only in BALQOnly in YLDE
MICRON TECHNOLOGY 5.06%WILLIAMS COMPANIES INC (THE) 4.63%
AMAZON.COM INC 4.76%EXXONMOBIL HOLDINGS CORP 4.05%
ADVANCED MICRO DEVICES 4.31%NESTLE' SA/AG 2.94%
ALPHABET CLASS C 3.09%AIR PRODUCTS AND CHEMICALS INC 2.83%
TESLA INC 2.73%APOLLO GLOBAL MANAGEMENT INC 2.78%
BLK CSH FND TREASURY SL AGENCY 2.70%UNILEVER PLC 2.64%
INTEL CORPORATION 2.62%PUBLIC STORAGE 2.59%
COSTCO WHOLESALE CORP 2.61%MARSH & MCLENNAN COMPANIES INC 2.52%

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 Jun 30, 2026 and Sep 18, 2026.

Performance, window by window

BALQ and YLDE over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
BALQYLDEBALQYLDEBALQYLDE
3 months−0.5%+2.5%2.8%2.3%+1.9 pts+0.3 pts
6 months+27.2%+8.4%6.5%4.1%+3.0 pts−9.6 pts
1 yearnot published+10.5%not published7.6%not published−6.0 pts
3 yearsnot published+51.1%not published16.8%not published−27.3 pts
Since launch+21.4%+181.4%8.5%42.1%+5.3 pts−86.6 pts
Open the live comparison on ETFIQ
BALQ and YLDE on the same fields, as of Sep 18, 2026. Source: ETFIQ.
BALQ
iShares Nasdaq Premium Income Active ETF
Covered call on QQQ, paying monthly
YLDE
Franklin ClearBridge Enhanced Income ETF
Covered call on SPY, paying monthly
IssueriSharesFranklin
Strategycovered callcovered call
BenchmarkNasdaq-100 (QQQ)S&P 500 (SPY), used as a default proxy
Paysmonthlymonthly
Payout rate, annualized8.9%7.0%
Expense ratio0.35%0.48%
Cash paid, 1 year8.5% (since launch on Dec 3, 2025)7.6%
Price change, 1 year+11.9%+2.6%
Total return, 1 year+21.4% (since launch on Dec 3, 2025)+10.5%
Benchmark return, 1 year+16.1%+16.6%
Ahead or behind+5.3 pts−6.0 pts
Return of capital, latest estimatenot publishednot published
Age289 days3405 days
Net assets$29m$170m

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.

YLDE in plain words

Over the year to Sep 18, 2026, YLDE paid 7.6% of its starting value in cash distributions while its price rose 2.6%. With every distribution reinvested, the fund returned +10.5%. S&P 500 (SPY), used as a default proxy returned +16.6% over the same days, so a holder was behind by 6.0 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 7.0%, paid monthly.

Questions people ask

Which is cheaper, BALQ or YLDE?
BALQ charges 0.35% a year and YLDE charges 0.48%, 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 YLDE, 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 YLDE, data as of Sep 18, 2026. https://etfiq.com/compare/income/balq-vs-ylde Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources