BALI and FTHI are both covered call ETFs tracking the same benchmark, but with different approaches. BALI offers ~8% yield with a focus on cost-conscious investor seeking passive s&p 500 covered call exposure, while FTHI provides ~8% yield targeting investor seeking actively managed covered call strategy. Compare their scores, yields, and performance metrics to find the best fit for your portfolio.
Compare covered call ETFs with the same benchmark side by side
iShares S&P 500 BuyWrite ETF
6.3
Overall Score
First Trust BuyWrite Income ETF
5.1
Overall Score
| Criteria | BALI | FTHI |
|---|---|---|
| Overall Score | 6.3 5.1 | |
| Total Return (25%) | 8.6 3.9 | |
| Downside Protection (25%) | 1.6 5.9 | |
| Upside Participation (25%) | 8.9 6.4 | |
| Consistency (15%) | 5.2 4.8 | |
| Expense Ratio (5%) | 9.4 1.9 | |
| Liquidity (5%) | 4.9 5.3 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | BALI | FTHI |
|---|---|---|
| Expense Ratio | 0.250% | 0.850% |
| Inception Date | Oct 18, 2022 | Jan 6, 2014 |
| Issuer | BlackRock | First Trust |
| Distribution Frequency | Monthly | Monthly |
| Maturity Rating | 3/5 stars | 5/5 stars |
The cheapest S&P 500 covered call ETF — but 2-star maturity and very low downside protection are concerns
Investor Profile:
Cost-conscious investor seeking passive S&P 500 covered call exposure
Underrated fund with solid track record — the high expense ratio is the main drag
Investor Profile:
Investor seeking actively managed covered call strategy