BILZ vs QQQ
PIMCO Ultra Short Government Active Exchange-Traded Fund vs Invesco QQQ Trust, Series 1
Which is better, BILZ or QQQ?
QQQ has been ahead.
BILZ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BILZ | QQQ |
|---|---|---|
| Expense Ratio | 0.14%Best | 0.18% |
| AUM | $944M | $483.5B |
| Dividend Yield | 3.95% | 0.44% |
| Holdings | 7 | 107 |
| YTD Return | +2.44% | +15.86%Best |
| 1Y Return | +3.72% | +22.63%Best |
| 3Y Return (annualized) | +4.54% | +24.15%Best |
| 5Y Return (annualized) | - | +14.16% |
| Volatility (annualized) | 0.4%Best | 17.3% |
| Max Drawdown | -0.5%Best | -22.8% |
| $10,000 over 3.2 years | $11,491 | $19,608Best |
| Fund Family | PIMCO (US) | Invesco (US) |
| Category | Fixed Income | Equity |
| Style | - | Large Cap Growth |
| Inception | Jun 21, 2023 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Jun 22, 2023 to Sep 10, 2026 (3.2 years).
BILZ vs QQQ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.2 years both funds cover.
BILZ vs QQQ Performance
PIMCO Ultra Short Government Active Exchange-Traded Fund (BILZ) is an ETF from PIMCO (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year BILZ returned +3.72% while QQQ returned +22.63%. Year to date, BILZ is up 2.44% versus a gain of 15.86% for QQQ.
Over three years, BILZ compounded at +4.54% per year against +24.15% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 17.3% compared with 0.4% for BILZ. 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 -0.5% for BILZ and -22.8% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.14. They move largely independently of each other.
Fees and Cost Over Time
BILZ charges 0.14% per year while QQQ charges 0.18%. On a $10,000 position that is $14 vs $18 annually, a gap of $4 per year that compounds over a long holding period. On income, BILZ currently yields 3.95% against 0.44% for QQQ.
You are not choosing between two funds in isolation.
Whichever of BILZ and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BILZ or QQQ?
BILZ has an expense ratio of 0.14% while QQQ charges 0.18%. BILZ is the cheaper option, by $4 a year on a $10,000 investment.
Which performed better, BILZ or QQQ?
Over the past year BILZ returned +3.72% vs +22.63% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BILZ or QQQ?
QQQ has been the more volatile fund at 17.3% annualized versus 0.4% for BILZ. Worst drawdown: BILZ -0.5% vs QQQ -22.8%.
Should I hold both BILZ and QQQ?
BILZ and QQQ have a monthly-return correlation of 0.14, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, BILZ or QQQ?
BILZ yields 3.95% while QQQ yields 0.44%, so BILZ currently pays the higher dividend yield.
Is QQQ better than BILZ?
BILZ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.