BILZ vs. SGOV
Compare and contrast key facts about PIMCO Ultra Short Government Active Exchange-Traded Fund (BILZ) and iShares 0-3 Month Treasury Bond ETF (SGOV).
BILZ and SGOV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BILZ is an actively managed fund by PIMCO. It was launched on Jun 21, 2023. SGOV is a passively managed fund by iShares that tracks the performance of the ICE 0-3 Month US Treasury Bill Index. It was launched on May 26, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BILZ or SGOV.
Correlation
The correlation between BILZ and SGOV is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BILZ vs. SGOV - Performance Comparison
Key characteristics
BILZ:
13.58
SGOV:
22.31
BILZ:
29.24
SGOV:
506.73
BILZ:
18.37
SGOV:
507.73
BILZ:
30.74
SGOV:
519.67
BILZ:
475.90
SGOV:
8,249.44
BILZ:
0.01%
SGOV:
0.00%
BILZ:
0.38%
SGOV:
0.23%
BILZ:
-0.52%
SGOV:
-0.03%
BILZ:
0.00%
SGOV:
0.00%
Returns By Period
The year-to-date returns for both investments are quite close, with BILZ having a 0.54% return and SGOV slightly higher at 0.56%.
BILZ
0.54%
0.32%
2.36%
5.08%
N/A
N/A
SGOV
0.56%
0.34%
2.37%
5.12%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BILZ vs. SGOV - Expense Ratio Comparison
BILZ has a 0.14% expense ratio, which is higher than SGOV's 0.03% expense ratio. However, 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. SGOV — Risk-Adjusted Performance Rank
BILZ
SGOV
BILZ vs. SGOV - 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 iShares 0-3 Month Treasury Bond ETF (SGOV). 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.
Dividends
BILZ vs. SGOV - Dividend Comparison
BILZ's dividend yield for the trailing twelve months is around 4.86%, less than SGOV's 4.99% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
BILZ PIMCO Ultra Short Government Active Exchange-Traded Fund | 4.86% | 4.95% | 2.23% | 0.00% | 0.00% | 0.00% |
SGOV iShares 0-3 Month Treasury Bond ETF | 4.99% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% |
Drawdowns
BILZ vs. SGOV - Drawdown Comparison
The maximum BILZ drawdown since its inception was -0.52%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for BILZ and SGOV. For additional features, visit the drawdowns tool.
Volatility
BILZ vs. SGOV - Volatility Comparison
PIMCO Ultra Short Government Active Exchange-Traded Fund (BILZ) has a higher volatility of 0.09% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.06%. This indicates that BILZ's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.