BMEZ vs QQQ
BlackRock Health Sciences Term Trust vs Invesco QQQ Trust, Series 1
Which is better, BMEZ or QQQ?
Mid Cap Growth against Large Cap Growth.
QQQ has a lower expense ratio. BMEZ led over 1Y, QQQ over 3Y, 5Y 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 | BMEZ | QQQ |
|---|---|---|
| Expense Ratio | 1.30% | 0.18%Best |
| AUM | $1.2B | $483.5B |
| Dividend Yield | 7.41% | 0.44% |
| Holdings | 176 | 107 |
| YTD Return | +16.91%Best | +15.86% |
| 1Y Return | +25.75%Best | +22.63% |
| 3Y Return (annualized) | +15.20% | +24.15%Best |
| 5Y Return (annualized) | -0.63% | +14.16%Best |
| Volatility (annualized) | 20.0%Best | 21.1% |
| Max Drawdown | -46.0% | -35.1%Best |
| $10,000 over 5 years | $9,689 | $19,390Best |
| Fund Family | BlackRock, Inc. (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Growth |
| Inception | Jan 29, 2020 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jan 29, 2020 to Sep 10, 2026 (6.6 years).
BMEZ 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 6.6 years both funds cover.
BMEZ vs QQQ Performance
BlackRock Health Sciences Term Trust (BMEZ) is an ETF from BlackRock, Inc. (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year BMEZ returned +25.75% while QQQ returned +22.63%. Year to date, BMEZ is up 16.91% versus a gain of 15.86% for QQQ.
Over three years, BMEZ compounded at +15.20% per year against +24.15% for QQQ; over five years the annualized figures are -0.63% and +14.16% respectively. Across the full 7-year window we track, QQQ has the edge at +19.78% annualized vs +5.69%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 21.1% compared with 20.0% 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 -35.1% 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 0.67. They move together some of the time, and apart the rest.
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 7.41% against 0.44% for QQQ.
Holdings Overlap
At least 3.0% of QQQ's money is in holdings BMEZ also owns.
Stated as a floor: for BMEZ, our book for it covers 86.2% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
QQQ and BMEZ share little of their money.
The two holdings books were reported 127 days apart, BMEZ as of Mar 31, 2026 and QQQ as of Aug 5, 2026, so some of the difference between them is the time between the two reports rather than the funds.
5 positions in common, counted across the 139 positions we hold weights for in BMEZ and 102 in QQQ, against full books of 176 and 107.
You are not choosing between two funds in isolation.
Whichever of BMEZ 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, BMEZ or QQQ?
BMEZ has an expense ratio of 1.30% while QQQ charges 0.18%. QQQ is the cheaper option, by $112 a year on a $10,000 investment.
Which performed better, BMEZ or QQQ?
Over the past year BMEZ returned +25.75% vs +22.63% for QQQ, so BMEZ leads on 1-year performance. Over the longest common window we track (7 years), BMEZ annualized +5.69% vs +19.78% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BMEZ or QQQ?
QQQ has been the more volatile fund at 21.1% annualized versus 20.0% for BMEZ. Worst drawdown: BMEZ -46.0% vs QQQ -35.1%.
Should I hold both BMEZ and QQQ?
BMEZ and QQQ have a monthly-return correlation of 0.67, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between BMEZ and QQQ?
At least 3.0% of QQQ's money is in holdings BMEZ also owns. Our book for BMEZ is partial, so the real figure is this or higher. They hold 5 positions in common, counted across the 139 positions we hold weights for in BMEZ and 102 in QQQ.
Which pays a higher dividend, BMEZ or QQQ?
BMEZ yields 7.41% while QQQ yields 0.44%, so BMEZ currently pays the higher dividend yield.
Is QQQ better than BMEZ?
QQQ has a lower expense ratio. BMEZ led over 1Y, QQQ over 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.