BSL vs QQQ
Blackstone Senior Floating Rate 2027 Term Fund vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ delivered stronger 1-year returns. BSL offers more diversification with 354 holdings.
Side-by-Side Comparison
| Metric | BSL | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | - | 0.18% | |
| AUM | $176M | $496.3B | |
| Dividend Yield | 7.99% | 0.44% | |
| Holdings | 354 | 108 | |
| YTD Return | +0.54% | +16.23% | |
| 1Y Return | -1.05% | +26.23% | |
| 3Y Return (annualized) | +8.60% | +25.75% | |
| 5Y Return (annualized) | +3.76% | +14.78% | |
| Volatility (annualized) | 12.2% | 30.6% | |
| Max Drawdown | -57.1% | -83.0% | |
| Fund Family | The Blackstone Group Inc | Invesco (US) | |
| Category | Fixed Income | Equity | |
| Inception | May 26, 2010 | Mar 10, 1999 |
BSL vs QQQ Performance
Blackstone Senior Floating Rate 2027 Term Fund (BSL) is a ETF from The Blackstone Group Inc and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year BSL returned -1.05% while QQQ returned +26.23%. Year to date, BSL is up 0.54% versus a gain of 16.23% for QQQ.
Over three years, BSL compounded at +8.60% per year against +25.75% for QQQ; over five years the annualized figures are +3.76% and +14.78% respectively. Across the full 16-year window we track, QQQ has the edge at +13.02% annualized vs +0.09%. 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 12.2% for BSL. 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 -57.1% for BSL 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 0.44. They move independently enough that combining them can meaningfully diversify a portfolio.
Holdings Overlap
BSL and QQQ share 0 holdings out of 199 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which performed better, BSL or QQQ?
Over the past year BSL returned -1.05% vs +26.23% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (16 years), BSL annualized +0.09% vs +13.02% for QQQ. Past performance does not guarantee future results.
Which is riskier, BSL or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 12.2% for BSL. Worst drawdown: BSL -57.1% vs QQQ -83.0%.
Should I hold both BSL and QQQ?
BSL and QQQ have a monthly-return correlation of 0.44, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between BSL and QQQ?
BSL and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 199 unique securities.
Which pays a higher dividend, BSL or QQQ?
BSL yields 7.99% while QQQ yields 0.44%, so BSL currently pays the higher dividend yield.
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