RAAY vs BALQ

Comparison between RECKONER YIELD ENHANCED AAA CLO ANNUAL ETF (RAAY, ETF) and iShares Nasdaq Premium Income Active ETF (BALQ, ETF).

RAAY vs BALQ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	RAAY(ETF)	BALQ(ETF)
Net Assets	$15M	$15M
Expense Ratio	0.35%	0.35%
Max Drawdown	0.62%	13.17%
Sharpe Ratio	0.88	1.60
5Y Beta	0.01	1.39
P/E Ratio	N/A	38.08
Forward P/E	N/A	23.40
5Y EPS CAGR	N/A	30.64%
Debt to Equity	N/A	22.08%
P/S Ratio	N/A	5.08
P/B Ratio	N/A	8.54

Net Assets

Winner

RAAY

$15M

BALQ

$15M

Expense Ratio

RAAY

0.35%

BALQ

0.35%

Max Drawdown

Winner

RAAY

0.62%

BALQ

13.17%

Sharpe Ratio

RAAY

0.88

Winner

BALQ

1.60

5Y Beta

Winner

RAAY

0.01

BALQ

1.39

P/E Ratio

RAAY

N/A

BALQ

38.08

Forward P/E

RAAY

N/A

BALQ

23.40

5Y EPS CAGR

RAAY

N/A

BALQ

30.64%

Debt to Equity

RAAY

N/A

BALQ

22.08%

P/S Ratio

RAAY

N/A

BALQ

5.08

P/B Ratio

RAAY

N/A

BALQ

8.54

RAAY vs BALQ - Historical Returns

Returns include dividend reinvestment.

Period	RAAY	BALQ
1 month	+0.28%	+2.51%
3 months	+1.81%	+21.49%
6 months	N/A	+20.49%
Max(CAGR)	+5.16%	+39.25%

RAAY

+0.28%

Winner

BALQ

+2.51%

RAAY

+1.81%

Winner

BALQ

+21.49%

RAAY

N/A

BALQ

+20.49%

Max(CAGR)

RAAY

+5.16%

Winner

BALQ

+39.25%

RAAY vs BALQ - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	RAAY	BALQ
2026	+1.68%	+19.51%
2025	N/A	-0.49%

RAAY vs BALQ Drawdown Comparison

The maximum drawdown for RAAY was -0.62%, occurring on Mar 9, 2026. Recovery took 23 trading sessions.

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

The current RAAY drawdown is -0.04%. The current BALQ drawdown is -2.93%.

Rank	RAAY	BALQ
#1	-0.62% Mar 2, 2026 - Apr 2, 2026	-11.80% Jan 28, 2026 - Apr 14, 2026
#2	-0.23% May 29, 2026 - Jun 3, 2026	-6.54% Jun 2, 2026 - Jun 10, 2026
#3	-0.13% Feb 23, 2026 - Mar 2, 2026	-4.49% Dec 10, 2025 - Jan 6, 2026
#4	-0.12% Feb 17, 2026 - Feb 23, 2026	-2.89% Jan 12, 2026 - Jan 26, 2026
#5	-0.02% Apr 20, 2026 - Apr 24, 2026	-2.69% May 14, 2026 - May 26, 2026
#6	-0.01% May 18, 2026 - May 22, 2026	-0.97% Apr 17, 2026 - Apr 22, 2026
#7	-0.00% Apr 27, 2026 - Apr 29, 2026	-0.95% Apr 27, 2026 - Apr 30, 2026
#8	-0.00% May 6, 2026 - May 8, 2026	-0.77% Apr 22, 2026 - Apr 24, 2026
#9	N/A	-0.70% May 11, 2026 - May 13, 2026
#10	N/A	-0.64% Jan 6, 2026 - Jan 9, 2026
#11	N/A	-0.37% May 6, 2026 - May 8, 2026
#12	N/A	-0.14% Dec 5, 2025 - Dec 9, 2025
#13	N/A	-0.14% May 1, 2026 - May 5, 2026
#14	N/A	-0.13% Dec 3, 2025 - Dec 5, 2025