BALI vs SXQG
iShares US Large Cap Premium Income Active ETF vs ETC 6 Meridian Quality Growth ETF
Which is better, BALI or SXQG?
BALI has been ahead.
BALI has a lower expense ratio. BALI led over 1Y, 3Y and the full window. BALI is less concentrated, with 35.0% of the fund in its ten largest positions against 43.0%.
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 | SXQG |
|---|---|---|
| Expense Ratio | 0.35%Best | 0.70% |
| AUM | $1.5B | $63M |
| Dividend Yield | 7.81% | 0.00% |
| Holdings | 206 | 235 |
| YTD Return | +11.92%Best | +3.37% |
| 1Y Return | +15.74%Best | +2.54% |
| 3Y Return (annualized) | +19.08%Best | +11.82% |
| 5Y Return (annualized) | - | +5.68% |
| Volatility (annualized) | 10.2%Best | 12.9% |
| Max Drawdown | -16.6%Best | -19.5% |
| $10,000 over 3 years | $17,073Best | $14,250 |
| Top 10 Weight | 35.0%Best | 43.0% |
| Fund Family | BlackRock, Inc. (US) | 6 Meridian ETF |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Sep 26, 2023 | May 10, 2021 |
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 SXQG 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 SXQG Performance
iShares US Large Cap Premium Income Active ETF (BALI) is an ETF from BlackRock, Inc. (US) and ETC 6 Meridian Quality Growth ETF (SXQG) is an ETF from 6 Meridian ETF. Over the past year BALI returned +15.74% while SXQG returned +2.54%. Year to date, BALI is up 11.92% versus a gain of 3.37% for SXQG.
Over three years, BALI compounded at +19.08% per year against +11.82% for SXQG.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SXQG has been the more volatile fund, with annualized monthly volatility of 12.9% 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 -16.6% for BALI and -19.5% for SXQG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BALI charges 0.35% per year while SXQG charges 0.70%. On a $10,000 position that is $35 vs $70 annually, a gap of $35 per year that compounds over a long holding period. On income, BALI currently yields 7.81% against 0.00% for SXQG.
Holdings Overlap
34.3% of BALI's money is in holdings SXQG also owns. 66.0% of SXQG's money is in holdings BALI also owns.
The two portfolios partly overlap.
30 positions in common, counted across the 211 positions we hold weights for in BALI and 84 in SXQG, against full books of 206 and 235.
What only one of them owns
Our book lists 50 positions for SXQG that do not appear in our book for BALI (31.7% of the fund), and 176 for BALI that do not appear in SXQG (64.2%).
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 SXQG | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.35% | 4.74% | 2.61% |
| AAPLApple, Inc | 5.76% | 4.97% | 0.79% |
| MSFTMicrosoft Corp | 5.39% | 4.94% | 0.45% |
| GOOGLAlphabet Inc | 2.53% | 4.80% | 2.27% |
| MUMicron Technology, Inc. | 1.34% | 4.29% | 2.95% |
| COSTCostco Wholesale Corp. | 1.73% | 3.75% | 2.02% |
| VVisa Inc Class A | 1.52% | 3.71% | 2.19% |
| LLYEli Lilly & Co. | 1.05% | 3.93% | 2.88% |
| PLTRPalantir Technologies Inc | 0.58% | 4.17% | 3.59% |
| PANWPalo Alto Networks, Inc | 0.48% | 3.68% | 3.20% |
66.0% of SXQG 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 SXQG?
BALI has an expense ratio of 0.35% while SXQG charges 0.70%. BALI is the cheaper option, by $35 a year on a $10,000 investment.
Which performed better, BALI or SXQG?
Over the past year BALI returned +15.74% vs +2.54% for SXQG, 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 SXQG?
SXQG has been the more volatile fund at 12.9% annualized versus 10.2% for BALI. Worst drawdown: BALI -16.6% vs SXQG -19.5%.
Should I hold both BALI and SXQG?
BALI and SXQG have a monthly-return correlation of 0.89, 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 SXQG?
66.0% of SXQG's money is in holdings BALI also owns. 66.0% of SXQG's is in holdings BALI also owns. They hold 30 positions in common, counted across the 211 positions we hold weights for in BALI and 84 in SXQG.
Which pays a higher dividend, BALI or SXQG?
BALI yields 7.81% while SXQG yields 0.00%, so BALI currently pays the higher dividend yield.
Is SXQG better than BALI?
BALI has a lower expense ratio. BALI led over 1Y, 3Y and the full window. BALI is less concentrated, with 35.0% of the fund in its ten largest positions against 43.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.