BSMQ vs IVV
Invesco BulletShares 2026 Municipal Bond ETF vs iShares Core S&P 500 ETF
Which is better, BSMQ or IVV?
Municipal Bond against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 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 | BSMQ | IVV |
|---|---|---|
| Expense Ratio | 0.18% | 0.03%Best |
| AUM | $262M | $882.6B |
| Dividend Yield | 2.75% | 1.06% |
| Holdings | 2,479 | 508 |
| YTD Return | +1.25% | +13.60%Best |
| 1Y Return | +1.93% | +16.32%Best |
| 3Y Return (annualized) | +3.56% | +23.81%Best |
| 5Y Return (annualized) | +0.43% | +14.03%Best |
| Volatility (annualized) | 4.5%Best | 16.6% |
| Max Drawdown | -13.6%Best | -33.9% |
| $10,000 over 5 years | $10,217 | $19,279Best |
| Fund Family | Invesco (US) | iShares by BlackRock (US) |
| Category | Fixed Income | Equity |
| Style | Municipal Bond | Large Cap Blend |
| Inception | Sep 25, 2019 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 26, 2019 to Oct 2, 2026 (7 years).
BSMQ vs IVV 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
BSMQ vs IVV Performance
Invesco BulletShares 2026 Municipal Bond ETF (BSMQ) is an ETF from Invesco (US) and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year BSMQ returned +1.93% while IVV returned +16.32%. Year to date, BSMQ is up 1.25% versus a gain of 13.60% for IVV.
Over three years, BSMQ compounded at +3.56% per year against +23.81% for IVV; over five years the annualized figures are +0.43% and +14.03% respectively. Across the full 7-year window we track, IVV has the edge at +15.83% annualized vs +0.87%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 16.6% compared with 4.5% for BSMQ. 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 -13.6% for BSMQ and -33.9% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.50. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BSMQ charges 0.18% per year while IVV charges 0.03%. On a $10,000 position that is $18 vs $3 annually, a gap of $15 per year that compounds over a long holding period. On income, BSMQ currently yields 2.75% against 1.06% for IVV.
Holdings Overlap
We hold position weights for 403 holdings in BSMQ and 505 in IVV, totalling 23.5% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 403 positions we hold weights for in BSMQ and 505 in IVV, against full books of 2,479 and 508.
You are not choosing between two funds in isolation.
Whichever of BSMQ and IVV 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, BSMQ or IVV?
BSMQ has an expense ratio of 0.18% while IVV charges 0.03%. IVV is the cheaper option, by $15 a year on a $10,000 investment.
Which performed better, BSMQ or IVV?
Over the past year BSMQ returned +1.93% vs +16.32% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (7 years), BSMQ annualized +0.87% vs +15.83% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BSMQ or IVV?
IVV has been the more volatile fund at 16.6% annualized versus 4.5% for BSMQ. Worst drawdown: BSMQ -13.6% vs IVV -33.9%.
Should I hold both BSMQ and IVV?
BSMQ and IVV have a monthly-return correlation of 0.50, 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, BSMQ or IVV?
BSMQ yields 2.75% while IVV yields 1.06%, so BSMQ currently pays the higher dividend yield.
Is IVV better than BSMQ?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.