BCLO vs QQQ
iShares BBB-B CLO Active ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | BCLO | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.45% | 0.18% | |
| AUM | $84M | $496.3B | |
| Dividend Yield | 6.57% | 0.44% | |
| Holdings | 54 | 108 | |
| YTD Return | +3.87% | +19.52% | |
| 1Y Return | +6.33% | +26.68% | |
| 3Y Return (annualized) | - | +26.64% | |
| 5Y Return (annualized) | - | +15.36% | |
| Volatility (annualized) | 2.9% | 30.6% | |
| Max Drawdown | -3.9% | -83.0% | |
| Fund Family | iShares by BlackRock (US) | Invesco (US) | |
| Category | Fixed Income | Equity | |
| Inception | Jan 29, 2025 | Mar 10, 1999 |
BCLO vs QQQ Performance
iShares BBB-B CLO Active ETF (BCLO) is a ETF from iShares by BlackRock (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year BCLO returned +6.33% while QQQ returned +26.68%. Year to date, BCLO is up 3.87% versus a gain of 19.52% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 2.9% for BCLO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -3.9% for BCLO and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BCLO charges 0.45% per year while QQQ charges 0.18%. On a $10,000 position that is $45 vs $18 annually, a gap of $27 per year that compounds over a long holding period. On income, BCLO currently yields 6.57% against 0.44% for QQQ.
Holdings Overlap
BCLO and QQQ share 0 holdings out of 107 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, BCLO or QQQ?
BCLO has an expense ratio of 0.45% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $27 per year of difference.
Which performed better, BCLO or QQQ?
Over the past year BCLO returned +6.33% vs +26.68% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), BCLO annualized +7.01% vs +13.14% for QQQ. Past performance does not guarantee future results.
Which is riskier, BCLO or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 2.9% for BCLO. Worst drawdown: BCLO -3.9% vs QQQ -83.0%.
Should I hold both BCLO and QQQ?
BCLO and QQQ have a monthly-return correlation of 0.74, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between BCLO and QQQ?
BCLO and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 107 unique securities.
Which pays a higher dividend, BCLO or QQQ?
BCLO yields 6.57% while QQQ yields 0.44%, so BCLO currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.