BSMW vs QQQ
Invesco BulletShares 2032 Municipal Bond ETF vs Invesco QQQ Trust, Series 1
Which is better, BSMW or QQQ?
Long Term Municipal Bond against Large Cap Growth.
QQQ led over 1Y, 3Y 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 | BSMW | QQQ |
|---|---|---|
| Expense Ratio | 0.18%Tie | 0.18%Tie |
| AUM | $215M | $483.5B |
| Dividend Yield | 3.29% | 0.44% |
| Holdings | 1,807 | 107 |
| YTD Return | -3.93% | +21.71%Best |
| 1Y Return | -2.21% | +25.89%Best |
| 3Y Return (annualized) | +2.63% | +28.80%Best |
| 5Y Return (annualized) | - | +15.67% |
| Volatility (annualized) | 6.6%Best | 17.0% |
| Max Drawdown | -7.6%Best | -22.8% |
| $10,000 over 3.6 years | $10,618 | $26,297Best |
| Fund Family | Invesco (US) | Invesco (US) |
| Category | Fixed Income | Equity |
| Style | Long Term Municipal Bond | Large Cap Growth |
| Inception | Mar 1, 2023 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.6 years row, are measured over the window both funds cover: Mar 1, 2023 to Sep 25, 2026 (3.6 years).
BSMW 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 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.
BSMW vs QQQ Performance
Invesco BulletShares 2032 Municipal Bond ETF (BSMW) is an ETF from Invesco (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year BSMW returned -2.21% while QQQ returned +25.89%. Year to date, BSMW is down 3.93% versus a gain of 21.71% for QQQ.
Over three years, BSMW compounded at +2.63% per year against +28.80% for QQQ. Across the full 4-year window we track, QQQ has the edge at +30.81% annualized vs +1.68%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 17.0% compared with 6.6% for BSMW. 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 -7.6% for BSMW and -22.8% 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 0.53. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BSMW charges 0.18% per year while QQQ charges 0.18%. On a $10,000 position that is $18 vs $18 annually. On income, BSMW currently yields 3.29% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 553 holdings in BSMW and 102 in QQQ, totalling 29.4% 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 553 positions we hold weights for in BSMW and 102 in QQQ, against full books of 1,807 and 107.
You are not choosing between two funds in isolation.
Whichever of BSMW 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, BSMW or QQQ?
BSMW has an expense ratio of 0.18% while QQQ charges 0.18%. At the precision these are quoted to, they cost the same.
Which performed better, BSMW or QQQ?
Over the past year BSMW returned -2.21% vs +25.89% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), BSMW annualized +1.68% vs +30.81% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BSMW or QQQ?
QQQ has been the more volatile fund at 17.0% annualized versus 6.6% for BSMW. Worst drawdown: BSMW -7.6% vs QQQ -22.8%.
Should I hold both BSMW and QQQ?
BSMW and QQQ have a monthly-return correlation of 0.53, 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, BSMW or QQQ?
BSMW yields 3.29% while QQQ yields 0.44%, so BSMW currently pays the higher dividend yield.
Is QQQ better than BSMW?
QQQ led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.