Both contain the elements of a narrative. Both originated from the oral poetic tradition.
One famous epic is the Epic of Gilgamesh. It is not written in iambic pentameter and is not solely focused on mythological stories. These two options are then eliminated automatically. It does revolve around a central hero, originate from the oral poetic tradition, and contain the elements of a narrative. A famous ballad is Poe's Annabel Lee. It is not written in iambic pentameter, focused on mythological stories, or revolve around the exploits of a central hero. The only thing is has in common with Gilgamesh is originating from poetic tradition and containing elements of a narrative.