BILZ vs. TBLL
Compare and contrast key facts about PIMCO Ultra Short Government Active Exchange-Traded Fund (BILZ) and Invesco Short Term Treasury ETF (TBLL).
BILZ and TBLL 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. TBLL is a passively managed fund by Invesco that tracks the performance of the ICE U.S. Treasury Short Bond Index. It was launched on Jan 10, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BILZ or TBLL.
Correlation
The correlation between BILZ and TBLL is 0.40, 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. TBLL - Performance Comparison
Key characteristics
BILZ:
13.06
TBLL:
14.26
BILZ:
27.82
TBLL:
41.50
BILZ:
16.13
TBLL:
14.16
BILZ:
29.35
TBLL:
65.73
BILZ:
451.53
TBLL:
626.28
BILZ:
0.01%
TBLL:
0.01%
BILZ:
0.38%
TBLL:
0.35%
BILZ:
-0.52%
TBLL:
-0.61%
BILZ:
0.00%
TBLL:
0.00%
Returns By Period
As of year-to-date, both investments have demonstrated similar returns, with BILZ at 1.24% and TBLL at 1.24%.
BILZ
1.24%
0.36%
2.19%
4.93%
N/A
N/A
TBLL
1.24%
0.35%
2.23%
4.97%
2.49%
N/A
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BILZ vs. TBLL - Expense Ratio Comparison
BILZ has a 0.14% expense ratio, which is higher than TBLL's 0.08% 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. TBLL — Risk-Adjusted Performance Rank
BILZ
TBLL
BILZ vs. TBLL - 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 Invesco Short Term Treasury ETF (TBLL). 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. TBLL - Dividend Comparison
BILZ's dividend yield for the trailing twelve months is around 4.68%, less than TBLL's 4.77% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
BILZ PIMCO Ultra Short Government Active Exchange-Traded Fund | 4.68% | 4.95% | 2.23% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TBLL Invesco Short Term Treasury ETF | 4.77% | 4.99% | 4.63% | 1.37% | 0.05% | 0.80% | 2.24% | 1.69% | 0.71% |
Drawdowns
BILZ vs. TBLL - Drawdown Comparison
The maximum BILZ drawdown since its inception was -0.52%, smaller than the maximum TBLL drawdown of -0.61%. Use the drawdown chart below to compare losses from any high point for BILZ and TBLL. For additional features, visit the drawdowns tool.
Volatility
BILZ vs. TBLL - Volatility Comparison
The current volatility for PIMCO Ultra Short Government Active Exchange-Traded Fund (BILZ) is 0.08%, while Invesco Short Term Treasury ETF (TBLL) has a volatility of 0.10%. This indicates that BILZ experiences smaller price fluctuations and is considered to be less risky than TBLL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.