BALQ vs QETH

Comparison between iShares Nasdaq Premium Income Active ETF (BALQ, ETF) and Invesco Galaxy Ethereum ETF (QETH, ETF).

BALQ vs QETH - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BALQ(ETF)	QETH(ETF)
Net Assets	$16M	$16M
Expense Ratio	0.35%	0.25%
Max Drawdown	13.17%	67.90%
Sharpe Ratio	1.23	-0.64
5Y Beta	1.44	2.12
P/E Ratio	37.43	N/A
Forward P/E	21.60	N/A
PEG Ratio	0.08	N/A
5Y EPS CAGR	30.51%	N/A
Debt to Equity	28.22%	N/A
P/S Ratio	5.16	N/A
P/B Ratio	8.38	N/A

Net Assets

BALQ

$16M

Winner

QETH

$16M

Expense Ratio

BALQ

0.35%

Winner

QETH

0.25%

Max Drawdown

Winner

BALQ

13.17%

QETH

67.90%

Sharpe Ratio

Winner

BALQ

1.23

QETH

-0.64

5Y Beta

Winner

BALQ

1.44

QETH

2.12

P/E Ratio

BALQ

37.43

QETH

N/A

Forward P/E

BALQ

21.60

QETH

N/A

PEG Ratio

BALQ

0.08

QETH

N/A

5Y EPS CAGR

BALQ

30.51%

QETH

N/A

Debt to Equity

BALQ

28.22%

QETH

N/A

P/S Ratio

BALQ

5.16

QETH

N/A

P/B Ratio

BALQ

8.38

QETH

N/A

BALQ vs QETH - Historical Returns

Returns include dividend reinvestment.

Period	BALQ	QETH
1 month	-2.84%	+10.90%
3 months	+11.95%	-16.40%
6 months	+17.87%	-36.56%
1 year	N/A	-48.78%
Max(CAGR)	+30.57%	-25.77%

BALQ

-2.84%

Winner

QETH

+10.90%

Winner

BALQ

+11.95%

QETH

-16.40%

Winner

BALQ

+17.87%

QETH

-36.56%

BALQ

N/A

QETH

-48.78%

Max(CAGR)

Winner

BALQ

+30.57%

QETH

-25.77%

BALQ vs QETH - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	BALQ	QETH
2026	+18.89%	-38.44%
2025	-0.49%	-14.32%
2024	N/A	-3.58%

BALQ vs QETH Drawdown Comparison

The maximum drawdown for BALQ was -11.80%, occurring on Mar 30, 2026. Recovery took 52 trading sessions.

The maximum drawdown for QETH was -67.90%, occurring on Jun 25, 2026. This drawdown has not yet recovered.

The current BALQ drawdown is -3.44%. The current QETH drawdown is -60.38%.

Rank	BALQ	QETH
#1	-11.80% Jan 28, 2026 - Apr 14, 2026	-67.90% Aug 22, 2025 - Jun 25, 2026
#2	-6.54% Jun 2, 2026 - Jun 10, 2026	-64.07% Dec 6, 2024 - Aug 11, 2025
#3	-4.49% Dec 10, 2025 - Jan 6, 2026	-35.81% Jul 23, 2024 - Nov 25, 2024
#4	-2.89% Jan 12, 2026 - Jan 26, 2026	-12.80% Aug 13, 2025 - Aug 22, 2025
#5	-2.69% May 14, 2026 - May 26, 2026	-5.17% Nov 25, 2024 - Nov 27, 2024
#6	-0.97% Apr 17, 2026 - Apr 22, 2026	-1.80% Dec 4, 2024 - Dec 6, 2024
#7	-0.95% Apr 27, 2026 - Apr 30, 2026	-1.40% Nov 27, 2024 - Dec 4, 2024
#8	-0.77% Apr 22, 2026 - Apr 24, 2026	N/A
#9	-0.70% May 11, 2026 - May 13, 2026	N/A
#10	-0.64% Jan 6, 2026 - Jan 9, 2026	N/A
#11	-0.37% May 6, 2026 - May 8, 2026	N/A
#12	-0.14% Dec 5, 2025 - Dec 9, 2025	N/A
#13	-0.14% May 1, 2026 - May 5, 2026	N/A
#14	-0.13% Dec 3, 2025 - Dec 5, 2025	N/A

Correlation

Correlation between BALQ and QETH is -0.57 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.57

-101