BSSX vs QQQ
Invesco BulletShares 2033 Municipal Bond ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ delivered stronger 1-year returns. BSSX offers more diversification with 1,526 holdings.
Side-by-Side Comparison
| Metric | BSSX | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.18% | |
| AUM | $135M | $496.3B | |
| Dividend Yield | 3.35% | 0.44% | |
| Holdings | 1,526 | 108 | |
| YTD Return | +0.19% | +16.23% | |
| 1Y Return | +5.01% | +26.23% | |
| 3Y Return (annualized) | +4.34% | +25.75% | |
| 5Y Return (annualized) | - | +14.78% | |
| Volatility (annualized) | 6.7% | 30.6% | |
| Max Drawdown | -7.9% | -83.0% | |
| Fund Family | Invesco (US) | Invesco (US) | |
| Category | Fixed Income | Equity | |
| Inception | Sep 20, 2023 | Mar 10, 1999 |
BSSX vs QQQ Performance
Invesco BulletShares 2033 Municipal Bond ETF (BSSX) is a ETF from Invesco (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year BSSX returned +5.01% while QQQ returned +26.23%. Year to date, BSSX is up 0.19% versus a gain of 16.23% for QQQ.
Over three years, BSSX compounded at +4.34% per year against +25.75% for QQQ. Across the full 3-year window we track, QQQ has the edge at +13.02% annualized vs +4.34%. 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 6.7% for BSSX. 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 BSSX 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 0.58. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
BSSX charges 0.18% per year while QQQ charges 0.18%. On a $10,000 position that is $18 vs $18 annually. On income, BSSX currently yields 3.35% against 0.44% for QQQ.
Holdings Overlap
BSSX and QQQ share 0 holdings out of 591 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, BSSX or QQQ?
BSSX 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, BSSX or QQQ?
Over the past year BSSX returned +5.01% vs +26.23% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (3 years), BSSX annualized +4.34% vs +13.02% for QQQ. Past performance does not guarantee future results.
Which is riskier, BSSX or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 6.7% for BSSX. Worst drawdown: BSSX -7.9% vs QQQ -83.0%.
Should I hold both BSSX and QQQ?
BSSX and QQQ have a monthly-return correlation of 0.58, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between BSSX and QQQ?
BSSX and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 591 unique securities.
Which pays a higher dividend, BSSX or QQQ?
BSSX yields 3.35% while QQQ yields 0.44%, so BSSX currently pays the higher dividend yield.
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