AMOM vs BALI
Qraft AI-Enhanced US Large Cap Momentum ETF vs iShares US Large Cap Premium Income Active ETF
Which is better, AMOM or BALI?
AMOM has been ahead.
BALI has a lower expense ratio. AMOM led over 1Y, 3Y and the full window. BALI is less concentrated, with 35.0% of the fund in its ten largest positions against 36.9%.
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 | AMOM | BALI |
|---|---|---|
| Expense Ratio | 0.75% | 0.35%Best |
| AUM | $23M | $1.5B |
| Dividend Yield | 0.00% | 7.81% |
| Holdings | 102 | 206 |
| YTD Return | +18.56%Best | +12.08% |
| 1Y Return | +18.62%Best | +15.80% |
| 3Y Return (annualized) | +24.41%Best | +19.11% |
| 5Y Return (annualized) | +10.70% | - |
| Volatility (annualized) | 21.9% | 10.2%Best |
| Max Drawdown | -30.3% | -16.6%Best |
| $10,000 over 3 years | $19,620Best | $17,091 |
| Top 10 Weight | 36.9% | 35.0%Best |
| Fund Family | QRAFT AI ETFs | BlackRock, Inc. (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | May 20, 2019 | 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 15, 2026 (3 years).
AMOM 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.
AMOM vs BALI Performance
Qraft AI-Enhanced US Large Cap Momentum ETF (AMOM) is an ETF from QRAFT AI ETFs and iShares US Large Cap Premium Income Active ETF (BALI) is an ETF from BlackRock, Inc. (US). Over the past year AMOM returned +18.62% while BALI returned +15.80%. Year to date, AMOM is up 18.56% versus a gain of 12.08% for BALI.
Over three years, AMOM compounded at +24.41% per year against +19.11% for BALI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AMOM has been the more volatile fund, with annualized monthly volatility of 21.9% 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 -30.3% for AMOM 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 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AMOM charges 0.75% per year while BALI charges 0.35%. On a $10,000 position that is $75 vs $35 annually, a gap of $40 per year that compounds over a long holding period. On income, AMOM currently yields 0.00% against 7.81% for BALI.
Holdings Overlap
63.0% of AMOM's money is in holdings BALI also owns. 21.0% of BALI's money is in holdings AMOM also owns.
The two portfolios partly overlap.
25 positions in common, counted across the 50 positions we hold weights for in AMOM and 211 in BALI, against full books of 102 and 206.
What only one of them owns
Our book lists 181 positions for BALI that do not appear in our book for AMOM (77.4% of the fund), and 25 for AMOM that do not appear in BALI (36.5%).
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 AMOM | Weight in BALI | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.55% | 7.35% | 1.20% |
| AVGOBroadcom Inc | 3.89% | 2.25% | 1.64% |
| MUMicron Technology, Inc. | 3.23% | 1.34% | 1.89% |
| AMDAdvanced Micro Devices Inc | 3.12% | 1.04% | 2.08% |
| CATCaterpillar, Inc. | 3.23% | 0.84% | 2.39% |
| CSCOCisco Systems Inc. - Ordinary Shares | 3.29% | 0.76% | 2.53% |
| PLTRPalantir Technologies Inc | 3.12% | 0.58% | 2.54% |
| PANWPalo Alto Networks, Inc | 2.93% | 0.48% | 2.45% |
| CRWDCrowdstrike Holdings Inc | 2.82% | 0.34% | 2.48% |
| SNDKVSandisk Corp. | 2.64% | 0.38% | 2.26% |
63.0% of AMOM is already inside BALI.
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, AMOM or BALI?
AMOM has an expense ratio of 0.75% while BALI charges 0.35%. BALI is the cheaper option, by $40 a year on a $10,000 investment.
Which performed better, AMOM or BALI?
Over the past year AMOM returned +18.62% vs +15.80% for BALI, so AMOM leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AMOM or BALI?
AMOM has been the more volatile fund at 21.9% annualized versus 10.2% for BALI. Worst drawdown: AMOM -30.3% vs BALI -16.6%.
Should I hold both AMOM and BALI?
AMOM and BALI have a monthly-return correlation of 0.74, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between AMOM and BALI?
63.0% of AMOM's money is in holdings BALI also owns. 21.0% of BALI's is in holdings AMOM also owns. They hold 25 positions in common, counted across the 50 positions we hold weights for in AMOM and 211 in BALI.
Which pays a higher dividend, AMOM or BALI?
AMOM yields 0.00% while BALI yields 7.81%, so BALI currently pays the higher dividend yield.
Is BALI better than AMOM?
BALI has a lower expense ratio. AMOM led over 1Y, 3Y and the full window. BALI is less concentrated, with 35.0% of the fund in its ten largest positions against 36.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.