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BILZ vs. CDX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BILZ and CDX is -0.02. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Performance

BILZ vs. CDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO Ultra Short Government Active Exchange-Traded Fund (BILZ) and Simplify High Yield PLUS Credit Hedge ETF (CDX). The values are adjusted to include any dividend payments, if applicable.

10.00%15.00%20.00%25.00%30.00%35.00%December2025FebruaryMarchAprilMay
9.26%
25.87%
BILZ
CDX

Key characteristics

Sharpe Ratio

BILZ:

12.98

CDX:

0.78

Sortino Ratio

BILZ:

27.49

CDX:

1.24

Omega Ratio

BILZ:

15.94

CDX:

1.26

Calmar Ratio

BILZ:

28.99

CDX:

1.46

Martin Ratio

BILZ:

446.08

CDX:

5.61

Ulcer Index

BILZ:

0.01%

CDX:

2.31%

Daily Std Dev

BILZ:

0.38%

CDX:

16.74%

Max Drawdown

BILZ:

-0.52%

CDX:

-13.24%

Current Drawdown

BILZ:

0.00%

CDX:

-6.43%

Returns By Period

In the year-to-date period, BILZ achieves a 1.45% return, which is significantly lower than CDX's 7.97% return.


BILZ

YTD

1.45%

1M

0.32%

6M

2.16%

1Y

4.84%

5Y*

N/A

10Y*

N/A

CDX

YTD

7.97%

1M

4.12%

6M

6.58%

1Y

12.88%

5Y*

N/A

10Y*

N/A

*Annualized

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BILZ vs. CDX - Expense Ratio Comparison

BILZ has a 0.14% expense ratio, which is lower than CDX's 0.26% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Risk-Adjusted Performance

BILZ vs. CDX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BILZ
The Risk-Adjusted Performance Rank of BILZ is 100100
Overall Rank
The Sharpe Ratio Rank of BILZ is 100100
Sharpe Ratio Rank
The Sortino Ratio Rank of BILZ is 100100
Sortino Ratio Rank
The Omega Ratio Rank of BILZ is 100100
Omega Ratio Rank
The Calmar Ratio Rank of BILZ is 9999
Calmar Ratio Rank
The Martin Ratio Rank of BILZ is 100100
Martin Ratio Rank

CDX
The Risk-Adjusted Performance Rank of CDX is 8181
Overall Rank
The Sharpe Ratio Rank of CDX is 7171
Sharpe Ratio Rank
The Sortino Ratio Rank of CDX is 7474
Sortino Ratio Rank
The Omega Ratio Rank of CDX is 8787
Omega Ratio Rank
The Calmar Ratio Rank of CDX is 8989
Calmar Ratio Rank
The Martin Ratio Rank of CDX is 8686
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

BILZ vs. CDX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO Ultra Short Government Active Exchange-Traded Fund (BILZ) and Simplify High Yield PLUS Credit Hedge ETF (CDX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The current BILZ Sharpe Ratio is 12.98, which is higher than the CDX Sharpe Ratio of 0.78. The chart below compares the historical Sharpe Ratios of BILZ and CDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.005.0010.0015.00December2025FebruaryMarchAprilMay
12.98
0.77
BILZ
CDX

Dividends

BILZ vs. CDX - Dividend Comparison

BILZ's dividend yield for the trailing twelve months is around 4.55%, less than CDX's 11.44% yield.


Drawdowns

BILZ vs. CDX - Drawdown Comparison

The maximum BILZ drawdown since its inception was -0.52%, smaller than the maximum CDX drawdown of -13.24%. Use the drawdown chart below to compare losses from any high point for BILZ and CDX. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%December2025FebruaryMarchAprilMay0
-6.43%
BILZ
CDX

Volatility

BILZ vs. CDX - Volatility Comparison

The current volatility for PIMCO Ultra Short Government Active Exchange-Traded Fund (BILZ) is 0.07%, while Simplify High Yield PLUS Credit Hedge ETF (CDX) has a volatility of 14.00%. This indicates that BILZ experiences smaller price fluctuations and is considered to be less risky than CDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%December2025FebruaryMarchAprilMay
0.07%
14.00%
BILZ
CDX