BMEZ vs QQQ
BMEZ vs QQQ
BlackRock Health Sciences Term Trust vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. BMEZ delivered stronger 1-year returns. BMEZ offers more diversification with 140 holdings.
Side-by-Side Comparison
| Metric | BMEZ | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 1.30% | 0.18% | |
| AUM | $1.1B | $455.8B | |
| Dividend Yield | 8.61% | 0.41% | |
| Holdings | 171 | 108 | |
| YTD Return | +11.98% | +18.20% | |
| 1Y Return | +28.15% | +27.63% | |
| 3Y Return (annualized) | +11.28% | +25.54% | |
| 5Y Return (annualized) | -2.09% | +15.12% | |
| Volatility (annualized) | 19.8% | 30.6% | |
| Max Drawdown | -46.0% | -83.0% | |
| Fund Family | BlackRock, Inc. (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Jan 29, 2020 | Mar 10, 1999 |
BMEZ vs QQQ Performance
BlackRock Health Sciences Term Trust (BMEZ) is a ETF from BlackRock, Inc. (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year BMEZ returned +28.15% while QQQ returned +27.63%. Year to date, BMEZ is up 11.98% versus a gain of 18.20% for QQQ.
Over three years, BMEZ compounded at +11.28% per year against +25.54% for QQQ; over five years the annualized figures are -2.09% and +15.12% respectively. Across the full 7-year window we track, QQQ has the edge at +13.11% annualized vs +5.08%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 19.8% for BMEZ. 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 -46.0% for BMEZ 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 0.68. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
BMEZ charges 1.30% per year while QQQ charges 0.18%. On a $10,000 position that is $130 vs $18 annually, a gap of $112 per year that compounds over a long holding period. On income, BMEZ currently yields 8.61% against 0.41% for QQQ.
Holdings Overlap
BMEZ and QQQ share 5 holdings out of 238 unique holdings combined, representing a 2.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in BMEZ | Weight in QQQ | Difference |
|---|---|---|---|
| GILD | 2.47% | 0.72% | 1.75% |
| AMGN | 1.39% | 0.86% | 0.53% |
| ISRG | 1.25% | 0.64% | 0.61% |
| DXCM | Pro | Pro | Pro |
| ALNY | Pro | Pro | Pro |
See all 5 holdings BMEZ shares with QQQ Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, BMEZ or QQQ?
BMEZ has an expense ratio of 1.30% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $112 per year of difference.
Which performed better, BMEZ or QQQ?
Over the past year BMEZ returned +28.15% vs +27.63% for QQQ, so BMEZ leads on 1-year performance. Over the longest common window we track (7 years), BMEZ annualized +5.08% vs +13.11% for QQQ. Past performance does not guarantee future results.
Which is riskier, BMEZ or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 19.8% for BMEZ. Worst drawdown: BMEZ -46.0% vs QQQ -83.0%.
Should I hold both BMEZ and QQQ?
BMEZ and QQQ have a monthly-return correlation of 0.68, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between BMEZ and QQQ?
BMEZ and QQQ share 5 common holdings with a 2.5% weight overlap. Combined, they hold 238 unique securities.
Which pays a higher dividend, BMEZ or QQQ?
BMEZ yields 8.61% while QQQ yields 0.41%, so BMEZ 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.