ARKK vs BALI
ARK Innovation ETF vs iShares US Large Cap Premium Income Active ETF
Which is better, ARKK or BALI?
Each has led over a different period.
BALI has a lower expense ratio. ARKK led over 3Y and the full window, BALI over 1Y. BALI is less concentrated, with 35.0% of the fund in its ten largest positions against 50.3%.
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 | ARKK | BALI |
|---|---|---|
| Expense Ratio | 0.75% | 0.35%Best |
| AUM | $7.9B | $1.5B |
| Dividend Yield | 0.00% | 7.81% |
| Holdings | 84 | 206 |
| YTD Return | +7.88% | +11.92%Best |
| 1Y Return | -2.74% | +15.74%Best |
| 3Y Return (annualized) | +29.97%Best | +19.08% |
| 5Y Return (annualized) | -5.92% | - |
| Volatility (annualized) | 40.2% | 10.2%Best |
| Max Drawdown | -39.6% | -16.6%Best |
| $10,000 over 3 years | $21,352Best | $17,073 |
| Top 10 Weight | 50.3% | 35.0%Best |
| Fund Family | Ark Invest | BlackRock, Inc. (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Oct 31, 2014 | 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).
ARKK 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.
ARKK vs BALI Performance
ARK Innovation ETF (ARKK) is an ETF from Ark Invest and iShares US Large Cap Premium Income Active ETF (BALI) is an ETF from BlackRock, Inc. (US). Over the past year ARKK returned -2.74% while BALI returned +15.74%. Year to date, ARKK is up 7.88% versus a gain of 11.92% for BALI.
Over three years, ARKK compounded at +29.97% per year against +19.08% for BALI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ARKK has been the more volatile fund, with annualized monthly volatility of 40.2% 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 -39.6% for ARKK 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 0.68. They move together some of the time, and apart the rest.
Fees and Cost Over Time
ARKK 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, ARKK currently yields 0.00% against 7.81% for BALI.
Holdings Overlap
31.2% of ARKK's money is in holdings BALI also owns. 20.9% of BALI's money is in holdings ARKK also owns.
The two portfolios partly overlap.
12 positions in common, counted across the 41 positions we hold weights for in ARKK and 211 in BALI, against full books of 84 and 206.
What only one of them owns
Our book lists 195 positions for BALI that do not appear in our book for ARKK (77.5% of the fund), and 26 for ARKK that do not appear in BALI (61.7%).
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 ARKK | Weight in BALI | Difference |
|---|---|---|---|
| NVDANvidia Corp | 3.47% | 7.35% | 3.88% |
| TSLATesla Inc | 8.78% | 1.16% | 7.62% |
| AMZNAmazon.Com Inc | 2.36% | 3.40% | 1.04% |
| METAMeta Platforms Inc | 2.85% | 1.52% | 1.33% |
| AMDAdvanced Micro Devices Inc | 3.09% | 1.04% | 2.05% |
| AVGOBroadcom Inc | 1.74% | 2.25% | 0.51% |
| GOOGAlphabet Inc. C | 1.40% | 2.32% | 0.92% |
| SHOP:CAShopify Inc | 2.87% | 0.02% | 2.85% |
| PLTRPalantir Technologies Inc | 2.23% | 0.58% | 1.65% |
| LLYEli Lilly & Co. | 0.46% | 1.05% | 0.59% |
31.2% of ARKK 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, ARKK or BALI?
ARKK 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, ARKK or BALI?
Over the past year ARKK returned -2.74% 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, ARKK or BALI?
ARKK has been the more volatile fund at 40.2% annualized versus 10.2% for BALI. Worst drawdown: ARKK -39.6% vs BALI -16.6%.
Should I hold both ARKK and BALI?
ARKK and BALI have a monthly-return correlation of 0.68, 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 ARKK and BALI?
31.2% of ARKK's money is in holdings BALI also owns. 20.9% of BALI's is in holdings ARKK also owns. They hold 12 positions in common, counted across the 41 positions we hold weights for in ARKK and 211 in BALI.
Which pays a higher dividend, ARKK or BALI?
ARKK yields 0.00% while BALI yields 7.81%, so BALI currently pays the higher dividend yield.
Is BALI better than ARKK?
BALI has a lower expense ratio. ARKK led over 3Y and the full window, BALI over 1Y. BALI is less concentrated, with 35.0% of the fund in its ten largest positions against 50.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.