BALI vs MILN
iShares US Large Cap Premium Income Active ETF vs Global X Millennial Consumer ETF
Which is better, BALI or MILN?
BALI has been ahead.
BALI has a lower expense ratio. BALI led over 1Y, 3Y and the full window. MILN is less concentrated, with 33.8% of the fund in its ten largest positions against 35.0%.
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 | BALI | MILN |
|---|---|---|
| Expense Ratio | 0.35%Best | 0.50% |
| AUM | $1.5B | $89M |
| Dividend Yield | 7.81% | 0.33% |
| Holdings | 206 | 164 |
| YTD Return | +11.92%Best | -7.25% |
| 1Y Return | +15.74%Best | -10.86% |
| 3Y Return (annualized) | +19.08%Best | +12.75% |
| 5Y Return (annualized) | - | -0.22% |
| Volatility (annualized) | 10.2%Best | 17.7% |
| Max Drawdown | -16.6%Best | -23.5% |
| $10,000 over 3 years | $17,073Best | $14,356 |
| Top 10 Weight | 35.0% | 33.8%Best |
| Fund Family | BlackRock, Inc. (US) | Global X by mirae Asset |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Sep 26, 2023 | May 4, 2016 |
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).
BALI vs MILN 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.
BALI vs MILN Performance
iShares US Large Cap Premium Income Active ETF (BALI) is an ETF from BlackRock, Inc. (US) and Global X Millennial Consumer ETF (MILN) is an ETF from Global X by mirae Asset. Over the past year BALI returned +15.74% while MILN returned -10.86%. Year to date, BALI is up 11.92% versus a loss of 7.25% for MILN.
Over three years, BALI compounded at +19.08% per year against +12.75% for MILN.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MILN has been the more volatile fund, with annualized monthly volatility of 17.7% 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 -16.6% for BALI and -23.5% for MILN. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BALI charges 0.35% per year while MILN charges 0.50%. On a $10,000 position that is $35 vs $50 annually, a gap of $15 per year that compounds over a long holding period. On income, BALI currently yields 7.81% against 0.33% for MILN.
Holdings Overlap
16.9% of BALI's money is in holdings MILN also owns. 33.8% of MILN's money is in holdings BALI also owns.
The two portfolios partly overlap.
13 positions in common, counted across the 211 positions we hold weights for in BALI and 80 in MILN, against full books of 206 and 164.
What only one of them owns
Our book lists 65 positions for MILN that do not appear in our book for BALI (62.1% of the fund), and 193 for BALI that do not appear in MILN (81.5%).
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 BALI | Weight in MILN | Difference |
|---|---|---|---|
| AAPLApple Inc | 5.76% | 3.88% | 1.88% |
| AMZNAmazon.Com Inc | 3.40% | 3.25% | 0.15% |
| GOOGLAlphabet Inc-cl A | 2.53% | 3.27% | 0.74% |
| METAMeta Platforms, Inc. | 1.52% | 3.51% | 1.99% |
| ABNBAirbnb Inc | 0.57% | 3.80% | 3.23% |
| TJXTjx Cos., Inc. | 1.16% | 2.42% | 1.26% |
| BKNGBooking Holdings Inc | 0.64% | 2.73% | 2.09% |
| SBUXStarbucks Corp Sedol 2842255 | 0.32% | 2.95% | 2.63% |
| SPOTSpotify Technology SA | 0.13% | 2.94% | 2.81% |
| LOWLowes | 0.33% | 2.20% | 1.87% |
33.8% of MILN 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, BALI or MILN?
BALI has an expense ratio of 0.35% while MILN charges 0.50%. BALI is the cheaper option, by $15 a year on a $10,000 investment.
Which performed better, BALI or MILN?
Over the past year BALI returned +15.74% vs -10.86% for MILN, so BALI leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BALI or MILN?
MILN has been the more volatile fund at 17.7% annualized versus 10.2% for BALI. Worst drawdown: BALI -16.6% vs MILN -23.5%.
Should I hold both BALI and MILN?
BALI and MILN have a monthly-return correlation of 0.80, 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 BALI and MILN?
33.8% of MILN's money is in holdings BALI also owns. 33.8% of MILN's is in holdings BALI also owns. They hold 13 positions in common, counted across the 211 positions we hold weights for in BALI and 80 in MILN.
Which pays a higher dividend, BALI or MILN?
BALI yields 7.81% while MILN yields 0.33%, so BALI currently pays the higher dividend yield.
Is MILN better than BALI?
BALI has a lower expense ratio. BALI led over 1Y, 3Y and the full window. MILN is less concentrated, with 33.8% of the fund in its ten largest positions against 35.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.