Blackrock Advantage Large Cap Income ETF (BALI) Performance
BALI total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +15.0% since Dec 31, 2025
- 1 year
- +18.2% total return
- 3 years
- +21.3% a year
- Since first price
- +20.4% a year since 2023
BALI trailing returns vs SPY, QQQ, AGG
| Period | BALI total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −0.2% | −0.7% | −1.0% | −5.0% | +0.9% |
| 3 months | +3.8% | +2.0% | +3.2% | +1.9% | −0.4% |
| 6 months | +9.6% | +5.5% | +7.8% | +8.4% | −1.5% |
| YTD | +15.0% | +8.2% | +12.3% | +15.1% | −1.0% |
| 1 year | +18.2% | +8.9% | +14.4% | +15.9% | −1.1% |
| 3 years | +78.6%+21.3%/yr | +39.7% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionSep 28, 2023 | +76.6%+20.4%/yr | +38.1% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: BALI vs SPY
From Sep 28, 2023: BALI grew to $17,659, SPY to $18,389.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
BALI returns by calendar year
2 of 2 full years positive. Best 2024 (+22.4%), worst 2025 (+14.5%). 2026 is year to date.
BALI annual returns table
| Year | BALI | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +15.0% | −6.7% | +12.3% | +15.1% | −1.0% |
| 2025 | +14.5% | −16.5% | +17.7% | +20.8% | +7.2% |
| 2024 | +22.4% | −7.7% | +24.9% | +25.6% | +1.3% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
BALI largest drawdowns
Now 1.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Dec 5, 2024 | −16.6% | Apr 8, 2025 | Jun 30, 2025 | 4 months | 7 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
BALI risk statistics
| Statistic | 3 years |
|---|---|
| Annualized return | +21.0% |
| Volatility (annualized) | 10.3% |
| Sharpe ratio | 1.50 |
| Sortino ratio | 3.01 |
| Best month | +8.4% |
| Worst month | −4.9% |
| Best 12 months | +32.6% |
| Worst 12 months | +7.3% |
| Positive months | 72% |
| Beta vs S&P 500 | 0.81 |
| Correlation with S&P 500 | 0.98 |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
BALI rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 26 | +7.3% | +16.7% | +32.6% | 100% |
| 3-year (a year) | 2 | +21.0% | +21.2% | +21.5% | 100% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
BALI performance overview
Blackrock Advantage Large Cap Income ETF (BALI) returned +18.2% over the past year, with distributions reinvested. Since its first recorded price in 2023 it has returned +20.4% a year, turning $10,000 into about $17,659. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −16.6%, from Dec 5, 2024 to Apr 8, 2025, and it took 3 months to get back to the old high. Volatility has been 10.3% a year.
Related: BALI chart, BALI holdings, BALI dividends, BALI valuation. See the BALI overview for the latest quote and fund facts.
BALI performance FAQ
What is the BALI return over the past year?
BALI returned +18.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 8.9%.
How much would $10,000 invested in BALI be worth?
$10,000 invested in BALI at its first recorded close on September 28, 2023 would be worth about $17,659 on October 23, 2026 with distributions reinvested.
What was the worst year for BALI?
The worst calendar year was 2025, with a total return of +14.5%. The best was 2024 at +22.4%.
What is the biggest drawdown of BALI?
The largest peak-to-trough decline was −16.6% between December 5, 2024 and April 8, 2025. It recovered to the old high on June 30, 2025, 3 months after the bottom.
How volatile is BALI?
Over the past 3 years BALI had an annualized volatility of 10.3% and a Sharpe ratio of 1.50 (excess return over 1–3 month T-bills per unit of risk).