PIMCO Ultra Short Government Active Exchange-Traded Fund (BILZ) belongs to the Ultrashort Bond category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with BILZ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BILZ
BILZ charges 0.14% annually. There are 14 ETFs in the Ultrashort Bond category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| BondBloxx Bloomberg Six Month Target Duration US T... | 0.03% | 1.91B | Sep 2022 | BILZ vs XHLF | |
| BondBloxx Bloomberg One Year Target Duration US Tr... | 0.03% | 758.60M | Sep 2022 | BILZ vs XONE | |
| State Street SPDR Portfolio Ultra Short T-Bill ETF | 0.05% | 13.77M | Oct 2025 | BILZ vs SPTU | |
| Xtrackers US 0-1 Year Treasury ETF | 0.06% | — | Oct 2024 | BILZ vs TRSY | |
| Vanguard 0-3 Month Treasury Bill ETF | 0.07% | 8.40B | Feb 2025 | BILZ vs VBIL |
Best Risk-Adjusted Alternatives to BILZ
BILZ has a PortfoliosLab risk / return rank of 100. There are 4 ETFs in the Ultrashort Bond category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | 100 | 97.69B | May 2020 | BILZ vs SGOV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 100 | 46.75B | May 2007 | BILZ vs BIL | |
| Invesco Short Term Treasury ETF | 100 | 2.59B | Jan 2017 | BILZ vs TBLL | |
| Vanguard 0-3 Month Treasury Bill ETF | 100 | 8.40B | Feb 2025 | BILZ vs VBIL | |
| Goldman Sachs Access Treasury 0-1 Year ETF | 100 | 7.68B | Sep 2016 | BILZ vs GBIL |
Top Performing BILZ Alternatives (YTD)
BILZ is at 1.87% YTD. There are 36 ETFs in the Ultrashort Bond category with higher YTD returns, going as high as 2.99%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| American Century Multisector Floating Income ETF | 2.99% | 22.67M | Mar 2023 | BILZ vs FUSI | |
| CrossingBridge Ultra-Short Duration ETF | 2.92% | 14.84M | Sep 2021 | BILZ vs CUSD | |
| NEOS Enhanced Income 1-3 Month T-Bill ETF | 2.66% | 1.45B | Aug 2022 | BILZ vs CSHI | |
| VanEck IG Floating Rate ETF | 2.54% | 2.89B | Apr 2011 | BILZ vs FLTR | |
| Simplify Treasury Option Income ETF | 2.36% | 474.96M | Oct 2022 | BILZ vs BUCK |
Lowest Volatility Alternatives to BILZ
BILZ has 0.21% 1-year volatility. There are 3 ETFs in the Ultrashort Bond category with lower 1-year volatility, going as low as 0.19%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | 0.19% | 97.69B | May 2020 | BILZ vs SGOV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 0.20% | 46.75B | May 2007 | BILZ vs BIL | |
| Invesco Short Term Treasury ETF | 0.20% | 2.59B | Jan 2017 | BILZ vs TBLL | |
| Vanguard 0-3 Month Treasury Bill ETF | 0.21% | 8.40B | Feb 2025 | BILZ vs VBIL | |
| iShares 0-1 Year Treasury Bond ETF | 0.21% | 20.86B | Jan 2007 | BILZ vs SHV |
Lowest Drawdown Alternatives to BILZ
BILZ has a 1-year max drawdown of -0.02%. There are 3 ETFs in the Ultrashort Bond category with shallower 1-year drawdowns, going as shallow as -0.01%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.01% | 46.75B | May 2007 | BILZ vs BIL | |
| iShares 0-3 Month Treasury Bond ETF | -0.01% | 97.69B | May 2020 | BILZ vs SGOV | |
| Vanguard 0-3 Month Treasury Bill ETF | -0.01% | 8.40B | Feb 2025 | BILZ vs VBIL | |
| F/m US Treasury 3 Month Bill ETF | -0.02% | 7.15B | Aug 2022 | BILZ vs TBIL | |
| iShares Treasury Floating Rate Bond ETF | -0.02% | 6.55B | Feb 2014 | BILZ vs TFLO |
Other ETFs from PIMCO
The 10 most viewed PIMCO ETFs shown here include MINT, PYLD, BOND and span 10 categories. AUM among these funds goes as high as $16B.
Often Compared With BILZ
Investors most often compare BILZ with BOXX, USFR, CDX. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare BILZ with Any Fund or Stock
Compare BILZ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BILZ with funds that move differently
PIMCO Ultra Short Government Active Exchange-Traded Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BILZ.
Explore BILZ Diversifiers