ADME vs BALI
Aptus Drawdown Managed Equity ETF vs iShares US Large Cap Premium Income Active ETF
Which is better, ADME or BALI?
Nearly the same fund. BALI costs less.
BALI has a lower expense ratio. BALI led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.98. BALI is less concentrated, with 35.0% of the fund in its ten largest positions against 40.3%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ADME | BALI |
|---|---|---|
| Expense Ratio | 0.79% | 0.35%Best |
| AUM | $313M | $1.5B |
| Dividend Yield | 0.36% | 7.81% |
| Holdings | 167 | 206 |
| YTD Return | +9.94% | +11.92%Best |
| 1Y Return | +10.86% | +15.74%Best |
| 3Y Return (annualized) | +16.81% | +19.08%Best |
| 5Y Return (annualized) | +7.38% | - |
| Volatility (annualized) | 11.1% | 10.2%Best |
| Max Drawdown | -15.7%Best | -16.6% |
| $10,000 over 3 years | $16,103 | $17,073Best |
| Top 10 Weight | 40.3% | 35.0%Best |
| Fund Family | Aptus ETFs | BlackRock, Inc. (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Jun 8, 2016 | Sep 26, 2023 |
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Sep 28, 2023 to Oct 14, 2026 (3 years).
ADME vs BALI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3 years both funds cover.
ADME vs BALI Performance
Aptus Drawdown Managed Equity ETF (ADME) is an ETF from Aptus ETFs and iShares US Large Cap Premium Income Active ETF (BALI) is an ETF from BlackRock, Inc. (US). Over the past year ADME returned +10.86% while BALI returned +15.74%. Year to date, ADME is up 9.94% versus a gain of 11.92% for BALI.
Over three years, ADME compounded at +16.81% per year against +19.08% for BALI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ADME has been the more volatile fund, with annualized monthly volatility of 11.1% compared with 10.2% for BALI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -15.7% for ADME and -16.6% for BALI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
ADME charges 0.79% per year while BALI charges 0.35%. On a $10,000 position that is $79 vs $35 annually, a gap of $44 per year that compounds over a long holding period. On income, ADME currently yields 0.36% against 7.81% for BALI.
Holdings Overlap
69.9% of ADME's money is in holdings BALI also owns. 71.9% of BALI's money is in holdings ADME also owns.
Most of BALI is already inside ADME. Owning both mostly buys the same companies twice.
73 positions in common, counted across the 164 positions we hold weights for in ADME and 211 in BALI, against full books of 167 and 206.
What only one of them owns
Our book lists 133 positions for BALI that do not appear in our book for ADME (26.5% of the fund), and 90 for ADME that do not appear in BALI (28.9%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in ADME | Weight in BALI | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.85% | 7.35% | 0.50% |
| AAPLApple, Inc | 7.44% | 5.76% | 1.68% |
| MSFTMicrosoft Corp | 5.70% | 5.39% | 0.31% |
| GOOGAlphabet Inc. C | 5.56% | 2.32% | 3.24% |
| AMZNAmazon.Com Inc | 3.74% | 3.40% | 0.34% |
| AVGOBroadcom Inc | 2.47% | 2.25% | 0.22% |
| METAMeta Platforms Inc | 2.26% | 1.52% | 0.74% |
| VVisa Inc Class A | 1.88% | 1.52% | 0.36% |
| XOMExxonmobil Corp. | 1.52% | 1.64% | 0.12% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 1.48% | 1.51% | 0.03% |
71.9% of BALI is already inside ADME.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ADME or BALI?
ADME has an expense ratio of 0.79% while BALI charges 0.35%. BALI is the cheaper option, by $44 a year on a $10,000 investment.
Which performed better, ADME or BALI?
Over the past year ADME returned +10.86% vs +15.74% for BALI, so BALI leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ADME or BALI?
ADME has been the more volatile fund at 11.1% annualized versus 10.2% for BALI. Worst drawdown: ADME -15.7% vs BALI -16.6%.
Should I hold both ADME and BALI?
ADME and BALI have a monthly-return correlation of 0.98, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between ADME and BALI?
71.9% of BALI's money is in holdings ADME also owns. 71.9% of BALI's is in holdings ADME also owns. They hold 73 positions in common, counted across the 164 positions we hold weights for in ADME and 211 in BALI.
Which pays a higher dividend, ADME or BALI?
ADME yields 0.36% while BALI yields 7.81%, so BALI currently pays the higher dividend yield.
Is BALI better than ADME?
BALI has a lower expense ratio. BALI led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.98. BALI is less concentrated, with 35.0% of the fund in its ten largest positions against 40.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.