BSMY vs QQQ
Invesco BulletShares 2034 Municipal Bond ETF vs Invesco QQQ Trust, Series 1
Which is better, BSMY or QQQ?
Municipal Bond against Large Cap Growth.
QQQ led over 1Y 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 | BSMY | QQQ |
|---|---|---|
| Expense Ratio | 0.18%Tie | 0.18%Tie |
| AUM | $135M | $498.6B |
| Dividend Yield | 3.70% | 0.42% |
| Holdings | 1,974 | 321 |
| YTD Return | -4.52% | +22.67%Best |
| 1Y Return | -2.67% | +24.33%Best |
| 3Y Return (annualized) | - | +29.05% |
| 5Y Return (annualized) | - | +17.00% |
| Volatility (annualized) | 6.4%Best | 18.1% |
| Max Drawdown | -7.9%Best | -22.8% |
| $10,000 over 2.1 years | $9,741 | $16,348Best |
| Fund Family | Invesco (US) | Invesco (US) |
| Category | Fixed Income | Equity |
| Style | Municipal Bond | Large Cap Growth |
| Inception | Sep 11, 2024 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Sep 11, 2024 to Oct 2, 2026 (2.1 years).
BSMY 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 covers the 2.1 years both funds cover.
BSMY vs QQQ Performance
Invesco BulletShares 2034 Municipal Bond ETF (BSMY) is an ETF from Invesco (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year BSMY returned -2.67% while QQQ returned +24.33%. Year to date, BSMY is down 4.52% versus a gain of 22.67% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 18.1% compared with 6.4% for BSMY. 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 -7.9% for BSMY 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 0.42. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BSMY charges 0.18% per year while QQQ charges 0.18%. On a $10,000 position that is $18 vs $18 annually. On income, BSMY currently yields 3.70% against 0.42% for QQQ.
Holdings Overlap
We hold position weights for 601 holdings in BSMY and 102 in QQQ, totalling 30.5% 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 601 positions we hold weights for in BSMY and 102 in QQQ, against full books of 1,974 and 321.
You are not choosing between two funds in isolation.
Whichever of BSMY 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, BSMY or QQQ?
BSMY 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, BSMY or QQQ?
Over the past year BSMY returned -2.67% vs +24.33% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), BSMY annualized -1.24% vs +26.37% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BSMY or QQQ?
QQQ has been the more volatile fund at 18.1% annualized versus 6.4% for BSMY. Worst drawdown: BSMY -7.9% vs QQQ -22.8%.
Should I hold both BSMY and QQQ?
BSMY and QQQ have a monthly-return correlation of 0.42, 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, BSMY or QQQ?
BSMY yields 3.70% while QQQ yields 0.42%, so BSMY currently pays the higher dividend yield.
Is QQQ better than BSMY?
QQQ led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.