BALQ vs RCLR

Comparison between iShares Nasdaq Premium Income Active ETF (BALQ, ETF) and RECKONER BBB-B CLO REINVESTING ETF (RCLR, ETF).

BALQ vs RCLR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BALQ(ETF)	RCLR(ETF)
Net Assets	$15M	$15M
Expense Ratio	0.35%	0.60%
Max Drawdown	13.17%	3.77%
Sharpe Ratio	1.60	-0.19
5Y Beta	1.39	0.04
P/E Ratio	38.08	N/A
Forward P/E	23.40	N/A
5Y EPS CAGR	30.64%	N/A
Debt to Equity	22.08%	N/A
P/S Ratio	5.08	N/A
P/B Ratio	8.54	N/A

Net Assets

BALQ

$15M

RCLR

$15M

Expense Ratio

Winner

BALQ

0.35%

RCLR

0.60%

Max Drawdown

BALQ

13.17%

Winner

RCLR

3.77%

Sharpe Ratio

Winner

BALQ

1.60

RCLR

-0.19

5Y Beta

BALQ

1.39

Winner

RCLR

0.04

P/E Ratio

BALQ

38.08

RCLR

N/A

Forward P/E

BALQ

23.40

RCLR

N/A

5Y EPS CAGR

BALQ

30.64%

RCLR

N/A

Debt to Equity

BALQ

22.08%

RCLR

N/A

P/S Ratio

BALQ

5.08

RCLR

N/A

P/B Ratio

BALQ

8.54

RCLR

N/A

BALQ vs RCLR - Historical Returns

Returns include dividend reinvestment.

Period	BALQ	RCLR
1 month	+2.51%	+0.51%
3 months	+21.49%	+3.40%
6 months	+20.49%	N/A
Max(CAGR)	+39.25%	+2.89%

Winner

BALQ

+2.51%

RCLR

+0.51%

Winner

BALQ

+21.49%

RCLR

+3.40%

BALQ

+20.49%

RCLR

N/A

Max(CAGR)

Winner

BALQ

+39.25%

RCLR

+2.89%

BALQ vs RCLR - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	BALQ	RCLR
2026	+19.51%	+0.95%
2025	-0.49%	N/A

BALQ vs RCLR Drawdown Comparison

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

The maximum drawdown for RCLR was -3.77%, occurring on Mar 4, 2026. Recovery took 52 trading sessions.

The current BALQ drawdown is -2.93%.

Rank	BALQ	RCLR
#1	-11.80% Jan 28, 2026 - Apr 14, 2026	-3.77% Feb 11, 2026 - Apr 28, 2026
#2	-6.54% Jun 2, 2026 - Jun 10, 2026	-0.45% May 8, 2026 - Jun 11, 2026
#3	-4.49% Dec 10, 2025 - Jan 6, 2026	-0.10% May 4, 2026 - May 6, 2026
#4	-2.89% Jan 12, 2026 - Jan 26, 2026	N/A
#5	-2.69% May 14, 2026 - May 26, 2026	N/A
#6	-0.97% Apr 17, 2026 - Apr 22, 2026	N/A
#7	-0.95% Apr 27, 2026 - Apr 30, 2026	N/A
#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