BSMP vs QQQ
Invesco BulletShares 2025 Municipal Bond ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ delivered stronger 1-year returns. BSMP offers more diversification with 490 holdings.
Side-by-Side Comparison
| Metric | BSMP | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.18% | |
| AUM | $181M | $496.3B | |
| Dividend Yield | 2.32% | 0.44% | |
| Holdings | 490 | 108 | |
| YTD Return | -0.22% | +16.23% | |
| 1Y Return | -0.39% | +26.23% | |
| 3Y Return (annualized) | +0.09% | +25.75% | |
| 5Y Return (annualized) | -1.19% | +14.78% | |
| Volatility (annualized) | 3.5% | 30.6% | |
| Max Drawdown | -10.9% | -83.0% | |
| Fund Family | Invesco (US) | Invesco (US) | |
| Category | Fixed Income | Equity | |
| Inception | Sep 25, 2019 | Mar 10, 1999 |
BSMP vs QQQ Performance
Invesco BulletShares 2025 Municipal Bond ETF (BSMP) is a ETF from Invesco (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year BSMP returned -0.39% while QQQ returned +26.23%. Year to date, BSMP is down 0.22% versus a gain of 16.23% for QQQ.
Over three years, BSMP compounded at +0.09% per year against +25.75% for QQQ; over five years the annualized figures are -1.19% and +14.78% respectively. Across the full 6-year window we track, QQQ has the edge at +13.02% annualized vs -0.36%. 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 3.5% for BSMP. 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 -10.9% for BSMP 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 0.48. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
BSMP charges 0.18% per year while QQQ charges 0.18%. On a $10,000 position that is $18 vs $18 annually. On income, BSMP currently yields 2.32% against 0.44% for QQQ.
Holdings Overlap
BSMP and QQQ share 0 holdings out of 260 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, BSMP or QQQ?
BSMP has an expense ratio of 0.18% while QQQ charges 0.18%. They cost the same. On a $10,000 investment, that is $0 per year of difference.
Which performed better, BSMP or QQQ?
Over the past year BSMP returned -0.39% vs +26.23% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (6 years), BSMP annualized -0.36% vs +13.02% for QQQ. Past performance does not guarantee future results.
Which is riskier, BSMP or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 3.5% for BSMP. Worst drawdown: BSMP -10.9% vs QQQ -83.0%.
Should I hold both BSMP and QQQ?
BSMP and QQQ have a monthly-return correlation of 0.48, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between BSMP and QQQ?
BSMP and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 260 unique securities.
Which pays a higher dividend, BSMP or QQQ?
BSMP yields 2.32% while QQQ yields 0.44%, so BSMP 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.