BSMQ vs QQQ
Invesco BulletShares 2026 Municipal Bond ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ delivered stronger 1-year returns. BSMQ offers more diversification with 1,845 holdings.
Side-by-Side Comparison
| Metric | BSMQ | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.18% | |
| AUM | $271M | $496.3B | |
| Dividend Yield | 2.75% | 0.44% | |
| Holdings | 1,845 | 108 | |
| YTD Return | +1.28% | +16.64% | |
| 1Y Return | +2.69% | +27.27% | |
| 3Y Return (annualized) | +3.11% | +25.96% | |
| 5Y Return (annualized) | +0.28% | +14.54% | |
| Volatility (annualized) | 4.5% | 30.6% | |
| Max Drawdown | -13.6% | -83.0% | |
| Fund Family | Invesco (US) | Invesco (US) | |
| Category | Fixed Income | Equity | |
| Inception | Sep 25, 2019 | Mar 10, 1999 |
BSMQ vs QQQ Performance
Invesco BulletShares 2026 Municipal Bond ETF (BSMQ) is a ETF from Invesco (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year BSMQ returned +2.69% while QQQ returned +27.27%. Year to date, BSMQ is up 1.28% versus a gain of 16.64% for QQQ.
Over three years, BSMQ compounded at +3.11% per year against +25.96% for QQQ; over five years the annualized figures are +0.28% and +14.54% respectively. Across the full 7-year window we track, QQQ has the edge at +13.03% annualized vs +0.89%. 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 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 -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 0.47. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
BSMQ charges 0.18% per year while QQQ charges 0.18%. On a $10,000 position that is $18 vs $18 annually. On income, BSMQ currently yields 2.75% against 0.44% for QQQ.
Holdings Overlap
BSMQ and QQQ share 0 holdings out of 576 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, BSMQ or QQQ?
BSMQ 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, BSMQ or QQQ?
Over the past year BSMQ returned +2.69% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (7 years), BSMQ annualized +0.89% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, BSMQ or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 4.5% for BSMQ. Worst drawdown: BSMQ -13.6% vs QQQ -83.0%.
Should I hold both BSMQ and QQQ?
BSMQ and QQQ have a monthly-return correlation of 0.47, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between BSMQ and QQQ?
BSMQ and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 576 unique securities.
Which pays a higher dividend, BSMQ or QQQ?
BSMQ yields 2.75% while QQQ yields 0.44%, so BSMQ 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.