ARKW vs BALI
ARK Next Generation Technology ETF vs iShares US Large Cap Premium Income Active ETF
Which is better, ARKW or BALI?
Each has led over a different period.
BALI has a lower expense ratio. ARKW 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 44.6%.
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 | ARKW | BALI |
|---|---|---|
| Expense Ratio | 0.76% | 0.35%Best |
| AUM | $2.0B | $1.5B |
| Dividend Yield | 1.47% | 7.81% |
| Holdings | 88 | 206 |
| YTD Return | +7.08% | +11.92%Best |
| 1Y Return | -5.81% | +15.74%Best |
| 3Y Return (annualized) | +44.31%Best | +19.08% |
| 5Y Return (annualized) | +2.38% | - |
| Volatility (annualized) | 36.9% | 10.2%Best |
| Max Drawdown | -36.2% | -16.6%Best |
| $10,000 over 3 years | $29,835Best | $17,073 |
| Top 10 Weight | 44.6% | 35.0%Best |
| Fund Family | Ark Invest | BlackRock, Inc. (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Sep 30, 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).
ARKW 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.
ARKW vs BALI Performance
ARK Next Generation Technology ETF (ARKW) 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 ARKW returned -5.81% while BALI returned +15.74%. Year to date, ARKW is up 7.08% versus a gain of 11.92% for BALI.
Over three years, ARKW compounded at +44.31% per year against +19.08% for BALI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ARKW has been the more volatile fund, with annualized monthly volatility of 36.9% 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 -36.2% for ARKW 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 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ARKW charges 0.76% per year while BALI charges 0.35%. On a $10,000 position that is $76 vs $35 annually, a gap of $41 per year that compounds over a long holding period. On income, ARKW currently yields 1.47% against 7.81% for BALI.
Holdings Overlap
48.3% of ARKW's money is in holdings BALI also owns. 21.6% of BALI's money is in holdings ARKW also owns.
The two portfolios partly overlap.
18 positions in common, counted across the 40 positions we hold weights for in ARKW and 211 in BALI, against full books of 88 and 206.
What only one of them owns
Our book lists 189 positions for BALI that do not appear in our book for ARKW (76.9% of the fund), and 19 for ARKW that do not appear in BALI (45.4%).
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 ARKW | Weight in BALI | Difference |
|---|---|---|---|
| NVDANvidia Corp | 4.34% | 7.35% | 3.01% |
| TSLATesla Inc | 7.27% | 1.16% | 6.11% |
| AMZNAmazon.Com Inc | 3.62% | 3.40% | 0.22% |
| METAMeta Platforms Inc | 4.26% | 1.52% | 2.74% |
| GOOGAlphabet Inc. C | 3.31% | 2.32% | 0.99% |
| AVGOBroadcom Inc | 2.59% | 2.25% | 0.34% |
| AMDAdvanced Micro Devices Inc | 3.11% | 1.04% | 2.07% |
| SHOP:CAShopify Inc | 4.07% | 0.02% | 4.05% |
| PLTRPalantir Technologies Inc | 2.73% | 0.58% | 2.15% |
| DDOGDatadog Inc | 2.50% | 0.18% | 2.32% |
48.3% of ARKW 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.
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Frequently Asked Questions
Which is cheaper, ARKW or BALI?
ARKW has an expense ratio of 0.76% while BALI charges 0.35%. BALI is the cheaper option, by $41 a year on a $10,000 investment.
Which performed better, ARKW or BALI?
Over the past year ARKW returned -5.81% 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, ARKW or BALI?
ARKW has been the more volatile fund at 36.9% annualized versus 10.2% for BALI. Worst drawdown: ARKW -36.2% vs BALI -16.6%.
Should I hold both ARKW and BALI?
ARKW and BALI have a monthly-return correlation of 0.71, 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 ARKW and BALI?
48.3% of ARKW's money is in holdings BALI also owns. 21.6% of BALI's is in holdings ARKW also owns. They hold 18 positions in common, counted across the 40 positions we hold weights for in ARKW and 211 in BALI.
Which pays a higher dividend, ARKW or BALI?
ARKW yields 1.47% while BALI yields 7.81%, so BALI currently pays the higher dividend yield.
Is BALI better than ARKW?
BALI has a lower expense ratio. ARKW 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 44.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.